Crypto Gloom

As Ethereum and Cosmos Grow, Smart Traders Pay Attention to Emerging Cryptocurrencies

Top altcoins like Ethereum (ETH) and Cosmos (ATOM) often record ecosystem growth during cryptocurrency bull seasons. Cryptocurrency market surge in Q4 2023 sent ETH investors into FOMO mode, while ATOM surged after two major DeFi platforms merged onto the chain. Likewise, investors are buying. BorroeFinance($ROE) For long-term ROI. Let’s take a closer look at what experts think about this token.

Buy $ROE tokens

ETH Investors Enter FOMO Amid Soaring Prices

On December 3, a leading cryptocurrency analyst known as Ali on Data from IntoTheBlock shows that 5.85 million Ethereum wallets purchased ETH in the fourth quarter of 2023, when ETH was selling between $1,900 and $2,100, the analyst said.

Additionally, during this period, Ethereum’s outstanding balance soared to $8 billion, solidifying the token’s position as the leading altcoin in the world.

As a result of positive ecosystem developments, Ethereum recorded a double-digit price surge in December. On November 28, ETH was sold at $2,010, and 7 days later, ETH rose 11.34% to trade at $2,232 on December 5.

Experts say Ethereum investors are dealing with FOMO and buying pressure will increase going forward. Therefore, ETH will likely be trading at $2,500 before the end of the year.

Investors support $ROE to achieve massive ROI in 2024.

Savvy cryptocurrency investors predicted the success of BorroeFinance in 2024, raising over $1.8 million to support this innovative new DeFi project. BorroeFinance, a decentralized AI-powered fundraising platform, allows web3 businesses to raise cash instantly by selling their future digital income. To ensure the safety of BorroeFinance, BlockAudit has tested and verified the platform. This means users are safe from exploits and cyberattacks.

$ROE is currently in its third pre-sale phase, with tokens selling for $0.0175. After all pre-sale stages, $ROE will be released to the mainstream cryptocurrency markets, trading at $0.040.

Analysts say this $ROE price movement will provide early investors with a massive ROI of 167%. Additionally, $ROE is poised to record rapid market adoption in 2024, with the token likely trading at $0.175 by July 2024.

ATOM surges due to DEX merger

On December 4, Umee and Osmosis (two major DeFi projects hosted on Cosmos Chain) announced a merger. According to the report, the merger will see Umee’s UX chaincode re-implemented on Osmosis, combining key features of both networks.

Umee is a decentralized lending protocol, while Osmosis is a decentralized exchange, and experts say the merger will provide a ‘DeFi hub’ for the Cosmos blockchain.

Cosmos is still going strong in the fourth quarter of 2023, with ATOM up 8.16% in the first week of December. ATOM was trading at $8.96 on November 28, and a week later on December 5, ATOM surged to $9.71.

According to analysts, Cosmos has recorded multiple ecosystem expansions in 2023, and ATOM is likely to trade at $12.50 in the first quarter of 2024.

Learn more about BorroeFinance here:

Visit BorroeFinance Presale | Join our Telegram group | Follow BorroeFinance on Twitter