As one of the top altcoins in the crypto industry, Avalanche (AVAX) is receiving a lot of attention from crypto investors. However, these investors are not happy with Avalanche’s plan to invest in meme coins, and AVAX lost its bullish momentum in late 2023. Right now, savvy investors are turning to a hot new DeFi token called Borrow Finance ($ROE) for a massive ROI in 2024. Keep reading to see what investors think about these tokens.
AVAX Dives Amid Coin Fever
On December 29, the Avalanche Foundation spoke about its Culture Catalyst program and proposed plans for the future. This $100 million blockchain investment program was established in 2022 and focused specifically on gas tokens, real-world tokenized assets, new DeFi projects, governance tokens, and stablecoins. In the future, the Avalanche Foundation plans to start investing heavily in Avalanche-based meme coins.
Crypto experts say this plan will help Avalanche diversify its investment portfolio and take advantage of the rapid growth of meme coins in its ecosystem. Additionally, the factors determining the selection process of these meme coins were revealed during the announcement. The Avalanche Foundation will focus on even coins with many holders, high liquidity thresholds, popular sentiment on social media, and project maturity, among other factors.
AVAX investors left the market in early 2024 despite this positive news about the ecosystem. On December 25, AVAX was trading at $47.83. AVAX lost 16.51% a week later and was trading at $40.06 in the new year. According to experts, AVAX investors were not in agreement to invest blockchain funds in volatile coins, and the downtrend may continue in the coming weeks. Therefore, AVAX may trade between $30.00 and $43.00 in Q1 2024.
Borroe Finance closes its third pre-sale stage after raising $2.29 million
If you are looking for the best crypto investments in 2024, make sure Borroe Finance is on the list. Borroe Finance is an AI-powered finance marketplace designed to help Web3 content creators and businesses generate instant cash by selling future revenue. Thanks to Borroe Finance, Web3 businesses can now turn their future subscriptions, royalties and invoices into NFTs and sell them to supportive communities.
Buyers purchase these trending NFTs at discounted prices and can trade them in peer-to-peer ecosystems on secondary markets. According to crypto experts, Borroe Finance’s end goal is to fill the short-term liquidity gap in the blockchain sector. Savvy investors predicted that Borroe Finance would be a huge success and raised over $2.29 million for the platform in its first three pre-sale stages.
Currently, $ROE is selling at $0.0175 in its third presale stage, which is almost complete. Once all pre-sale steps are completed, $ROE will hit major crypto exchanges and sell for $0.04. Analysts claim that this price movement of $ROE will generate a massive 128.6% ROE to early investors in $ROE in 2024. Furthermore, $ROE will likely increase and trade at 0.1750 $ by the end of the year, thanks to anticipated rapid market adoption.
Learn more about Borroe Finance here: