MATIC and AVAX under pressure, while Borroe (ROE) attracts investors
Polygon (MATIC) and Avalanche (AVAX) are currently facing downward pressure, while Borroe (ROE) is experiencing growth potential and attracting investors. Here are the key points:
- Borroe is a funding marketplace that allows content creators and web3 participants to obtain upfront funds from future recurring revenues.
- Borroe’s deflationary token, ROE, is issued on Polygon, a scalable Ethereum sidechain.
- Investors have already bought 25 million ROE in the ongoing presale, with demand driven by Borroe’s value propositions.
- Polygon recently announced plans to launch a new native token, POL, which has caused MATIC to fall 18% in the last two weeks.
- Avalanche (AVAX) has dropped 5% in the last week, potentially due to weaker utility compared to other projects.
Despite the decreasing interest in Polygon and Avalanche, experts are optimistic about Borroe and expect ROE to outperform MATIC and AVAX.
Hot Take
While MATIC and AVAX face challenges, Borroe’s presale is attracting attention and investment. This highlights the potential for funding marketplaces and deflationary tokens in the crypto space. It will be interesting to see how these projects perform in the coming months.
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