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Leading crypto platforms have recently attempted to make their tokens more attractive to investors. For example, Avalanche (AVAX) recently organized and supported events in South America and Africa. Similarly, Injective (INJ) is implementing token burns to make it more valuable, while Borroe Finance ($ROE) plans to revolutionize web3 fundraising. Keep reading to see expert forecasts and opinions on these tokens.
Borroe Finance: Bridging the Short-term Liquidity Gap Through AI
One constant problem that has slowed the growth of the web3 industry is the lack of access to flash loans and short-term liquidity. Luckily, Borroe Finance solved this problem by providing an AI-powered fundraising marketplace where web3 businesses can raise instant cash directly from their audience by selling future earnings at a discount. So far, savvy investors have raised over $2.8 million for this new high-utility project.
$ROE’s fourth presale stage is currently over 88% complete, and the token is selling for $0.019. At the end of all presale stages, $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 Borroe Finance investors in 2024.
Avalanche Foundation Goes Global in 2024
On February 6, the Avalanche Foundation announced that the next Avalanche Summit will be held in Buenos Aires, Argentina, in October. This summit will feature leading web3 experts from around the globe, and sponsorship applications will also be granted. In other crypto news, Fonbnk will host the African Tech Summit later this year, and Avalanche will ensure seamless tipping for catering staff during the event.
The crypto community is anticipating these events, and some AVAX investors have decided to HODL AVAX, leading to a price surge for the token. On February 8, AVAX sold for $39.89. A week later, AVAX gained 6.89% and sold for $42.66. According to crypto analysts, Avalanche’s attempt to break into international markets will likely result in a net positive. As a result, experts have predicted that AVAX may trade for $55.50 by the end of the year.
Injective Schedules Another Token Burn
On February 15, Injective will burn 6,200 INJ tokens. According to the finance blockchain, over $200 million worth of Injective tokens have been burned to date, and the platform will add another $214,500 with this recent burn. Furthermore, INJ 2.0 has enabled all ecosystem DApp (decentralized application) to contribute to the auction. According to experts, token burn strategies like this allow tokens to remain scarce and valuable.
As a result of these ecosystem developments, Injective recorded a minor price surge in mid-February. On February 8, INJ traded for $33.47. Seven days later, INJ gained 3.90% and sold for $34.66. According to crypto analysts, Injective might be one of the best crypto investments in 2024 due to recent token burns and ecosystem expansions. Therefore, INJ may trade for $45.50 by the end of the year.
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*This article was paid for. Cryptonomist did not write the article or test the platform.
