Three Cryptocurrencies on the Top of Doubling Their Value: An Investor’s Watch

2023-12-07 13:26:12

If you are looking for the best cryptos to buy for reliable ROI in 2024, experts have recommended BorroeFinance ($ROE)****, Avalanche (AVAX) and Polkadot (DOT). Investors are betting $ROE because of its success in the early presale stages. Similarly, Avalanche and Polkadot attracted investors after recording eco expansions in Q4 2023. Keep reading to see what experts think about these three tokens.

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BorroeFinance Prepares for Massive Price Surge in 2024

BorroeFinance is the world’s first web3 blockchain invoice discounting NFT marketplace. As a decentralized AI-based fundraising platform, BorroeFinance helps web3 businesses raise instant cash by selling future income to supportive communities at discounted prices.

To ensure the safety and security of the fundraising process, BorroeFinance employs AI risk assessment, blockchain technology, and efficient payment solutions in its protocol.

Savvy investors already invested over $1.8 million for BorroeFinance in 2023, and $ROE is ready to deliver a triple-digit ROI in 2024, thanks to growing investor interest.

Currently, $ROE is selling for $0.0175, which will increase to $0.040 after the presale stages conclude. Early $ROE investors will subsequently record a 167% ROI, and $ROE will deliver far more when the general crypto market accepts the token as quickly as anticipated.

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Avalanche Records Spike in Transaction Volume

On December 2, Wu Blockchain (a leading on-chain tracking platform) revealed that Avalanche’s transaction volume increased by 167% in November. Furthermore, Avalanche’s transaction volume hit $2.73 billion for the first time since July 2022. Additionally, IntoTheBlock revealed that 66% of Avalanche investors are in the green profit zone as of December 2. Apart from Avalanche, top altcoins like SOL recorded a surge in transaction volume. As a result of an increase in investor activity, AVAX surged in November.

On November 5, AVAX traded at $12. A few weeks later, AVAX gained 78.58% and traded for $21 on December 4. Most analysts believe AVAX is headed for a triple-digit price surge thanks to positive on-chain indicators. Avalanche will likely trade for $24 and above before the end of the year.

DeFi Meets TradFi as Polkadot Makes Strategic Investment

On November 30, the Polkadot Web3 Foundation announced they plan to invest $1 million in US treasury bills.

According to reports, this Polkadot investment will be tokenized on a Centrifuge-supported asset manager called Aneomy. Aneomy is one of the few DeFi companies that offer decentralized autonomous organizations (DAOs) and other crypto investors access to returns from 90-day US treasury bills.

Polkadot is bullish in Q4 2023, and DOT gained 8.48% in the first week of December. On November 30, DOT traded at $5.17. Five days later, DOT surged and traded for $5.61. According to experts, Polkadot bulls are still active in December, and we may likely see DOT trade for $6.10 before the end of the year.

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