As Avalanche experiences a recession, enthusiasts shift their focus to new Altcoins that offer new opportunities.
Avalanche (AVAX), one of the top altcoins in the cryptocurrency industry, is receiving a lot of attention from cryptocurrency investors. However, these investors were dissatisfied with Avalanche’s plan to invest in meme coins, and AVAX lost its bullish momentum in late 2023. Smart investors are now turning to popular new DeFi tokens, including: Boro Finance ($ROE) You could get a huge ROI in 2024. Read on to see what investors think about this token.
Buy $ROE tokens now
AVAX falls amid meme coin craze
On December 29, the Avalanche Foundation spoke about its Culture Catalyst program and proposed plans for the future. This $100 million blockchain investment program was created in 2022 and focuses specifically on gas tokens, tokenized real-world assets, new DeFi projects, governance tokens, and stablecoins. In the future, the Avalanche Foundation plans to begin investing heavily in Avalanche-based meme coins.
Cryptocurrency experts say the plan will help Avalanche diversify its investment portfolio and capitalize on the fast-rising meme coins in the ecosystem. Additionally, the factors that determine the selection process for these meme coins were revealed during the announcement. The Avalanche Foundation will focus, among other things, on meme coins with large holders, high liquidity thresholds, popular social media sentiment, and project maturity.
AVAX investors exited the market in early 2024 despite this positive ecosystem news. On December 25, AVAX was trading at $47.83. AVAX fell 16.51% a week later and was trading at $40.06 in the new year. According to experts, AVAX investors have not participated in investing blockchain funds in highly volatile meme coins and the bearish trend may continue in the coming weeks. Therefore, AVAX could trade between $30.00 and $43.00 in the first quarter of 2024.
Borroe Finance has concluded its third pre-sale round after raising $2.29 million.
If you are researching the best cryptocurrency investments for 2024, make sure Borroe Finance is on your list. Borroe Finance is an AI-powered financing marketplace built to help web3 content creators and businesses generate immediate cash by selling their future earnings. Thanks to Borroe Finance, web3 businesses can now issue future subscriptions, royalties and invoices as NFTs and sell them to their supporting community.
Buyers can purchase these popular NFTs at discounted prices and trade them in the peer-to-peer ecosystem of the secondary market. According to cryptocurrency experts, Borroe Finance’s ultimate goal is to bridge the short-term liquidity gap in the blockchain industry. Smart investors predicted Borroe Finance would be a huge success, raising over $2.29 million for the platform in its first three pre-sale rounds.
Currently $ROE is selling for $0.0175 with the third pre-sale phase nearing completion. After all pre-sale stages, $ROE will be released to mainstream cryptocurrency exchanges and sold for $0.04. Analysts say this $ROE price movement will deliver a massive ROI of 128.6% for early $ROE investors in 2024. Additionally, thanks to the expected rapid market adoption, $ROE is likely to surge and trade at $0.1750 by the end of the year.
Learn more about Borroe Finance here:
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