Cryptocurrency Trader Advises Diversifying From Cosmos (ATOM); Recommends Exploring This Emerging Coins Instead
Maldives
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October 31, 2023 06:53 AM Eastern Daylight Time
A prominent and widely followed cryptocurrency analyst known for remarkable accuracy in their predictions has recently sounded the alarm regarding Cosmos ($ATOM). In addition to this warning, the analyst has also offered insights into the current outlook for BorroeFinance ($ROE), listing it as the best crypto to invest in this Autumn.
Cosmos ($ATOM) witnessed a significant decline by October 17 from its highest price in 2023. Namely, Cosmos ($ATOM) plummeted by more than 70% from its price of $15.45 on November 5, 2022. For reference, $ATOM has reached $6.33 in the middle of October.
Let’s delve into analysts’ forecasts to help you determine: Is $ROE a better buy than $ATOM?
Cosmos ($ATOM): A Stormy Forecast
In a striking statement a cryptocurrency analyst has advised investors to exercise caution when it comes to Cosmos ($ATOM). And it’s not without reason. $ATOM, the native asset of the Cosmos ecosystem, is currently showing signs that have prompted concern.
The announcement significantly impacted investor sentiment towards Cosmos ($ATOM). $ATOM witnessed a sharp decline in its trading volume over the past week, which plummeted from $212 million on October 10 to just $68 million on October 17. This drop reflects a substantial 68% decrease in $ATOM’s trading volume.
What Comes Next For ATOM?
Cosmos (ATOM) could continue its downtrend, possibly reaching around $5.50 before showing any improvement. Due to this, analysts recommend two potential approaches: either wait for a lower price to buy ATOM or consider not investing in it at all.
Next, let’s take a look at BorroeFinance and see if it offers more promising opportunities.
BorroeFinance ($ROE): A Rising Star in Web3 Financing
Beyond advising caution on Cosmos, the analyst has also spotted another one of the top altcoins, offering insights into it as a significant player: BorroeFinance ($ROE). With the help of AI risk assessment, blockchain tech, and efficient payment options, BorroeFinance ($ROE) guarantees a safe and smooth fundraising experience.
BorroeFinance ($ROE) distinguishes itself as a cutting-edge AI-driven funding marketplace, offering a unique opportunity to content creators and Web3 participants. BorroeFinance enables swift conversion of anticipated earnings, such as subscriptions, royalties, and pending invoices, all within a supportive community.
New Ways To Fund Web3 Projects
In a world where old-fashioned ways of raising funds cannot adapt to the changes brought by Web3 technology, BorroeFinance ($ROE) saves the day. The BorroeFinance platform boldly embraces this transformative shift. It empowers businesses to raise money by issuing trending NFTs representing future revenues or outstanding invoices.
BorroeFinance's presale Stage 2 is proof of the remarkable value of $ROE. In this stage, $ROE witnessed an incredible 50% increase, going up from its starting price of $0.010 to $0.015. With the presale coming to an end, BorroeFinance ($ROE) is set to achieve a remarkable 300% surge from its initial value, reaching the significant milestone of $0.040.
The $ROE token plays a key part in BorroeFinance's governance setup, offering exclusive benefits to its holders. Advantages include voting rights, early notifications about new sales and funding requests. BorroeFinance ($ROE) is one of the top altcoins in the market, making it an attractive option for investors to buy.
Learn more about BorroeFinance ($ROE) here:
Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter
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