The latest signals from the crypto market indicate strong growth potential despite the recent regulatory uncertainty. Cardano’s (ADA) network is on a high while PEPE is facing tough competition from Shiba Inu. However, both tokens are still expected to make the list of the best cryptos to invest in.
Interestingly, the biggest competition Cardano (ADA) and Pepe (PEPE) holders expect to face is from Borroe ($ROE) – a Polygon-powered fundraising platform that is quickly becoming one of the best new ICOs. Should investors be so bullish on Borroe ($ROE)?
Let’s find out.
Cardano (ADA) Holders Expect A Bullish Run Due To Strong Network Metrics
Cardano’s (ADA) network activity has been rising steadily in the past few months. Its transaction count increased by 49% in Q2 2023. Its staking activity was also on a sharp increase. In addition, the Total Value Locked (TVL) in Cardano’s (ADA) smart contracts increased by 250% by August 15.
The rise in Cardano’s (ADA) network activity was largely inspired by upgrades to its main network in Q2, 2023. However, Cardano (ADA) also faced issues like regulatory troubles from the SEC after being labeled a “financial security.” The SEC’s move led to Cardano (ADA) being delisted from a few crypto exchanges.
Cardano’s (ADA) price has remained volatile, falling by 12.9% since the end of July. It is trading at $0.27, but ADA holders hope its strong network performance will propel a bullish run in the coming weeks.
Shiba Inu (SHIB) Leads the Battle To Dethrone Pepe (PEPE)
Pepe (PEPE) made headlines in April for having one of the strongest market rallies, especially for a meme coin. Its market capitalization had surpassed $1 billion by May 6 as positive sentiment towards meme coins skyrocketed.
After a few months, PEPE has fallen considerably, and tokens like SHIB and DOGE are suspected to be behind its drop. Being one of the most popular meme coins, Shiba Inu put on a resilient fight to challenge Pepe’s dominance. Following its recent token burn in July, many investors increased their SHIB holdings.
Pepe (PEPE) is expected to drop further due to Shiba Inu’s (SHIB) recent bullishness.
Borroe ($ROE) Finance: Connecting Capital Markets to Web 3 Businesses
Borroe ($ROE) is a crypto financial service provider specializing in easy and smooth access to working capital for blockchain companies and web 3.0-based brands. The platform that uses AI and NFT technology to simplify the process of business fundraising.
It works by allowing companies to take loans against their future recurring revenue. Borroe ($ROE) handles all the necessary risk management on behalf of investors, thus allowing them to find low-risk opportunities with high profit potential.
When users offer to sell their future invoices, Borroe ($ROE) notifies interested buyers across its platforms. Moreover, Borroe ($ROE) allows users to customize their fundraising agreements to suit their company’s needs.
Borroe ($ROE) is leveraging the rapid growth of the Web3 industry. It was launched with lots of excitement, especially after its price rose by 25% when it entered Stage 1 of its public presale. Borroe ($ROE) is expected to rise further from the current $0.0125 to $0.0150 by Stage 2, a total 50% ROI, thus making it one of the top crypto coins to buy now.
Learn more about Borroe ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
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