Pepe ($PEPE) has been struggling to regain its bullish sentiment since it lost it on August 28. As a result, investors are now looking for other options among the new ICOs available. One of the ICOs they have their eyes on is Borroe.Finance ($ROE) – a blockchain-based fundraising marketplace. Additionally, $ROE has been receiving attention from Hedera ($HBAR) holders following its recent drop.
But is Borroe.Finance ($ROE) worth investing in? Let’s take a look.
Pepe ($PEPE) Loses Momentum After Multi-Sig Withdrawal
$PEPE had been bullish since May but $16 million was withdrawn on August 24, 2023, weakening investor trust and reducing its momentum. This happened when the signatures needed to transfer funds from $PEPE’s multi-sig wallet changed. As a result, $16 million was withdrawn by ex-rouge members who then abandoned the project.
$PEPE was trading at $0.0000009441 on August 24 but by September 1, it had fallen by 17.9% to $0.0000007750. Some analysts are predicting that $PEPE could rise by 10.5% to $0.0000009018, so now could be a good time to buy the dip.
Borroe.Finance ($ROE) Creates Efficient Fundraising Platform
Borroe.Finance ($ROE) is a fundraising platform that uses decentralization, asset tokenization, and cryptocurrencies to help businesses fund their operations. It allows users to take loans backed with invoices as collateral, offering businesses the chance to leverage their future and outstanding revenue.
Borroe.Finance ($ROE) lets businesses take loans with conditions that suit them and ensures maximum safety for loan takers. Additionally, businesses get discounts on marketplace fees and transaction costs. Plus, users are rewarded for marketplace contributions and exercising their voting rights.
Borroe.Finance is currently in Stage 1 of its presale and has already seen a 25% increase from its Beta Stage price to reach $0.0125. By the end of its presale, Borroe.Finance ($ROE) is projected to grow by 300% from its Beta Stage.
Hedera ($HBAR) Drops After Staking Upgrade
On August 14, 2023, Hedera ($HBAR) upgraded its staking algorithm. This increased Hedera’s ($HBAR) maximum staking rewards to 2.5% and adjusted its reward emission cap. Plus, the update added more controls to algorithmically govern the reward rate.
Hedera ($HBAR) was trading at $0.056 on August 11 but, after the upgrades, it jumped by 19.6% to $0.067 on August 15. Unfortunately, the momentum didn’t last and, by August 31, Hedera ($HBAR) had fallen by 22.3% to $0.052. This could fall further by 10.4% to $0.043 due to its current bearish momentum.
Learn more about Borroe.Finance ($ROE) by visiting their presale, joining their Telegram group or following them on Twitter.