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Bitcoin Whales Reduce Accumulation, Analysts Expect this AI Altcoin to Skyrocket

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According to data from IntoTheBlock, those massive investors holding over 1,000 BTC aren’t accumulating as heavily during the dips as they used to.

It was expected the recent halving event and the launch of spot ETFs in the US would have these giants foaming at the mouth to stack more tokens. But nope, each Bitcoin discount sale is seeing less whale FOMO than the last. Their conviction seems to be dwindling despite BTC’s potential for explosive growth in this market cycle.

Maybe they’re just suffering from altcoin season after being burned by Shiba Inu token pumps and dog-meme rug pulls one too many times. Or perhaps constantly buying the dip has lost its appeal as a trading strategy. Either way, the whales look hesitant to continue HODLing through the volatility.

 

The Rise of Borroe Finance and Altcoin Supremacy

While Bitcoin’s big players are getting cold feet, a new wave of altcoin innovators is rising – and they might just render the whales obsolete. Say hello to Borroe Finance, the CrossFi platform powered by AI that’s unleashing a tidal wave of liquidity for Web3 projects and creators.

Built on the Polygon blockchain, Borroe Finance essentially lets businesses and individuals cash out on future earnings right now by selling NFTs representing that income stream. 

Using oracles for pricing data and liquidity pools to ensure there’s always buy/sell liquidity, this decentralized app (dapp) solves a huge funding problem for irregular income sources like NFT gaming, writing, art, and more.

With AI algorithms handling the pricing models and token mechanics like token swaps for seamless trading, Borroe Finance blends blockchain utility with cutting-edge tech in a way Bitcoin simply can’t match. Oh, and holders of the $ROE governance token get discounted fees, premium features, and voting rights over the protocol. Talk about incentives!

This novel solution to unlocking liquidity was so sought-after that Borroe Finance’s presale raised over $4.5 million in a matter of days, selling out instantly. Now, the countdown is on for the $ROE airdrop and mainnet launch coming at the end of May, with the token kicking off at an initial price of $0.025.

>>BUY $ROE TOKENS NOW<<

Altcoin Awakening: Why Borroe Finance Flips Bitcoin

Imagine scoring 500% gains in just a few weeks after $ROE goes live. That’s the kind of moonshot potential that has the crypto community drooling over Borroe Finance’s altcoin awakening. Here’s why this project could blow past Bitcoin in the blink of an eye:

  1. Real-World Utility: While BTC remains a speculative asset and “digital gold”, Borroe Finance has actual use cases for businesses, creators, and the burgeoning NFT gaming scene trying to navigate the cash flow headaches of Web3. Its income-streaming solution is revolutionary.
  2. First-Mover Advantage: No other DeFi platforms are doing what Borroe Finance is doing with its CrossFi model, AI pricing, and income NFTs. It’s a true pioneer seizing an untapped market hungry for liquidity.
  3. Community Ownership: Unlike Bitcoin’s shadowy whales, Borroe Finance has a decentralized community of $ROE holders who are incentivized to participate through governance, rewards, and protocol growth. This grassroots support could make its adoption go parabolic.
  4. FOMO and Altcoin Season: Let’s be real, everyone loves chasing that “next big thing” in crypto. While Bitcoin is now seen as a boring boomer coin, altcoins with game-changing tech like AI and NFT utilities are where the kids want to be. FOMO could drive a $ROE frenzy.

>>BUY $ROE TOKENS NOW<<

 

Between the liquidity crisis it solves, AI/blockchain innovation, and the wild upside potential from its low starting price, Borroe Finance is poised to leave Bitcoin’s whales in the dust as a new alt season kicks off.

So sure, keep an eye on those whale games playing out with BTC. But the real money is about to be made in projects like Borroe Finance that are evolving what crypto and DeFi can do beyond just “buy the dip”.

 

Learn more about Borroe Finance ($ROE) here:

Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter 





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Press Release

Fordefi Expands Powering Pintu Web3 Wallet

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Crypto and decentralized finance wallet provider Fordefi said Wednesday it is expanding to the booming Indonesian market with powering local cryptocurrency trading platform Pintu’s web3 wallet offering.

The move is part of Fordefi’s plan to extend its wallet service, mostly used by institutional participants such as Pantera Capital and market maker Keyrock, to exchanges, fintech platforms that serve retail investors.

Pintu’s 20 million users will be able to self-custody their digital assets and access decentralized applications with Fordefi’s tech in the backend, while benefiting from security features such as transaction simulation and risk alerts.

Fordefi aims to make crypto safer with its self-custodial wallet with multi-party computation (MPC) that divides a single private key among multiple parties, eliminating a single point of failure. MPC wallets are harder to hack and make interaction with DeFi apps less risky.

The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its wallet offering. It also raised $10 million from venture capital investors led by Electric Capital earlier this year.

“The lack of security and guardrails in place for retail investors has stifled Web3 adoption,” Josh Schwartz, CEO of Fordefi, said in a statement. “With Fordefi, retailers can leverage the same security infrastructure used by the most sophisticated institutions in the market.”

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN



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When Can Dogecoin (DOGE) Double in Price? Analysts Weigh In

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  • The price of Dogecoin (DOGE) is up 10% in two weeks. Analysts see potential for further gains if it breaks resistance at a certain level.
  • Some essential indicators, such as the RSI ratio, suggest potential for a rally in the short term.

Is DOGE Ready to Soar?

The biggest meme coin in terms of market capitalization – Dogecoin – remains one of the hottest topics in the cryptocurrency sector due to the substantial number of DOGE investors. 

Its price currently hovers at the $0.165 mark (per Coinstats’ data), a 10% spike on a two-week scale.

DOGE Price Chart | Source: Coinstats

 

Multiple analysts believe the uptrend could continue should important price levels be overcome. One person sharing that thesis is the X user, Ali Martinez. 

He claimed that DOGE faces “significant resistance” between $0.166 and $0.171, where 75,000 addresses have accumulated approximately 10 billion assets. 

“However, once this barrier is overcome, DOGE has the potential to double, with the next key resistance around $0.322,” he assumed.

Dogecoin crossed the aforementioned zone a few days ago, and it will be interesting to see whether it can do that again in the following days.

The Crypto Dog and Nebraskangooner also gave their two cents on DOGE. The former acknowledged that the meme coin is “slow and boring” compared to recently emerged cryptocurrencies but maintained it still has a chance to shine. 

“Should be some exciting days ahead, and reckon it will outperform Bitcoin,” the analyst predicted.

Nebraskangooner was bullish, too, forecasting a “meme-pump action soon” as long as DOGE stays above the major resistance zone of approximately $0.16.

What Signals About an Incoming Rally?

One important metric that hints at whether DOGE might experience a price increase in the short term is the exchange netflow. 

Outflows have surpassed inflows in the past 24 hours (according to IntoTheBlock), showing a shift from centralized platforms toward self-custody methods. 

This is considered bullish since it reduces the immediate selling pressure.

Another indicator worth observing is the DOGE Relative Strength Index (RSI). The technical analysis tool is used to measure the magnitude of recent price changes to evaluate overbought or oversold conditions in the market. 

It ranges from 0 to 100, with a ratio above 70 suggesting the asset might be poised for a pullback. The latest data shows that RSI stands at around 49.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN





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Crypto Bridge Protocol, LayerZero, Connects to Solana Blockchain

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Crypto bridging protocol LayerZero is set to expand to the Solana blockchain on Wednesday, adding another route for crypto assets transferring between the Ethereum world and its largest singular competitor.

Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice-versa, Layer Zero Labs, the company developing the bridging protocol, said.

LayerZero is a so-called bridging platform: a messenger between blockchains that don’t naturally communicate with each other. 

Its users moved $6.7 billion worth of cryptocurrencies in the first quarter of 2024, generating $11.5 million in revenue, according to research outfit Messari.

Private venture investors valued LayerZero Labs at $3 billion in a major funding round announced in April. The protocol is expected to issue its own token shortly.

Solana, whose native token $SOL is the fifth-largest cryptocurrency by market cap per Coinstats, has three other major bridging protocols that link it to the far-larger Ethereum ecosystem, most notably Wormhole.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN



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