Binance’s decision to delist Litecoin’s (LTC) perpetual contracts hit the token’s price considerably. On the other hand, Cardano’s (ADA) support of Bitcoin (BTC) wrapping could help support its value in the long term. But, none of them can match Borroe’s ($ROE) performance after it delivered 25% profits in the presale stage, undoubtedly the best cryptocurrency to buy today.
Binance Delists Litecoin’s Perpetual Contracts, LTC Price Staggers
Despite the August 2, 2023, halving event, Litecoin (LTC) has recorded a negative sentiment among crypto enthusiasts recently. Many Litecoin (LTC) whales exited the market and they are yet to return.
Elsewhere, the Binance exchange announced on August 17 that it would delist Litecoin’s (LTC) perpetual contracts. The actual delisting happened on August 24, a week after the announcement, enabling Litecoin (LTC) traders to exit their positions.
Notably, Binance’s decision hurt Litecoin’s (LTC) price and trading volume as investors rushed to close their positions. From August 17 to August 21, Litecoin’s (LTC) price lost 11% of its value, plunging from $74.42 to $66.19. In addition, Litecoin’s (LTC) trading volume dipped from $705.46 million to $364.32 million.
But since it is a high utility token, many investors are buying the dip enabling Litecoin (LTC) to post a slight recovery. Analysts expect Litecoin (LTC) to rise to $72.55 by the end of 2023 powered by increased demand from investors seeking high utility investments making it a good crypto to buy today.
Cardano (ADA) Now Supports Bitcoin Wrapping
Being one of the top cryptocurrencies, Cardano (ADA) continues to polarize. Cardano’s (ADA) co-founder, Charles Hoskinson, often makes headlines for insisting that Cardano (ADA) will surpass Bitcoin and Ethereum in the long term.
Hoskinson recently said Cardano (ADA) is here to stay after critics declared its downfall when the US SEC referred to it as a security in the case against Ripple.
On the other hand, market data suggests that there is a drop in Cardano’s (ADA) usage. Based on Artemis, active addresses, daily transactions, and total value plunged in the last two months.
But Cardano (ADA) keeps being innovative. On August 8, 2023, Cardano (ADA) confirmed that it is now possible to ‘wrap’ Bitcoin on its platform using anetaBTC. This advanced development aims to help Cardano (ADA) capitalize on Bitcoin’s multi-billion-dollar liquidity.
Analysts believe Cardano (ADA) will turn bullish, powered by this development, to trade at $0.42 by the end of 2023.
Borroe ($ROE) Dominates The Web3 Funding Space, Its Price Increases
Undoubtedly, Borroe ($ROE) stands as the pioneering decentralized fundraising marketplace globally. Accurately designed to address short-term liquidity hurdles within the Web3 space, Borroe ($ROE) presents an unparalleled strategy for Web3 participants to quickly secure essential funds whenever they need them.
In this context, Borroe ($ROE) lets users convert upcoming payments, such as subscriptions and royalties, into non-fungible tokens (NFTs), which they can sell at discounted rates to supportive communities.
Investors who have confidence in these Web3 brands can purchase these invoice NFTs to help fund their favorite platforms and gain increased access.
To ensure a seamless and secure fundraising process for the Web3 participants, Borroe ($ROE) incorporates effective payment solutions, AI risk assessment strategies, and blockchain technology into its protocol.
Presently, Borroe ($ROE) is in Stage 1 of its presale, with a value of $0.0125. Within this stage, over 55 million Borroe ($ROE) tokens have already been sold out of the 70 million listed tokens.
At the end of the presale, Borroe ($ROE) will be listed on established cryptocurrency markets valued at $0.0400. Accordingly, early Borroe ($ROE) investors can expect massive returns on their investment. Thus, Borroe ($ROE) is the best crypto investment in the current bearish market.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.