AI-powered altcoin raises more than $1.5 million in presale and could be bigger than Dogecoin

November 27, 2023 04:11 PM GMT | By Invezz
 AI-powered altcoin raises more than $1.5 million in presale and could be bigger than Dogecoin
Image source: Invezz

As one of the best DeFi projects, BorroeFinance ($ROE) seeks to reshape the Web3 sector by making the fundraising process seamless and tech savvy, and this could push its value to the level of Dogecoin (DOGE), the largest memecoin.

Security is top of mind for BorroeFinance

Since the lack of a robust security system in the crypto space has triggered numerous breaches, BorroeFinance ($ROE) has gone a notch higher by incorporating groundbreaking technologies, such as blockchain and artificial intelligence (AI), in Web3 revenue financing.

Therefore, BorroeFinance has emerged as one of the best DeFi coins that renders AI-powered risk assessment and blockchain-based transactions on its marketplace, which links revenue buyers and sellers in the Web3 industry.

The network’s innovative offering allows Web3 players the capacity to access instant funds by using their future incomes as collateral.

Specifically, these future earnings are minted as non-fungible tokens (NFTs) for a smooth trading experience on the marketplace, and this makes a strong case for BorroeFinance being one of the best cryptos to buy.

Furthermore, the loans are tailored to meet user’s needs because they are customizable. BorroeFinance also enables their instant repayment, making the NFT-based marketplace efficient in the Web3 fundraising process.

AI comes in handy in determining the credit scores of BorroeFinance users, and this is instrumental when it comes to loan eligibility. This out-of-the-box approach is pushing BorroeFinance’s position on the top decentralized cryptocurrency list.

Therefore, BorroeFinance is stemming out as one of the best cryptos to buy now, as evidenced by the fact that at least $1.5 million has been raised at the presale level. This shows significant investor confidence because BorroeFinance has a long-term objective of lowering the barrier to entry in the billion-dollar Web3 sector.

Through its governance token called $ROE, BorroeFinance is onboarding more players in the Web3 sector by tackling the short-term liquidity challenge, illustrating that it is one of the best altcoins.

Dogecoin makes a bullish crossover

Dogecoin recently experienced a bullish crossover after the 50-moving average (MA) rose above the 200 MA. Therefore, this was the confirmation of a golden cross, painting a bullish picture because this pattern materializes when a short-term MA crosses a long-term one.

The golden cross develops during a long-term bull market, illustrating that an uptrend is on the horizon for DOGE.

Dogecoin’s network activity has also been skyrocketing based on an 87% increase from the beginning of November, according to IntoTheBlock data.

Source: IntoTheBlock

Therefore, active DOGE addresses have been going through the roof as more participants jump on the network.

As the largest memecoin with a market cap of $10.6 million, Dogecoin continues to enjoy notable momentum based on a 16.9% gain in the past month, according to CoinGecko. DOGE’s continued trajectory as a top ten cryptocurrency is also showcasing a potential bright future.

If you want to learn more about ROE visit BorroeFinance presale or join their Telegram group.

The post AI-powered altcoin raises more than $1.5 million in presale and could be bigger than Dogecoin appeared first on Invezz


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