Akash Network (AKT) and Arweave (AR) are not popular cryptocurrencies. However, both tokens attracted savvy investors in late February and recorded massive price surges. On the other hand, investors also placed a long-term bet on Borroe Finance ($ROE) after discovering the platform's decentralized fundraising utility. Keep reading to see expert forecasts and opinions on these tokens.
On February 26, Coinbase (America's best cryptocurrency exchange) added Akash Network to its new asset listing roadmap. According to Greg Osuri (founder of Akash Network), this Coinbase listing is not the 'coolest' ecosystem development in Q1 2024. The founder said the most intriguing development is that Akash Network set a new record for number of active dapps (decentralized applications) deployed on the network.
As a result of these positive ecosystem developments, AKT recorded a double-digit price surge in the last week of February. On February 24, AKT traded for $4.01. A week later, AKT gained 16.19% and traded for $4.65. As a result of AKT's potential listing on Coinbase and the network's consistent expansion, crypto analysts predict that the token will surge and trade for $5.90 by Q2 2024.
On March 2, AO (a hyperparallel computer and decentralized data network) recently announced that it has processed over one million transactions since launching its testnet in late February. According to recent crypto news, AO's cookbook is hosted on Arweave, and the platform is sticking to its decentralized computer – decentralized data vision. Therefore, experts believe Arweave will build the world's first full-stack decentralized web.
AR recorded a price surge in the last week of February thanks to this ecosystem expansion. On February 24, AR traded at $25.80. Seven days later, AR gained 12.97% and traded for $29.15. According to crypto analysts, AR and other top altcoins will likely maintain their bullish trajectory in March due to the upcoming BTC halving in April. Going by this prediction, AR may trade for $35.50 by May.
New DeFi projects offering groundbreaking utility have the highest potential for ROI, and savvy investors win by investing in these tokens early. Already, some investors have raised $3 million for a new AI-powered fundraising marketplace called Borroe Finance. Borroe Finance allows web3 businesses to raise instant cash by minting future earnings into trending NFTs and selling them to supportive communities at discounted prices.
Currently, $ROE is in its fourth presale stage, and the token is selling for $0.019. After all presale stages conclude, $ROE will list on crypto exchanges and trade for $0.040. According to crypto analysts, this bullish $ROE price movement will result in a massive 110.5% ROI for early investors. Furthermore, experts also predict that $ROE will enjoy speedy market adoption and likely trade at $0.190 when it hits the mainstream crypto market.
Learn more about Borroe Finance here:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.