If you are looking for crypto tokens with high ROI potential in 2024, you cannot ignore Solana (SOL), Arbitrum (ARB), and BorroeFinance ($ROE). While Solana (SOL) and Arbitrum (ARB) have always been on the list of best crypto investments, $ROE is just joining that category, and we want to investigate why in this article. Keep reading to see expert opinions and forecasts on these tokens.
SOL Records 76% Price Surge in October 2023
Recently, institutional investors started accumulating Solana (SOL) tokens, and the reason remains unknown. Data from Kaiko revealed that the cumulative volume delta (CVD) coming into Solana (SOL) has risen by more than $1 million on Coinbase. Additionally, Solana’s (SOL) net flow on Binance and Kraken was positive for most of October 2023.
This investor influx was reflected in Solana’s (SOL) price movement in Q4 2023. On October 16, SOL traded at $23. By November 4, Solana (SOL) gained about 76% and traded for $41. According to experts, Solana (SOL) remains one of the best altcoins for investment, and the token may trade for up to $70 in Q1 2024 due to the massive entry of new crypto investors.
Experts Predict Speedy Market Adoption for $ROE in 2024
BorroeFinance is an AI-powered fundraising marketplace that allows web3 businesses to generate short-term liquidity by selling future income.
Now, web3 participants can sign up on BorroeFinance, mint their future income into popular NFTs, and sell them at discounted prices to supportive communities. BorroeFinance ($ROE) has attracted savvy investors, and the platform has already raised $1.45 million at its initial presale stages.
$ROE is selling for $0.015 in its second presale stage. When all presale stages end, $ROE will list on crypto exchanges and sell for $0.040. This price movement will deliver a massive 167% ROI to early investors.
However, analysts have predicted a speedy market adoption for BorroeFinance, which means the token may trade for as high as $0.150 by August 2024.
ARB Whales Come Alive in Q4 2023
According to recent data from Santiment (one of the best cryptocurrency analytics platforms), Arbitrum whales are accumulating more tokens. Between October 2023 and November 2, Arbitrum wallets holding more than 1 million tokens increased their collective balance by 20 million new Arbitrum (ARB) tokens.
As a result of this whale activity, Arbitrum (ARB) gained 20.12% within this period. On October 24, ARB traded for $0.88; by November 4, ARB sold for $1.06. Since whales are still holding on to their Arbitrum (ARB) tokens, analysts believe Arbitrum (ARB) will record another price surge in November and likely trade at $1.50 before month’s end.
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