Borroe.Finance ($ROE) is offering huge profits for its early investors despite the bearish trend in the general cryptocurrency market. On the other hand, Cosmos ($ATOM) and Monero ($XMR) are stuck in the red zone despite developments in their respective markets. Can Cosmos and Monero reverse their momentum to compete with Borroe.Finance?
Borroe.Finance ($ROE) Offers Huge Profits for Investors
Borroe.Finance ($ROE) is the leading global Web3 blockchain marketplace specializing in non-fungible tokens (NFTs) for invoice discounting, serving as a decentralized fundraising platform. Borroe.Finance helps Web3 participants and businesses to quickly raise capital by trading their future earnings.
Borroe.Finance empowers users to convert upcoming subscriptions, royalties, invoices, and digital payments into NFTs. These NFTs can then be offered at discounted rates to supportive communities. Additionally, the NFTs can be resold on secondary markets, facilitated by a robust peer-to-peer system.
In a recent development, $ROE received validation from BlockAudit, certifying its security against cyberattacks and malware. Furthermore, Borroe.Finance has made its smart contract address public, emphasizing its commitment to transparency and openness. This makes $ROE a good crypto to buy in 2023.
Currently, Borroe.Finance ($ROE) is in Stage 1 of its presale, trading at $0.0125, with more than 80 million tokens already sold. At the end of the presale, $ROE will enter the mainstream cryptocurrency market at $0.0400. This value represents a 220% ROI for the Stage 1 buyers, making $ROE the best crypto investment in 2023.
Cosmos ($ATOM) Struggling Despite Developments on Its Network
On September 2, Circle, the issuer of USDC, said it would integrate the stablecoin into five additional blockchains, including Cosmos ($ATOM). The integration is scheduled for an unspecified date this September. Remarkably, this incorporation of USDC into the Cosmos ($ATOM) network promises to deliver a swift, secure, and highly efficient transactional infrastructure for users.
Despite the continuous advancements in the Cosmos ($ATOM) ecosystem, the price of this token experienced a significant decline. On August 31, Cosmos ($ATOM) faced strong selling pressure, resulting in a notable decline in its price. Cosmos ($ATOM) dropped from $7.35 to $6.86 within three days.
Cosmos ($ATOM) has experienced continuous and persistent drops in the past two weeks, breaking through the crucial $7.00 support level. Analysts expect Cosmos ($ATOM) to drop towards $6.15 by the end of September, pushed by increased selling pressure and bearish momentum in the general crypto market.
Monero ($XMR) Is Stuck In the Red Zone, Investors Worried
Monero ($XMR) has recently enhanced its privacy technology by introducing “stealth addresses.” This has significantly increased the difficulty of tracking the sender or recipient of Monero ($XMR) transactions, a noteworthy development for privacy-conscious individuals.
On August 28, 2023, Bitmain introduced the Antminer X5. Based on Bitmain’s press release, the Antminer X5 is the first professional Monero ($XMR) miner. It has a remarkable hash rate of 212 kilo hashes per second (KH/s), in turn consuming 1,350 watts of power.
However, Monero’s ($XMR) mining community disapproved of Bitmain’s launch of application-specific integrated circuits (ASICs) customized for Monero ($XMR) mining. This may translate to the dominance of mining influence within a few mining entities if ASICs gain massive adoption for Monero ($XMR) mining.
As Monero experiences increased market volatility, experts believe $XMR’s price may trade between $135.78 and $143.12 in the coming weeks. Thus, Monero is not a great coin to buy today.
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