Chainlink (LINK) has announced the mainnet beta release of Chainlink functions on Arbitrum One, whereas Avalanche (AVAX) embraces support for meme coins culture. Yet, LINK and AVAX are losing investors’ interest.
However, Borroe Finance ($ROE) continues to grow in its presale stage. $ROE guarantees investors outstanding gains. Let’s learn more about top DeFi coins.
Chainlink Announces Mainnet Beta Release
On January 25, 2024, Chainlink unveiled the mainnet beta release of Chainlink functions on the optimistic rollup chain Arbitrum One. With this groundbreaking integration, developers can connect their dApp (Decentralized Application) to any APIs.
Besides, Chainlink has been witnessing a bearish trend since the start of 2024. Following the market downturn, Chainlink halted when LINK’s price failed to sustain the high of $17.49. Then, LINK triggered a reversal of the direction, prompting a downtrend and finding the support at $11.59. As of January 26, LINK was trading at $13.84, representing a 20.86% dip between the time frames.
Moreover, Chainlink’s technical analysis shows that bearish pressure caused LINK to trade below its 20-day MA. Also, LINK’s RSI dropped to 43.15, which points to selling pressure.
Experts say this bearish pressure could push LINK to new lows. If Chainlink fails to gain momentum, LINK might drop to $11.45. Therefore, Chainlink’s investors should avoid fear of missing out.
Avalanche Foundation Reveals $100 Million Fund To Buy Meme Coins
With a step to embrace the memecoins culture, the Avalanche Foundation announced a $100 million fund dedicated to supporting community-driven meme coins on January 23, 2024. However, the Avalanche Foundation will use the Culture Catalyst Program to deploy capital into select meme coins that meet eligibility criteria.
Looking at Avalanche’s price trend, AVAX has been facing intense bearish momentum. However, AVAX made a short comeback after the Avalanche Foundation trailblazing announcement. On January 23, AVAX stood at $27.40. Following the Avalanche’s announcement, AVAX surged to $30.73 on January 26, a 12.15% rise between the time frames.
Yet, AVAX was still down 36.40% from its December highs. The Avalanche’s RSI was also falling smoothly below 50, which signifies losing momentum for AVAX. However, technicals suggest AVAX will go through a corrective pattern with bullish sentiments. Crypto analysts anticipate AVAX to reach $35.50 once Avalanche gains momentum.
Borroe Finance Offers Incredible Returns
In the world of DeFi, Borroe Finance, one of the new DeFi projects, has impressed investors worldwide. With its real-world utilities and mouth-watering returns, Borroe Finance has dominated the market, defying all the odds.
In its fourth presale stage, Borroe Finance has successfully amassed over $2.7 million, selling over 227 million $ROE. Currently, $ROE is priced at $0.0190. But, $ROE’s lucrative journey is not over. Once Borroe Finance reaches its final presale stage, $ROE will reach $0.0400, a 300% ROI for initial investors.
There’s more to Borroe Finance than just its impressive presale. Borroe Finance is an AI-powered NFT funding marketplace where Web3 players raise funds by minting trending NFTs representing their future earnings. Those NFTs can be sold at a discounted rate in the secondary market.
Moreover, Borroe Finance blends a unique combination of cutting-edge technologies like AI, NFT, smart contracts, and blockchain technology into its decentralized financial platform.
Who’s ready to invest in $ROE? Better hurry, as the market’s burgeoning growth shows no signs of waning. That’s why investors deem $ROE as one of the best crypto investment choices for 2024.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
