As DFinity announced the Canister smart contracts update on Internet Computer Protocol (ICP), Monero (XMR) released a new version of Feather Wallet. On the other hand, Borroe Finance ($ROE) evolves as a top contender in the DeFi space with an amazing presale journey. Let’s know which crypto to buy.
What’s New About Canister Smart Contracts on Internet Computer?
In a significant development move, DFinity announced that Canister smart contracts on Internet Computer can now hold 400GiB in stable memory on January 16, 2024. Moreover, this ICP update will give a 100x increase since Genesis.
Besides, Internet Computer has been gaining traction since the start of 2024. Internet Computer price trend reveals an upward momentum. Moreover, ICP has been forming higher high swings, delivering positive sentiment in the market. After Internet Computer reached a high of $14.19 on January 11, ICP has been consolidating between $11.91 and $13.93.
ICP has formed a triangle pattern above the 20-day EMA. However, Internet Computer’s technical indicator shows a trend reversal. Additionally, ICP’s RSI now flips from the top and finds near the 50 mark. This signifies a negative divergence for ICP. Furthermore, ICP’s MACD indicates a bearish crossover and reveals imminent bearish pressure.
Experts say if Internet Computer succumbs, ICP could see its price plummet to $10.32. Yet, enthusiasts believe the Internet Computer stands firmly in the private coin arena.
Monero Release Feather Wallet Update
On January 3, 2024, Monero announced the release of Feather Wallet 2.6.2. There are so many exciting updates with Monero’s new Feather Wallet version release.
Despite Monero’s impressive gain at 2023’s end, XMR could not continue its bullish rally to 2024. Failing to uphold the gains, Monero encountered an intense throwback. More precisely, XMR plunged from $179.51 to $164.26 on the new year’s day.
With this update on January 3, XMR made a noticeable jump to $169.17. Coming to January 16, XMR again plummeted to $156.68, representing a sharp fall of 7.38%. This Monero’s price action signifies the selling pressure, pushing XMR’s price to trade lower. Therefore, XMR was struggling to hold the 200-day EMA.
In Monero’s technical analysis, XMR showcased a rising wedge breakdown. However, there is a sharp fall in XMR’s RSI to the bearish region, which signals a positive divergence. Yet, experts remain optimistic for Monero. They anticipate that XMR will climb $166.39 by the end of Q1 of 2024.
Borroe Finance Is Offering Amazing Returns
With a unique blend of revolutionary AI and blockchain technology, Borroe Finance has emerged as an innovative approach in the Web3 space. Many enthusiasts already believe Borroe Finance, one of the new DeFi Projects, to be the future of fundraising. All thanks to its unique value proposition as an NFT funding marketplace.
Borroe Finance helps creators and Web3 players to sell their future earnings and generate an immediate cash flow. In addition, Borroe Finance leverages AI for risk assessment. Not only that, Borroe Finance makes effective use of smart contracts and oracles to ensure enhanced security in users’ transactions.
Borroe Finance has hit the benchmark, amassing more than $2.6 million in its presale stages. While Borroe Finance’s presale is taking pace, savvy investors have a fear of missing out as it has already sold over 220 million $ROE tokens.
Currently, Borroe Finance is commencing Stage 4. At this stage, $ROE is priced at $0.0190. If anyone is willing to buy $ROE now, they will accumulate a 110.5% gain on their investment. This happens when $ROE reaches $0.0400 by the end of the presale.
This massive success in ongoing presale is a testament to $ROE’s profitable gains. Experts say $ROE will skyrocket once it is released on DEX (decentralized exchange).
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