Shiba Inu’s ($SHIB) marketing manager tells us what’s next after the Shibarium network has surpassed one million wallets. Elsewhere, ThorChain’s ($RUNE) “no-interest” lending protocol is generating a lot of attention. Likewise, Borroe.Finance ($ROE) – a blockchain ICO dedicated to providing fundraising solutions, is sharply becoming more popular. Out of the three tokens, what token can join the top altcoins of 2023? Let’s find out what the market thinks.
Shiba Inu ($SHIB) Holders Expect A Drop In Circulation
On August 30, a Shiba Inu ($SHIB) marketing officer, Lucie, suggested that more token burns would come soon. Lucie further said that Shiba Inu’s ($SHIB) deflationary nature guaranteed that its circulating supply would drop. However, she didn’t mention if it would increase Shiba Inu’s ($SHIB) price.
Shibarium is designed to burn significant amounts of Shiba Inu ($SHIB) from gas fees paid in $BONE. The move would see trillions of $SHIB tokens listed in Inferno wallets. The talks of $SHIB token burns comes as Shibarium’s popularity is steadily rising. On September 1, Shibarium wallets had surpassed one million.
Shiba Inu ($SHIB) traded at $0.000008371 on August 29 as Shibarium’s users grew sharply. It dropped by 5.7% to $0.000007888 on September 1. A day later, Shiba Inu’s ($SHIB) marketing officer hinted at future token burns.
Experts say it could rise by 12.2% to $0.000008765 due to Shibarium’s rising network activity.
ThorChain ($RUNE) Holders Point Out To The New Lending Protocol
On August 13, 2023, ThorChain ($RUNE) announced the launch of a new interest-free lending protocol. This ThorChain ($RUNE) lending protocol would allow leveraging Bitcoin and Ethereum for interest-free loans in TOR or an equivalent stablecoin.
Standout features of the lending protocol include absence of interest rates and liquidations. ThorChain ($RUNE) has implemented mechanisms that allow users to hold on to loans for as long as possible. This helps boost liquidity in the DeFi industry.
Following the launch of the lending protocol, ThorChain ($RUNE) has been on a sharp increase.
ThorChain ($RUNE) was trading at $0.95 on August 7. It jumped by 56.8% to $1.49 on August 16 – 3 days after its lending protocol was launched. ThorChain ($RUNE) remained bullish, rising by 2.5% to $1.53 on August 30.
Analysts expect ThorChain ($RUNE) to rise by 25.3% to $1.93 when the DeFi industry turns bullish again.
Borroe.Finance: Helping Web 3.0 Businesses Solve Funding Challenges
The Web 3.0 business landscape is rapidly expanding. Yet, it is bogged down by the difficulty associated with raising short-term capital, especially for smaller businesses. Here’s where Borroe.Finance comes into play.
Borroe.Finance ($ROE) is a Polygon-based solution that provides a decentralized marketplace for raising funds. It incorporates NFT technology and AI risk technology to create a smooth fundraising process.
Businesses that need short-term capital can raise funds by collateralizing their future and outstanding revenue. The collateralized revenue is then minted in fractionalized NFTs before being auctioned on Borroe.Finance ($ROE) marketplace.
Buyers of these NFTs provide funds to businesses that need revenue. Risk assessment on Borroe.Finance ($ROE) is done by Artificial Intelligence, thus easing the process for investors.
Furthermore, Borroe.Finance’s ($ROE) collateralized NFTs can be customized to fit loan terms that best suit businesses. Borroe.Finance ($ROE) also allows businesses to raise funds in several fiat currencies and over 100 cryptocurrencies. Users also get access to several payment solutions, which further eases Borroe.Finance’s ($ROE) fundraising process.
Borroe.Finance ($ROE) could become one of the top DeFi projects following its recent 25% price increase. It was trading at $0.010. Borroe.Finance ($ROE) then rose to $0.0125 as it entered Stage 1 of its presale. When Borroe.Finance’s ($ROE) presale ends, it is projected to reach $0.040 – rising by 300% from its original price.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
