WEB3
by BSCN
September 1, 2023
As a blockchain-based fundraising platform, Borroe tackles the issues faced by Web 3 businesses in accessing revenue-generation opportunities.
With all eyes fixed on the recovery of the crypto market, investors are looking for tokens that can help recoup losses made on August 17. Ripple (XRP) holders are jubilating over a possible exchange listing. Meanwhile, Binance Coin (BNB) holders fear that their tokens could be delisted soon as the SEC increases regulatory pressure on the market.
Interestingly, some analysts say Borroe ($ROE) will emerge as a top challenger, especially after its recent 25% increase. However, will that be enough to make Borroe a good crypto investment for beginners? Let’s see what investors think.
In the early hours of August 24, the crypto market was excited over rumors that Ripple (XRP) could be listed on Robinhood. The move comes after Ripple's (XRP) victory over the Securities and Exchange Commission (SEC) on July 13, 2023. Essentially, the judge ruled that XRP tokens are not securities when being sold to institutional investors.
Many Ripple (XRP) holders were excited over the July 13 verdict, believing it would provide regulatory clarity for XRP and lead to more exchange listings like the potential Robinhood listing. However, the SEC began a formal appeal against Ripple’s (XRP) victory on August 17, the same day the crypto market crashed, sending several tokens into the bearish zone.
Ripple (XRP) skyrocketed to $0.82 on July 15 - a day after its landmark victory over the SEC. Nearly three weeks later, it fell by 24.3% to $0.62 on August 8. By August 17, the SEC’s appeal was announced. Shortly after, the market crashed, driving XRP down by 22.5% to $0.48.
As of August 24, Ripple (XRP) rose by 6.2% to $0.51 following the rumors of a possible listing by Robinhood. Many analysts believe Ripple (XRP) could rise by 23.5% to $0.63 if Robinhood proceeds to list XRP (XRP) - a move that could make XRP a good crypto to buy now.
The crypto community fears that crypto exchanges could begin delisting Binance Coin (BNB) tokens. This comes after the SEC labeled BNB a ‘security’ in a lawsuit against Binance on June 5, 2023.
A similar thing happened when the Bakkt exchange delisted Cardano (ADA) after it was labeled a security by the SEC. Binance Coin (BNB) holders fear BNB’s trading volume will reduce significantly if it's delisted by exchanges looking to stay on the side of the SEC.
BNB (BNB) was trading at $306.72 on June 4. On June 6, BNB crashed by 9.7% to $276.93 - a day after its landmark lawsuit. Binance Coin's (BNB) bearish momentum continued, pulling it down by 10.7% to $247.04 on August 2. After the market crash of August 17, Binance Coin (BNB) fell by 12.8% to $215.37.
Experts say BNB can drop further by 7.7% to $201.45 if exchanges begin delisting BNB over regulatory concerns.
Borroe ($ROE) is a blockchain-based fundraising solution that targets the unique problems that hinder speedy and efficient access to revenue generation opportunities for Web 3.0 businesses. It is the perfect solution for NFT artists, writers, musicians, and digital creators.
Borroe ($ROE) helps these companies leverage future and outstanding revenue to generate loans that serve as short-term capital. Borroe ($ROE) uses several technologies, including blockchain, AI, tokenization, and smart contracts, to streamline the fundraising process.
Borroe ($ROE) also provides a highly efficient marketplace that guarantees instant transactions, low fees, extra security, and privacy.
The platform allows companies to customize their fundraising requests to make them more attractive to investors. Sellers can add discounts and other incentives that increase the chances of getting approvals for their loan requests.
After the recent market crash, many investors are looking for tokens with strong growth potential. Borroe ($ROE) is an opportunity to invest with low risk and consistent returns.
Borroe ($ROE) is trading at $0.0125 after rising by 25% from its starting price. With a projected 300% growth by the end of its presale, Borroe ($ROE) is expected to become one of the best crypto coins to invest in today.
Learn more about Borroe ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $300. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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