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A recent crypto industry trend shows investors are slowly moving from meme coins to AI-based tokens. Crypto projects like Fetch.ai (FET) and Borroe Finance ($ROE) attracted massive investors to their ecosystems because of their AI utility. Similarly, Filecoin (FIL) grew significantly thanks to its core data storage feature. Keep reading to see what experts think about these tokens.
Borroe Finance is the world's first web3 blockchain invoice discounting NFT marketplace. As an AI-powered decentralized fundraising platform, Borroe Finance allows web3 businesses to raise instant cash by minting future income into popular NFTs and selling them to supportive communities at discounted prices. To gain the trust of crypto investors, Borroe Finance released its smart contract address to the public a few weeks ago.
As a result, $ROE is now in its fourth presale stage, and the token is selling for $0.019. At the end of all presale stages, $ROE will list the best crypto exchanges and sell for $0.040. According to crypto analysts, this bullish $ROE price movement will result in a massive 110.5% ROI for early investors in 2024. Furthermore, experts predict that $ROE will record quick market adoption and eventually trade for $0.190 by the end of the year.
At 11:00 AM on February 29, Filecoin hosted the FIL Dev Summit in Denver. According to reports, this summit featured some of the crypto industry's best DeFi and blockchain storage experts. Nandit Mehra (CEO of Lighthouse. storage) will unveil the intricate technology that powers Filecoin. At the same time, Dan Mills (Head of Product at Avails) will discuss long-term block storage and Avail's cutting-edge DA blockchain.
As a result of excitement in Filecoin's ecosystem, FIL recorded a double-digit price surge in the last week of February. On February 17, FIL traded at $6.17. A week later, FIL gained 27.49% and traded for $7.87. Filecoin's mass storage utility makes it one of the best crypto investments in 2024 due to the possibility of new web3 partnerships in H1 2024. If these partnerships happen, FIL will likely surge trade for $9.50 by March.
On February 23, CUDOS (a web3 cloud-computing AI-powered platform) announced that it is set to join Fetch.ai and Bosch Global for the Bosch Connected Experience Hackathon in late February. According to reports, this conference will be held from February 26- 28 in Berlin, Germany, and the purpose is to support Fetch.ai in its quest to revolutionize AI agent deployment via an intercloud network.
As a result of Fetch.ai's new ecosystem partnerships, FET recorded a massive double-digit price surge in late February. On February 17, FET traded for $0.76. Seven days later, FET gained 43.16% and sold for $1.06. According to crypto analysts, AI-related tokens are rising, and FET will likely surge ahead of other top altcoins in 2024. If this trend continues, analysts predict that FET will trade for $1.90 by October.
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