Solana (SOL) and Toncoin (TON) have seen massive growth recently. Investors are expecting an upward rally in these altcoins. However, Borroe Finance ($ROE) has also attracted investors towards it with its AI-powered funding marketplace. Borroe Finance has already raised over $3.44 million. Let’s explore more about these top DeFi projects–$ROE, SOL and TON.
Borroe Finance Steps Forward In Web3 Funding Revolution
Borroe Finance, a blockchain ICO, is advancing through the last stage of the presale. It is currently in Stage 5 of presale with a price of $0.02. At the end of the presale, $ROE will be listed at $0.025, a profit of 25%. It has already raised over $3.44 million in presale.
Reports suggest only 165 million $ROE tokens are left before the presale ends. Thus, investors eagerly seize the opportunity to accumulate more $ROE tokens. The $ROE presale is enhanced by a 15% bonus for using the promo code “WELCOME” for current investors.
Borroe Finance is the world’s first AI-powered NFT marketplace in Web3. It breaks traditional finance like invoice factoring and discounting. Instead, Borroe Finance utilizes AI, tokenization, and smart contracts to raise capital effectively.
Borroe Finance connects sellers and buyers of invoices and income streams in a peer-to-peer environment. To run the platform smoothly, it collects transaction fees from buyers and sellers and subscription fees for premium services. This long-term vision has attracted investors to one of the best new ICOs–$ROE.
Will Solana Reach $200 Again?
Solana has increased by over 700% in the past year and over 65% in the past month. Yet it’s down 30% from its ATH of $260 in November 2021. In late March 2024, SOL was trading around $175 as one of the top 5 cryptocurrencies.
SOL broke its resistance of $125 in late February, headed towards the $200 mark, and broke it around mid-March. However, Solana bears have been active since then and have dragged down the value of SOL. The Solana ecosystem is worried about the situation.
The SOL price is now near the 20-day EMA. Experts say the short-term trend is bullish for SOL, and if SOL continues to attract buyers, the long-term trend will also follow the bullish outlook. They anticipate $200 is a huge resistance to cross for SOL traders.
If Solana holds above $180, SOL will soon cross the $200 zone. However, if Solana fails to hold above $165, SOL might trade around $150 by mid-2024.
Toncoin Plan to Distribute 30 Million TON
The TON Foundation plans to distribute 30 million (approx. $115 million) Toncoin in community rewards. The funds will be distributed to four categories: mining, airdrops, developers, and liquidity pools. The initiative will begin on April 1.
Some crypto news also reported a huge increase in TON trading activity. In late March, Toncoin was trading around $4.90, with minor fluctuations. In the past month, TON has grown over 136%.
Analysts say TON has positive sentiment in the market and is poised for growth. Toncoin could soon break its ATH of $5.84.
Moreover, technical indicators of Toncoin like RSI also showed a bullish outlook. Experts believe TON might trade above $6.50 by mid-2024 if the bullish momentum sustains. If Toncoin doesn’t hold above $4.75, TON might drop toward the $3.90 zone.
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