The many happenings in the cryptocurrency ecosystem indicate that the bearish season is over, and the bulls are in, especially for bitcoin. Enthusiasts hope that 2024 and maybe 2025 will see BTC hit new all-time highs (ATH). However, bitcoin is not the only crypto asset with analysts analyzing its future outcome. Altcoins like Decentraland (MANA) and Borroe Finance ($ROE) are also in their outlook, as the latter has raised over $2.4 million in its ongoing presale.
Bitcoin Bulls on the Run and Others With It
As hoped, Bitcoin kicked off the New Year on a bullish note and has proven itself as the pioneer crypto and dragged some altcoins into the run. This means many cryptocurrency investors and traders who had these digital assets on HODL are smiling at their portfolios.
While this is a significant development, some blockchain experts have warned investors to avoid past mistakes that caused disappointments. Many will become unprepared crypto investors due to a fear of missing out and are warned to stick to the ‘Investment Thesis’ if they are interested in successful wealth creation.
However, the approaching halving event is causing a mini-frenzy as it is one of the most awaited events in the space. Will BTC beat its previous ATH of $69,000? Time will tell. As of this writing, BTC was $44,907, with a price rise of 1.1% in 24 hours and 5.6% in 7 days.
Using data from prior years, one can deduce the movement for BTC. Can the same be done for MANA?
$ROE and the Future of Web3
Another altcoin drawing the attention of analysts is the token of Borroe Finance, $ROE.
$ROE might soon become one of the viral token launches to make the crypto news as investors enter the ongoing presale stage. The question is, why?
One reason investors bank on the future of $ROE is the completed and successful audit of the now-publicized smart contract by BlockAudit and the project team members.
With Michael Price and Maxim Prishchepo at the helm of affairs, their combined knowledge and decades of experience in IT strategy, blockchain, DeFi, financial services, payment, fintech, crypto sector, blockchain and AI development come into play, leading to one of the best projects in the space.
Contrary to the marketing strategies employed by many crypto projects and blockchain developers, Borroe Finance is about more than just making $ROE one of the celebrity-endorsed coins. Instead, the project offers a solution for the Web3 space, helping its creators grow their businesses with little or no struggles when it comes to raising funds.
Instead of finding ways to fit into traditional financing options, Web3 creators can take advantage of the Borroe Finance ecosystem and its marketplace by minting NFTs that represent future and outstanding revenue streams and selling them at a discount. This provides them with upfront revenue streams.
The Borroe Finance platform is AI-driven and automatically manages and assesses risks for creators and investors.
This added solution to the cryptocurrency space not only boosts mainstream adoption but has also given alternative investment options to many early adopters. At 98.11% completion of stage three of its presale, $ROE is selling for $0.0175. This price will go up to $0.019 by stage four.
MANA and Its Future
Decentraland is a decentralized metaverse that its users build. Not only that, it is also owned and used by them. It is a software leveraging the Ethereum blockchain to track ownership of its digital real estate parcels, known as LAND tokens. Its native token is MANA, an ERC-20 token used to engage the ecosystem.
Analysts have defined decentraland as an ecosystem offering numerous ways for creatives to monetize their skills. Artists, designers, and even developers can create and sell NFTs in the marketplace.
The NFT creation can include NFT gaming, art, 3D models, and wearables for avatars. This looks like an ecosystem with massive potential for rewards to investors and users. However, the present price of MANA is in the red.
Down by 19.5%, 23.2%, 17.6%, and 5.2% in the past 30 days, 14 days, 7 days, and 24 hours, respectively, MANA was going for $0.4306 as of this writing, with a crypto market cap of $799,141,977.
Only time, NFT collectors, and digital realtors will tell what the future of MANA will be, but the Decentraland metaverse will be an active world.
Learn more about Borroe Finance ($ROE) here: