The trio: Solana (SOL), Jupiter (JUP), and Borroe Finance ($ROE) are expected to return great profits in the crypto world. While Solana witnesses huge increments in wallet addresses, Jupiter is heading toward its ATH. Meanwhile, Borroe Finance is running riot among new ICOs. Let’s explore more about these top altcoins.
Solana Witnesses Huge Rise In Active Wallets
Solana had around 500 thousand active wallets in Q1 2024. At the start of Q2, Solana has around 1.4 million active wallets. The Solana ecosystem is excited after this crypto news. Experts predict active SOL wallets will cross 2 million by Q3.
In early April, Solana was trading around $190 as one of the top 5 cryptocurrencies by crypto market cap. Analysts say Solana is in bullish momentum with great support at $180. However, SOL is facing resistance at $200.
Experts reveal there is a strong buying force in SOL. So, SOL will rise towards $220 if it breaks past the resistance. If the bullish momentum sustains, SOL will trade around $250 by mid-2024. SOL is expected to trade over $300 by the end of 2024.
Yet, if it fails to hold above the support level, SOL might drop down to $150 by mid-2024. Amid these, experts believe SOL, along with $ROE and JUP, will generate significant returns to investors.
Borroe Finance Leads the Crypto Trio
Borroe Finance is expected to lead the crypto race along with SOL and JUP. This speculation is based on its amazing presale run. Borroe Finance is in the last stage of presale and has already gathered 100% profit for early investors.
Till now, Borroe Finance has already sold over 278 million $ROE tokens and accumulated over $3.6 million in funding. In Stage 5, $ROE is priced at $0.02 per token. $ROE will offer 25% instant profit to current investors by launching at $0.025 in Uniswap, a DEX (decentralized exchange).
In addition, prospective buyers can take advantage of a 15% bonus by using the promo code “WELCOME” during their purchase. Borroe Finance operates on the Polygon network for its low transaction fees, quick transfer times, and robust security of the Ethereum Mainnet.
Moreover, it leverages AI and blockchain to revolutionize the funding process. Experts say $ROE will enhance the liquidity of Web3 businesses by allowing them to sell their future earnings as NFTs in their P2P marketplace. Borroe Finance will launch an AI-powered funding marketplace.
Jupiter Nears Its Previous All-Time High
Jupiter reached its all-time high of $2.04 in late January 2024. Since then, JUP has dropped by over 17%. However, JUP has grown by over 170% in the past month. Investors are amazed at such an amazing performance.
At the start of April, Jupiter was trading around $1.70. Jupiter is trading above its 50-day and 200-day SMAs, which suggests bullish sentiment. Yet, experts say JUP has formed an ascending triangle pattern, creating resistance at $1.80.
One of the main reasons might be that JUP is in an overbought condition and expected to consolidate for a while. Analysts say Jupiter will trade between $1.50 to $1.90 during its consolidation phase.
If JUP maintains its bullish momentum with positive RSI’s movement, it will trade around $2.10 by mid-2024. If Jupiter fails to maintain above the support of $1.70 then, JUP might trade around $1.50 by mid-2024.
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