Top altcoins like Dogecoin (DOGE) and Monero (XMR) made their early investors crypto millionaires. However, analysts doubt if these tokens can repeat that feat. Historically, a crypto investor can only record a 9,000% ROI by investing in a hot new token with massive potential. Today, that high-potential token is BorroeFinance ($ROE). Keep reading to see expert forecasts and opinions for these tokens.
Crypto Experts Predict DOGE Surge in Q4 2023
On December 5, Crypto Capital Venture, one of YouTube’s best cryptocurrency platforms, predicted a major bullish breakout for Dogecoin. According to the video, 65% of Dogecoin wallet addresses are in profit. Additionally, over 50,000 new crypto wallet addresses bought Dogecoin in November, indicating a significant growth in investor interest.
In other news, Dogecoin’s Billy Markus recently trolled Ex-FTX chairman SBF on December 4 over a weird plan. According to Billy, SBF planned to ‘buy the island of Narau for himself and his EA friends and make a giant bunker in case the world ended.’ Dogecoin stayed bullish in Q4 2023, and DOGE gained 20.07% in the first week of December.
On November 29, DOGE traded at $0.08095; by December 6, DOGE surged and sold for $0.09727. Dogecoin recently broke through the 1.3 million daily transactions benchmark again, and experts believe DOGE is gaining exponentially due to growing investor interest. As a result, we might see the token trade for $0.1850 by Q1 2024.
$ROE Promises to Deliver Massive ROI to Early Investors in 2024
BorroeFinance ($ROE) is the world’s first web3 blockchain invoice discounting NFT marketplace. This decentralized AI-powered fundraising platform allows web3 businesses to raise instant cash by minting their future subscriptions, royalties, invoices, and other income into trending NFTs and selling them to supportive communities at discounted prices.
Unlike Monero, BorroeFinance aims to prevent any exploits on its platform. As a result, BlockAudit tested the platform and verified it, meaning BorroeFinance is entirely safe from cyberattacks. Furthermore, BorroeFinance recently released its smart contract address to the public, and experts say this move is good for transparency.
Currently, $ROE is at its third presale stage, and the token is selling for $0.0175. After all presale stages conclude, $ROE will hit the mainstream crypto market and sell for $0.040.
Analysts say this $ROE price movement will result in a massive ROI for early investors. Furthermore, experts predict a speedy market adoption for $ROE, which means the token will likely trade for $0.175 in late 2024.
XMR Stays Strong Weeks After Security Breach
On November 2, a top Monero developer, Luigi, disclosed that hackers successfully exploited a Monero Community Crowdfunding System (CCS) wallet containing 2,675.73 XMR tokens. At the time, these Monero tokens were worth $460,000 and Luigi said the source of the breach is yet to be identified.
Another Monero developer, Ricardo Spagni, added that the attack is ‘unconscionable’ because the attackers took contributors’ funds for basic life needs like food and rent. For context, only Luigi and Spagni had access to the Monero CCS wallet, and the duo are still trying to recover the tokens.
Despite this negative ecosystem development, XMR ranged in November and eventually gained 3.95%. On November 6, XMR sold for $166. Exactly one month later, XMR traded at $173. According to experts, investors are skeptical about investing in Monero due to the security breach, and XMR may likely range between $160 and $175 till February 2024.
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