Sponsored Markets
November 04, 2023

Shibarium Hits 3.5 Million Transactions: SHIB Price Prediction vs. $ROE vs. ADA

Shibarium Hits 3.5 Million Transactions: SHIB Price Prediction vs. $ROE vs. ADA

In a recent turn of events, the novel Shiba Inu (SHIB) layer-1 network, Shibarium, copped a significant transactional landmark, having crossed the 3.5 million threshold. At the same time,  BorroeFinance ($ROE), a new DeFi project making waves in the ocean of digital assets, is set to break a new price record. Also, Cardano (ADA) flipped into a bullish mode after whales upped their wallet balances amid a voluminous acquisition.

Which of these top crypto coins will register the highest surge? Let’s find out!

>>BUY $ROE TOKENS NOW<<

Shibarium Transactions Grew 493% To 3.5 Million

Market participants called attention to the remarkable achievement in the Shiba Inu (SHIB) ecosystem on October 26. In particular, Shibarium, the layer-1 protocol inspired by the runner-up dog-themed meme coin Shiba Inu (SHIB), claimed a noteworthy accomplishment in the past week. 

The latest report showed that the network reached an astounding 3.5 million transactions two months following its official debut.

This scenery followed a notable increase in daily transactions within Shibarium. According to the report, transactions on Shibarium rose from 12,690 to 62,669 amid a 493% surge in a day. In parallel, the price of Shiba Inu (SHIB) advanced along with the increase in Shibarium transactions.

As revealed by the charts, Shiba Inu (SHIB) bounced 12.48% between October 23 and October 29. During this period, Shiba Inu (SHIB) climbed from $0.00000714 to $0.00000802. This development is attributed to rekindled interest in Shiba Inu (SHIB) among deep-pocket investors.

Subsequently, analysts offered projections on the possible ranges Shiba Inu (SHIB) may attain based on its current price trajectory. Seeing as Shiba Inu entered a corrective phase on October 30, they predict $SHIB may pull back to the $0.00000760 level. Descending to this level translates to a 0.46% drop from the current price of $0.00000766.

BorroeFinance Is On A Path To A Parabolic 167% Rally

Unlike Shiba Inu (SHIB), plagued by a downturn soon after securing a notable landmark, BorroeFinance ($ROE) continues to gain traction through its impressive value growth. Investors are stunned by its remarkable performance over time, leading to massive adoption of BorroeFinance ($ROE). This increased adoption rate resulted in its profiling as a top DeFi project.

BorroeFinance is an AI-powered funding marketplace for content creators in Web3 to exchange their future earnings for cash. Owners of outstanding invoices and future earnings mint their assets as non-fungible tokens on the BorroeFinance interface. These NFTs are then sold to interested buyers via the platform’s marketplace at discounted prices.

More than serving as a trading spot, businesses may raise funds on BorroeFinance via its fundraiser. The platform employs a straightforward fundraising method to create a peer-to-peer ecosystem for participants. $ROE helps to facilitate activities in the BorroeFinance marketplace.

$ROE is a Polygon-based deflationary token currently valued at $0.015 in the second stage of its presale. From the current price level, $ROE targets the $0.040 region to climax its presale. This target price translates to an imminent 167% growth in $ROE.

>>BUY $ROE TOKENS NOW<<

Cardano Turns Bullish As Whale Accumulation Booms

Santiment, a prominent on-chain data provider, reported an impressive development in the Cardano ecosystem via a post on the X platform on October 31. In the tweet, Santiment noted increased activities among whales and sharks on the Cardano (ADA) network. The report spotlighted a sudden swell of movement of passive ADA coins.

The data provider pointed at older wallets moving a considerable amount of Cardano ($ADA), reaching their highest since April 2022. Custodians of 100,000 to 1 million Cardano coins have added 43.71 million ADA to their net worth. This increment culminates their treasury at 33.71% of the total supply of Cardano (ADA).

The rate at which these deep-pocket investors are scaling up their Cardano (ADA) holdings signifies a shared bullish sentiment amongst these parties. This action has fueled optimism concerning the future of ADA in the subsequent months. To cement this view, Cardano’s Total Value Locked (TVL) hit $153 million on October 19.

Based on market data, Cardano rose 11.94% between October 23 and October 29. More precisely, ADA ranged from $0.264 to $0.295. Judging by the current pace of ADA, analysts believe Cardano will break past the $3.000 price roof in the coming weeks, indicating a potential 0.85% increase from the current price of $0.290.

Learn more about BorroeFinance ($ROE) here:

Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Crypto Exchange Bitget Launches BLAST Token Event, Offering Participants $50,000 In Rewards
Markets News Report Technology
Crypto Exchange Bitget Launches BLAST Token Event, Offering Participants $50,000 In Rewards
June 25, 2024
Promontory Technologies Goes Live for External/LP Investors
Sponsored Stories and Reviews
Promontory Technologies Goes Live for External/LP Investors
June 25, 2024
Tokenized RWAs Are Bridging the Gap Between DeFi and TradFi
Opinion Top Lists Business Markets Software Technology
Tokenized RWAs Are Bridging the Gap Between DeFi and TradFi
June 24, 2024
Bitcoin’s Current Correction Level Still Below Average, Says Rekt Capital Crypto Analyst
Markets News Report Technology
Bitcoin’s Current Correction Level Still Below Average, Says Rekt Capital Crypto Analyst
June 24, 2024