Q1 2024 has been eventful for Ethereum (ETH), and many positive developments are still coming for the world's leading altcoin this year. While ETH may likely surge past its current ATH and trade for $5,000 before the end of the year, savvy investors are backing newer AI-focused tokens like Borroe Finance ($ROE). Keep reading to see what experts have to say about these tokens.
AI tokens are the talk of the crypto industry in 2024, and new DeFi projects like Borroe Finance are setting the pace. Borroe Finance is an innovative AI-based web3 project that aims to bridge the short-term liquidity gap in the crypto industry. As a decentralized fundraising marketplace, this platform allows web3 businesses to enjoy access to instant funding by selling their future royalties at discounted prices.
Aside from access to quick cash, Borroe Finance users enjoy low risk investment, low transaction fees, total cost transparency and a simple fee structure. As a beginner cryptocurrency investor, you should invest in $ROE to stay ahead of the curve in 2024. $ROE is the native token of Borroe Finance, and savvy crypto traders have accumulated $3.1 million worth of $ROE tokens in less than four presale stages.
Currently, $ROE's fourth presale stage is over 94% complete, and the token is selling for $0.019. When all presale stages end, $ROE will list on the best crypto exchanges and trade for $0.040. Due to this predetermined bullish price movement, early $ROE investors will get a massive 110.5% return on their early investments.
On November 16, 2021, Ethereum (the world's largest altcoin) traded at an all-time high (ATH) of $4,891. In 2024, crypto analysts say that Ethereum may reach and exceed this milestone due to unique ecosystem activities. For one, Ethereum will implement the third phase of its comprehensive network upgrade on March 13. This Dencun Mainnet Upgrade will reduce transaction wait time and significantly cut gas fees.
These on-chain problems have limited Ethereum's functionality since its inception, and solving them will attract more investors to ERC20 coins. Furthermore, Bloomberg recently disclosed that the United States Securities and Exchange Commission (US SEC) may approve Ether Spot ETFs before the end of the year. The SEC approved Bitcoin Spot ETFs on January 10, and crypto experts believe Ethereum is the next in line.
As a result of all the excitement in the Ethereum ecosystem, ETH almost broke through the $4,000 resistance level in the first week of March. On March 2, ETH traded for $3,421. A week later, ETH gained 14.22% and traded for $3,908. According to crypto analysts, ETH is one of the best cryptos to invest in this quarter, and the token will likely set a new ATH of $5,000 before the end of the year.
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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.