UNI & ETC Remain Weak, Borroe ($ROE) Surges In Double Digits

Market analysis shows that Uniswap ($UNI) fundamentals are still weak despite its latest rally. Ethereum Classic’s ($ETC) growing demand among the whales is helping push its value higher but other investors are still cautious. On the other hand, Borroe ($ROE) has already delivered double-digit profits for early investors. Hence, $ROE is the best crypto investment in 2023. Will $UNI and $ETC catch up?

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Uniswap ($UNI) Fundamentals Still Weak

Uniswap’s ($UNI) price has displayed a breakdown from the ascending channel after trending lower since August 2, 2023. 

Notably, the breakdown increased selling pressure in recent trading charts, displaying increasing bearishness on the weekly UNI timeframe. Interestingly, Uniswap was even sliding before the flash crash in the crypto space on August 18.

Expectedly, Uniswap ($UNI) bullish investors seemed quite fatigued because of the lack of positive catalysts that would help send Uniswap higher. Nonetheless, on August 29, the entire crypto market surged after Grayscale’s victory in a Bitcoin ETF case against the SEC.

Analysts believe that the current Uniswap rally is short-lived and it will drop back its previous downside momentum once the hype is over. Strong fundamentals need to form in UNI market to enable it to close above the $4.77 psychological level consistently. 

If that fails, analysts expect Uniswap to drop toward $4.65 by the end of 2023.

Ethereum Classic ($ETC) Rising as Crypto Market Turns Bullish

In the past six months, Ethereum Classic ($ETC) lost 28% in value due to the crypto winter that affected the entire cryptocurrency market.

But, from the beginning of August 2023, whales started buying the dip in Ethereum Classic’s ($ETC) market. On that note, Ethereum Classic’s ($ETC) open interest stood at $71.83 million. But, Ethereum Classic ($ETC) bears still dominated the market.

Interestingly, after Grayscale won a Bitcoin ETF lawsuit against the SEC on August 29, the whole cryptocurrency market awakened. This court ruling might suggest that the regulatory environment is getting favorable for cryptocurrency-related products. Hence, it could enhance investor confidence in the industry, benefiting Ethereum Classic ($ETC) along with other cryptos.

The ruling might support acceptance of cryptocurrencies beyond Bitcoin, leading to extra interest in established altcoins like Ethereum Classic ($ETC).

In that context, Ethereum Classic ($ETC) was trading at $16.88 on August 29, up 8.32% in the past week. Analysts expect Ethereum Classic ($ETC) to keep rising, fueled by increased demand from the whales, to reach $20.25 by the end of 2023. Hence, Ethereum Classic ($ETC) is one of the best cryptos to buy today.

Borroe’s Double Digit Profits Leave $ROE Highly Attractive among Investors

As anticipated, traditional funding networks are encountering challenges in embracing the incorporation of Web3 principles into their platforms. On the other hand, Borroe ($ROE) is smoothly adapting to this technological revolution. Central to Borroe’s ($ROE) AI-driven funding marketplace is its expertise in rapidly generating instant liquidity from upcoming recurring revenues.

The groundbreaking Borroe protocol empowers Web3 businesses and users to enjoy rewards by minting non-fungible tokens (NFTs) representing future and pending invoices. Remarkable is the availability of these NFTs at discounted rates within ROE platform.

Currently, in Stage 1 of its presale, Borroe is trading at $0.0125, an impressive 25% increase from its initial beta stage price of $0.010.

Participants in ROE beta stage of the public presale are expected to capitalize on significant gains as the project continues its upward trajectory toward the set presale price target of $0.040 in later stages. Hence, early Borroe investors will acquire substantial profits of up to 300% from the initial price. 

With such growth potential, Borroe emerges as a good crypto to buy now. Seize the opportunity to purchase $ROE before its price surges and enjoy assured substantial returns on your investment.

More about Borroe here:

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Source: https://www.thecoinrepublic.com/2023/09/03/uni-etc-remain-weak-borroe-roe-surges-in-double-digits/