Avalanche (AVAX) and Chainlink (LINK) have great plans for their ecosystem in 2024. While Avalanche plans to increase resources for creatives within its network, Chainlink is laying the road map for RWAs tokenization by 2030. However, AVAX and LINK recorded bearish price movements in late February, and savvy investors shifted their focus to Borroe Finance ($ROE). Keep reading to see what experts think about these tokens.
AVAX Dips Amid New Ecosystem Partnership
On February 22, Tenzro (a web3 application development platform) launched an AI-powered content mainnet for Avalanche creatives. According to reports, multiple dapps (decentralized applications) are set to launch on Tenzro, and the platform will soon become a full-stack resource center where Avalanche creatives can maximize their craft. Some crypto experts say this new platform will help bridge the gap between web3 and art.
Despite this positive ecosystem development, AVAX recorded a price dip in the last week of February. On February 18, AVAX traded for $40.00. A week later, AVAX lost 7.91% and sold for $36.85. According to crypto experts, the Avalanche bridge will likely record massive network activity in the next few weeks due to the upcoming BTC halving in April. As a result, AVAX may likely surge and trade for $46.50 by May.
LINK Goes Bearish in Late February
Recently, Chainlink has taken center stage in advocating for real-world asset tokenization. According to Niki Ariyasinghe (Head of Business Development for Chainlink labs in Asia-Pacific and Middle East), $10 trillion of real-world assets will be tokenized by 2030. The blockchain expert also said institutions like Chainlink and other leading DeFi companies are pushing tokenization forward by providing network infrastructure.
Even though experts are optimistic about Chainlink’s future, LINK recorded a minor price dip in late February. On February 18, LINK traded for $19.90. Seven days later, LINK lost 5.73% and traded for $18.76. According to crypto analysts, Chainlink’s plan to dominate RWAs tokenization will attract savvy investors in the coming months and LINK could trade for $25.60 before the end of the year.
$ROE Investors Raise Over $3 Million for the Platform in Four Presale Stages
If you are looking to invest in a fast-growing crypto token in early 2024, consider Borroe Finance. Borroe Finance is the world’s first AI-powered fundraising marketplace that allows web3 businesses to mint their future income into trending NFTs and sell them to supportive communities at a discount. For context, Borroe Finance ran through four presale stages in eight months, and investors raised over $3 million for the platform.
Currently, $ROE is in its fourth presale stage, and the token is selling for $0.019. At the end of all presale stages, $ROE will list the best crypto exchanges and sell for $0.040. As a result of this bullish price movement, $ROE will deliver a massive 110.5% ROI to early investors in 2024. Furthermore, experts believe $ROE will enjoy quick market adoption and trade for $0.190 before the end of the year.
Learn more about Borroe Finance here:
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