Enthusiasts are eyeing the rise of Borroe Finance, posing a threat to XRP and BNB in the cryptocurrency space.
Borroe Finance ($ROE), one of the top DeFi projects in the Web3 funding sector, has garnered a lot of attention from enthusiasts. Likewise, whales prominently migrated Ripple (XRP) tokens to CEX, and Binance Coin (BNB) announced a content creation campaign. But does the growing momentum in $ROE pose a threat to XRP and BNB? Let’s find out what the best cryptocurrency investments are.
Buy $ROE tokens now
Borroe Finance is at the heart of the market
Focus shifted to Borroe Finance, which had achieved outstanding pre-sale success amidst market volatility. Borroe Finance is the world’s first Web3 blockchain invoice discounting NFT marketplace.
Borroe Finance excels at deploying AI technologies, smart contracts and blockchain for an easy and seamless revenue raising process on Web3.
With a simple fee structure and full cost transparency, Borroe Finance’s native token, $ROE, has become one of the best altcoins to watch. Borroe Finance also helps Web3 participants and creators earn immediate cash, selling future earnings to the supporting community.
Currently $ROE is selling for $0.0175 per token. $ROE is expected to surge to $0.0400 by the end of pre-sale. If investors choose $ROE now, this massive increase would give them an ROI of 128.5%. To date, Borroe Finance has already raised over $2.31 million, giving it a ROE of over $203 million. For this reason, investors have an overwhelming preference for $ROE.
Whale dumps 47.5 million XRP into CEX
On January 4, 2024, WhaleAlert revealed that two notable whale transactions occurred surrounding XRP. Amid the recent decline in XRP, 26.2 million XRP were sent to Bitstamp in the first transaction, and 21.3 million XRP were sent to Bitso in the second transaction.
Moreover, the price of XRP was flat in December. However, if XRP moves beyond the ascending triangle, bullish momentum will build. However, XRP plummeted from $0.63 to $0.55 on January 3rd. After the plunge, XRP traded between $0.53 and $0.58. As of January 4, XRP was trading at $0.57, down 9.52%.
Nonetheless, experts say that XRP remains firmly above a few key support levels, sparking a consolidation phase. XRP found important resistance at $0.59. If XRP fails to cross the resistance level, XRP will fall to $0.50. Accordingly, market enthusiasts are paying attention to $ROE, the new hero in cryptocurrency town.
BNB Chain announces opBNB technical content creation campaign
On January 4, 2024, BNB Chain announced the opBNB technical content writing campaign with a $10,000 prize pool. This exciting campaign invites everyone who wants to contribute insightful content related to opBNB. Additionally, the submission deadline is January 21st.
The BNB price trend, which has gained momentum since mid-December, reignites an upward trend as the retest phase progresses well. Since then, BNB has already surged 35.74%. As of January 4th, BNB is trading at around $319. After BNB surpassed $300, its price continued to rise under bullish pressure.
However, MACD, BNB’s technical indicator, showed a negative crossover as the MACD line and signal line stagnated due to a short-term reversal. However, the overall market recovery for BNB is accelerating. Crypto analysts say this increase in momentum will push BNB, one of the top 10 altcoins, to trend higher and even reach the $350 level.
Learn more about Borroe Finance ($ROE) here.
Visit Borroe Finance Presale | Join our Telegram group | Follow Borroe Finance on Twitter