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The main investment company VanEck believes that Ethereum (ETH) has all the cards to climb the peaks and reach the $11,800 area, thanks to the increased dominance of smart contract protocols.
On the other hand, Borroe Finance ($ROE) is emerging as a fierce competitor to Algorand thanks to its long-term goal of increasing the chances of success in the Web3 sector by eliminating short-term liquidity challenges in this industry.
Borroe Finance redefines revenue financing in Web3
Since traditional fundraising platforms face significant challenges such as boredom and time, Borroe Finance ($ROE) looks at the other side of the coin and addresses these difficulties through its innovative peer-to-peer (P2P) marketplace.
Therefore, Borroe Finance is accelerating decentralized finance (DeFi) by providing Web3 operators with access to immediate short-term capital, as their future earnings already coined as non-fungible tokens (NFTs) are used as collateral.
This makes Borroe Finance one of the best DeFi projects in the cryptocurrency arena thanks to its unconventional approach that aims to stimulate greater innovation in Web3 through the entry of more operators.
Furthermore, Borroe Finance has emerged as one of the viral token launches, as it has already raised over 3.62 million dollars in the pre-sale phase, while the network is preparing for listing on DEX (decentralized exchanges) and CEX.
Borroe Finance is currently in the final stage of its presale journey: each governance token is being sold at $0.02, which represents a 100% return compared to the beta phase.
The launch price in the final stage has been set at $0.025, making it the best cryptocurrency to invest in now.
For this reason, Borroe Finance is not only redefining the Web3 revenue financing sector, but also the general blockchain space thanks to its P2P marketplace powered by CrossFi and artificial intelligence (AI).
AI is useful in the Borroe Finance ecosystem as it facilitates risk assessment, given that scams and frauds are becoming more and more common in the cryptocurrency space. Therefore, Borroe Finance is establishing itself as one of the best cryptocurrencies to invest in.
VanEck has an optimistic view on Ethereum
While Ethereum continues to be a formidable force in the cryptocurrency sector, the second largest cryptocurrency by market capitalization could be gearing up for a significant run based on VanEck’s forecasts.
Based on fully diluted valuation (FDV) calculations and cash flow projections, VanEck believes that Ethereum is ready to surpass the psychological price of $10,000 and reach $11,800 by 2030.
One of the factors that could push the price of ETH to this level is the increase in smart contract protocols that VanEck predicts Ethereum will command 70% of.
VanEck emphasized, “Now we see that ETH network revenues are increasing from an annual rate of $2.6 billion to $51 billion in 2030. Assuming that ETH takes a 70% market share among smart contract protocols, this implies a token price of $11,800 in 2030, which we discount to $5,300 today with a 12% cost of capital derived from ETH’s recent beta. This analysis provides a clear valuation methodology for Ethereum, considering fees, MEV, and Security as a Service.”
Therefore, based on this projection, Ethereum will experience a 225% surge compared to its current price of $3,630, representing a new all-time high (ATH), as ETH reached an all-time high of $4,800 in November 2021.
VanEck has also painted a bullish picture for Ethereum, as it has established that the layer 2 (L2) networks of its ecosystem could reach a valuation of 1 trillion dollars by 2030.
Therefore, Ethereum remains one of the altcoins to keep an eye on based on these positive forecasts.
Find out more about Borroe Finance ($ROE) here:
Visit Borroe Finance’s presale | Join the Telegram group | Follow Borroe Finance on Twitter
*This article has been paid for. Cryptonomist did not write the article nor test the platform.
