As the crypto market prevails undeterred despite Binance recently being slapped with a $4.3 billion fine by the United States Department of Justice (DOJ), these coins continue to set the ball rolling:
1. BorroeFinance ($ROE)
To onboard more Web3 players, BorroeFinance ($ROE) has gone a notch higher by incorporating futuristic tech into the revenue financing process.
As one of the top DeFi coins, BorroeFinance is changing stakes in Web3 by enabling various participants, such as artists and content creators, get upfront cash to fund their projects.
This happens in an innovative way because their future earnings are minted as non-fungible tokens (NFTs), which are then sold on BorroeFinance’s marketplace, enabling the Web3 businesses to get instant cash.
With BorroeFinance crafting a name for itself on the decentralized cryptocurrency list, its governance token called $ROE is making waves based on heightened investor interest.
For instance, more than 161 $ROE tokens have been bought at the presale, illustrating that it’s one of the best coins to invest in. Therefore, BorroeFinance is one of the coins to watch based on its quest to change odds in the Web3 sector.
2. XRP
XRP remains one of the altcoins to watch based on impressive on-chain metrics. For instance, through its parent company Ripple, XRP is seen as a stepping stone toward tackling worldwide payment issues.
This is based on the cross-border payment solutions being rendered, with some pundits claiming that they will be better than the present SWIFT system, which is used globally by banks to transfer funds.
With experts speculating that it was a matter of when not if XRP would breach the psychological price of $1.00, the fifth largest cryptocurrency continues to paint a bullish picture, given that its trading above the 50-day EMA.
3. Solana (SOL)
Solana continues to be one of the top altcoins to be reckoned with this year on the foundation of an impressive run that has seen the sixth largest cryptocurrency outperform the likes of Ethereum (ETH) and Bitcoin (BTC).
SOL is scaling heights, given it is currently trading at highs of $64.00. Solana was up by 9.2% in the past week to hit $64.06 at the time of writing, according to CoinGecko data.
With the MACD trend indicator being bullish, Solana seems destined for unprecedented heights as illustrated by the SOL/USDT pair.
Source: TradingView
4. Illuvium (ILV)
Given that gaming is an essential part of the crypto ecosystem, Illuvium is emerging as a significant player in this sector.
The future looks bright for ILV, given that it has been trading above the $100 range after recently breaching this zone.
As a result, Illuvium is eyeing the $400 price level as it continues to trade above the 50-day EMA.
Source: TradingView
5. Shiba Inu (SHIB)
As the Shiba Inu network continues to experience notable developments like the Shibarium launch, the cryptocurrency is making a name for itself in the memecoin sector.
SHIB has also been recording an impressive burn rate, which is impressive because supply is continuously slashed.
As a result, SHIB is a stone’s throw away from the psychological price of $0.00001 based on its current $0.0000085 level.
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