Unfazed with Avalanche and Uniswap Amidst Market Dips

Very few tokens were spared from the market crash of August 17. However, investors believed that Avalanche (AVAX) and Uniswap (UNI) might have a great chance of a sharp recovery. Ironically, while Avalanche (AVAX) prepares for its token unlock, Uniswap (UNI) holders are bemoaning the sharp drop in its TVL. 

Interestingly, analysts now claim that the only token that can surpass all others in this bear market is Borroe ($ROE) – a blockchain ICO that has already grown by 25%. Can Borroe ($ROE) surpass expectations by emerging as one of the top 5 cryptocurrencies of 2023?

>>BUY $ROE TOKENS NOW<<

Avalanche (AVAX) Prepares for $100 Million Token Unlock

The Avalanche network is gearing up to release $97.4 million AVAX tokens on August 26, 2023. The allocation for the token unlock is $23 million for strategic partners, $17 million for the Avalanche (AVAX) Foundation, $46 million for the Avalanche (AVAX) team, and $11 million for community airdrops.

Avalanche’s (AVAX) upcoming token release is being received with a bit of negative sentiment after a similar token unlock on May 28, 2023, was followed by a 27% price crash. It took Avalanche (AVAX) from $15 on May 27 to $11 on June 12. 

Now, Avalanche (AVAX) token holders fear a similar drop caused by the token unlock could be approaching. Even worse, they believe such a drop would be exacerbated by the August 17 market crash.

Avalanche (AVAX) was trading at $11.45 on August 17. By August 22, Avalanche (AVAX) dropped by 12.8% to $9.98. Analysts say its upcoming token unlock could cause AVAX to fall to $9.54.

Uniswap’s (UNI) TVL Drops by $700 Million Since Mid-June

Uniswap (UNI), one of the largest decentralized exchanges, has recorded a sharp drop in its Total Value locked (TVL). On July 11, Uniswap’s (UNI) TVL was around $4.03 billion. Over a month later, it has fallen to $3.40 billion as of August 24. Many analysts agree that the sharp drop in TVL could indicate declining interest in Uniswap (UNI).

The sharp drop in TVL comes amid excitement around Uniswap X –  a special update designed to boost user experience by offering gas-free swaps and special protection against Maximum Extractable Value (MEV). Interestingly, the drop in Uniswap’s (UNI) TVL came amid its rising price in the final weeks of August.

Uniswap (UNI) was trading at 5.78 on July 26. It then jumped by 15.3% to $6.67 on August  2, falling slightly by 6.8% to $6.21 on August 13. Unfortunately, the crypto market took a sharp, bearish turn on August 17, and Uniswap (UNI) fell by 12.3% to $5.44. UNI holders believe the token will rise by 11.0% to $6.04 when the crypto market goes bullish, thus making it a good crypto to buy now.

Borroe ($ROE) Aims to Revolutionize Revenue Financing

The traditional revenue financing industry plays a crucial role in the growth of businesses worldwide. Unfortunately, it is hampered by a myriad of challenges that make it incapable of supporting and powering the growth of the Web 3.0 industry. Fortunately, there’s a solution.

Borroe ($ROE) Finance is a decentralized funding marketplace that relies on fractionalized NFTs to ease the process of taking crucial loans that serve as working capital. These NFTs represent the collateral and fundraising agreement of each loan offer. 

Furthermore, Borroe ($ROE) empowers companies to customize their funding offers to include attractive incentives.

Borroe ($ROE) is one of the standout platforms that bridge Web 3 firms and blockchain-based companies to funding opportunities that are largely unavailable to them. It also offers users easy access to on-and-off-ramp crypto and fiat payment solutions, thus improving business efficiency. 

Benefits of using Borroe ($ROE) include advanced analytics to help buyers find the best investment opportunities. Users also get voting rights, and they are rewarded for exercising those voting rights.

Borroe’s ($ROE) projected growth has caught the eye of many investors. It was trading at $0.010 in its Beta Stage before jumping by 25% as it moved to Stage 1 of its presale. Borroe ($ROE) is currently trading at $0.0125, but it is expected to reach $0.040 by the end of its presale, a sharp 300% increase, thus making it one of the best DeFi projects.

Learn more about Borroe ($ROE) here:

Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter