Despite the recent FTX Solana (SOL) selloff, crypto whales and institutional investors are accumulating more tokens. On the other hand, Avalanche (AVAX) recorded a double-digit price surge thanks to the prevailing positive mood in the crypto industry.
Right now, investors are fixated on BorroeFinance ($ROE), a new crypto token with a high ROI potential. Keep reading to see what experts think about these tokens.
FOMO: Investors Go All In On SOL
According to Rekt Capital, Solana (SOL) is repeating its 2021 bull pattern, indicating that the current Solana (SOL) pump has just begun.
Most savvy investors like you are already accumulating Solana (SOL) tokens due to fear of missing out (FOMO), and famous crypto traders like JACKIS have warned against further accumulation after a 10-week price pump.
However, data from Santiment shows that Solana’s (SOL) buying activity is yet to reach the red zone. In Q4 2023, Solana (SOL) gained 165% and is unarguably one of the best altcoins for investment during this period.
Solana (SOL) sold for $21.18 on October 13 and rose to $57.58 by November 12. Analysts say Solana (SOL) may hit $75 in Q4 2023 due to investor buying action driven by FOMO.
$ROE to Record a Double-digit Price Surge in Q4 2023
BorroeFinance ($ROE) is the world’s first web3 blockchain invoice discounting NFT marketplace. This decentralized fundraising platform allows web3 businesses to mint their future subscriptions, invoices, royalties, and other digital earnings into trending NFTs and sell them at discounted prices to supportive communities.
New investors like you can trust this project because they recently released their smart contract address to the public.
BorroeFinance ($ROE) is selling for $0.0150 in its second presale stage. When it enters its next presale stage in the next few days, BorroeFinance ($ROE) will surge 16.7% and trade for $0.0175. As a savvy investor, you can purchase BorroeFinance ($ROE) tokens using ETH, BTC, or USDT and record an ROI in November 2023.
AVAX Surges Amid Staff Layoff
On November 7, the CEO of Ava Labs announced the layoff of 12% of its staff register.
For context, Ava Labs is the development team behind the Avalanche (AVAX) blockchain. According to Ava Labs CEO Emin Gun Sirer, the move will help the company allocate more resources to the growth and development of Avalanche’s (AVAX) ecosystem.
Even though this news didn’t go down well with the Avalanche (AVAX) community, investors still accumulated Avalanche (AVAX) tokens, one of the top altcoins in the current crypto bull cycle.
Avalanche (AVAX) traded for $12.34 on November 5. The token gained 36.14% and sold for $16.79 seven days later. According to analysts, the negative sentiment from staff cuts could cause Avalanche (AVAX) to fall to $10 in November.
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