Ethereum (ETH) is around 18% of the entire crypto market and experts predict that multiple ecosystem developments will send the token to a new all-time high in 2024. For context, the US SEC may approve Ether Spot ETFs in Q3 2024 and trigger an ETH bull run. On the other hand, savvy investors are also backing Borroe Finance ($ROE) to succeed. Keep reading to see what experts think about these tokens.
Savvy Investors Back $ROE with $3.1 Million in Four Presale Stages
According to crypto experts, the best way to tell if a crypto token has long-term investment value is by looking at its early successes. New ICOs, airdrops, and token presales often present the best opportunities for crypto fortune, and savvy investors are famous for profiting from the right ones. So far, some of these investors have placed over $3.1 million in an AI-supported blockchain fundraising marketplace called Borroe Finance.
Borroe Finance allows web3 participants to raise flash loans by minting future subscriptions into NFTs and selling them to your audience at a discount. Thanks to this fundraising model, web3 businesses can get the short-term liquidity needed to run their businesses. In addition, Borroe Finance users also enjoy low-risk investment (for the lenders), high scalability, privacy, and a peer-to-peer NFT marketplace.
Currently, $ROE’s fourth presale stage is 92% complete, and investors are getting the token for $0.019. After all presale stages conclude, $ROE will hit the open crypto market and sell for $0.040. According to experts, $ROE’s upward price movement will result in a 110.5% ROI for early investors later this year.
Ethereum Foundation Reveals Date for Dencun Upgrade
On February 27, the Ethereum Foundation announced that the Dencun Network Upgrade has successfully activated on all testnets. According to the Foundation, Dencun will activate on the Ethereum mainnet epoch 269568 by 13:55 UTC on March 13 and execute the three-phase upgrade. According to blockchain experts, this upgrade will reduce wait time and gas fees, making Ethereum one of the best altcoins in the crypto industry.
Aside from this timely network upgrade, Ethereum is set for another positive ecosystem development in 2024. According to crypto news from Bloomberg and other sources, the US SEC might approve Ether Spot ETFs in the next few months. The US SEC approved Bitcoin Spot ETFs on January 10, and Blacrock’s IBIT ETF already has over $10 billion in AUM. If Ethereum Spot ETFs get approved, ETH may cross $5,000 for the first time.
ETH is on a bull run, and the token hit a new year-on-year (YoY) high on March . On February 27, ETH traded for $3,246 a week later. ETH gained 12.24% and is currently at $3,903 at the time of writing. According to crypto analysts, ETH should hit a resistance level of $4,000 within the next coming days due to the upcoming BTC halving next month. As one of web3’s top altcoins, ETH will likely ride the crypto bull run wave in Q2 2024 and surpass its all-time high by May.
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