Chainlink (LINK) and Injective (INJ) partnered with leading blockchain companies in mid-February. However, these altcoins failed to leverage their temporary price surges into a bull run. On the other hand, savvy investors focused on a hot new token called Borroe Finance ($ROE) in Q1 2024. Keep reading to see expert forecasts and opinions on these tokens.
On February 12, Chainlink released its adoption update through its X channel, and this data revealed that four Chainlink services were integrated across seven top DeFi projects in 2024. These projects include Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, and Polygon. Furthermore, Chainlink also integrated with smaller DeFi companies like Dypius, Origin Protocol, Volley Token, UKISS Technology, Umami DAO, and Paxos.
Despite these new ecosystem partnerships, LINK went bearish in the third week of February. On February 14, LINK traded for $20.04. A week later, LINK lost 5.86% and sold for $18.84. Chainlink is one of the most critical network infrastructures in the blockchain industry, and analysts predict a massive rise in user activity in the coming weeks. If this prediction plays out, LINK could trade for $29.50 before the end of the year.
On February 20, Mito Finance (a new web3 protocol for automated trading, RWAs, launchpads, and token swaps) announced that it has officially launched on Injective’s mainnet. According to the new platform, this launch will begin the best DeFi era yet. On February 21, Mito Finance will have a discord call by 3 PM UTC to discuss the Mito launchpad, QUNT token release on Injective, new vaults, and many more.
Even though Injective recorded ecosystem expansion in February, INJ only saw a minimal price increase. On February 14, INJ traded at $34.90. Seven days later, INJ gained 1.21% and traded for $35.28. According to crypto analysts, INJ will likely rise in Q2 2024 due to the upcoming BTC halving. Injective is a finance blockchain that will likely record an influx of new investors during this period. Therefore, INJ may end up trading for $45.50 by June.
Borroe Finance is the world’s first web3 blockchain invoice discounting NFT marketplace. As a decentralized fundraising platform, Borroe Finance allows web3 businesses to raise instant cash by selling future earnings to supportive communities at discounted prices. Interestingly, savvy investors discovered Borroe Finance in July 2023 and raised over $2.9 million for the platform in less than four presale stages.
Currently, $ROE’s fourth presale stage is over 90% complete, and the token is selling for $0.019. After all presale stages conclude, $ROE will hit the mainstream crypto market and sell for $0.040. As a result of this bullish price movement, $ROE will deliver a massive 110.5% ROI to early investors in 2024. Additionally, experts predict that $ROE will enjoy speedy market adoption and trade for $0.180 before the end of the year.
Learn more about Borroe Finance here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
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