Both NEO (NEO) and Render (RNDR) have become subjects of interest due to their recent market performance, especially after the August 17 bear market. Still, NEO and RNDR have joined the list of tokens whose holders have praised Borroe ($ROE) Finance.
Despite being in Stage 1 of its presale, many analysts agree that Borroe ($ROE) is headed for great things, especially due to its unveiled approach to invoice financing. Will Borroe ($ROE) become a top ICO token? Let’s find out.
Neo (NEO) Trails Off After Interest Rate Hikes
The Federal Reserve announced an interest rate hike in late July. Many Neo (NEO) day and spot traders were affected by the interest rate hike as it reduced the availability of credit often used for crypto trading.
NEO and several other top altcoins took a significant hit since the interest rate hike was announced. NEO’s market capitalization also declined steadily following the rate hike. Its daily trade volume has also averaged $20 million in the past two weeks, showing a decline in investor sentiment.
Yet, a chunk of NEO’s recent crash is due to the current market downturn. So, analysts expect NEO to rise by 8.3% to $7.76 when the market recovers, and its trading activity picks up.
Render (RNDR) Listed on OKX: Investors Hope it Will Bring Bullish Benefits
On August 10, the OKX blockchain announced that it had listed the Render (RNDR) token as part of its crypto-asset offerings. Render (RNDR), famous for its GPU-based rendering services, has seen an uptick in demand, especially as 3D content creation has grown in 2023.
Render’s (RNDR) recent listing on OKX could indicate great potential for growth. Many analysts agree that Render’s (RNDR) trading volume might increase due to greater availability on markets like OKX. An increase in Render’s (RNDR) trading volume might be enough to resist the widespread bearish pressure that hit the crypto market on August 17.
Analysts say Render (RNDR) could rise by 21.5% to $1.75 if its investor demand rises once the current bearish sentiment fades away.
Borroe ($ROE): Providing Financial Solutions with The Finest Blockchain Technology
Borroe ($ROE) Finance is the world’s first blockchain-based invoice finance platform that helps users generate short-term capital quickly and conveniently. The platform is perfectly suited to businesses in the Web 3.0 industry.
$ROE Finance aims to improve access to revenue finance by incorporating AI technology and blockchain technology. It provides a decentralized marketplace where users can easily generate funds for business operations at their own pace.
Borroe’s ($ROE) users enjoy special access to unique investment opportunities with high potential and little risk. Both buyers and sellers receive recognition and special awards for their marketplace activity. The platform also gives limited voting rights to its token holders.
To enjoy these benefits, users must buy the Polygon-based Borroe ($ROE) token, which currently costs $0.0125. Borroe ($ROE) is now in Stage 1 of its presale. However, it’s expected to rise to $0.015 by the next Stage, a 25% surge, making it a good crypto to buy.
Learn more about Borroe here:
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