New high-utility penny tokens often make the best crypto investments because they are cheap (below $1.00). While Tron (TRX) is still battling a bad reputation, Fantom (FTM) is slowly becoming a dominant force in the crypto market. Furthermore, investors are also focused on a new penny crypto called Borroe Finance ($ROE). Keep reading to see expert forecasts and opinions on these tokens.
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Investors Predict Massive Success for Borroe Finance in 2024
Investing in high-value penny tokens has made many crypto investors millionaires. You can be next if you hop on the Borroe Finance train early. Borroe Finance is the world’s first web3 blockchain invoice discounting NFT marketplace. As a decentralized AI-powered fundraising platform, Borroe Finance allows web3 participants to mint their future income into trending NFTs and sell them to supportive communities at discounted prices.
Currently, $ROE is in its third presale stage, and the token is selling for $0.0175. When all presale stages are over, $ROE will list on major crypto exchanges for $0.04. Analysts say this price movement will deliver a massive 128.6% ROI to early investors in 2024. Furthermore, experts have predicted a fast crypto market adoption for $ROE, meaning the token may likely trade for $0.1210 by October 2024.
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Tron Founder Announced Massive Airdrop
On December 10, Tron Network’s founder Justin Sun announced a special airdrop of 10,000 TRX on Binance Square. Tron Network recently hit a significant milestone of 200 million accounts, and the Tron founder said this airdrop is a celebration. As a Tron investor, you can benefit from this airdrop by answering questions posted by Justin on Binance Square.
Despite this positive ecosystem news, TRX lost 5.40% in the second week of December. On December 10, TRX traded for $0.1081. A week later, TRX dropped and sold for $0.1023. Even though Tron has been caught up in multiple scandals, experts say TRX can still record a 1,000% surge thanks to the resilience of the Tron community. For now, analysts believe TRX will likely surge along with other top altcoins in Q1 2024 and trade for $0.1690.
Fantom Foundation Launches Sonic Labs
On December 4, the Fantom Foundation launched Sonic Labs builders testnet. According to the Fantom Foundation, Sonic Labs is a blockchain development incubator that allows developers and DeFi companies to build new DApps with super performance. Fantom Foundation chose five teams for this initial test phase, and these developers received an equal share of one million FTM tokens and direct guidance from Pyth’s Marc Tillement.
As a result of this positive ecosystem development, FTM recorded a double-digit surge in Q4 2023. On November 17, FTM traded for $0.3496. After a few weeks, FTM gained 18.48% and traded for $0.4090. According to experts, FTM is one of the underrated altcoins in the crypto industry due to low social dominance. However, FTM will likely surge and trade for $0.4990 in Q1 2024 due to Fantom’s recent ecosystem expansion.
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Source: https://www.analyticsinsight.net/spotlight-on-three-cryptocurrencies-under-1-with-potential-to-skyrocket-to-100/