While Ethereum (ETH) witnessed the pump following the whale’s brave move, Immutable (IMX) achieved a two-year high. ETH and IMX were riding high, gaining a significant uptick. Meanwhile, investors are focused on one of the new DeFi projects, Borroe Finance ($ROE). Moreover, investors eye $ROE for real-life utility and massive returns. Let’s find out more.
Ethereum Sees Huge Boost Following Whale Move
Ethereum has experienced an impressive surge in demand since February 2024. As per Lookonchain, the Ethereum whale made notable movement, withdrawing 39,900 ETH worth $99.5 million from different exchanges since February 1 and borrowing 56.8 million DAI from Spark.
The goal of whale was to increase their ETH holdings and profits while paying little interest on the loans. With massive whale movement, Ethereum has witnessed a huge ETH price boost. On February 1, ETH stood at around $2,250.Â
Following the Ethereum whale’s brave move, ETH climbed to around $2,650 on February 13. This has marked a gain of over 17% for ETH between the time frames.
According to Ethereum’s technical analysis, there has been a consolidation phase below the $2,700 resistance. However, ETH has held its support above $2,500. Experts say if Ethereum exceeds resistance, ETH could climb to $2,850. In fact, they say that Ethereum might even prepare for a rally to $3,000.
Immutable Hits Two-Year Peak Milestone
On February 13, 2024, Immutable surged to a two-year high of $3.13 amidst intense bullish market sentiment. February has been filled with ecstasy and excitement among Immutable holders and investors. With its impressive gains, Immutable has emerged as the highest gainer among top cryptocurrencies by market cap.
Overlooking the current situation in the market, Immutable has been experiencing a bullish trajectory. On February 1, IMX was trading at $1.92. Since then, IMX has started trading green candles, making higher highs. Moreover, IMX registered a two-year peak, representing an incredible 63.02% uptick.Â
This surge has propelled IMX’s market cap beyond $4 billion. Amid this rally, Immutable’s technical indicators show positive sentiment in the market. Moreover, there was a significant jump in IMX’s RSI level, showcasing bullish territory. Immutable traded above the 200-day EMA, so IMX displayed a breakout above the strong resistance level.Â
Analysts say that if Immutable breaks its next resistance at $3.90, IMX will chase $4.30. This prediction makes IMX a good crypto to buy.
Investors Interest Surges Towards Borroe Finance
In today’s world, Borroe Finance has become a focal point in the crypto space. With its massive success in presale, Borroe Finance has been making shocking waves as a decentralized AI-powered funding marketplace.
Most importantly, Borroe Finance allows Web3 businesses and players to raise immediate cash by minting their future earnings and invoices into the most popular NFTs. Consequently, those NFTs are sold at discounted prices to supportive communities through the P2P ecosystem.
At the core of Borroe Finance lies its governance tokens, $ROE. Moreover, $ROE deploys liquidity lock mechanisms and token burn strategies. With time, these strategies will create $ROE’s demand in the crypto market.
So far, Borroe Finance has already raised over $2.8 million. More than 234 million $ROE tokens are already sold. Therefore, savvy investors are having a fear of missing out as $ROE is closing another presale stage shortly. Currently, $ROE is priced at $0.019 at Stage 4 of the presale.
As soon as the presale ends, $ROE will be released on DEX (decentralized exchange) at $0.040. With this $ROE price bump, initial investors will enjoy a 300% surge. Buy now before the $ROE price increases.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
