As Bitcoin Struggles, Borroe ($ROE) Raises $250,000 in 5 Days

• Bitcoin (BTC) failed to retain bullish momentum and break through $32,000 resistance.
• Cardano (ADA) has stayed stable for the past few weeks with little volatility.
• Borroe ($ROE) raised $250,000 in the last week of July, and investors are buying it in its first presale stage.

Bitcoin (BTC)

Bitcoin (BTC) disappointed investors in July 2023 after failing to retain bullish momentum and break through $32,000 resistance. Currently, Bitcoin (BTC) is trading at $29,124, and investors are waiting for the SEC’s final verdict before moving.

Cardano (ADA)

Cardano’s (ADA) founder Charles Hoskinson recently revealed plans to bring five million new people into Cardano’s ecosystem via Lace Wallet (Cardano ADA web3-enabled crypto wallet). The goal is to onboard the whole K-12 population in Ethiopia but this development will not immediately impact the market price.

Borroe ($ROE)

Savvy investors are now pursuing a new crypto called Borroe ($ROE). It raised $250,000 in the last week of July and investors are buying it in its first presale stage. The AI-powered funding marketplace is designed to help companies raise capital quickly online by connecting them with potential investors around the world.

SEC Regulation

The US SEC resumed its regulation by enforcement policy with full force when it sued Peter Heart, Hex, PulseChain, and PulseX for defrauding crypto investors. This incident could excuse the SEC from denying Spot BTC ETFs again to protect gullible retail investors from sophisticated scammers which caused Bitcoin (BTC) to drop from $29,131 on July 31st to $28,760 on August 1st 2023.

Conclusion

Despite Bitcoin(BTC)’s failure to breakout of its current prices coupled with Cardano’s lack of volatility; savvy crypto investors have found a new interest in Borroe ($ROE). With their successful fundraising campaign they have managed to capture attention amidst these struggles of other established cryptocurrencies in recent times.