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Hot cryptos in the market are still on the hunt. There have been several coins showing excellent potential, such as Borroe Finance ($ROE), Immutable (IMX), and Cosmos (ATOM). Among them, $ROE possesses great potential as its presale performance has been historic. Let's learn why traders are scooping $ROE instead of these top altcoins.
Borroe Finance presale has been making headlines in the crypto sphere. The potentiality of Borroe Finance for exponential growth has become a focal point among traders and investors for $ROE's massive market adoption. That's why this blockchain ICO has already raised over $3.6 million in funding.
As Borroe Finance is advancing its the final stage of its presale, $ROE is priced attractively at $0.020. At this stage, 63.51% $ROE tokens are already sold. Investors need to hurry up in order not to trigger fear of missing out. Additionally, $ROE will offer another 25% profit once $ROE gets listed on major exchanges at $0.025.
Borroe Finance is an innovative AI-powered NFT funding marketplace. This project empowers businesses to tokenize their future earnings or revenues through tradable NFTs.
What's even more interesting about Borroe Finance is that this innovative project leverages the power of AI, smart contracts, and blockchain technology. For this reason, crypto experts say Borroe Finance is a revolutionary force in crowdfunding.
Immutable has positioned itself as one of the top crypto coins. With an excellent positive momentum since the end of 2023, Immutable ticked 2024's high of $3.63 in mid-March. Yet, IMX was significantly down by 60% from its ATH of $9.52.
However, coming to the start of April, IMX fell to $2.70. This has marked a 25% drop for IMX from 2024's high. Besides, Immutable has recorded over 155% growth over the past year. Moreover, Immutable was ranked 31st globally in terms of crypto market cap.
Despite the recent downtrend, IMX paints a compelling picture for investors. IMX was also trading well above the 200-day SMA. Additionally, the 14-day RSI at 65 showed a bullish stance for IMX.
Therefore, technical analysis revealed upward momentum for IMX as it nears price resistance. Experts say if Immutable breaks resistance, IMX will climb to $3.35 in the coming months.
Cosmos has experienced bearish influence for quite a long time. The volatility has led ATOM's price to highs and lows. Just after triggering a bounce back in March 2024, ATOM has again started trading in red candles. In fact, Cosmos made an excellent uphill climb to $14.20 at the start of March but fell back to $10.90 at the start of July.
With this drop, ATOM has registered a 23% fall between the time frames. However, the bulls were trying their best to attempt to break out from ATOM's current level. ATOM was facing price resistance at $12.20. Experts say this critical resistance will decide ATOM's upcoming price trajectory.
On the other hand, technical analysis displayed the dominance of bears. The MACD indicator was printing in negative territory, signifying a downtrend momentum for ATOM.
However, crypto news reveals that the future long-term outlook for Cosmos will be promising. ATOM might pave its path to $15.50 by the end of 2024.
Learn more about Borroe Finance ($ROE) 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.
