In the cryptocurrency world, recent developments have caught the attention of investors. Shiba Inu ($SHIB) has seen a resurgence in investor confidence after Shibarium’s relaunch, while Maker ($MKR) has surged due to changes in its DAI savings protocol. Meanwhile, Borroe.Finance ($ROE) is making waves with its innovative approach to decentralized fundraising. Which is the best cryptocurrency to buy today?
Shiba Inu ($SHIB) investors buying the dip
On August 28, 2023, Shibarium, a layer two scaling solution developed by the Shiba Inu ($SHIB) team, was relaunched. At the time of its initial launch, Shibarium had 65,000 wallets and had successfully processed 350,000 transactions. By September 1, these numbers had increased to 820,811 wallets and 706,000 transactions.
Before the relaunch, Shiba Inu’s price sentiment was optimistic. Notably, it lived up to those expectations. $SHIB token recorded a 2.4% increase, rising from $0.00000804 to $0.00000823.
Analysts believe Shiba Inu ($SHIB) will stabilize and start rising in the wake of the developments in its market to end 2023 at $0.000009225. Hence, Shiba Inu is a good crypto to buy currently.
Maker ($MKR) surges as remarkable developments attract investors
Maker ($MKR) has enjoyed a bullish momentum in the past two weeks since the mid-August 2023 cryptocurrency market crash. Interestingly, Maker has been rising since July after some exciting changes were introduced to the interest rate of its DAI savings protocol.
After the team increased its DAI savings interest rate to 8%, Maker’s demand exploded. In turn, nearly $1 billion worth of inflows were invested into the DAI stablecoin. On that note, Maker’s Total Value Locked (TVL) also surged to $430 million.
Unfortunately, the entire crypto market collapsed on August 17. The crash resulted in strong bearish trends for many tokens, including Maker ($MKR). On August 17, $MKR was valued at $1,047. But, the cryptocurrency lost 4.7% of its value to trade at $997 by August 25.
Experts say that Maker ($MKR) will continue with its bullish momentum to reach $1,235 by the end of 2023, powered by growth in lending services once the market recovers. This potential bullish momentum makes Maker one of the best cryptos to buy today.
Borroe.Finance ($ROE) surges in its presale
Borroe.Finance ($ROE) is already a leader in the global Web3 blockchain invoice discounting NFT platforms. Borroe.Finance works as a decentralized fundraising platform. Additionally, Borroe.Finance enables Web3 businesses and content creators to secure capital by trading their future earnings.
Remarkably, Borroe.Finance investors can readily change their future subscriptions, invoices, digital payments, and royalties into NFTs.
These NFTs can later be sold to supportive communities at reduced prices. Moreover, investors can utilize a massive peer-to-peer (P2P) mechanism to resell their Borroe.Finance ($ROE) NFTs in various secondary markets.
Borroe.Finance was recently Verified by BlockAudit, guaranteeing its security against all types of malware threats and cyberattacks. Also, Borroe.Finance published its smart contract address publicly, enhancing its transparency and openness.
Currently, in Stage 1 of its presale, Borroe.Finance ($ROE) is trading at $0.0125. Investor demand has been high because of Borroe.Finance has so far sold over 71 million tokens. This project will reach a price of $0.0400 by the end of the presale.
The impressive price trend will yield a 300% profit for early $ROE investors and a 220% return on investment for Stage 1 buyers. These striking price dynamics make Borroe.Finance is the best cryptocurrency to buy today.
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