Market watchers have observed three top crypto coins en route to their zeniths as the bull cycle rides on. Amid recent challenges, Borroe Finance ($ROE), Toncoin (TON), and Dogwifhat (WIF) demonstrated resilience, bolstering optimism in their potential to reach the moon.
Let’s find out what spurred these positive views of these top altcoins and meme coins.
Borroe Finance ($ROE) maintained an upward trajectory while leading altcoins reversed over the past few weeks. Industry experts proclaimed Borroe Finance ($ROE) the best crypto to invest in due to its potential for exponential growth.
However, Borroe Finance’s boom can be attributed to several inherent factors, such as its use cases.
As the first discounted NFT marketplace on a blockchain, Borroe Finance is a pioneer in its own right, bridging the gap between digital arts and blockchain technology. On the Borroe Finance marketplace, Web3 users can mint future earnings as non-fungible tokens and sell them at a discount for instant payments.
$ROE is the native currency used for transactional purposes on Borroe Finance. With the incorporation of a CrossFi protocol, $ROE is swappable across multiple chains. Borroe Finance ($ROE) will list on a DEX at $0.025 and is poised for a 100X uptick when the market peaks.
Toncoin (TON) has emerged as a top performer amongst its peers in 2024. In a tweet on May 14, market observers CryptoQuant revealed that Toncoin (TON) is one of the “best-performing” blockchains within the layer-1 category in 2024. Gaining 118% against Bitcoin (BTC), the mother cryptocurrency, since the start of the year, Toncoin (TON) parades as a force to be reckoned with.
Toncoin (TON) trades with volume reaching $499 million in a day amid a bearish market. Despite losing 1.2% over the past day, Toncoin (TON) maintains a 22% uptick from the preceding week. TON’s weekly growth showcases its appeal amongst savvy investors.
Toncoin (TON) rose 21.1% from $5.76 to $6.98 between May 9 and 15. The Toncoin (TON) rally is expected to last another couple of days, with a target placed at $8.50 for the near term. This rally will culminate in a 21.7% uptick in TON’s value.
Dogwifhat (WIF) hints at a possible breakout upwards as a bullish pennant form on its 4-hour chart. Well-known chartist YG Crypto called attention to this pattern formation via a tweet on May 10, asserting that it could spawn a 50% surge in WIF’s market value. Bullish pennants usually precede an impulsive price movement after a prolonged consolidation period.
In Dogwifhat’s case, a breach of the pattern’s upside trendline would set the stage for buyers to tap into the WIF market. Considering Dogwifhat’s performance over time, this preset could spur additional growth. Moreover, meme narratives are gaining traction again as the meme sector buzzes with activities.
Dogwifhat (WIF) gained 9.7% from $2.77 on May 9 to $3.04 on May 15. As WIF soars, experts believe Dogwifhat could crack $4.56 soon. This forecast suggests a 50% increase in WIF’s current price.
Learn more about Borroe Finance ($ROE) here:
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