Maker

Arkham

Shiba Inu

Shiba Inu (SHIB) supply in Robinhood increased after Shibarium. Meanwhile, the market is fawning over&nbsp;Borroe. Finance’s (<a href="https://borroe.co/crn43" target="_blank" rel="noopener">ROE</a>)&nbsp;presale following its token price increment. Maker (MKR) is also firm after talks of a new blockchain.&nbsp; 
Although SHIB, ROE, and MKR are rising, investors are bullish, expecting Borroe.Finance to be among the top altcoins in 2023.&nbsp; 
<h2 class="wp-block-heading" id="280-million-shib-purchase-highlights-growing-demand">$280 million SHIB purchase highlights growing demand</h2> 
Following the launch of Shibarium, SHIB’s supply in Robinhood rose by nearly 70%.&nbsp; 
Data from Arkham Intelligence shows that the trading platform’s supply has rose to 14 trillion SHIB over the past three weeks, pushing their total holdings to over 34 trillion, worth roughly $279.85 million. 
 You might also like: <a href="https://crypto.news/arkham-robinhood-is-fifth-largest-ethereum-holder/"> Arkham: Robinhood is fifth-largest Ethereum holder </a> 
The move could signal growing demand. Interestingly, the increase follows the launch of Shibarium. Subsequently, following this spike over the past few weeks, supporters are optimistic that SHIB will likely rally in the sessions ahead. 
As of Aug. 22, SHIB was trading at $0.000007993, rising slightly by 4.7% to $0.000008371 by Aug. 29. 
By Sep. 3, SHIB was trading at $0.000007806. However, due to excitement around Robinhood’s latest purchase, it could rise by 16.1% to $0.000009056. 
<h2 class="wp-block-heading" id="borroe-finance-significantly-enhances-traditional-invoice-financing">Borroe.Finance significantly enhances traditional invoice financing</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh5.googleusercontent.com/wWLhkz_GWMdMDbVSRBgl3_6KcKBLWx5Q8Ol9ZBbAabvQLn3xUSfjGUYYmVr-qeU86VmHYrvev_ru7Z2NiMLKK1UTRwWRkxJv0yK2ZrL-6WDcIq3HhAut6xiBSKmpfdE9cPOwGMzLq7BL1R_I9Ij-_pA" alt="Robinhood adds 1.25T SHIB, Borroe.Finance's user base growing, Maker follows - 7">
</figure> 
Revenue financing is vital for businesses, enabling them to use their consistent income for immediate funding. However, the invoice financing sector often remains inaccessible to web3 and decentralized finance (DeFi) enterprises, posing a challenge to artists, musicians, NFT creators, and others. 
<a href="https://borroe.co/crn43" target="_blank" rel="noreferrer noopener">Borroe.Finance&nbsp;</a>provides a service not offered by the top def projects in the industry. Its approach addresses issues such as currency conversion and irregular payment schedules, which can affect web3 businesses. 
 You might also like: <a href="https://crypto.news/eos-aims-to-catch-up-with-borroe-finance-and-shiba-inus-momentum/"> EOS aims to catch up with Borroe.Finance and Shiba Inu’s momentum </a> 
Their strategy combines fractionalized NFTs, blockchain technology, and AI-driven risk assessment to provide immediate funding for businesses. The platform also offers a straightforward means to invest in web3 financing opportunities, discounts on loan offers, and recognition for marketplace activity. 
Borroe.Finance stands out from many other projects due to its innovative technology and practical real-world application.&nbsp; 
In stage 1 of its presale, ROE prices are up 25% from the beta stage. The token is trading for $0.0125 but will rise to $0.0150 in stage 2, a 20% increase. However, those who had participated in the beta stage will be up 50% in stage 2.&nbsp; 
<h2 class="wp-block-heading" id="maker-plans-to-launch-a-solana-inspired-blockchain">Maker plans to launch a Solana-inspired blockchain</h2> 
A Maker co-founder suggested a protocol change on Sep. 1, 2023. 
The proposal involves using Solana’s code-base to construct Maker’s upcoming standalone network, as it is more efficient. This suggestion is part of the “Endgame” upgrade, initially revealed in May 2023. 
 You might also like: <a href="https://crypto.news/makerdao-co-founder-proposes-endgame-plan-to-protect-dai-from-attack/"> MakerDAO Co-founder Proposes “Endgame Plan” to Protect DAI From Attack </a> 
Following the announcement, the demand for Maker rose, causing prices to increase. On Aug. 30, MKR rose from $1,043 to $1,139, a 9.2% increase. 
Analysts expect MKR to rise by 7.3% to $1,210 due to excitement over the latest network proposal.&nbsp; 
Learn more about Borrow.Finance (ROE) here: 
<a href="https://borroe.co/crn43" target="_blank" rel="noreferrer noopener">Visit Borroe presale</a>&nbsp;|<a href="https://t.me/Borroe" target="_blank" rel="noreferrer noopener">&nbsp;Join the Telegram group</a>&nbsp;|<a href="https://twitter.com/Borroe_Finance" target="_blank" rel="noreferrer noopener">&nbsp;Follow Borroe on Twitter</a> 
 Read more: <a href="https://crypto.news/usdc-usdt-holders-exploring-roe-in-ongoing-borroe-finance-presale/"> USDC, USDT holders exploring ROE in ongoing Borroe.Finance presale </a> 
 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.

Robinhood adds 1.25T SHIB, Borroe.Finance’s user base growing, Maker follows

Table of Contents

crypto.news

Other articles published on Sep 10, 2023

The Latest in Ripple vs. SEC: Weekly News Roundup!

FBI Reveals North Korea’s Involvement in Crypto Hack on Betting Platform

Analyst Predicts Ethereum Price Before Bitcoin Halving

DASH Price Prediction: DASH Hovering Near $25, Bounce Or Selloff?

FTX pushes for settlement, Stake suffers massive hack, regulatory efforts thrive | Weekly Recap

Bitcoin (BTC) Price Analysis for September 10

Join our free newsletter for daily crypto updates!