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Given that JAN3 CEO Samson Mow said bitcoin could reach the million-dollar mark based on inflows triggered by ETFs and historical growth patterns, the viability of this analysis remains to be seen.
Meanwhile, Borroe Finance (ROE) is a web3 protocol that is gaining importance due to its unique approach to revenue financing, and experts maintain that it could surpass Chainlink (LINK) this year.
Borroe Finance offers instant liquidity on web3
The lack of continuous cash flow is detrimental to many businesses, entrepreneurs, and content creators, so Finance Borroé seeks to eliminate this challenge through its nft-based marketplace.
By implementing technologies such as blockchain, artificial intelligence (ai), non-fungible tokens (nft), and smart contracts, Borroe Finance offers web3 players a peer-to-peer (P2P) marketplace so they can gain instant liquidity using their future assets. profits as collateral.
These future income are minted as NFTs for a seamless trading experience. These NFTs can be resold on secondary markets.
By ensuring that immediate liquidity is no longer available, Borroe Finance can help onboard more users.
More than 225 million ROE were sold in its pre-sale, helping the project raise more than $2.6 million.
ROE is a governance token. Holders get access to features like rewards and incentives.
bitcoin Inflows
bitcoin has been seeing significant inflows since the approval of spot bitcoin exchange-traded funds (ETFs) earlier this month.
Bitfinex reports that the first six days of the bitcoin spot ETF saw net inflows worth $33.1 million.
However, despite the significant inflows, btc prices fell to around $41,000.
Some experts predicted that the approval of a bitcoin spot ETF would be a “selling the news” event, and the current price drop seems to confirm this.
It remains to be seen how bitcoin will perform in the short term.
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