Despite having an outstanding week for Ethereum Classic (ETC) following speculation surrounding the ETF, Borroe Finance ($ROE) and Celestia (TIA) impressed investors with their dazzling performance. $ROE has been making waves in presale, whereas TIA just reached an all-time high. Will $ROE surpass ETC and TIA? Let’s find out which are the best altcoins.
Ethereum Classic Surges Amid ETF Speculations
Following the approval of Spot Bitcoin ETF by the US SEC on January 10, speculations are going around surrounding Ethereum ETF. Many enthusiasts are anticipating the same positive news for Ethereum ETF, which has driven the Ethereum Classic’s price to skyrocket.
Moreover, Santiment reports that there is a rise in Ethereum Classic’s trading volume. ETC’s trading volume surged by 276%, reaching levels beyond September 2022. On January 10, ETC stood at $20.07. After the news, ETC soared to $32.05 on the very next day, marking an excellent 59.69% gain.
However, ETC again fell by 17.25% and dropped to $26.52 on January 16. As per Ethereum Classic’s technical analysis, ETC has been experiencing bullish momentum. The overall sentiment surrounding the Ethereum Classic is intensely positive. In fact, there was a heavy jump in Ethereum Classic’s RSI level, which made ETC into overbought territory.
Experts on Ethereum Classic prediction speculate that if Ethereum Classic continues its ongoing momentum, ETC could reach $45.00 by the end of 2024. However, $ROE takes the spotlight with its mouth-watering potential growth.
Borroe Finance Is the Emerging DeFi Phenomenon
In the world of DeFi, Borroe Finance has made significant strides since its launch in the last week of July 2023. Borroe Finance, one of the new DeFi projects, is built on the reliable Polygon blockchain.
What’s interesting about Borroe Finance is that its platform pioneers in the CrossFi arena, making a unique fusion of AI with blockchain technology. Moreover, Borroe Finance’s innovative approach to liquidity pools and dApp (decentralized application) is what sets it apart from others.
As an NFT funding marketplace, Borroe Finance helps creators and Web3 active participants generate instant cash by selling their future earnings to supportive communities. Also, Borroe Finance propels the P2P ecosystem to trade discounted invoices NFT easily.
Right now, Borroe Finance is in Stage 4 of its presale. $ROE is currently selling at $0.0190. The next stage will surge $ROE to $0.020. So far, Borroe Finance has already sold over 220 million $ROE tokens. Selling these staggering numbers of $ROE has made over $2.6 million.
Once the presale ends, $ROE will reach its target price of $0.0400. Initial investors on $ROE will accumulate 300% ROI.
All-Time High for Celestia: What’s the Reason?
Celestia has reached its all-time high, hitting the $20.11 mark on January 15, 2024. This significant milestone aligns with the launch of the Celestia airdrop last October. Moreover, Layergg’s report on January 14 revealed that Celestia also recorded more than 300,000 unique wallets.
Despite Celestia trading inside a long-term ascending parallel channel since November, TIA finally bounced in mid-January. Celestia has made a strong breakout from its trading range, which makes TIA poised for a potential pullback. As of January 16, TIA was trading at $19.29, representing a 4.07% dip from its all-time high.
Additionally, TIA’s RSI rose to 73, signifying overbought conditions. This rise implies a potential upcoming trend reversal for TIA. Therefore, analysts suggest that Celestia has reached a point of excess, which makes TIA likely to pullback to $17.50.
However, Ethereum Classic’s enthusiasts are eyeing TIA as one of the top altcoins to watch.
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