Crypto whales are currently making big moves in the market. While a certain Maker (MKR) whale decided to take profit in Q4 2023, Render (RNDR) whales started accumulating tokens for long-term ROI during this period. On the other hand, savvy investors are focused on a new high-potential crypto token called Borroe Finance ($ROE). Keep reading to see expert opinions and forecasts on these tokens.
Maker Whale Takes Profit in November 2023
On November 30, SpotOnChain revealed that a Maker whale recently transferred 4,500 Maker tokens from an unknown wallet to FalconX. According to reports, these Maker tokens were worth $6.91 million at the November 30 price of $1,536.
The Maker whale withdrew the tokens from his Coinbase wallet in 2022. Furthermore, SpotOnChain revealed that this Maker whale has realized an estimated profit of $18.8 million from investing long-term in MKR. Analysts say the Maker whale decided to take profit after MKR gained 17.21% in November.
MKR traded for $1,325 on November 18. By November 30, MKR already surged to $1,553. Analysts say MKR was unarguably one of the best crypto investments in 2023. Therefore, experts expect MKR to hit $2,000 in Q1 2024, thanks to a likely influx of institutional Bitcoin investors leading up to the April BTC halving.
Savvy Investors Back Borroe Finance to Succeed in 2024
Forward-thinking investors are already looking for crypto tokens with high potential for massive ROI next year. Luckily, some found Borroe Finance and invested $1.9 million in its early presale stages. Borroe Finance is the world’s first AI-powered fundraising platform that allows web3 businesses to raise instant cash by selling future digital earnings.
As a decentralized funding platform, Borroe Finance allows you to mint your future earnings into NFTs and sell them at discounted prices to supportive communities. To ensure the safety of the fundraising process, Borroe Finance incorporates AI risk assessment, efficient payment solutions, and blockchain technology into its protocol.
Currently, $ROE is in its third presale stage, and the token is selling for $0.0175. After all presale stages conclude, $ROE will hit the mainstream crypto market and sell for $0.04. According to analysts, early $ROE investors will enjoy a 128.6% ROI when this surge occurs in 2024.
Render Whales Accumulate in Q4 2023
In the first few weeks of Q4 2023, Santiment reported a significant accumulation by crypto wallets holding between 100,000 and 10 million Render tokens. On October 17 alone, these Render whales bought $24.1 million worth of Render tokens (approximately 2.5% of the entire Render token supply).
At the same time, Santiment also revealed that the RNDR supply on exchanges was low, meaning these Render whales likely transferred their holding to cold/unknown wallets. As expected, analysts interpreted this move as a plan to keep Render tokens for long-term ROI.
As a result of this Render whale activity, RNDR recorded a massive price surge in Q4 2023. On November 15, RNDR traded at $2.33. A month later, RNDR gained a whopping 95.64% and sold for $4.53. According to analysts, RNDR is one of the top altcoins predicted to rise alongside BTC and ETH next year. Therefore, RNDR will likely trade for $5.5 by Q1 2024.
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