Investors in Shiba Inu and Stellar have warned of the emergence of a new game-changing cryptocurrency.

Smart investors are always on the lookout for new cryptocurrencies with tremendous utility, as tokens in this category tend to offer the highest ROI. This is why Shiba Inu (SHIB) and Stellar (XLM) investors are focused on BorroeFinance ($ROE) in 2023. BorroeFinance is a new popular token that aims to provide decentralized financing to companies in the web3 industry. Read on to see expert opinions and predictions about this token.

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TLDR

• The Shiba Inu whale recently moved 4.19 trillion SHIB tokens from one unknown wallet to another. Analysts are still trying to decipher the motivation behind this move.
• Stellar Network recently announced that the final testnet reset will occur on December 18th.
• BorroeFinance allows you to turn your future digital earnings into NFTs and sell them to your audience at a discounted price.

SHIB Whales Make Massive Movement in December

On December 11, Whale Alert reported a large transfer between two Shiba Inu whale purses. According to the Crypto Whale data tracker, 4.19 trillion Shiba Inu tokens (worth approximately $40,823,942) were transferred from one unknown wallet to another.

Additionally, on December 8, another 4.22 trillion Shiba Inu tokens (about $43,372,951) were transferred between another undisclosed wallet pair. Experts are still unsure what this Shiba Inu whale is trying to accomplish with the transmission. However, retail Shiba Inu investors are confident in SHIB and the token has been performing strongly in early December.

On December 4, SHIB was trading at $0.000008889. A week later, SHIB surged 4.07% to $0.000009251. According to experts, SHIB has remained strong despite the bearish market reversal. This means it is still one of the best altcoins for pre-holiday investing. Additionally, experts predict that SHIB price will be $0.00001051 by December 25th.

BorroeFinance: Closing the short-term liquidity gap in the Web3 industry

Web3 businesses often face a number of obstacles when seeking funding from traditional financial institutions. To solve this problem, blockchain developers created BorroeFinance, an AI-powered fundraising platform that allows web3 participants to raise instant cash by selling their future digital earnings.

For context, BorroeFinance users’ web3 businesses can turn future subscriptions, royalties and invoices into popular NFTs and sell them at a discount to the supporting community. Savvy cryptocurrency investors who achieved early ROE have already raised over $1.88 million for this new platform, with more investors flocking every day.

$ROE is currently selling for $0.0175 in its third pre-sale phase. After all pre-sale stages, $ROE will be sold for $0.04 on mainstream cryptocurrency markets. Experts also predict that $ROE will be quickly adopted by the market. This means $ROE could trade at $0.1750 by December 2024.

XLM product line following ecosystem expansion

On December 6, Stellar announced that the final Stellar testnet reset of the year will take place on December 18. This testnet reset is part of the broader Protocol 20 upgrade process and will occur at exactly 5 PM UTC. With this upgrade, we also plan to introduce Soroban smart contracts to developers and DeFi companies.

Protocol 20 upgrades include stable releases for Stellar Core, Horizon, and Soroban RPC on December 19, and a public network upgrade on January 30, 2024. According to experts, this ecosystem development represents a breakthrough in Stellar Network’s operational capabilities.

Despite these ecosystem changes, XLM was volatile in the second week of December. On December 5, XLM was trading at $0.1213. By December 12, XLM had fallen 0.30% to $0.1209. Experts say Stellar was one of the best-performing cryptocurrencies in the second half of the year. However, XLM has lost its bullish momentum and the token may trade below $0.1100 by December 25th.

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