In the midst of uncertainties among investors on which good crypto to buy, the parent company of the popular subscription platform OnlyFans recently made headlines by disclosing its substantial investment in Ethereum (ETH). This revelation sent ripples through the crypto space, sparking discussions about the significance of such a move.
But beyond the OnlyFans news, there’s another gem in the crypto sphere that’s steadily gaining attention – Borroe.Finance ($ROE).
OnlyFans and its Ethereum Endeavor
Follow CryptoMode on Twitter, Youtube and TikTok for news updates! In a surprising financial filing made to the UK corporate registry on August 24, the parent company of OnlyFans, Fenix International, disclosed an investment of nearly $20 million in Ethereum. This substantial allocation to ETH occurred between 2021 and 2022, signifying the platform’s strategic move to diversify its holdings into the world of cryptocurrencies.
However, it’s essential to note that the cryptocurrency market is notorious for its volatility. Despite the initial optimism, the overall decline in crypto asset prices throughout the previous year took its toll on the value of Ether held by Fenix International. Even though ETH has always been one of the top crypto coins, by the end of November 2022, the total value of its ETH had decreased by $8.5 million.
As of November 30, 2022, with ETH trading at $1,295 apiece, the company’s Ether holdings were valued at $11.4 million. While the investment may have faced challenges along the way, the move into cryptocurrency appeared to align with the broader growth trajectory of the platform.
OnlyFans’ Success Amidst Crypto Volatility
Although OnlyFans experienced fluctuations in its crypto investments, the platform thrived in other aspects. The financial filing highlighted impressive figures, showcasing the platform’s resilience and growth. In the reporting period ending on November 30, 2022, the company’s revenue surged by 16.6%, soaring from $4.8 billion in 2021 to an impressive $5.6 billion in 2022.
Furthermore, the primarily adult entertainment-focused platform witnessed substantial increases in both the number of creators and total subscribers. Creator numbers surged by a staggering 47%, while the platform’s subscriber base saw a commendable 27% rise. These metrics underscored the enduring popularity and market strength of OnlyFans, demonstrating its ability to thrive amidst the challenges of the crypto market.
Borroe.Finance: The Polygon-Based Gem
As we navigate the diverse landscape of cryptocurrencies, one project that’s been making waves is Borroe.Finance. What sets Borroe.Finance apart is its steadfast commitment to transparency and security, bolstered by a team of industry veterans.
Figures like Michael Price, a former VP at XE.com, and Maxim Prishchepo, a respected player in the blockchain space, lend credibility and trustworthiness to the project—a stark contrast to the anonymity that often shrouds other crypto ventures.
Don’t Miss Out on Borroe.Finance’s Presale
The Borroe.Finance presale has garnered substantial attention and support from investors, with over 71 million $ROE tokens already claimed. Priced attractively at $0.0125 per token, the Borroe.Finance presale represents a unique opportunity to accumulate tokens poised for exponential growth.
In a landscape where surprises and unexpected revelations are par for the course, Borroe.Finance shines as a promising gem in the crypto realm. Its dedication to transparency, coupled with an experienced team, positions it as an attractive option for investors seeking the best crypto investment and the best crypto to buy today for long-term gains.
Learn more about Borroe ($ROE) here:
Visit Borroe Presale | Join The Telegram Group | Follow Borroe on Twitter
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