Toncoin ($TON) encountered a massive resistance that shattered its upward momentum. On the other hand, EOS ($EOS) seems to be consolidating, awaiting the next price action. Yet, Borroe.Finance ($ROE) delivered a 50% profit for its early investors, despite the crypto market turbulence.
Do Toncoin and EOS have a chance to compete with Borroe.Finance?
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Toncoin Encounters Massive Resistance, $TON Slides
On September 20, 2023, Toncoin’s ($TON) bullish surge faced a bearish retreat around the $2.60 zone. Despite this setback, Toncoin ($TON) continued surpassing the performance of most other altcoins following the news of the token’s integration with Telegram.
Elsewhere, Toncoin’s ecosystem has embraced a new partner, EthSign. On that note, TON Foundation tweeted that EthSign will introduce secure, multi-chain, and decentralized digital contract signing to the thriving TON-based Web3 ecosystem within Telegram.
According to CoinMarketCap data, Toncoin’s ($TON) impressive 57% surge in the past week propelled it into the top 10 cryptocurrencies by market capitalization. However, many Toncoin ($TON) investors started taking profits after its price reached $2.60, increasing its selling pressure.
Experts say the drop in Toncoin’s ($TON) price was caused by selling pressure in its market and a bearish trend in the whole crypto market. Analysts say that if profit-taking persists, it might result in a breakdown of Toncoin’s ($TON) price, pushing the coin toward the support level at $2.00.
EOS ($EOS) Cools Down After Listing on BitTrade
EOS Network Foundation announced on August 30, 2023, that EOS ($EOS) tokens would start trading on the Japanese exchange BitTrade in September. It had received regulatory clearance from Japan’s crypto regulatory body, paving the way for the token to trade against the Japanese yen on authorized exchanges.
Following the announcement, EOS surged by 3.23%. EOS’s price climbed from $0.62 to $0.64. Nevertheless, these gains were short-lived, as the token swiftly reversed its trajectory, heading downwards amid increased market volatility. Between August 31 and September 25, EOS dropped from $0.64 to $0.57, a 10.73% decrease in EOS value.
Despite this recent decline, forecasts suggest that $EOS could enter a bullish phase if the broader cryptocurrency market recovers. This potential resurgence positions $EOS as a good crypto to buy. In turn, its status is strengthened as one of the top crypto coins to consider.
Borroe.Finance ($ROE) Surges By 50%, Investors Run To Buy
Excitement surrounds one of the crypto industry’s newest entrants – Borroe.Finance ($ROE). This platform offers revenue financing services specifically tailored for the Web 3.0 space.
Borroe.Finance ($ROE) assists users in collateralizing and trading their upcoming earnings. These earnings include invoices, subscriptions, royalties, and management fees, and can generate immediate capital. Borroe.Finance’s ($ROE) appeal lies in its ability to attract many buyers through enticing discounts and increased efficiency supported by blockchain technology.
Moreover, Borroe.Finance ($ROE) guarantees increased efficiency by providing instant funding for loan requests and repayments. On that note, the platform acknowledges marketplace participation and rewards its most active users.
Notably, Borroe.Finance ($ROE) grants its users priority access to customer support, ensuring quick resolution of any issues that may arise. These unique features and functionalities position Borroe.Finance ($ROE) as the best crypto investment in 2023.
Also, Borroe.Finance ($ROE) aims to become one of the top DeFi projects, as evidenced by its strong emphasis on security. The platform completed a security audit by BlockAudit, a reputable blockchain security firm. You can access the audit certificate on its website and transparent details about its smart contracts.
Currently, $ROE is in Stage 2 of its presale, valued at $0.0150, a 50% ROI from its Beta Stage price of $0.0100. Once the presale ends, Borroe.Finance ($ROE) will enter the mainstream market valued at $0.0400, a 167% increase from the current price.
Learn more about Borroe.Finance ($ROE) here:
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Source: https://coinpedia.org/press-release/borroe-finance-roe-experiences-price-upswing/