Analysts are trying to predict what tokens can rally in the crypto winter that started on August 17. THORChain (RUNE) and Shiba Inu (SHIB) are being considered, especially because of their recent protocol upgrades.
While Shiba Inu (SHIB) is gearing up to relaunch Shibarium, THORChain (RUNE) hopes to increase network activity with a new lending protocol.
Both tokens show good prospects, but investors agree that Borroe’s ($ROE) recent 25% increase shows it’s a better contender for the best blockchain ICO. Will Borroe ($ROE) prove investors right?
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THORChain (RUNE) Community Excited over New Interest-Free Lending Protocol
On August 21, THORChain (RUNE), one of the largest decentralized cross-chain liquidity protocols, announced the launch of an interest-free lending platform. This update allows users to leverage layer-1 assets like Bitcoin or Ethereum to secure loans in TOR or another USD equivalent stablecoin.
THORChain’s (RUNE) lending protocol will encourage borrowers to hold on to their loans for long periods via the absence of interest rates. It is also free of liquidations. Rather, if the collateral falls below the loan value, it is treated as equity.
As expected, the excitement around THORChain’s (RUNE) new lending protocol is already reflecting in its market performance. Ironically, the crypto market crashed on August 17, but THORChain’ (RUNE) bullish momentum wasn’t affected.
THORChain (RUNE) was trading at $0.93 on August 9. It rose gradually, rising by an incredible 90.3% to $1.77 on August 21 – shortly after THORChain’s (RUNE) new lending protocol went live.
Experts say it could increase by another 24.4% to $2.09 if it maintains its bullish momentum.
Shiba Inu (SHIB) Gears Up For A Public Restart of The Shibarium Network
Popular meme token, Shiba Inu (SHIB) is working around the clock to restart its recently launched Shibarium network. On August 16, the Shibarium mainnet went live. The project was highly anticipated by Shiba Inu’s (SHIB) holders, leading to the creation of over 21 million wallets while Shibarium was still in its testing phase.
Unfortunately, the excitement became marred by network issues, leading to a temporary block production halt on August 17.
Shiba Inu’s (SHIB) lead developers then spent the next few days testing the network’s parameters to prevent a repeat of its network issues. Some analysts say Shibarium’s reopening is key to maintaining the positive investor sentiment it had acquired.
Shiba Inu (SHIB) was trading at $0.00001119 on August 12. It fell by 29.2% to $0.000007913 on August 17 as Shibarium was forced to pause its block production. The crypto market also crashed on August 17, further worsening Shiba Inu’s (SHIB) market fall.
Analysts say it could rise by 12.7% to $0.000008999 when the crypto market recovers.
Borroe ($ROE) Holders Gear Up For A 300% Increase
Early investors in Borroe ($ROE) Finance are the happiest in the crypto market thanks to its projected 300% increase, making it the best crypto to invest in now. Borroe ($ROE) is all about creating better access to revenue financing opportunities for businesses and creators in the Web3 space.
The platform eases the process of raising short-term capital by providing a comprehensive marketplace to connect buyers and sellers of “revenue finance.” Borroe’s ($ROE) marketplace incorporates AI technology to boost the safety of its platform and extended loans.
Sellers are free to add discounts and special rewards to increase the attractiveness of their fundraising requests. Borroe ($ROE) ensures instant funding when loan requests are granted. Both buyers and sellers also enjoy low fees and fast transactions thanks to Borroe’s ($ROE) use of Polygon blockchain technology.
Other rewards include special notifications on the latest fundraising requests and discounts on transactions and marketplace fees.
Borroe’s ($ROE) presale is progressing smoothly. It moved from its Beta Stage to Stage 1 of its presale with a 25% increase, from $0.010 to $0.0125. By the next stage of its presale, Borroe ($ROE) is expected to reach $0.0150, rising by 50% from its initial price.
Considering the forecasts, Borroe ($ROE) is poised to become one of the top ICO investments of 2023!
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