As Avalanche (AVAX) announced guidelines for purchasing meme coins, investors are compelled toward two emerging cryptos – Borroe Finance ($ROE) and Astar (ASTR). Moreover, Astar has recently hit a landmark on its network. But will $ROE surpass AVAX and ASTR for potential growth? Let’s have a look at these best DeFi coins.
Avalanche Foundation Defines Guidelines for Meme Coin Acquisitions
If anyone is willing to acquire a meme coin on the Avalanche blockchain, they will now have to follow special guidelines. Recognizing the nature of meme coins, the Avalanche Foundation outlined rules for purchasing meme coins on the Avalanche blockchain on January 23, 2024.
Besides that, Avalanche has showcased intense bearish momentum since the start of January 2024. After peaking at $48.32 at December’s end, AVAX has seen a continuous downfall. On January 23, AVAX was trading around $29.20, marking over 39% dip since its high. This AVAX downtick has fueled concerns among investors.
With weakening bulls’ momentum, AVAX has fallen below its critical level at $31.10. This made AVAX trade sideways in a range between $27.35 and $30.70. Also, there is a dip in Avalanche’s RSI level towards neutral, signifying a bearish influence.
Therefore, the market analysts anticipate a negative outlook for AVAX. They reveal that if Avalanche’s bears overpowered the bull, AVAX would lose momentum and drop to $23.95. Consequently, investors are being attracted to the emerging DeFi sensation, $ROE over AVAX.
Borroe Finance Is the Rising DeFi Sensation
Ruling in the hearts of investors, Borroe Finance ($ROE) has emerged as a game-changer in the DeFi realms. Borroe Finance is not just about blending traditional financial systems with blockchain rather, it’s a disrupting force to revamp the entire financial system.
What makes Borroe Finance more appealing? Indeed, it’s an innovative approach to the crowdfunding platform that deploys revolutionary AI, NFT, and blockchain. Additionally, Borroe Finance makes use of technologies like CrossFi and Oracles to ensure enhanced security in users’ transactions.
So far, Borroe Finance has already sold more than 225 million $ROE tokens, making $ROE one of the most viral token launches. Currently, $ROE is selling at $0.0190 at Stage 4. The $ROE price is poised to surge to $0.0400 by the end of the presale. Embarking on $ROE will now offer investors an 110.5% ROI.
Considering its price trajectory, its thrilling journey awaits everyone seeking lucrative investment. For this reason, experts are boasting $ROE as one of the best coins to invest in right now.
Astar Achieves Historic Network Milestone
Astar has made a groundbreaking achievement after making significant growth on its network. On January 18, 2023, Astar injected a feeling of positivity into its enthusiasts, announcing on social media X. Moreover, Astar Network revealed that it has reached 650,00 ASTR holders, with more than 3.4 billion ASTR staked to projects.
To complement Astar’s incredible milestone, ASTR took a huge leap from $0.16 to $0.19. This growth made ASTR one of the best-performing altcoins. However, Astar’s positive rally was short-lived. There was a lack of momentum for ASTR.
Moreover, ASTR formed weak candles over the daily price chart. Hence, ASTR plunged back again to $0.16 on January 23, marking a 15.78% drop.
Looking at the bigger picture, Astar’s price still formed a bullish trajectory above all the key EMAs. The Astar price prediction still looks optimistic. Experts speculate that ASTR might advance to a high of $0.28.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
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