Ethereum Classic and Litecoin Investors Turn Their Gaze to an Ascending Cryptocurrency
Ethereum Classic (ETC), and Litecoin (LTC) were among the best cryptos investments in 2023, delivering massive ROI to investors. However, the market for these tokens was quiet in December, and investors shifted their focus to BorroeFinance ($ROE).
BorroeFinance aims to decentralize web3 fundraising, and the platform is succeeding in its early presale stages. Keep reading to see what experts think about these tokens.
ETC Mordor Testnet: Spiral Upgrade Goes Live
Recently, Ethereum Classic Cooperative informed all Node Operators on the ETC Mordor Testnet that it has released the Core-Geth version, thereby setting the activation block for the Spiral network upgrade. Ethereum Classic Cooperative implemented the upgrade on November 7. In other news, Ethereum Classic’s official X account has been restored to the platform after its suspension in early November.
Despite this ecosystem progress, Ethereum Classic stayed quiet in early December. On December 4, ETC sold for $20.30, and a week later, ETC lost 0.63% and traded for $20.23. According to experts, ETC will likely sustain its ranging price movement till the end of the year due to slowing bullish momentum in the crypto market. Therefore, analysts expect ETC to trade between $19.70 and $20.50 till the end of the year.
Savvy Investors Stack Up $ROE in Third Presale Stage
Ethereum Classic and Litecoin are no longer viable investment options in December 2023, and savvy investors are pitching their tent with BorroeFinance. For context, BorroeFinance is a new AI-powered fundraising platform that allows web3 participants to mint their future earnings into trending NFTs and sell them to supportive communities at discounted prices.
Furthermore, $ROE is at its third presale stage, and the token is selling for $0.0175. When all presale stages conclude, $ROE will hit the market and sell for $0.04. Analysts say this $ROE price movement will deliver investors a massive 168% ROI. Subsequently, experts predict another massive $ROE surge thanks to a likely speedy market adoption of the token. Essentially, $ROE may likely trade for $0.175 by December 2024.
Investors Execute Massive LTC Sell-Off in Q4 2023
On December 7, Santiment (one of the world’s best cryptocurrency analytics platforms) revealed that 199,000 crypto wallets holding Litecoin tokens as of November 30 no longer hold any coins. According to Santiment, this is the most significant drop in Litecoin wallet holdings since October 2022, and experts say this sell-off might lead to a sharp decline in price.
Thankfully, Litecoin managed to retain a stable price range in early December. LTC traded for $73.98 on December 4. Seven days later, LTC lost 1.16% and traded at $72.88. According to experts, LTC will likely range between $70.00 and $75.00 till the end of the year due to declining investor interest in the crypto market.
Learn more about BorroeFinance here:
Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter
The post Ethereum Classic and Litecoin Investors Turn Their Gaze to an Ascending Cryptocurrency appeared first on CoinChapter.
Filed under: Bitcoin - @ December 15, 2023 7:00 pm