Shiba Inu (SHIB) lacks upside momentum due to the dismal performance of the Shibarium launch. Also, Arbitrum (ARB) is dropping due to the impact of the cryptocurrency bear market and the expected massive token unlock event. Elsewhere, Borroe ($ROE) is exploding in its presale, making it one of the best crypto investment options currently. But which of the three is the top choice in this bear market? Let’s see what experts have to say!
Shiba Inu (SHIB) Is Sliding After a Dismal Shibarium Launch
Shiba Inu’s (SHIB) Shibarium platform launch was murky and dominated by several technical issues. The unconvincing launch caused lots of frustrations among Shiba Inu (SHIB) users.
On a more positive note, on August 21, 2023, a lead developer at Shiba Inu (SHIB) said that the team had managed to resolve all those issues, although Shibarium is still in private mode. Following this event, Shiba Inu (SHIB) rebounded by 20% from $0.00000726 to $0.00000870 between August 21 and August 23.
In addition, IntoTheBlock data indicates there is intensive Shiba Inu (SHIB) whale activity. More precisely, there is more inflow than outflow of Shiba Inu (SHIB) transactions. The most notable transaction was a recent inflow of 6.5 trillion Shiba Inu (SHIB) tokens.
Experts say that despite this current uncertainty, Shiba Inu ranks as a good crypto to buy today. According to analysts, SHIB will surge to $0.00001500 by the end of 2023, supported by the utilities brought by Shibarium.
Arbitrum’s (ARB) Scheduled $1.1 Billion Airdrop Could Increase Sell Pressure
On August 17, 2023, Token Unlock statistics showed an expected influx of $1.1 billion Arbitrum (ARB) tokens. This huge unlock event is scheduled for March 16, 2024. It will feature investors and Arbitrum’s (ARB) team, who will jointly unlock the tokens.
Nonetheless, this Arbitrum (ARB) token unlocking is not a one-time event. After the first event, more Arbitrum (ARB) token unlocking will happen on the 16th of every month for the next four years.
While it is expected that unlocking will offer liquidity and boost Arbitrum’s (ARB) distribution, it might also create selling pressure, which will affect the token’s price stability.
In addition, before the effect of this news could even affect Arbitrum’s (ARB) market, the cryptocurrency bear market came in.
Notably, Arbitrum (ARB) dropped with the entire crypto sector. Arbitrum (ARB) was trading at $1.05 in mid-August. Arbitrum (ARB) is expected to keep dropping to reach $0.915 by the end of August, factoring in the impact of this news.
Borroe ($ROE) Offers Huge Profits in A Persistent Bear Market
Borroe ($ROE) is a financing platform that integrates blockchain and artificial intelligence. Interestingly, Borroe ($ROE) mainly serves the Web3 space, enabling businesses and individuals to access quick cash flow by leveraging their validated future earnings.
Borroe ($ROE) strives to offer an advanced and sustainable solution, enabling enterprises to secure funds using non-fungible tokens (NFTs) that represent future and pending invoices. By minting and selling these invoice NFTs at lower prices, the platform supports a peer-to-peer ecosystem that guarantees smooth trading across multiple secondary markets.
Using seamless payment solutions, artificial intelligence risk assessment methods, and blockchain technology, Borroe ($ROE) offers a fully transparent and secure fundraising process.
Expectedly, Borroe’s ($ROE) price increased by 25% from $0.0100 to $0.0125 during the transition from its Beta Stage to Stage 1 of the public presale. This notable price increase appears to be fueling increased demand for Borroe ($ROE). The price of Borroe ($ROE) is set to rise to $0.0150 per token when it moves to Stage 2 of the presale.
Based on official information, Borroe ($ROE) has set a presale target price of $0.040. This means that Borroe ($ROE) investors will experience massive ROI, which makes it the best cryptocurrency to buy now.
Learn more about Borroe ($ROE) here:
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