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Maker (MKR) was one of the best-performing tokens in July. However, analysts are still watching to see if Maker (MKR) can sustain its bull run in August.
Binance coin (BNB) may also significantly surge after the exchange successfully broke into the Dubai market.
However, Borroe ($ROE) outperformed both Maker (MKR) and Binance Coin (BNB) after raising $250,000 in the presale beta stage in July 2023.
Investors Back Borroe ($ROE) to Succeed in Q3 2023 as Token Shines at Presale Beta Stage
Borroe ($ROE) is the world’s first decentralized fundraising marketplace. Developers created the platform as a solution to the short-term liquidity problems businesses, talents, and creators face in the Web3 industry.
Borroe ($ROE) allows users to mint their future earnings into NFTs and sell them at discounted prices to supportive communities.
Borroe ($ROE) offers multiple benefits, including simple fee structure, total cost transparency, high scalability, low transaction fees, low-risk investment, privacy, and instant funding.
To ensure a secure fundraising process, Borroe ($ROE) incorporates AI credit risk assessment and efficient payment solutions into its fundraising process.
Borroe ($ROE) listed 25 million tokens at its presale beta stage in the last week of July and raised $250,000. Borroe ($ROE) is at its first presale stage, and the token is selling for $0.0125. Borroe ($ROE) will rise to $0.0150 at its next presale stage.
When all presale stages conclude, Borroe ($ROE) will list on major crypto exchanges and sell for $0.0400. At this stage, early investors will see a massive surge in the value of their tokens.
VC Giants Sell Off Maker (MKR) Tokens
According to research analysts at Menya, venture capital giant Andreessen Horowitz (a16z) offloaded their last Maker (MKR) tokens in July 2023.
Also, other VC firms like Dragonfly and Paradigm have sold their Maker (MKR) holdings to retail market participants.
While this slowed the bullish momentum of Maker (MKR), experts viewed the action as a positive one for Maker (MKR) decentralization.
Before this period, these three VC firms held 11.5% of all Maker (MKR) tokens.
In addition, Maker (MKR) aims to clean up $7 million worth of tokens through the Smart Burn Engine program by the end of August 2023.
All these positive ecosystem developments have led to an extended bull run for Maker (MKR).
Dubai Nod May Trigger Bull Run for Binance Coin (BNB)
On July 31, 2023, Binance (the world’s largest crypto exchange) received an operational minimum viable product license from Dubai authorities.
Binance is the first organization to secure an MVP certificate from Dubai’s Virtual Assets Regulatory Authority, and it can now broaden its financial services business to the Middle East city.
According to experts, Binance Coin (BNB), being the native token of the exchange, is set to rise as wealthy crypto investors in Dubai will need it for their trading activities.
As expected, Binance Coin (BNB) turned bullish after this announcement.
Analysts believe Binance Coin (BNB) is getting ready for an extended bull run in Q3 2023. Apart from Binance Coin (BNB), investors are also buying Borroe ($ROE) to secure massive ROI in the coming weeks.
Learn more about the Borroe ($ROE) presale here:
Buy Presale: https://borroe.finance/