Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Due to recent developments within the Injective (INJ) and Manta Network (MANTA) ecosystems, these top crypto coins are exhibiting potential for an explosive surge. Meanwhile, investors stake high on Borroe Finance’s (ROE) upside prospect as the asset flashes a signal for a rally.
Let’s find out why these top altcoins could witness an uptick.
Injective releases Omnichain domain with Solana
Injective has joined forces with the famous Ethereum rival Solana to release the first Omnichain domain in a blockchain environment. This move marks significant progress for both networks to achieve a connected and user-friendly ecosystem. The omnichain domain is a name service allowing Injective users to acquire SOL domains using INJ tokens.
Injective brought this development to public attention in an X post on Feb. 15.
Using the omnichain domain, Solana users can bridge their SOL domains into Injective, expanding the use cases of both altcoins in the blockchain sector. This move will integrate the Phantom Wallet into the Injective atmosphere, allowing Solana users to access INJ and its network seamlessly.
As a result of this build-out, Injective (INJ) posted gains on the charts, with the price of INJ rising 10.32% from $35.17 on Feb. 12 to $38.79 on Feb. 18.
As INJ continued the rally, experts, having subjected Injective to thorough analysis, posited that INJ is headed for $43.50 in the days ahead.
To reach the indicated level, INJ needs a 12.1% increase in its current price.
Manta Network rises after BNB Chain integration
In a tweet on Feb. 15, Manta Network revealed the launch of an interoperability protocol on the Binance token chain, BNB Chain.
Expanding the Manta Network to the BNB Chain will enable an easy exchange of Manta and BNB and allow users to participate in farming events with the BNB/MANTA liquidity pool on PancakeSwap.
In the post, Manta Network (MANTA) highlighted the procedure for bridging assets from Manta Pacific to BNB Chain.
Users need first to access the Pacific-BSC bridge portal, then connect a wallet, and on the next page, use Manta as the source chain and BNB chain as the destination.
Afterwards, users must authorize a transaction and transfer MANTA tokens across the bridge. Also, the user can provide liquidity to the BNB/MANTA pool on Pancakeswap after bridging MANTA onto the BNB Chain.
Manta Network is up 5.30% from $2.85 to $3.00 between Feb. 12 and Feb. 18. Experts believe that Manta Network will continue higher to a prominent resistance level at $3.50, indicating a 16.6% increase in its price. This projection presents the Manta Network token as a good crypto to buy for short-term gains.
Investors exploring Borroe Finance
While Injective and Manta Network trend higher on the charts, investors have taken a sudden interest in Borroe Finance.
As a result of this enthusiasm, Borroe Finance has raised over $2.9 million in the fourth stage of its presale.
One of the elements driving interest in ROE is Borroe Finance’s use cases in the web3 domain. Specifically, Borroe Finance is a fundraiser for web3 users, allowing these individuals to raise funds for several purposes, including business and personal use. The project recently included CrossFi and a liquidity pool into its dapps to improve its services to users across the DeFi domain.
Early investors in ROE have benefited from an 90% surge in the Borroe Finance coin price from $0.010 at the beta stage of its presale to the fourth at $0.019.
From the latter price, ROE investors expect to cash out 110.5% ROI as the coin reaches its final stage price of $0.040 and its DEX listing price.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
