As the market anticipates Litecoin’s (LTC) halving event, the token unexpectedly recorded huge price dips in July 2023. In another story, Bitcoin (BTC) whales are diversifying their portfolios and selling off huge portions of their holdings. The only crypto token investors can trust for steady ROI is Borroe ($ROE). Borroe ($ROE) recently sold 25 million tokens in the Beta presale stage and surged 25% shortly after.
On August 2, 2023, Litecoin’s (LTC) four-year halving event will take place. During this halving event, the rewards for Litecoin (LTC) miners will reduce from 12.5 Litecoins (LTC) to 6.25 Litecoins (LTC). This slash in mining rewards means Litecoin (LTC) will become scarcer and more valuable in the coming days.
Historically, Litecoin (LTC) halving is preceded by an extended bull run for the token. However, this year is different. Litecoin (LTC) traded at a one-year high of $113.70 on July 3. Shortly after, Litecoin (LTC) started a bear run that sent the token to a current price of $94.60 on July 30.
Litecoin (LTC) lost 20.2% in July 2023, and analysts are watching how the market will react after Litecoin’s (LTC) halving event.
Glassnode recently reported that whale-to-exchange Bitcoin (BTC) inflow significantly increased in July 2023. According to data on the platform, whale-to-exchange inflow increased from 5,000 Bitcoins (BTC) to 6,500 Bitcoins (BTC) daily. Also, Bitcoin’s (BTC) dominance decreased from 51.1% to 48% in July. All these metrics indicate that Bitcoin (BTC) whales are selling off their Bitcoins (BTC) and opting for more viable investment options.
Bitcoin (BTC) has fallen from its 2023 high of $31,660 on July 13 to a current price of $29,395 on July 30. This price movement signifies a 7.7% loss in the crypto’s value over the last two weeks. Analysts now believe only a significant ecosystem development can send Bitcoin (BTC) into a bull run. Furthermore, investors are waiting on the decision of the US SEC on the Spot Bitcoin (BTC) ETF applications.
Borroe ($ROE) is an AI-powered funding marketplace built for web3 participants and content creators looking to generate instant cash. Borroe ($ROE) users can mint their future subscriptions, royalties, invoices, and digital payments into NFTs and sell them to supportive communities at discounted prices. As a Borroe ($ROE) user, you enjoy low transaction fees, high scalability, privacy, and much more.
After Borroe ($ROE) successfully sold out 25 million tokens at the beta stage, it emerged as one of the best-performing new cryptos in Q3 2023. Currently, Borroe ($ROE) is at its first presale stage, and the token is selling for $0.0125. When Borroe ($ROE) enters its second presale stage in a few days, the price will jump to $0.0150.
After all presale stages are complete, Borroe ($ROE) will hit the mainstream crypto market, sell for $0.0400 and deliver a massive ROI to early investors.
Learn more about the Borroe ($ROE) presale here:
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