EOS supporters are bullish, hoping the latest regulatory approval in Japan will help sustain the upswing. For Shiba Inu (SHIB), all eyes are on Shibarium following its relaunch. Supporters expect prices to edge higher as the layer-2 blockchain finds adoption.
Considering investors’ confidence in Borroe.Finance (ROE), most are convinced its native token, ROE, is a superior alternative to leading altcoins.
EOS pinning hopes on regulatory approval for recovery
EOS has been steady following the unexpected crash on Aug. 17. However, many holders expect the latest regulatory approval to support prices, even boosting momentum.
EOS received regulatory approval from JVCEA’s whitelist on Aug. 30, boosting trader sentiment. The coin had fallen sharply following the market crash of Aug. 17. Fortunately, EOS’ momentum rose on Aug. 30 following its regulatory approval in Japan.
EOS was trading at $0.55 on Aug. 17 following the market crash. On Aug. 23, EOS had risen by 7.2% to $0.59 before falling by 1.6% to $0.58 on Aug. 26.
As of Aug. 30, it had gained 8.6%, rising to $0.63. By Aug. 31, however, EOS was trading at $0.61. All the same, traders are bullish, expecting the token to rise 9.8% to $0.67.
Shibarium’s relaunch might support growth
After relaunching on Aug. 28 after facing runtime challenges early this month, Shibarium’s wallet addresses tripled between Aug. 29 and Aug. 30.
On Aug. 29, Shibarium’s wallet address was around 100,000. As demand for the network increased, it tripled to approximately 300,000 a day later. Interestingly, the Shiba Inu network also saw an uptick in transaction count, reaching 520,000 on Aug. 30.
Many analysts expect Shibarium’s rising activity to lift SHIB prices. On Aug. 27, SHIB was changing hands at $0.000008124 but rose 3.5% to $0.000008410 on Aug. 29 – a day after Shibarium was relaunched.
Bulls expect more gains to $0.000009110 as the excitement around Shibarium picks steam.
At this pace, SHIB may rise to be among the top 5 coins by the end of the year.
Borroe.Finance provides decentralized solutions to funding problems
Borroe.Finance offers a solution to the complex issue of revenue financing for web3 companies. Often, these businesses struggle to obtain working capital through traditional financing methods. With Borroe, companies can connect with supportive communities to secure funding through discounted sales of their future revenue.
In this financing model, future invoices like subscriptions, royalties, and management fees can be collateralized and minted into fractionalized non-fungible tokens (NFTs) before being conveniently sold on Borroe’s marketplace.
With Borroe’s platform, users can tailor their fundraising agreements to suit their business requirements. Additionally, Borroe ensures fast loan repayments, ensuring a seamless experience for traders in their marketplace who are also incentivized for their contributions.
Supporters are bullish on the project. In stage 1 of the presale, ROE holders are already up 25%. The token is trading at $0.0125 but will rise 20% to $0.0150 in stage 2.
Learn more about Borroe.Finance (ROE) here:
Visit Borroe presale | Join the Telegram group | Follow Borroe on Twitter
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