The often-feared volatility of the crypto market has reared its ugly head as 1INCH and FLOW plummet in double digits. This, of course, generally leads to losses in the portfolios of many investors.
Consequently, these individuals have searched for the next project to neutralize the situation. The fortunate ones have stumbled upon Borroe ($ROE), poised to become one of the most trending tokens this year.
1INCH In Volatile Territory As It Drops Almost 50% In Two Days
1INCH’s price has been in a ‘yo-yo’ despite the DEX aggregator making some decent progress of late. Data from Santiment revealed that INCH had a steadily increasing user base over the past few months.
Moreover, Messari backed this up in their Q2 report. 1INCH had been bullish since mid-June, climbing by 180% from $0.23 to $0.66. Yet, 1INCH has erased much of its gains, dropping almost 50% to $0.34.
Lookonchain flagged a recent transaction of a whale selling 7 million 1INCH. Similarly, Glassdoor noted that 1INCH tokens held in centralized exchanges rose to 184.28 million. This could explain 1INCH’s current price action as a balance increase in exchanges suggests the intention to sell, leading to volatility.
FLOW is another altcoin exhibiting similar price action.
FLOW Shows A Steady Decline In User Metrics
FLOW’s gradual drop since its peak in 2021 has been well-documented. This is a symptom of the decline in NFT trading overall, particularly the premium ones like NBA Top Shot.
Looking at FLOW’s block explorer also confirms the decrease in transactions and created accounts over the past few months. As a result of this poor performance, FLOW reached its all-time low of $0.41 in June 2023.
Of course, this isn’t to say it’s over for FLOW or NFTs. Borroe ($ROE) also incorporates much of FLOW’s elements, like non-fungible tokens, but it’s creating something new and disruptive.
Borroe ($ROE) Introduces A Groundbreaking Method To Access Cash Advances In Web3
Borroe ($ROE) is an innovative AI and blockchain-powered crowdfunding platform where Web3 enthusiasts can convert their future recurring income into an instant cash advance.
The service ‘mints’ an NFT that amounts to this revenue, listing it on the marketplace for interested buyers to fund it. ‘Sellers’ commit to repayment at a fixed date with reasonable fees, while buyers earn consistent returns for their role.
With this unique proposition, Borroe ($ROE) fuels a large part of the Web3 ecosystem that will benefit from obtaining cash flow quickly and in a decentralized manner. Although several credit-focused DeFi platforms exist, few cater to revenue stream loans, a relatively untapped market worth billions of dollars.
What also differentiates Borroe ($ROE) is its use of artificial intelligence. This technology performs the necessary risk assessment for each seller and automates the entire process from start to finish.
$ROE is the platform’s governance token acting as the gateway to enjoying the features of Borroe’s marketplace. It offers holders an array of benefits like discounted fees, priority notifications for funding applications, and voting power.
Investors can buy $ROE for $0.010 as Borroe is in Stage 1 of its presale. By Stage 2, the new price will be $0.0125, equaling a 25% climb. Experts believe $ROE could be worth $0.040 in the long run, representing a 300% ROI when accounting for the current price.
Such a gain is unlikely for 1INCH nor FLOW, whereas Borroe ($ROE) could achieve it in no time.
Learn more about the Borroe presale here:
Buy Presale: https://borroe.finance/
Website: https://borroe.finance/
Telegram:https://t.me/borroe_finance
Twitter: https://twitter.com/Borroe_Finance
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