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XRP and Cardano (ADA) are trending downwards due to changes in the market and ecosystem. Ripple could lose its legal battle with the US SEC and ADA may remain stable in the first quarter of 2024. Amid this, investors are looking at Borroe Finance (ROE).
US SEC wins court ruling in battle against Ripple
In early February, the US SEC won a court ruling requiring Ripple Labs to publish its financial statements.
As a result, XRP fell. Experts say the coin may continue to fall in February, possibly reaching $0.4750 before its next court session in April.
Is the Cardano bull run coming?
On February 3, a crypto analyst predicted that ADA would rally in April despite the current consolidation.
The analyst points out that the currency follows a price pattern observed at the end of 2020.
In early February, the ADA fell.
On January 30, ADA was trading at $0.5294. Seven days later, ADA price fell by 7.10% to $0.4922.
According to crypto experts like Martinez, ADA could fluctuate between $0.4500 and $0.5500 in the first quarter of 2024 before skyrocketing.
ROE Investors Are Bullish
Finance Borroé has raised more than $2.7 million in the ongoing pre-sale.
The project uses ai to let web3 companies convert future profits into trending NFTs, which they can sell to their communities at a discount.
In stage 4, ROE is trading at $0.019. However, the token will be trading at $0.040 on major exchanges.
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