In the ever-evolving battle of DeFi, three DeFi projects have been in the spotlight – Borroe Finance ($ROE), Chainlink (LINK), and Polkadot (DOT). However, investors are concerned about which will dominate the upcoming DeFi space. Given its unprecedented presale success, experts speculate that $ROE will lead LINK and DOT in 2024. Let’s find out more about these top DeFi coins.
Borroe Finance: The New DeFi Leader
While investors are always keen on DeFi projects, Borroe Finance is all set to dominate the world of DeFi. Borroe Finance outshines other DeFi projects on the DeFi crypto list through its ever-praising crowdfunding platform.
Since its launch, Borroe Finance has progressed steadily, racking up price hikes and impressive raises – all thanks to its AI-powered NFT-based funding marketplace. Not only that, Borroe Finance excels in an innovative approach to dispel the challenges surrounding the traditional financing system.
Despite just being in presale, investors are already having a fear of missing out. Interestingly, Borroe Finance has already amassed over $2.72 million through $ROE token sales. This is evidence of $ROE being one of the most viral token launches.
Currently, $ROE is in the fourth stage of its presale. Investors looking to add new coins to their portfolio can invest in $ROE at this stage. They can get $ROE just at $0.019. When all the presale stages conclude, $ROE will be released on DEX (decentralized exchange) at $0.040, a 300% jump from the beta stage.
Experts say Borrroe Finance will dominate the DeFi world and become HODL with its excellent real-life utilities and substantial gains.
How Will Chainlink Perform in 2024?
Amidst market volatility, Chainlink strived hard to trade in green candles at the start of 2024. The year 2023 marked excellence in the Chainlink ecosystem, including the launch of CCIP, Data Streams, and Functions. Thus, Chainlink has proven its decentralized protocol and real-world utilities are exceptional.
Besides that, LINK has always become one of the top-performing altcoins. Recently, Chainlink Labs and Protocol Labs announced another groundbreaking partnership to enrich the Chainlink BUILD program. With development forthcoming, LINK has positioned itself as one of the top contenders in the DeFi battle.
Even before all these, LINK has followed upward momentum since September 2023. As of the end of January 2024, LINK was trading at around $15.00, a 114% jump from September’s high. Moreover, in Chainlink’s recent analysis, LINK showcased an intense bullish momentum. Experts say if Chalink surpasses the $18.00 level, LINK will reach $25.00 in 2024.
Yet, some experts foresee $ROE will topple LINK regarding robust performance in 2024.
Will Polkadot Aim For $20?
Given its massive surging potential, Polkadot has become one of the best cryptos to invest in. Polkadot has been riding a bullish wave since the beginning of December 2023. In fact, DOT touched the year’s high of $9.22.
However, Polkadot faced price recorrection at the beginning of January 2024. DOT then found itself in a lengthy consolidation phase, trading between $6.05 and $8.80. As of January’s end, DOT exchanged hands at around $6.95. This DOT price represented a 24% downfall from last year’s high.
Yet, Polkadot analysis shows bullish signals. The Polkadot’s RSI level has climbed. However, DOT has failed to gather overwhelming traction. This signifies that DOT remains vulnerable to bull traps.
Despite that, experts anticipate that if Polkadot gains enough momentum, DOT will soar past $20.00 by the end of 2024.
Learn more about Borroe Finance ($ROE) here:
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