Three months ago, Solana (SOL) and Optimism (OP) were among the best cryptos to buy because they were at the start of a massive bull run that lasted all through Q4 2023. However, that bull run is over, and investors are focusing on new tokens like Borroe Finance ($ROE). Keep reading to see expert forecasts and opinions on these tokens.
$ROE Plans to Deliver a Massive ROI to Investors in 2024
Savvy investors win by acquiring high-potential crypto tokens at their early stages, so they chose to back Borroe Finance in 2023/2024. Borroe Finance is an AI-powered fundraising platform that allows web3 businesses to raise instant cash by selling future earnings at discounted prices. In summary, Borroe Finance offers a new decentralized fundraising utility that pushed investors to raise over $2.4 million for the platform.
Currently, $ROE is in its third presale stage, and the token is selling for $0.0175. At the end of the presale stages, $ROE will hit the mainstream crypto market and sell for $0.0400. As an early $ROE investor, this bullish price movement will give you a whopping 128.6% ROI. Furthermore, experts believe that $ROE will record a quick market adoption, meaning the token may likely trade for $0.1750 by the end of the year.
OP Records Double-digit Price Dip in Early January
Top altcoins entered a massive bull run in Q4 2023, and Optimism was along for the ride. For context, Optimism attracted savvy crypto investors after effecting a massive airdrop that distributed over 48 million Optimism tokens to 88,000 unique wallet addresses. At the time, these Optimism tokens were worth $66.7 million, and representatives of Optimism Governance said its core teams could now concentrate on further airdrops in 2024.
Despite this progressive ecosystem development, Optimism recorded a price dip in the first week of January. On January 1, OP traded at $3.72. OP lost 18.54% within a week and eventually traded for $3.02. According to experts, OP might remain bearish in Q1 2024 because the crypto market is exiting the Altseason, and more investors are buying back Bitcoin to prepare for its April 2024 halving. OP will likely trade for $2.70 by March.
SOL Falls Below $100 After Massive Q4 2023 Bull Run
On January 5, co-founder of Solana, Anatoly Yakovenko, revealed that Solana will continue to focus on scaling its layer one blockchain and creating technology that expands the atomic global state machine. Luckily, investors support Anatoly’s plan for Solana’s future, thanks to SOL’s success in 2023. Solana became one of the best crypto investments in Q4 2023 after rising from below $30.00 in October to over $100 by December 31.
However, Solana bulls eventually grew tired, and SOL recorded a double-digit loss in the first week of January. On January 1, SOL traded at $103.06. SOL lost 16.53% a few days later and traded for $85.92. According to experts, Solana has shown that it is the perfect crypto for long-term investment thanks to visionary leadership and sustained investor interest. Therefore, analysts believe that SOL will likely return to $100 before the end of Q1 2024.
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