Optimism (OP) fell and lost over 5% in early August.
On the other hand, Polkadot (DOT) remains in a tight trade range. Meanwhile, investors are analyzing a new crypto project, Borroe, currently conducting its presale.
Borroe raised $250,000 in five days, selling 25 million ROE, its native token. Investors maintain a bullish outlook on the project.
Optimism is bearish
In July 2023, Binance changed its operations in response to user feedback.
These changes appeared to benefit Optimism, as the minimum block number and the deposit speed were reduced. Following this update, OP prices edged higher but have since fallen.
OP, the native token of Optimism, fell 6.61% in July, and forecasts are bearish.
Presently, investors are exploring alternatives, including Borroe, in August 2023.
Polkadot under pressure, bears to take charge?
There has been a significant shift in the crypto market that has affected many traders.
Binance Futures delisted DOT, Polkadot’s currency, as a margin asset in multi-assets mode, which caused some investors to turn to stablecoins.
For this reason, DOT is bearish. Analysts expect even more losses below $5 in August 2023.
Due to these concerns, some investors are examining other potent options, like Borroe, instead of getting exposure in Polkadot and Optimism.
Borroe sells over 3 million ROE
Borroe helps web3 businesses, participants, and content creators quickly access cash.
Web3 businesses can turn their future payments into non-fungible tokens (NFTs) and sell them for less to their supporters. At the same time, users can enjoy low fees, high scalability, and privacy.
The Borroe presale is live.
Currently, 3.1 million ROE out of the allocated 70 million have been sold.
ROE is available for $0.0125 in the first stage but will increase to $0.0150 in the next presale phase.
Once the presale ends, ROE will list on various crypto exchanges at $0.0400.
Learn more about the Borroe presale here:
Buy Presale: https://borroe.finance/
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