Near Protocol (NEAR) and dYdX (DYDX) are currently making plans for 2024. While Near Protocol plans to grow through aggressive publicity, dYdX is focused on increasing its network capacity. On the other hand, investors are focused on a new hot token called Borroe Finance ($ROE). Borroe Finance plans to decentralize web3 fundraising and deliver a massive ROI in 2024. Keep reading to see what experts think about these tokens.
Borroe Finance Attracts Savvy Investors with Web3 Fundraising Utility
Recent data shows that most web3 businesses fail due to liquidity shortages. Traditional financial institutions hardly fund new DeFi projects because of the volatile nature of the crypto industry. To fix this problem, developers created a finance-sourcing platform called Borroe Finance. Borroe Finance is an AI-powered web3 fundraising marketplace that allows web3 businesses to access flash loans by selling future income at a discount.
$ROE’s fourth presale stage is over 91% complete, and the token is selling for $0.019. After all presale stages conclude, $ROE will hit the mainstream crypto markets and trade for $0.040. As a result of this bullish $ROE price movement, early $ROE investors will get a massive 110.5% ROI on their initial investments.
Near Protocol Executive Prepares for Asian Conference
On March 27, Illia Polosukhin (co-founder of Near Protocol) will speak at the BUIDL Asia 2024 blockchain conference at Signiel Hotel in Seoul, South Korea. Interestingly, the Near Protocol founder has spoken at this event for three consecutive years. In other news, Near Protocol is also headed to the ETH Denver Conference, and the protocol will join other top DeFi projects to chart the course of the crypto industry.
As a result of these upcoming summits, NEAR surged in the last week of February. On February 20, NEAR traded for $3.27. A week later, NEAR gained 21% and traded for $3.95. According to crypto analysts, NEAR Protocol will enjoy increased publicity from these events, and investors may decide to add NEAR to their Q2 2024 portfolio. Therefore, experts predict that NEAR will likely trade for $5.10 by the end of March.
dYdX Releases 2024 Development Roadmap
On February 5, dYdX (DYDX) released its 2024 Network Development Roadmap. According to the roadmap, the DEX (decentralized exchange) will deliver permissionless markets, enhanced user experience, and core trading improvements in 2024. dYdX will allow users to list and market tokens, gain access to liquidity pools, and trade cross and isolated margins. Also, users will now enjoy easier onboarding, better pop-up alerts, and social features.
Thanks to positive ecosystem plans, dYdX recorded a double-digit price surge in late February. On February 20, DYDX traded for $3.05. A week later, DYDX surged to 13.47% and traded for $3.46. According to crypto analysts, due to the upcoming BTC halving, dYdX will record increased network activity on its exchange in the next few weeks. As a result, DYDX may likely surge and trade for $3.90 by May.
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