Crypto investors have stopped looking for NFTs to buy in 2023 due to a declining market interest. As a result, Ethereum- and Polygon-based NFTs recorded low sales in the past few months.
So, investors are looking for more profitable investments than $ETH and $MATIC. Meanwhile, BorroeFinance ($ROE) has emerged as a viable option in the competitive market. Keep reading to see what experts are saying about these tokens.
>>BUY $ROE TOKENS NOW<<
Dune analytics recently revealed that Ethereum-based NFTs on OpenSea recorded the worst outing yet in October 2023.
According to Dune, sales volume for Ethereum ($ETH) based NFTs fell to $49 million in October, representing a 51% decline from its $74 million September SV. For context, Ethereum ($ETH) based NFTs were still popular NFTs to buy as of January, when the total sales volume totaled $659 million.
Even though sales of Ethereum ($ETH) based NFTs have slowed, Ethereum ($ETH) performed well in the crypto market in the last week of October. On October 21, $ETH traded at $1,633. By October 28, $ETH surged 9.23% and traded for $1,783.
According to analysts, $ETH may sell for $1,900 by November 2023 due to high investor interest in top altcoins.
Aside from Ethereum ($ETH) based NFTs, Polygon-based NFTs also saw a massive decline in their trading volume in 2023. In February 2023, sales volume for Polygon ($MATIC) NFTs was around $109 million.
By September, the Polygon ($MATIC) NFTs sales volume crashed to $2.7 million, resulting in a 97.5% decline.
Regardless of the NFT market saga, Polygon ($MATIC) kept investors happy. On October 21, Polygon ($MATIC) traded at $0.5705. Within a week, $MATIC gained 8.91% and sold for $0.6210.
Analysts expect Polygon ($MATIC) to continue on its bullish trajectory and trade at $0.7200 when $POL finally replaces $MATIC as Polygon's native token.
BorroeFinance ($ROE) is the world's first web3 blockchain invoice discounting NFT marketplace. This decentralized AI-powered fundraising platform allows web3 content creators to sell future digital earnings to meet short-term liquidity needs.
Web3 participants can mint their future earnings into NFTs and sell them to supportive communities at discounted prices.
>>BUY $ROE TOKENS NOW<<
Right now, BorroeFinance ($ROE) is in its second presale stage, with the token selling for $0.015. However, projections show BorroeFinance ($ROE) will surge to $0.040 when all presale stages conclude.
Considering the current valuation, this price movement will deliver a significant 167% ROI to early BorroeFinance ($ROE) investors. Furthermore, experts say BorroeFinance ($ROE) will trade for $0.100 by June 2024 if the token records speedy market adoption, making it an even more attractive option to buy.
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