According to crypto experts, 2024 will be an eventful year for Bitcoin, and hard forks like Bitcoin Cash (BCH) will likely experience high volatility next year. Most investors believe this volatility will be mostly bullish thanks to an upcoming BTC halving and the likely approval of BTC Spot ETFs. On the other hand, savvy investors raised over $2.2 million for Borroe Finance ($ROE) in H2 2023. Keep reading to see what experts think about these tokens.
Bitcoin Cash Surges Amid Return of Whales
As one of the first hard forks of Bitcoin, whatever affects Bitcoin often directly impacts Bitcoin Cash. Recently, rumors broke that the US SEC plans to approve BTC Spot ETFs by Q1 2024 following reapplications from BlackRock, GrayScale and other DeFi companies.
This positive news led Bitcoin Cash whales to accumulate BCH tokens in Q4 2023. According to Santiment, wallet addresses holding between 1,000 to 10,000 Bitcoin Cash tokens in Q4 2023 increased their holdings by 90,000 tokens (approximately $20 million) in October.
Furthermore, experts suggest that Bitcoin Cash whales accumulated BCH to take advantage of the upcoming BTC halving in April 2024. For context, BTC will likely record a massive price surge in Q1 2024 due to this four-year halving, and Bitcoin-related top altcoins like BCH and BSV will likely surge alongside the world’s most dominant crypto.
2023 closed positively for Bitcoin Cash, and BCH recorded a double-digit surge in the last week of December. On December 24, BCH traded for $232. A week later, BCH gained 13.77% and sold for $263. According to analysts, BCH will likely trade for $300 in Q1 2024 due to the upcoming developments in the Bitcoin ecosystem.
Savvy Crypto Investors Purchase $ROE As Third Presale Stage Comes to an End
Savvy crypto investors win by consistently investing in high-utility tokens at their early stages. Recently, these forward-thinking investors found a new decentralized fundraising platform called Borroe Finance and raised over $2.2 million for the platform in the second half of 2023.
Borroe Finance is an AI-powered fundraising marketplace that allows web3 businesses to raise instant cash by minting future subscriptions, invoices, and royalties into trending NFTs and selling them to supportive communities at discounted prices.
Aside from providing instant funding to web3 participants, Borroe Finance offers low-risk investment and anonymity to lenders on the platform. Furthermore, Borroe Finance provides a simple fee structure and total cost transparency to all parties involved in the fundraising process.
$ROE’s third presale stage is over 91% complete, 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. Analysts say this $ROE price movement will deliver a massive 128.6% ROI to early $ROE investors in 2024.
Learn more about Borroe Finance here:
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