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Shiba Inu (SHIB) and Dogecoin (DOGE) are popular meme coins that attract investors looking for a complete cryptocurrency portfolio. However, a newcomer, Borroe Finance (ROE), is attracting investors, having raised more than $1.9 million in the ongoing pre-sale.
SHIB burns spark discussion
On December 15, DaVinci, the administrator of the Shiba Inu Discord channel, addressed community questions about SHIB delayed burning.
According to a Telegram post on Shibarium, DaVinci assured that the planned burning of 25 billion SHIB could still occur at any time, emphasizing the developer team's dedication to organizing the burns.
Despite the delay, SHIB rose 3.37% in the second week of December.
On December 9, SHIB was trading at $0.00001016 and a week later, it rose to $0.00001054.
Analysts attribute SHIB's positive performance to renewed investor interest in meme coins.
The bullish trend is expected to continue, with SHIB forecast to trade at $0.00001590 in the first quarter of 2024.
Borroe Finance: Closing the short-term liquidity gap on web3
Due to its decentralized structure, traditional financial institutions are often hesitant to adopt the web3 industry.
To bridge this gap, the developers introduced Borroe Finance, an ai-powered fundraising platform.
Finance Borroé facilitates easy access to short-term liquidity for web3 companies, allowing them to convert future profits into NFTs and sell them at discounted prices.
ROE is currently in its third pre-sale stage, available at $0.0175.
After the pre-sale, ROE will be trading on major crypto exchanges at $0.04.
Analysts anticipate a substantial increase of 128.6% in 2024, which will deliver significant early ROE returns.
Furthermore, predictions indicate rapid market adoption, with ROE potentially reaching $0.1750 by December 2024.
Dogecoin surged double digits in Q4 2023
Earlier this year, the Dogecoin Foundation sought to register the name “Dogecoin” to establish it as a proprietary asset.
The application was submitted to the United States Patent and Trademark Office (USPTO).
However, a leaked USPTO email dated December 13 revealed that the application was abandoned due to a lack of action and follow-up by the Dogecoin Foundation.
Despite this development, DOGE has maintained its market strength in the fourth quarter of 2023.
On November 16, DOGE was trading at $0.07928.
It then rose by 19.10% in a few weeks, reaching $0.09422.
Analysts anticipate a general bull run in the cryptocurrency market in the first quarter of 2024, driven by the possible approval of bitcoin spot ETFs.
DOGE is likely to rise alongside major altcoins, potentially trading at $0.14550 next year.
Learn more about Borroe Finance here:
Visit the Borroe Finance pre-sale | Join the Telegram group | Follow Borroe Finance on X
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