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Amidst the prevailing crypto market, Polygon (MATIC) and Ordi (ORDI) have witnessed a downward momentum. Meanwhile, Borroe Finance ($ROE) has already raised over $2.7 million for its ever-praising AI-powered NFT funding marketplace. Will $ROE offer 10x returns in the future? Let's explore these best DeFi coins.
Given that DeFi is one of the major focal points in the crypto space, Borroe Finance has stirred investors' interest as one of the best DeFi projects. The ongoing presale has signified growing acceptance and mainstream attention towards Borroe Finance and its governance tokens, $ROE.
Through its innovative approach to crowdfunding, Borroe Finance provides instant solutions to traditional financing systems. On top of that, Borroe Finance deploys cutting-edge technologies like AI, NFT, smart contracts, and blockchain that provide a straightforward fundraising process.
What's even more interesting about Borroe Finance is that it fosters a peer-to-peer ecosystem where Web3 players can get instant cash flow by trading discounted invoice NFTs on the secondary markets.
Right now, $ROE is Stage 4 of its presale. Investors can get $ROE at $0.019. However, there is more potential action in $ROE. With its upward trajectory, $ROE has become the experts' choice for one of the best cryptos to buy. By the presale conclusion, $ROE will hike to $0.040.
However, the real gains lie after the launch of $ROE. Market analysts anticipate that $ROE could potentially spur a 10x surge in investment.
Despite Polygon Labs' announcement regarding the Etrog Upgrade, MATIC's price remained relatively unchanged. This upgrade for Polygon zkEVM was scheduled for the first week of February 2024. Once the upgrade is live in the mainnet, Polygon zkEVM will likely be the first ZK rollup to hit this milestone.
Besides, MATIC has been witnessing a bearish trend since mid-February 2023. Yet, the Polygon network had an influx of 15 million new users. As of February 2024, MATIC was trading at around $0.78, representing a 48.68% fall between the time frames. However, MATIC was still trading above 200-day EMA.
In Polygon's recent technical analysis, MATIC showed mixed sentiment. However, the RSI for Polygon stood at 47, prompting a neutral stance for MATIC. According to experts, if Polygon holds its support level, MATIC will find the next resistance at $0.81 by the end of Q1 of 2024. However, investors are attracted to $ROE over MATIC for higher returns.
As Ordi faces a downtick in the market, ORDI has fallen below the $60 mark. This drop in ORDI price has ignited growing concern surrounding its community. For the first time since December 2023, ORDI has plunged to $60.00.
The month of February 2024 has weakened the momentum of Ordi's price trend. As of the first week of February, ORDI was trading at around $53.00, marking a 36.14% dip since January's high of around $83.00.
Additionally, the technical indicators also indicated bearish momentum. The ORDI's RSI level significantly dropped, suggesting oversold territory. Moreover, ORDI's MACD showed a bearish crossover. Therefore, the overall sentiment is negative.
Experts say ORDI will drop more if investors continue selling. They reveal that ORDI will fall below the $50.00 mark in the Q1 of 2024. That's why investors are attracted to a new blockchain ICO, $ROE, for substantial profits.
Learn more about Borroe Finance ($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.
