As Avalanche (AVAX) saw a price dip amid the token unlocking event, Solana (SOL) saw a drop in NFT sales. However, with AVAX and SOL’s growing volatility, Borroe Finance ($ROE) has emerged as a beacon of hope for growth-seeking investors. $ROE has promised investors with outstanding guaranteed returns. Let’s find out more about these top altcoins.
Avalanche Dips Amid Token Unlocking Event
As Avalanche was all set to token unlocking events, AVAX has shown a downturn in the market. Moreover, Avalanche has scheduled its unlocking event on February 22, releasing 9.5 million AVAX tokens worth $365 million into circulation.
Moreover, this unlock makes a 2.6% increase to the total AVAX supply, potentially diluting its value. Likewise, AVAX had seen a huge downfall last week, dropping its price from $43.00 to $36.00. This has marked a 16.27% drop for AVAX.
As of February 22, AVAX was trading at around $37.00. AVAX’s recent downtrend in the market coincides with the Avalanche token unlocking event.
Analyzing Avalanche’s technical analysis, there has been a display of negative sentiment. However, analysts claim that Avalanche’s downhill will only be short-term. Looking at Avalanche’s overall performance, it’s fair to say that the potential for a new rise is always possible.
Nevertheless, bearish experts say that if Avalanche fails to maintain the $37.00 support level, AVAX might fall below the $34.00 level. For this reason, investors look for $ROE for its growing stability and growth.
Solana NFT Sales Dropped
On February 22, Solana NFT sales witnessed a massive drop in its trade volume. Surprisingly, Solana NFT trade volume has plunged by 44%, bringing it down to $712,096 in just one day. As a result, Solana is now ranked #6 in NFT trade volume.
Zooming into the bigger picture, Solana’s NFT trade volume has plummeted by 32.5% over the past month. In contrast, SOL crypto has experienced an impressive surge. SOL has recorded over 22% increase in its price over the past month. As of February 22, SOL was trading at around $106. Despite surging in the monthly chart, SOL saw a dip over the past seven days by 8.25%. This aligned with Solana’s NFT sales drop.
Conversely, technical indicators show an optimistic trend for Solana. SOL’s MACD also prompted a bullish outlook. However, SOL’s resistance looms near the upper trend line, positioned above $110. Experts say if Solana successfully breaks above resistance, SOL could pave its way to $120. This prediction makes SOL a good crypto to buy.
Borroe Finance: The Epitome of Stability and Growth
As Avalanche and Solana experience volatility, investors are gearing up toward Borroe Finance for its great potential for resilience and exponential growth. As one of the new DeFi projects, Borroe Finance is built on the Polygon blockchain. Moreover, the success story of Borroe Finance throughout its presale has triggered a fear of missing out for investors.
Before discussing $ROE’s price dynamics, let’s talk about Borroe Finance’s innovative platform, which promotes an AI-driven NFT funding marketplace. In addition, Borroe Finance helps Web3 players swiftly generate cash through its discounted invoice NFT marketplace.
Not only that, investors trust Borroe Finance for its impeccable power of leveraging AI, blockchain, and smart contracts for a smooth fundraising process. Moreover, Borroe Finance aims to solve the liquidity pool and flash loans problem which was dominant in traditional financing.
Regardless of $ROE’s unavailability in DEX (decentralized exchange), investors can get this token in presale. Currently, $ROE is in Stage 4 of its presale. $ROE is priced attractively at $0.019.This is a golden opportunity to get on board with $ROE’s presale. For instance, if investors get $ROE now, they can accumulate a remarkable 110.5% ROI.
Learn more about Borroe Finance ($ROE) here: Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
