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In the digital asset arena, a rivalry has ensued between dYdX (dYdX) and BorroeFinance ($ROE) as the top DeFi projects yearn to achieve a tenfold increase.

Notably, market watchers spotlighted a remarkable development in the dYdX chain, spurring a growth in the value of dYdX. Also, BorroeFinance ($ROE) has advanced to the next stage of its presale, marking a significant milestone for the new DeFi project.

Which of these top crypto coins can grow ten times higher? Lets find out!

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The dYdX Chain, an independent Layer 1 blockchain based on Cosmos, has successfully entered its beta mainnet phase, representing a significant progression in the decentralized derivatives trading sector.

The transition from alpha to beta mainnet occurred on November 13 at 8:45 a.m. EST, following a decisive community-supported governance vote with over 99% approval. The dYdX Operations subDAO, overseeing the decentralized infrastructure, verified this development through a blog post on its website.

The governance vote has enabled active trading functionalities across 33 markets. Through the dydx.trade platform, users can now participate in dynamic trading across 33 perpetual markets, enjoying leverage of up to 20x.

While users wont be receiving trading rewards in this beta stage, validators and stakers stand to accumulate trading fees. This stage plays a crucial role in conducting comprehensive testing of the active trading landscape on the dYdX Chain.

The progression to the beta mainnet phase included a deliberate transition from depending on Ethereum Layer 2 scaling solution StarkEx in version 3 to establishing itself as an independent Layer 1 blockchain within the Cosmos ecosystem with the release of version 4. The Introduction of the alpha mainnet for dYdX version 4 and its blockchain-based on Cosmos was launched on October 26.

As the leading decentralized derivatives trading platform in cryptocurrency, dYdX has accumulated a total trading volume surpassing $1 trillion since 2020. Also, dYdX soared 19.31% between November 13 and November 17, ranging from $3.20 to $3.83.

Experts declared that dYdX is heading to $4.00, anticipating a 1.17% increase in its price.

BorroeFinance ($ROE) recently emerged as an active player in the crypto industry, posing among established entities in the decentralized finance space.

It leads the DeFi frontier with its innovative AI-powered funding marketplace, explicitly designed for transactions involving future earnings like invoices, subscriptions, and royalties in the Web3 realm. Content creators within the Web3 ecosystem turn to BorroeFinances marketplace, where they exchange their outstanding invoices for immediate cash.

Buyers, also participants in the Web3 space, seize the opportunity to acquire these future earnings at discounted rates, forging a synchronized relationship within the platform. Moreover, BorroeFinance incorporates a repayment system that allows buyers to apply for a refund. This strategy consolidates buyers confidence in the platform and its activities.

Distinguished for its pivotal role in addressing the limitations of traditional finance, BorroeFinance leverages advanced AI tools to tackle conventional financial challenges.

The platforms blockchain technology empowers users to tokenize their assets, rendering them tradable within the BorroeFinance ecosystem. This unique approach sets BorroeFinance ($ROE) apart as a forerunner in revolutionizing financial transactions by fusing AI and blockchain technology.

$ROE, the native token of BorroeFinance, is undergoing its public presale with a 300% growth target. So far, $ROE has gained 50%, rising from its Beta Stage price of $0.01 to the second stage at $0.0150. Given the current rate of $ROE adoption, experts believe $ROE could achieve a tenfold increase in the imminent bull market.

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Cryptocurrency Showdown: dYdX vs. BorroeFinance Who Will ... - Analytics Insight