Hedera (HBAR) and Beam (BEAM) made significant ecosystem progress in February. While Hedera plans to launch a stablecoin issuance platform, Beam listed its governance token on Coingecko. On the other hand, investors focused on Borroe Finance ($ROE) because of its groundbreaking web3 fundraising utility. Keep reading to see what experts have to say about these tokens.
$ROE Prepares to Deliver Massive ROI to Savvy Investors in 2024
Instead of investing in big-name cryptos like BTC and ETH, beginner cryptocurrency investors win by accumulating new DeFi projects with high potential. Recently, some savvy investors applied this logic and raised $2.95 million for Borroe Finance. Borroe Finance is an AI-powered fundraising marketplace that allows web3 businesses to raise instant cash by selling future earnings to supportive communities at discounted prices.
Currently, $ROE is in its fourth presale stage, and the token is selling for $0.019. After all presale stages conclude, $ROE will hit the mainstream crypto market and sell for $0.040. According to crypto analysts, this bullish $ROE price movement will result in a massive 110.5% ROI for early investors in 2024. Furthermore, experts believe that $ROE will enjoy speedy market adoption and trade for $0.190 before the end of the year.
Hedera to Host Blockchain Conference in Late February
On February 29, the Hedera Foundation will host the Digital Euro Conference at the Frankfurt School of Finance and Management. This conference will kick off by 11:55 CEST, and the guest speaker is Greg Scullard (a Hedera developer and executive director at Swirlds Labs). Greg Scullard will introduce the new Stable Coin Studio (an open-source management toolkit and stable coin issuance platform for blockchain enterprises).
As a result of positive ecosystem developments, HBAR surged in late February. On February 16, HBAR traded for $0.0846. A week later, HBAR gained 29.91% and traded for $0.1098. Hedera has opted for an aggressive marketing strategy in 2024, and the Foundation will join other DeFi companies at the ETH Denver Conference later this month. As a result, analysts predict that HBAR will surge and trade for $0.1190 by March.
BEAM Expands Data Information Channels for Investors
On February 20, Beam announced that its BEAMX governance token is now listed on Coingecko (one of the world’s best cryptocurrency data platforms). BEAMX was explicitly built for the PriFi ecosystem, and its total token supply stands at 100,000,000. Approximately 28.7 million tokens are available, while Beam distributed 16 million. Investors can get all these details and more on Coingecko.
Thanks to this ecosystem expansion, BEAM recorded a double-digit price in late February. On February 16, BEAM traded for $0.1001. Seven days later, BEAM gained 14.72% and traded for $0.1148. According to analysts, the general crypto market may likely go bullish in the next few weeks due to the upcoming BTC halving. As a result, BEAM will likely surge like other altcoins and trade for $0.1270 by May.
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