Is Dogecoin Dead? DOGE Price Prediction vs. Borroe.Finance vs. Shiba Inu (SHIB)

SPONSORED POST*

Dogecoin ($DOGE) has struggled to recover from its August 17 crash. Shiba Inu ($SHIB) is making headlines, given the rapid growth of its Shibarium network. Yet, Dogecoin ($DOGE) and Shiba Inu ($SHIB) holders still expect tough competition from Borroe.Finance ($ROE), a token whose uniqueness in invoice financing could make it one of the best DeFi projects. 

Can $ROE edge out $DOGE and $SHIB? Let’s see what investors think.

>>BUY $ROE TOKENS NOW<<

Dogecoin ($DOGE) Attempts Tough Recovery Following Mid-August Crash

On August 17, 2023, the crypto market crashed. The effect was a $1 billion liquidation crisis and a sharp drop in investor sentiment. Tokens like Dogecoin ($DOGE) were severely affected as they dropped sharply. Dogecoin ($DOGE) was trading at $0.0764 on August 12. However, Dogecoin ($DOGE) fell by 20% to $0.0611 on August 17 after the market crash.

The crypto market remained bearish. However, there was a mild bullish rally on August 29 following Grayscale’s lawsuit against the SEC. Dogecoin ($DOGE) jumped to $0.0663 on August 29 – its highest point since its August 17 fall.

Many analysts agree that a bullish recovery will be difficult for many tokens. Some even expect the bearish sentiments pervading the market to continue. Dogecoin ($DOGE) could drop by 7.8% to $0.0589 if the current bearish sentiments linger. With Dogecoin’s ($DOGE) current struggles, it has lost its position as one of the top altcoins of 2023.

Shiba Inu ($SHIB) Holders Celebrate As Shibarium Surpasses 1 Million Wallets

The recently released Shibarium network is gaining massive popularity. On September 2, 2023, Shibarium’s wallet holders surged past one million. 

Roughly 300,000 holders were added over 24 hours. Yet Shiba Inu’s ($SHIB) price went in the opposite direction despite Shibarium’s rising user base. Shiba Inu ($SHIB) was trading at $0.000008371 on August 29. It dropped by 6.4% to $0.000007830 on August 2 after Shibarum’s active addresses surpassed one million.

Shibarium’s adoption is growing at a time when Shiba Inu ($SHIB) burn rates are on the rise. Between August 27 and September 2, over 500 million $SHIB tokens were burned. On August 30, one of Shiba Inu’s ($SHIB) lead officers hinted at major token burns in the future. 

Some Shiba Inu ($SHIB) holders hope that its rising scarcity could lead to a price increase. Experts say Shiba Inu ($SHIB) could rise by 8.3% to $0.000008211 due to increased token burns.

Borroe.Finance ($ROE) Launched Web 3.0 Focused Marketplace for Raising Capital

Borroe.Finance ($ROE) is a Polygon-based fundraising platform that creates an efficient P2P marketplace for raising funds. The platform allows the taking of loans via invoice-backed collateral. Borroe.Finance ($ROE) uses AI services to measure the risk factor of each loan request, thus providing a more efficient process for loan providers.

Borroe.Finance ($ROE) leverages blockchain technology to ensure instant funding, instant loan repayments, and quick approval times. Users also enjoy anonymity. Furthermore, Borroe.Finance ($ROE) provides real-time invoice tracking, a service largely unavailable in the traditional invoice financing sector.

The platform offers maximum security thanks to its use of Polygon’s blockchain technology. Its smart contract address is public. Furthermore, its recently completed security audit by BlockAudit has been published on the website. One major benefit of using Borroe.Finance ($ROE) is the access to efficient payment solutions.

Borroe.Finance ($ROE) jumped to $0.0125 as it entered Stage 1 of its public presale. Its Beta Stage price was $0.010 but it rose by 25% as it entered Stage 1. When its blockchain ICO ends, Borroe.Finance ($ROE) will rise to $0.040 – a 300% increase from its initial price.

Learn more about Borroe.Finance ($ROE) here:

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

*This article was paid for Cryptonomist did not write the article or test the platform.