Investor Focus Shifts to a Promising New Cryptocurrency Following Ethereum (ETH) and Avalanche (AVAX) Gains
In Brief
Investors are flocking towards Borroe Finance ($ROE) for its amazing promise of presale returns. Let’s explore which is the best crypto investment among ETH, AVAX, and $ROE.
Ethereum (ETH) experienced a massive sell-off when a whale offloaded a huge amount of ETH tokens. In addition, Avalanche (AVAX) TVL reached a 9-month high. Also, investors are flocking towards Borroe Finance ($ROE) for its amazing promise of presale returns. Let’s explore which is the best crypto investment among ETH, AVAX, and $ROE..
Ethereum Witnesses Major Sell-Off as Whales Reemerge
Ethereum whale has resurfaced after a year of being silent, creating shockwaves in the crypto market. Lookonchain reports that the whale offloaded 18,865 ETH for a whopping 42 million DAI through four newly created wallets. Moreover, this whale activity made an outstanding selling price of $2,229 per ETH token.
This staggering number of sell-offs has caught the eyes of both investors and analysts. Since this massive offload of ETH tokens, Ethereum’s price has followed a downtrend. Following the sell-off, ETH plunged from $2,230 to $2,175 on December 18, representing a 2.51% decrease.
Amid this, Ethereum is trading in a crucial zone with support of ETH at $2,125. ETH technical indicator MACD reveals that Ethereum is gaining momentum in the bearish zone. Moreover, ETH RSI enhances bearish momentum, sitting below the 50 level.
As per Ethereum price analysis, crypto experts reveal that $2,350 and $2,400 are key levels in Ethereum’s potential upward trend towards the $3,000 mark. Yet, Ethereum remains among the top 5 cryptocurrencies, showcasing a potential that should not be overlooked.
Investors Flock to Borroe Finance for Its Impressive Growth
If anyone is looking for promising altcoins to buy, Borroe Finance is a go-to crypto. Borroe Finance is an AI-driven DeFi platform that has been making a splash in the crypto market along with established coins like Ethereum and Avalanche. It raised over $2 million, selling more than 182 million $ROE tokens.
Borroe Finance pioneers Web3 empowerment by seamlessly integrating AI-powered funding, turning the promise of future revenue into upfront cash.
In addition, Borroe Finance introduces a unique avenue for businesses to expedite cash flow by simply minting NFTs representing upcoming invoices and outstanding fees and selling them at a discounted value on the marketplace.
As the presale continues, Borroe Finance has entered Stage 3 of its presale with a price of $0.0175 per $ROE token. Investors are now turning their attention to Borroe Finance, recognizing $ROE as the best crypto investment.
Early participants from Stage 1 who have become part of Borroe Finance’s exciting trajectory will anticipate a noteworthy 220% ROI upon $ROE ascent to $0.04. It’s also worth noting that Borroe Finance’s platform integrates risk assessment, secure blockchain technology, and streamlines payment solutions.
Experts say Borroe Finance is leading a new era of decentralized finance and is poised for incredible returns in 2024. They anticipate that $ROE can have better profit returns than AVAX and ETH.
Avalanche TVL Reaches 9-Month High
Avalanche has witnessed a substantial increase in TVL, hitting a 9-month peak at $875 million. Over the last three months, Avalanche has demonstrated an impressive 66% surge, surpassing Dogecoin and securing a position in the top 10 blockchain networks by TVL.
With this massive influx of volume in Avalanche, AVAX price has soared remarkably. Since the start of December, AVAX trajectory has been only up; AVAX surged from $21.43 on December 1 to $37.42 on December 18, representing an excellent 74.61% surge.
Moreover, the altcoin price action displayed an attempt to pump the ongoing uptrend with a swing-high breakout at $44.00. But Avalanche couldn’t succeed, as there was strong resistance at $45.00. Experts say AVAX needs to break this level, and it could move towards $50.00.
Yet, Avalanche’s Fibonacci levels are hinting at a strong uptrend. Experts anticipate that if the market improves, AVAX can rally towards $60.00. Therefore, Avalanche could see greater highs in 2024.
Learn more about Borroe Finance ($ROE) here: Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
