Despite the many institutional investors are coming into this market, Hedera ($HBAR) is still struggling in the red zone. On the other hand, Sui ($SUI) has gained significantly in the current bearish market. It got supported for strong utility and investor demand. Nonetheless, the best cryptocurrency to buy now is Borroe ($ROE), which has already delivered a 25% profit for early investors. Will Hedera and Sui compete with Borroe?
Hedera ($HBAR) Bears Dominate Despite Institutional Adoption
Hedera ($HBAR) and Fresh Supply Co. confirmed their partnership on August 2, 2023. This partnership integrates Hedera’s $HBAR token into the MasterCard Payment System for Fresh Supply Co. Moreover, motor firms Kia and Hyundai integrated Hedera ($HBAR) into their Supply Chain Carbon Emissions Monitoring System on August 10.
Later, on August 14, the US Federal Reserve incorporated Dropp into its micropayments network. Dropp is an app developed on the Hedera ($HBAR) network.
These institutional adoptions enabled Hedera ($HBAR) to gain 50%, rising from $0.050 on August 2 to $0.075 on August 15. Yet, Hedera ($HBAR) lost 28% to trade at $0.054 on August 18 as the crypto markets turned bearish on August 17. Since then, Hedera ($HBAR) has been bearish as investors exit the market seeking other profitable investments.
Analysts appear cautious but optimistic about Hedera ($HBAR). It might rise, powered by institutional adoption, to reach $0.075 by the end of 2023. Thus, Hedera ($HBAR) is still a good crypto to buy.
Sui ($SUI) Is Rallying In A Bear Market, Preparing For A Surge
Sui ($SUI) is described as a new generation Layer 1 blockchain and smart contract platform. It is often referred to as the Solana ($SOL) killer. Sui’s token presale is one of the most successful due to the speed and scalability of Sui’s network.
As the cryptocurrency bear market rages on, $SUI has proven to be one of the best performers. It has rallied past the $0.5700 resistance! The price of $SUI increased by double digits in a week after August 17, 2023, when the global crypto market lost nearly 8% of its value. $SUI has continued with its strong performance and seems ready for a massive price surge.
Analysts believe that the $SUI token’s allocation that encourages scarcity will be highly beneficial to the crypto in the long term. In that context, they even predicted that $SUI would rally toward $0.9225 by the end of 2023. It is undoubtedly the best time to buy the Sui token. The potential price gain makes it one of the top crypto coins to invest in.
Borroe ($ROE) Is Strongly Bullish In A Bearish Market
Borroe ($ROE) stands as the pioneer Web3 blockchain marketplace for invoice discounting non-fungible tokens (NFTs) globally. Functioning as a decentralized fundraising platform, Borroe ($ROE) facilitates Web3 participants and businesses in swiftly generating capital by trading their future earnings.
Borroe ($ROE) empowers users to convert upcoming subscriptions, royalties, invoices, and digital payments into NFTs. They can later offer those NFTs at reduced rates to supportive communities. Moreover, purchasers have the option to resell these Borroe ($ROE) NFTs on secondary markets powered by a robust peer-to-peer system.
In a recent development, Borroe ($ROE) received validation from BlockAudit, affirming the platform’s security against cyberattacks and malware. Furthermore, Borroe ($ROE) has made its smart contract address accessible to the public. That’s how the token proved its commitment to transparency and openness.
Currently, Borroe ($ROE) is in Stage 1 of its presale, valued at $0.0125, with over 42 million tokens already sold. Upon the completion of all presale stages, Borroe ($ROE) is projected to enter the mainstream crypto market at $0.0400. This shift in price is anticipated to yield a substantial 300% increase for early Borroe investors. There will be a significant 220% ROI for those who buy today!
Learn more about Borroe here:
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