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Dogecoin’s (DOGE) and Litecoin’s (LTC) recent performance mirror the general bearish sentiment that has enveloped the crypto market over the past week. Now, both tokens are looking for a way out of their current bearish slump. However, analysts say that will be difficult as Dogecoin (DOGE) and Litecoin (LTC) will face increased pressure from Borroe ($ROE) – a decentralized fundraising marketplace that caters to the DeFi industry’s growth. Borroe ($ROE) is projected to grow by 300% by the end of its presale. But will that make it one of the top DeFi projects? Let’s hear what analysts have to say.
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Dogecoin (DOGE) Tops The List of Struggling PoW Tokens
Dogecoin (DOGE), one of the most popular Proof of Work (PoW) tokens, has dropped sharply since August 17, 2023. Its drop is due to the bearish wave that hit the crypto market, sending many tokens down and triggering a $1 billion wave of liquidations.
While the exact cause o
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