Fantom (FTM) and Conflux (CFX) show strong signs of good things to come despite their recent bearishness. Many of their token holders are mulling holding on to their market positions until the year runs out. However, several analysts are concluding that Borroe ($ROE) is a better investment. Some even say that its expected 300% shows that it will be among the top crypto coins of 2023, over FTM and CFX. Let’s see their reasons for this bold prediction.
Fantom (FTM) Responds To Market Shocks
The month of July brought significant market struggles for Fantom (FTM), one of the top DeFi projects. FTM activity fell significantly following the hack of one of its cross-chain protocols, Multichain. Things got worse following another hack of Curve Finance, which set off a wave of bearishness in the DeFi industry.
Investors expected Fantom’s (FTM) market performance to be affected by its exposure to Multichain. Even in August, one of Fantom’s (FTM) largest decentralized exchanges, SpiritSwap, almost went out of business due to having locked funds on Multichain. Their saving grace was a buyout by Power – another Fantom-based decentralized protocol.
Despite Fantom’s (FTM) bearish outlook, many investors still expect Fantom (FTM) to rise to $0.31 due to the current rising DeFi activity.
Conflux’s (CFX) Rising Network Adoption Pleases Token Holders
Conflux (CFX), the only public regulatory-compliant blockchain in China, has faced bearish pressure in the past few weeks. Many investors are surprised at this development because Conflux’s (CFX) adoption and network activity have been on the rise.
A few months ago, Conflux (CFX) announced a partnership with China Telecom to create Blockchain-based sim cards. Later in July, Conflux (CFX) announced a partnership with Cardano-based World Mobile to expand its network services in Asia and Africa. Interestingly, these positive developments have had little impact on Conflux (CFX) price.
Some analysts are confident that Conflux (CFX) could rise above $0.20 again if DeFi trading activity increases.
Borroe ($ROE) Sets Sight on Capturing Largest Share of Revenue Financing Market
Borroe ($ROE) Finance has revealed its plans to take over the Revenue Financing industry using a high-end decentralized marketplace coupled with NFTs and AI technology. Borroe ($ROE) is committed to providing a rapid solution that allows companies to easily raise funds for facilitating business operations without lengthy delays or high extra costs.
Borroe’s ($ROE) smart contracts enable the smooth transfer of financial assets between buyers and sellers of revenue finance services. Borroe ($ROE) also gives out marketplace rewards and recognition, discounts, and notifications on upcoming deals.
Some key standout areas of Borroe ($ROE) Finance are its transparency, fee structure, speedy transactions, and broad liquidity access.
Users also enjoy limited voting rights, which allows them to contribute to certain investment decisions on the platform. After reaching Stage 1 of its presale, Borroe ($ROE) is trading at $0.0125, a 25% increase from its Beta Stage price of $0.010. Better yet, by the end of its presale, Borroe ($ROE) is expected to reach $0.040, a 300% surge from its starting value. Borroe’s ($ROE) expected increase makes it one of the best cryptos to buy now.
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