This defi project may reshape crypto, investors circling
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As the year comes to a close, investors have been exploring potent projects. Apart from Ethereum (ETH) and XRP, investors have been exploring BorroeFinance (ROE).
BorroeFinance to resolve liquidity problems
One of the disadvantages of building in a new industry is skepticism from investors.
Wall Street and traditional financial institutions hardly fund new projects due to the volatile nature of the cryptocurrency industry.
As a result, blockchain developers created an AI-powered fundraising platform, BorroeFinance.
BorroeFinance allows web3 businesses to raise instant cash by minting future income into NFTs and selling them at discounted prices.
In addition, BorroeFinance incorporates AI risk assessment, blockchain technology, and efficient payment solutions into its protocol to ensure the safety and security of the fundraising process.
Currently, ROE is at its third presale stage, and investors are buying the token for $0.0175.
At the end of all presale stages, $ROE will sell for $0.04 across major crypto exchanges.
Experts predict that ROE will likely trade for $0.1750 by 2024.
Ethereum anchors more projects
On Dec. 12, AIDI Finance, a gaming and NFTs project, launched on Ethereum.
In other news, 200 million Enjin NFTs were recently moved to Ethereum.
Meanwhile, ETH prices ranged in the second week of December. ETH traded at $2,208 on Dec. 5.
By Dec. 12, the coin was up 0.43%, changing hands at $2,218.
Ahead of the upcoming Bitcoin halving, experts say ETH might reach $2,550 by February 2024.
Ripple lawyer criticizes senator and SEC chair
John Deaton, a U.S. lawyer representing over 75,000 XRP investors, criticized Senator Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler for allegedly favoring Bitcoin and Ethereum while unfairly targeting XRP and Binance Coin (BNB).Â
Senator Warren recently introduced a Digital Asset Anti-Money Laundering bill that could negatively affect Ripple and the crypto industry.Â
Meanwhile, XRP supporters are closely monitoring the situation.
In the second week of December, XRP is steady.
On Dec. 5, XRP traded at $0.6108, rising to $0.6230 a week later.
Experts predict XRP will change hands at between $0.4550 and $0.6550 in Q1 2024 ahead of the court case ruling in April 2024.
Learn more about BorroeFinance here:
Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter
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