Bonk and Polkadot supporters shift focus to emerging cryptocurrencies with notable growth prospects
Bonk (BONK) delivered one of the highest ROIs to investors in the fourth quarter of 2023. However, Solana-based meme coins have been on the decline and now investors are looking for new options. On the other hand, Polkadot (DOT) maintained its strength thanks to positive ecosystem developments. Investors’ interest now Boro Finance ($ROE) It has already raised more than $2.1 million for the platform. Read on to see what experts think about these tokens.
Buy $ROE tokens now
Bonk declines in late December
Solana-based meme coin Bonk has emerged as one of the best cryptocurrency investments of Q4 2023 after hitting a new ATH on December 15. Bonk also surpassed Polkadot, Dogecoin, and Shiba Inu in trading volume on December 26th. However, cryptocurrency Deep Cipher Cipher plans to continue accumulating until Bonk falls below the $0.00001005 support.
Bonk is in a bearish retracement, with the token down 30% in the last week of December. On December 21, Bonk was trading at $0.00001962. A week later Bonk fell and sold for $0.00001386. Experts say Bonk’s surge will depend on Solana’s developments, and if Solana weakens, the token will likely see a significant price slump in the first quarter of 2024. Additionally, analysts say Bonk is likely to fall to $0.00001125 in January 2024 based on current price trends.
Investors are looking to recapture $ROE for a triple-digit surge in 2024.
2024 is another year to create wealth by researching new high-utility tokens and investing early. Borroe Finance is one of the new DeFi projects that has attracted smart investors. Borroe Finance is an AI-powered fundraising platform that allows web3 businesses to raise cash instantly by selling future earnings. To ensure the safety of the funding process, Borroe Finance integrates AI risk assessment into its protocol.
Currently, $ROE is in its third pre-sale phase and tokens are selling for $0.0175. Once all pre-sale phases are over in 2024, $ROE will hit the mainstream cryptocurrency markets and sell for $0.04. As a result of this bullish price movement, early $ROE investors will see a massive ROI of 128.6%. Experts also predict that $ROE will see rapid market adoption. That means the token is likely to trade at a surge from $0.155 until July 2024.
Binance Lists Polkadot for USDC Spot Trading
Earlier this year, Binance ended support for BUSD, leaving USDT as the dominant stablecoin. To address this exchange anomaly, Binance announced a new trading pair for USDC (a Circle-issued stablecoin) on December 27th. As a result, Polkadot investors can now trade USDC as a top altcoin using trading pairs such as ADA/USDC and MATIC/USDC. SOL/USDC and DOT/USDC will be effective from 08:00 UTC on December 28.
Polkadot entered a bull market in December, and DOT eventually recorded a double-digit price surge in the last week of the year. On December 21, DOT was trading at $7.23. After 7 days, DOT was up 18.16% and selling at $8.55. According to analysts, DOT is expected to remain strong in the first quarter of 2024 due to the influx of new investors and wide availability of trading options. Therefore, we expect DOT to trade at $10.50 by February 2024.
Learn more about Borroe Finance here:
Visit Borroe Finance Presale | Join our Telegram group | Follow Borroe Finance on Twitter