Experts say established penny tokens like Cardano (ADA) and Dogecoin (DOGE) are good crypto investment choices. However, Borroe ($ROE) outperformed both ADA and DOGE in July 2023.
Let’s investigate these three options and why they deserve a spot on your watchlist.
Borroe ($ROE) Emerged as the Best Crypto Investment in July 2023
Borroe ($ROE) is an AI-powered funding marketplace that allows web3 participants and content creators to generate instant cash by selling future digital earnings. Borroe ($ROE) allows web3 businesses to mint future subscriptions, invoices, and royalties into NFTs and sell them at discounted prices to supportive communities.
To ensure a secure fundraising marketplace, Borroe ($ROE) incorporates AI risk assessment, blockchain technology, and efficient payment solutions into its protocol. In addition, BlockAudit has verified Borroe ($ROE), which means the token is safe from cyberattacks. Borroe ($ROE) has also publicized its smart contract address to foster transparency.
Borroe ($ROE) is in its first presale stage, and the token is selling for $0.0125. At the next presale stage, Borroe’s ($ROE) price will rise to $0.0150 and trigger a 20% surge in the token’s value. When all presale stages conclude, Borroe ($ROE) will hit the mainstream market, sell for $0.0400 and deliver a massive price surge to early investors.
Cardano (ADA) Records Huge Ecosystem Growth
Cardano (ADA) saw a significant rise in its KPIs in the first week of August 2023. According to reports from EssentialCardano, Cardano (ADA) processed 73.2 million transactions and launched 137 new projects on its blockchain in Q2 2023.
In addition, Cardano (ADA) has introduced multiple groundbreaking projects this year, including the Lace Light Wallet and Mithril mainnet. The Lace Light Wallet has been active since early 2023, while the Mithril mainnet launched on July 30.
Despite these ecosystem developments, Cardano (ADA) took a bearish trajectory in August 2023. On August 1, Cardano (ADA) was trading at $0.3066. Ten days later, Cardano (ADA) lost 4.61% and traded at $0.2931.
Yet, analysts believe Cardano’s (ADA) ecosystem will continue to grow because of its various projects, and its market price will increase.
Dogecoin (DOGE) Investors Are Hopeful as X Begins Ad Revenue Sharing
In August 2023, microblogging platform X (formerly Twitter) started rolling out ad payments to creators. Elon Musk is the driving force behind this novel development, and X users reacted positively.
Following this decision, Dogecoin (DOGE) investors hope X will pay out creator revenue in Bitcoin (BTC), Dogecoin (DOGE), and other cryptos soon. In addition, Elon Musk hinted that Dogecoin (DOGE) might be used for payments on Twitter Blue (the premium X version).
All these speculations led to a Dogecoin (DOGE) bullish price movement in August 2023. As of August 4, Dogecoin (DOGE) was trading at $0.07328. A week later, Dogecoin (DOGE) gained 3.1% and traded at $0.07557 on August 11.
Analysts believe this bullish Dogecoin price trend will continue if Dogecoin (DOGE) records more positive ecosystem developments.
Learn more about Borroe ($ROE) here:
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