News And Verse - Promo

XRP nears 2021 highs as new AI altcoin eyes top market position


Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Amid heightened whale activity potentially driving XRP towards its 2021 highs, Borroe Finance emerges as a notable AI-powered altcoin aiming to enrich web3 revenue financing.

Heightened whale activity has ignited the XRP fire of reaching its 2021 highs as the eighth-largest cryptocurrency based on market value edged closer to the psychological price of $2.00 at the time.

On the other hand, Borroe Finance (ROE) is coming up as a prominent AI altcoin that intends to steal the show in the web3 industry through its AI-powered discounting NFT marketplace.

Borroe Finance leverages key technologies

As Borroe Finance prepares to be one of the top crypto leaders, the network is publishing a remarkable presale tale thanks to heightened investor adoption.

For instance, Borroe Finance has raised at least $3.97 million at the presale level as both retail and institutional investors have embraced it with both hands, making it one of the leading defi projects.

Furthermore, Borroe Finance’s governance token called ROE has become the talk of the crypto town thanks to its notable HODL trend. For instance, more than 298 million ROE tokens have been purchased, depicting it as a good crypto to buy.

ROE is also among the deflationary coins in the crypto space thanks to the token burn strategies incorporated. Moreover, the network deploys cutting-edge technologies like artificial intelligence (AI), smart contracts, blockchain, and non-fungible tokens (NFTs) in its revolutionary peer-to-peer (P2P) marketplace.

Borroe Finance is powered by the Polygon blockchain, and this ensures that transactions are fast, efficient, and transparent. Furthermore, AI propels risk assessment, ensuring that fraud and scams are a thing of the past in the Borroe Finance ecosystem.

Following an intensive scrutiny by leading audit firm BlockAudit, Borroe Finance’s smart contracts got a clean bill of health, echoing its transparency commitment.

How Borroe Finance plays the web3 revenue financing game

Given that traditional platforms have significantly jeopardized web3 revenue financing because of rigid, bureaucratic, and lengthy processes, Borroe Finance takes this pain point away through its unique marketplace.

Specifically, web3 players are given the chance to raise instant working capital by selling off discounted NFTs on Borroe Finance’s marketplace. These discounted NFTs are usually generated from web3 participants’ future earnings, showcasing Borroe Finance’s intention of lowering the entry barrier in this sector.

XRP could experience notable bullish momentum

Given that XRP has continuously stagnated at the zone between $0.50 and $0.60, questions are being raised whether this altcoin will reach 2021 highs.

XRP was hovering around the $0.53 zone at the time of writing, according to CoinGecko data. The cryptocurrency hit highs of $1.98 in 2021 thanks to a remarkable bull run, with its all-time high (ATH) price being $3.40 recorded in January 2018.

Nevertheless, all hope is not lost for XRP scaling such heights because whales have been on a buying spree.

Renowned market analyst Ali Martinez pointed out, “XRP dropped from $0.62 to $0.41, and crypto whales took notice. They’ve bought over 31 million XRP in just the past week.”


XRP nears 2021 highs as new AI altcoin eyes top market position - 1
Source: Santiment

This is a welcome move for XRP because the surging buying pressure might push the price to the psychological threshold of $1.00.

Therefore, XRP remains one of the top altcoins to give a keen eye based on the bullish developments happening, just months after it was labeled a non-security asset by a U.S. court.

To learn more about Borroe Finance, visit the Borroe Finance presale, join the Telegram group, or follow Borroe Finance on Twitter.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.





Source link

About The Author

Scroll to Top