Polygon awaits PIP approval as Decentraland and Borroe.Finance gain momentum
While Polygon awaits PIP approval, MATIC, Polygon’s native currency, seems to have stabilized and may post gains in the coming months. On the other hand, Decentraland partnered with Inworld while investors maintained a bullish outlook.
Meanwhile, Borroe.Finance (ROE) presale is ongoing, and the token is already up 15% in the first stage.
Based on this, can Polygon and Decentraland follow Borroe’s lead?
Polygon awaits PIP approval; will MATIC get back on track?
MATIC crashed 20% in the past month, but prices have since stabilized. If Polygon receives PIP approval, its token could become more popular and useful.
Following last month’s losses, IntoTheBlock’s data shows that over 95% of the MATIC addresses were red as of Aug. 29, 2023.
In other news, while discussing Polygon’s future, Sandeep Nailwal, the co-founder, also mentioned POL, the token expected to succeed MATIC.
With analysts bullish on MATIC, they expect prices to reach $0.6550 by the end of the year. Considering this outlook, traders might consider accumulating the token at spot rates.
Decentraland partners with Inworld
On Aug. 10, 2023, Decentraland partnered with Inworld to utilize advanced artificial intelligence (AI) called “ChatGPT on steroids.”
Technically, including AI entities to interact with Decentraland seemed good initially. Even so, volatility in MANA has slowed down progress.
Decentraland is still a top non-fungible token (NFT) and metaverse project, and traders are bullish that its token, MANA, will sake off weaknesses and rise to $0.45 by the end of the year.
Borroe presale
Traditional funding networks are facing challenges incorporating web3 principles.
However, Borroe is embracing this shift. Its AI-powered funding marketplace is designed to efficiently generate immediate liquidity from future recurring revenues.
Borroe aims to provide web3 enterprises and users with the ability to create NFTs representing upcoming invoices. The platform then offers these NFTs at discounted rates.
In stage 1 of its presale, Borroe’s native token, ROE, is available for $0.0125, up 25% from its Beta Stage when it was trading for $0.0100. ROE could rise to $0.04 in subsequent presale stages, benefiting early adopters.
Learn more about Borroe (ROE) here:
Visit Borroe presale | Join the Telegram group | Follow Borroe on Twitter
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
