Chainlink (LINK) recently partnered with one of the world’s best cryptocurrency exchanges, and the token subsequently recorded a minor price surge. On the other hand, Algorand (ALGO) investors plan to exit the market after a successful hack on the CEO’s X account. As a result, savvy investors focused on a hot new token called Borroe Finance ($ROE). Keep reading to see expert forecasts and opinions on these tokens.
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LINK Surges Amid New Coinbase Partnership
Recently, Base (a Coinbase layer-2 blockchain) integrated Chainlink automation into its network. According to crypto experts, this partnership will reduce transaction costs for blockchain developers by up to 90% and make web3 development cost-effective. In addition, this collaboration will also enhance smart contract scalability and bring Chainlink’s data feeds to the base network while fostering cross-chain interoperability.
As a result of positive ecosystem developments, LINK recorded a double-digit surge in late January. On January 24, LINK traded at $14.28. A few days later, LINK gained 10.06% and sold for $15.70. According to crypto investors, Chainlink has recorded significant ecosystem expansion since it launched its cross-chain interoperability protocol (CCIP) in 2023. Therefore, investors will likely HODL LINK and push the token to $22.55 in Q2 2024.
ALGO Dips Following a Hack on its CEO X Account
On January 25, a hacker accessed the private X account of Staci Warden (CEO of Algorand Foundation). Shortly after this hack, the Algorand Foundation informed investors and Algorand community members about it and instructed them not to click links or respond to DMs. In addition, John Woods (Algorand’s Chief Technical Officer) also assured the community that the hack did not affect Algorand systems, accounts, or liquidity pools.
Despite this reassurance, ALGO recorded a minor price dip in the last week of January. On January 24, ALGO traded for $0.1629. Seven days later, ALGO lost 1.41% and sold for $0.1609. According to experts, negative Algorand crypto news and social media sentiments may likely turn ALGO bearish in early February. Therefore, analysts say ALGO may trade for $0.1590 by February 15.
$ROE’s Fourth Presale Stage Nears 86% Completion
As a beginner cryptocurrency investor, you can become successful by investing in high-potential crypto tokens at their early stages. Borroe Finance is an excellent example of high-potential tokens, and savvy investors have raised over $2.7 million for the platform. For context, Borroe Finance is an AI-powered fundraising marketplace that allows web3 businesses to raise instant cash by selling future earnings to their audience at a discount.
Currently, $ROE is in its fourth presale stage, and the token is selling for $0.019. After all presale stages conclude, $ROE will hit the mainstream crypto market and sell for $0.040. According to crypto analysts, this bullish $ROE price movement will result in a massive 110.5% ROI for early Borroe Finance investors in 2024.
Learn more about Borroe Finance here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
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