Recently, crypto analysts predicted Solana (SOL) and Toncoin (TON) will ride the current bullish wave into Q2 2024. According to these experts, SOL will likely break through its $200 barrier in March, while TON will retain its bullish trajectory due to investor accumulation. On the other hand, Borroe Finance ($ROE) plans to deliver a massive ROI to investors this year. Keep reading to see expert forecasts and opinions on these tokens.
CCTP TO Launch on Solana Mainnet
On March 26, Circle (a USDC issuance and payment platform) will officially launch its Cross-Chain Transfer Protocol (CCTP) on the Solana mainnet. Circle released a new-pre mint address to facilitate this launch that will allow CCTP to mint USDC on the Solana ecosystem. According to Jeremy Allaire (CEO and Co-founder of Circle), this launch is vital for Dapps (decentralized applications) that need to move payments on Solana.
Thanks to this ecosystem expansion, SOL retained its bullish momentum in early March. On March 4, SOL traded at $131.48. A week later, SOL gained 13.86% and sold for $149.67. According to crypto analysts, SOL may break through its $200 resistance in the next few weeks. The crypto market is currently bullish due to the upcoming BTC halving in April and leading altcoins like SOL are along for the ride.
Crypto Exchange Announces TON Treasure Hunt
On March 8, OKX (one of the world’s best cryptocurrency exchanges) announced its 2024 Toncoin Treasure Hunt. Toncoin enthusiasts participating in this hunt can win from a prize pool of 60,000 TON and 15,000 USDT. Furthermore, these winning participants will also go home with paid TradingView and Telegram premium subscriptions. To join the hunt, deposit Toncoin and earn tickets on OKX until March 28.
As a result of this renewed interest in Toncoin, TON recorded a minor price surge in early March. On March 4, TON traded for $2.71. Seven days later, TON gained 4.94% and traded for $2.84. According to crypto analysts, TON will likely surge in the next three weeks due to OKX Treasure Hunt participants increasing demand for the token. Therefore, TON will likely trade for $3.10 by March 31.
Borroe Finance Plans to Disrupt DeFi Through Customer-based Fundraising
Raising money is not a walk in the park for web3 business, and Borroe Finance plans to make this process easier through AI-powered decentralized fundraising. On Borroe Finance, web3 content creators can get flash loans by selling future income to their audience at a discount. These lenders will enjoy low-risk investment, and they can also sell their discounted NFTs after on a special P2P market on Borroe Finance.
Currently, $ROE is selling for $0.019 in its fourth presale stage, and investors have placed over $3.1 million on the platform. According to analysts, $ROE will trade for $0.040 when it hits the mainstream market. As a result, $ROE will deliver a massive 110.5% ROI to early investors in 2024. Furthermore, experts believe $ROE will be among the few viral token launches in 2024, and the token will likely trade for $0.190 by the end of the year.
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