As the Borroe presale continues to make airwaves with 37.43% $ROE already sold, this bullish trend is being pushed to other networks, such as XRP and Polygon (MATIC).
Given that more than 35 million $ROE tokens have been purchased, investors are jumping on this bandwagon as price continues to surge. For instance, $ROE is currently retailing at $0.0125 at stage 1, representing a 25% increase from the Beta Stage’s price of $0.01.
The $ROE price is expected to hit $0.015 at the next stage.
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Why is Borroe Important?
Since Borroe is a funding marketplace that is powered by blockchain technology and artificial intelligence, it is accelerating the Web3 narrative.
As a result, it continues to attract investors based on its equitable value-sharing model in the content creation space. For instance, Borroe allows users to mint non-fungible tokens (NFTs) for immediate cash because they are representations of their future earnings.
Since the fundraising process has been marred with irregularities and the lack of transparency, Borroe seeks to be a game-changer through its AI-powered risk assessment. Furthermore, it aims to revamp the NFT marketplace through its seamless discounting and invoicing processes.
With the Web3 wave having set foot as the next internet evolution, creators will be rightfully compensated for their efforts. Therefore, Borroe deploys smart contracts and tokenization for smooth capital raising processes, and the $ROE token is making this a reality.
This explains why the Borroe presale continues to gain steam based on the transformations rendered in the funding marketplace, which is crucial for heightened Web3 adoption.
Through the XRP and Polygon lens
XRP was up by 5.9% in the last 24 hours, with Polygon recording a 2.6% increase during the same time frame, according to data by CoinGecko.
XRP has been the talk of the town thanks to Ripple’s victory against the United States Securities and Exchange Commission (SEC) in a case where it was stipulated that this cryptocurrency is not a security.
With this judgment favoring XRP, more participants are eyeing this market, given that daily transactions on the XRP network have surpassed one million in the last week, according to BitInfoCharts data.
Furthermore, institutional interest in XRP has been ballooning, as evidenced by Fineqia International’s asset under management (AUM) for XRP exchange-traded products (ETP) increasing by 57% from $49 million to $76.8 million.
On the other hand, Polygon continues to trend amid its blockchain being adopted for various use cases. For instance, Maharashtra, a state in India, recently integrated the Polygon network for the seamless verification of caste certificates issued to citizens.
Polygon seeks to revamp its governance mechanism by shifting to Polygon 2.0 and rebranding its token to POL. As a result, some of the proposals include boosting its smart contract governance.
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