The crypto space is getting psyched for the bullish blaze, but it is not rosy for every token. In a bid to keep the value of a cryptocurrency over time, different strategies are implemented by different projects. Borroe ($ROE) is designed as a deflationary asset, simultaneously decreasing the total supply and becoming a store of value. This explains why experts see it surpassing Litecoin (LTC) in the near future.
LTC’s Downtrend Good for $ROE
Litecoin recently had a halving event, the third in its history. However, instead of the expected rise in price, it dropped by 6% on the day of the halving. It further went into a downtrend.
Speculations about an imminent sell-off of the token are in circulation. If this happens, the price will fall lower, meaning losses for some of its investors. Observers have noticed a trend with Litecoin’s halving events.
Unlike the Bitcoin halving, which leads to an increase in BTC price after its halving event, the LTC price rises before Litecoin halving and then hits a low.
If the pattern continues, the peer-to-peer cryptocurrency might be in for a steeper fall. On the other hand, experts predict that the opposite is the case with $ROE which is expected to topple the Web3 industry and give holders outsized rewards. $ROE is presently in the first stage of its presale.
Innovation drives cause, and the project by Borroe Finance is a game-changer!
Coupling an AI-powered marketplace to help builders, creators, and Web3 market participants get upfront funds from future recurrent revenues helps bring value to the burgeoning industry.
Borroe also has its instant funding model, where businesses can also generate instant cash flow by minting NFT representations of future and outstanding invoices. These can then be sold at a discount at the marketplace.
The Borroe project is great, but many dead projects once looked great too. What makes it different from others?
Borroe has worthy team leaders, Maxim Prishchepo and Michael Price. Price brings his decades of expertise in creating efficient fintech and financial services solutions to the platform. Prishchepo’s deep knowledge of blockchain technology and financial systems joins the mix. With such a team, $ROE is headed for a great ride.
Aside from the team’s makeup, the just-received certificate of compliance from BlockAudit, for the successful audit of Borroe’s smart contract adds credence to the project. $ROE solves the funding challenge of Web3 businesses as most traditional financing firms cannot fund these startups as they have little understanding of Web3.
In the Borroe NFT marketplace, Web3 businesses raise funds in a Web3 community. Its AI risk assessment technique presents a secure way of raising funds for businesses and getting returns for investors. This translates to a low barrier to accessing capital and fast growth for Web3 businesses.
As a deflationary token, $ROE is set to incentivize holding, discourage spending, increase scarcity, and encourage its adoption as a solid store of value.
Holders of $ROE will have benefits like discounted transaction fees, governance membership, and repayment rewards, among others. The token is built and set to increase in value over time while the Borroe Finance economy grows.
Built on Polygon, the flexible, secure, and reliable Ethereum sidechain, the $ROE deflationary token sold out in just five days during its Beta stage. The token price has risen by 25% in its ongoing presale Stage 1.
$ROE price currently stands at $0.0125 and has a presale target price of $0.040. This means that present investors will have over 200% gains when the price hits the target price.
The difference between LTC and $ROE is more than their use cases. On the Litecoin price, some predict a further drop in price while others expect its soon recovery. However, the prediction is clear for Borroe ($ROE): stocking up will be a smart investment move in preparation for the bright future of the project!.
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