If anyone is looking for a top investment pick for January, three cryptocurrencies lead the way –
Borroe Finance ($ROE), Arbitrum (ARB), and Tron (TRX).As Arbitrum One hit a landmark in TVL, the TRX founder shifted millions of USDT to Binance.
In contrast, $ROE is turning heads among whale investors.Let’s review $ROE, ARB, and TRX to determine which are the best coins to invest in January.
Is Borroe Finance the top pick for January?
For those savvy investors avidly diversifying their portfolios in the crypto world –
Borroe Finance is the right option.So, what’s interesting about Borroe Finance? Better be AI blended with DeFi, resulting in a cutting-edge fusion that is paving its path to revolutionize the traditional financial system.
Borroe Finance pioneers as the world’s first Web3 blockchain invoice discounting NFT marketplace.What separates Borroe Finance from the rest is its capability for instant funding for Web3 businesses to buy stock, upgrade equipment, market, or meet any other immediate business needs.
Moreover, it leverages AI for risk assessment and promotes a secure and straightforward fundraising process.Furthermore, Borroe Finance also propels the P2P ecosystem, enabling buyers to trade discounted invoice NFTs on secondary markets effortlessly.
Currently, $ROE is selling for $0.0175 in Stage 3 of its presale.The next stage will surge its price to $0.0190.
After all presales conclude, $ROE will hit mainstream exchanges at $0.040.If investors buy $ROE now, it will get them a 128.5% ROI.Experts say $ROE will more likely surge after a quick market adoption.
With its exciting presale, investors are captivated by Borroe Finance, making $ROE one of the best altcoins to invest in January.
Arbitrum one hits major milestone in TVL
On January 3, 2024, Arbitrum One became the first Layer 2 network to touch the landmark of $10 billion TVL.
Moreover, Arbitrum One’s TVL experienced a staggering jump of 15.9%, reaching $10.22 billion over the past seven days.
Since mid-December of 2023, Arbitrum has massively gained traction.ARB has surged from $1.07 to $1.66, marking an impressive 54.20%.
As of the start of January, ARB was trading at around $1.88.This outstanding jump in Arbitrum’s price also heightened user activity, signifying a bullish outlook.
However, ARB finds trouble to face resistance at $1.98.
Yet, Arbitrum’s technical indicator, the RSI, sat at 76.
This further signals ARB’s intense upward momentum.On the other hand, ARB’s OBV has trended higher but gave conflicting signals.Analysts on Arbitrum prediction reveal that if ARB bursts past above resistance, ARB price is likely to target $2.10 next.
However, investors prefer $ROE instead of ARB as one of the best crypto investment picks for January.
Tron founder moves millions in USDT to Binance
Amid the decline in the market, Tron’s founder, Justin Sun, reportedly moved millions of USDT to Binance.
As per the LookonChain report, an address suspected to be Tron’s founder deposited 50 million USDT into Binance on January 3, 2024.
As per Tron’s price trend, TRX has portrayed a consolidation phase and is trading near the 20-day EMA.The current altcoin price action suggests uncertainty between the bulls and bears.However, TRX has rebounded from the bottom zone of $0.060 in May 2023 to $0.108 in December 2023, representing a fantastic 80% surge.As of the first week of January, TRX was trading at $0.104.
On the daily chart, Tron’s price shows a mixed stance, holding TRX to accelerate gains.TRX’s technical indicator, the RSI, also closes to the midline, forming a positive divergence.Also, TRX’s MACD showed a bearish crossover.
Yet, analysts have maintained a bullish rating for TRX.
Analysts on Tron’s prediction speculate that TRX will march towards $0.110 in January 2024.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
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