While the market continues to leap, Polygon (MATIC) has experienced a major setback, dropping its price below $1.00. This has intensified concern among investors. However, one of the new DeFi projects, Borroe Finance ($ROE), has been striding forward in the DeFi landscape. Meanwhile, $ROE has already offered 100% ROI. So, investors are holding tight for $ROE’s thrilling journey to unimaginable profits. Let’s explore more.
Polygon Experiences a Dip
While Polygon witnessed a bullish momentum at the start of March, the third week of the month saw market fluctuations. This loss in momentum made MATIC slip below the $1.00 mark. Moreover, MATIC has nosedived below multiple support levels and the 50-day EMA.
Despite touching $1.27 in mid-March, MATIC has fallen under bearish pressure. As of the third week of March, MATIC was trading at around $0.96. This MATIC price has dropped by 24.40% since its March high. However, analysts forecast that MATIC could bounce from the $0.92 support. So, this support level should be taken seriously in the Polygon community.
Not only that, Polygon has also experienced a serious tumble in its trading volume by more than 37% over the past week. Therefore, technicals showed negative sentiment in the market for Polygon. There was a noteworthy drop in Polygon’s RSI level. Additionally, Polygon’s MACD further confirmed its bearish trend.
Experts were negative on Polygon price prediction. They expect a further decline for MATIC. If Polygon fails to regain its momentum, MATIC might plunge to $0.85 in the coming weeks.
Borroe Finance: Navigating to Unparalleled Growth
With its innovative platform full of ever-praising features, Borroe Finance has become a successful DeFi project since its debut. Regardless of its unavailability in DEX (decentralized exchange), Borroe Finance has ruled the hearts of investors, amassing over $3.3 million in funding.
So, what’s the reason behind Borroe Finance’s success?
Indeed, it’s a novel AI-powered NFT funding marketplace that utilizes the power of state-of-the-art technologies such as AI, NFTs, and blockchain. With the help of these technologies, Borroe Finance helps creators and businesses to successfully raise funds. In fact, it dispels the debacles of traditional financing systems.
For this reason, Borroe Finance has proved to be one of the best DeFi projects. However, at the heart of Borroe Finance lies its governance token – $ROE. Moreover, $ROE deploys token burn strategies and liquidity lock mechanisms to stimulate the market’s demand.
Currently, Borroe Finance is marching on the Stage 5 of its presale. $ROE is priced impressively at $0.02. But that’s not it! Gear up for more surges in $ROE’s upcoming presale stages. Once the presale concludes, $ROE will surge to $0.025. Therefore, another 25% hike is underway once $ROE reaches its final stage.
Experts say $ROE’s hidden potential will spark once it is released on major exchanges. So, this is the right time to invest in $ROE to conquer the fear of missing out.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
