Even though Polygon (MATIC) is experiencing a downtrend, Borroe continues to gain momentum as a crypto to buy and a revolutionary NFT funding marketplace powered by blockchain and artificial intelligence (AI).
By enabling Web3 participants to get upfront cash upon the sale of their future earnings from royalties, invoices, and subscriptions, Borroe is eyeing making the Web3 onboarding process easier by tackling liquidity challenges. Therefore, it’s a good crypto to buy based on the benefits accrued.
Top Crypto to Buy: Borroe
Since the Web3 ecosystem seeks to revamp the reward mechanism so that everyone gets what is rightfully theirs, Borroe’s seamless fundraising and non-fungible token (NFT) marketplace is geared toward this objective. This accelerates the narrative of Borroe being one of the coolest NFTs.
Therefore, Borroe intends to make the lives of social media influencers easier in the Web3 space. Furthermore, its solution can be deployed in Web3 gaming platforms, blockchain-powered identity verification and management platforms, royalty distribution platforms, and subscription-based content services.
Given that one of the primary challenges faced by Web3 content creators, such as NFT musicians, writers, and artists include the lack of cash flow, $ROE intends to take away this pain point in the Borroe ecosystem, making a top crypto to buy.
$ROE is the governance token on the Borroe network, and it is making it possible for Web3 creators to get instant liquidity by selling their future NFTs. As a result, it is an ideal cryptocurrency to buy based on its quest to accelerate the Web3 wave.
The $ROE token is emerging as one of the best cryptos to invest in, given that its presale at Stage 1 has already clocked 40%, with its Beta Stage completely selling out.
Uncertainty Rocks Polygon
As regulations continue to bite the crypto market, MATIC has been on the receiving end, based on Binance’s announcement that it will delist MATIC/BUSD perpetual contracts. Investors find themselves in a race against time to close their positions, which could trigger volatile swings in the Polygon network.
With MATIC’s open interest dwindling based on factors like the listing of Polygon as a security by the United States Securities and Exchange Commission (SEC), bears continue to bite.
Polygon’s open interest was down by 4.88% to hit $126.13 million, according to market insight provider Coinglass. This is a drop from a high of $187 million recorded on July 14 following Ripple’s victory over the SEC.
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