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The post The Next Big Thing in Crypto: A Challenger to Lido DAO and Chainlink’s Reign! appeared first on Coinpedia Fintech News
Reading the times is the ultimate skill of any investor because it allows you to get ahead of others and get the biggest ROI. While top altcoins like Lido DAO (LDO) and Chainlink (LINK) offer great investment opportunities, BorroeFinance ($ROE) is a much better choice.
This platform has already raised $1.45 million, and savvy investors are rushing to buy the token. Let’s see what experts and analysts have to say about these tokens!
Investors Back $ROE to Record Massive Price Pumps in 2024
As leading cryptocurrencies, investors often opt for Lido DAO and Chainlink. However, BorroeFinance ($ROE) is set to dislodge these crypto giants thanks to its massive industry utility.
BorroeFinance is the world’s first web3 invoice discounting NFT marketplace, and this platform allows web3 businesses to raise instant cash by selling future earnings. Web3 content creators can always mint their future income into NFTS and sell them at discounted prices.
Analysts expect a speedy market adoption for BorroeFinance, which means the token may trade for $0.175 by July 2024.
Crypto Whales Accumulate LDO in Q4 2023
Recently, Lookonchain revealed that Lido DAO recorded a significant surge in November due to massive whale buying activity.
According to the on-chain tracking platform, a Lido DAO whale recently transferred 1.47 million LDO tokens ($3.6 million) from Binance to an unknown wallet. Furthermore, FalconX also moved 1.26 million Lido DAO tokens ($3.1 million) from Binance.
As a result of this accumulation, Lido DAO surged in November. On November 3, LDO traded for $1.80. By November 27, LDO gained 31.78% and sold for $2.34.
According to analysts, Lido DAO whales are planning to hold their tokens for long-term ROI, and LDO will likely sustain its bullish momentum due to reduced selling pressure. Therefore, experts predict LDO will trade for $3.10 in early 2024.
Coinbase Set to Roll Out LINK-PERP Futures Contract
Coinbase (arguably the best cryptocurrency in the US) is set to diversify to the international markets through its Coinbase International Exchange platform.
According to a blog post on November 26, Coinbase will launch perpetual future markets for Chainlink on November 30 at 10 AM UTC. The option to trade Chainlink futures contracts will be available to US, European, and Asian customers.
Since Chainlink is expecting a new influx of investors thanks to Coinbase, LINK gained 28.33% in November. On November 4, LINK traded for $10.98; by November 28, LINK already rose to $14.14.
According to experts, Chainlink will attract more investors thanks to its LINK-PERP futures market. As a result, LINK will likely surge to $20.50 by Q1 2024, making it one of the best crypto investments in 2023.
Learn more about BorroeFinance here:
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