Why Smart Investors are Betting Big on Borroe ($ROE), As Sui (SUI) & Litecoin (LTC) Take a Downturn Spiral
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The crypto market tanked on August 17, severely damaging the performance of many tokens.
Sui (SUI) and Litecoin (LTC) were particularly affected, especially as they had both been on bullish rallies before the market downturn.
Now, investors are looking for what tokens still offer good returns in light of the events. Borroe’s ($ROE) name has come up, as it looks like one of the top ICOs after recording a recent 25% price increase.
Can Borroe ($ROE) bring strong returns in August 2023? Let's see what investors think.
BUY $ROE TOKENS NOW
On July 28, 2023, the Sui (SUI) community passed a proposal to allow liquid staking services.
Liquid staking is more attractive to many investors because, as the name implies, it offers higher liquidity than non-liquid staking.
Yet, Sui’s (SUI) market performance took a turn for the worse on August 17 when the crypto market crashed.
Sui (SUI) was trading at $0.63 on July 28, the same day the liquid staking proposal was passed.
However, it fell by 25.3% to $0.47 on August 17 as the crypto market tanked.
As a result, Sui (SUI) token holders are hoping the recently announced “liquid staking” addition would boost its network's adoption.
Experts say Sui (SUI) might rise by 17.3% to $0.61 due to increased staking activity.
Litecoin (LTC) was among the stellar tokens of Q2, 2023. Its network metrics were rising with its price, making Litecoin (LTC) one of the top 5 cryptocurrencies on the market.
Litecoin (LTC) was also boosted by its listing on EDX markets on June 21.
EDX Markets is owned by institutional moneybags like Citadel and Fidelity Digital assets, leading many to believe the trading activity
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