Recently, the Litecoin (LTC) network hit new success milestones, and experts are betting on LTC to succeed. However, the token is currently stable, and savvy investors are backing a new crypto token in Q1 2024. Borroe Finance ($ROE) plans to decentralize web3 fundraising, and analysts are now researching the project’s viability. Keep reading to see what investors think about these tokens.
$ROE: Powering an AI-powered Fundraising Marketplace
According to web3 experts, blockchain has a solution to every problem if we look hard enough. However, one issue that has consistently bothered the web3 industry is how to finance short-term liquidity gaps. Traditional financial institutions hardly fund web3 companies because of the volatility in the industry. Therefore, smart blockchain developers created an innovative blockchain-based fundraising platform called Borroe Finance.
Borroe Finance is the world’s first web3 blockchain invoice discounting NFT marketplace. As a decentralized fundraising marketplace, this platform allows web3 businesses to access flash loans by selling future earnings to supportive communities at discounted prices. This blockchain fundraising solution attracted savvy investors in the second half of 2023, and Borroe Finance has raised over $2.7 million in four presale stages.
$ROE’s fourth presale stage is over 86% complete, and the token is selling for $0.019. After all presale stages conclude, $ROE will be listed on major crypto exchanges and traded for $0.040. According to crypto analysts, $ROE’s bullish price movement will result in a massive 110.5% ROI for early investors. Furthermore, experts believe $ROE will record a quick market adoption and trade for $0.190 by the end of the year.
LTC Ranges Despite Impressive Network Performance
So far, 2024 has been a fantastic year for Litecoin in terms of its blockchain performance. For one, Litecoin reported that it has processed over 16 million transactions from its launch till January 25. Additionally, the Litecoin team also revealed that the network has not been down in its 12-year history. With 100% uptime and billions of dollars in transactions, Litecoin ranks itself as the world’s largest Scrypt-based blockchain.
Furthermore, Litecoin also integrated MWEB on BasicSwap DEX (a privacy-focused CrossFi blockchain) on February 2. According to crypto experts, users can now transfer and convert balances between MWEB and other standard types within the DEX (Decentralized Exchange). As a result of these positive ecosystem developments, Litecoin managed to retain miner interest with about 88.3% of the total LTC supply already mined.
Even though Litecoin is enjoying a stellar network record in 2024, LTC remained bearish in the first week of February. On February 1, LTC traded for $69.50. A week later, LTC lost 2.01% and sold for $67.94. According to crypto experts, LTC will likely experience a price surge in the next few weeks, thanks to the upcoming BTC halving. As a fork of Bitcoin, LTC may eventually go on a massive bull run and trade for $89.50 by May.
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