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Bitcoin Cash ($BCH) keeps sliding as bears dominate the market. On the other hand, Axie Infinity is losing its appeal as gamers look elsewhere, which is hitting the price of $AXS significantly. Yet, Borroe.Finance ($ROE) is dominant, offering investors profits in its presale.
Can Bitcoin Cash and Axie Infinity rebound to compete with Borroe.Finance? Let’s explore here.
Summary
Bitcoin Cash ($BCH) Market Dominated By Bears
Bitcoin Cash ($BCH) is not just the renowned hard fork of Bitcoin ($BTC). But, $BCH often mirrors $BTC’s price trends. Therefore, understanding the current outlook for Bitcoin ($BTC) can provide insights into the future of Bitcoin Cash ($BCH).
The recent excitement surrounding BTC exchange-traded fund (ETF) applications has often led to positive reactions in Bitcoin Cash ($BCH) when new announcements are made.
Yet, the much-awaited news is expected in October 2023, when the SEC may approve the first of many Bitcoin ETF applications. This announcement would be big news, confirming institutional interest in Bitcoin ($BTC) and boosting Bitcoin Cash ($BCH).
Despite the positive news and expectations, Bitcoin Cash ($BCH) predictions have turned negative. On September 26, 2023, Bitcoin Cash ($BCH) was trading at $213.83.
Analysts say Bitcoin Cash ($BCH) is losing strength and might end the year at $182.55. The selling pressure is growing in Bitcoin Cash’s ($BCH) market due to the uncertainty in its market. Hence, it is not a good crypto to buy now.
Axie Infinity ($AXS) Faces Turbulence
The hype surrounding the play-to-earn sensation, Axie Infinity ($AXS), appears to be losing momentum. The most recent on-chain data shows a significant decline in the average number of Axie Infinity ($AXS) players per month.
The data indicates that in August 2023, the average monthly player count on Axie Infinity ($AXS) dropped to less than 500,000, marking a massive drop from the 2.70 million players it had in February 2022. This shrinking user base has impacted the price performance of Axie Infinity ($AXS).
Elsewhere, the Philippine Anti-Cybercrime Group (PNP ACG) has issued a cautionary statement regarding the potential risks of engaging in Axie Infinity ($AXS). This game needs the acquisition of a minimum of three Axie characters, each valued at $300.
The PNP ACG is worried that Axie Infinity’s ($AXS) P2E model may exploit players by requiring them to spend for rewards. Also, hacking and fraud have led to digital asset losses on Axie Infinity ($AXS).
On September 26, 2023, Axie Infinity ($AXS) was trading at $4.48. Analysts expect $AXS to drop to $4.25 in October due to the reduced number of users on its platform.
Borroe.Finance ($ROE) Keeps Rising in Its Presale
Borroe.Finance ($ROE) will help boost the fundraising prospects for web 3.0 companies. Notably, it offers these businesses fair and efficient instant funding solutions. On that note, Borroe.Finance ($ROE) uses invoice financing to achieve its mission. It stands out since invoice financing is majorly unavailable among top DeFi projects.
Raising funds on Borroe.Finance ($ROE) is a straightforward process where users collateralize their forthcoming earnings into fractionalized NFTs. These NFTs sell at discounted rates on Borroe.Finance’s ($ROE) marketplace.
Additionally, users can incorporate extra incentives into their NFTs to enhance their appeal to potential investors. Thus, the project offers the best NFT marketplace today.
Borroe.Finance ($ROE) offers instant transactions, low costs, and swift approvals for users, while rewarding them for marketplace activity and special discounts on transaction and marketplace fees.
Borroe.Finance ($ROE) has gained significant attention in the crypto arena for its unique attributes and the enthusiastic response from investors during its presale. In the search for the best altcoin investment, Borroe.Finance ($ROE) has risen as a strong contender.
Currently, Borroe.Finance ($ROE) is in Stage 2 of its presale trading at $0.0150, a 50% increase from its Beta Stage price of $0.0100. $ROE will deliver a 167% ROI at the end of the presale for the current investors once its price hits $0.0400.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter
*This article was paid for Cryptonomist did not write the article or test the platform.
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