Altcoins
The next big Altcoin after…
- Raboo Presale Accelerates Before Unlocking 100x Growth Potential
- Bitcoin price stagnates after first quarter ATH
- Can Ethereum ETF Approval Boost This Leading Altcoin?
- Conclusion
In the race to become the next big altcoin, Raboo has already soared 60% in the first weeks of its fast-selling crypto presale. In the meantime, Bitcoin price continues to fall below $70,000, showing no signs of rising above its recent ATH of $73,000. As Ethereum closely follows Bitcoin’s price action, experts wonder if Raboo can deliver on its promise and become the next big altcoin sensation.
Raboo Presale Accelerates Before Unlocking 100x Growth Potential
Raboo is a brand new meme coin sensation, sitting at the top of the AI and SocialFi industries. Unlike the endless supply of fluffy, low-value dog-themed memes flooding the market, Raboo presents serious utility and value in its journey to dethrone Dogecoin and Shiba Inu at the top of the coin rankings.
At the heart of Raboo’s value proposition is its AI-powered Rabooscan tool. Users can use this exclusive tool to generate new creative memes before spreading them across social media platforms to help build a thriving community. This unlocks one of the platform’s unique revenue-generating initiatives through Raboo’s Post-to-Earn SocialFi program, with users earning rewards when they post their creations.
Other ways to generate rewards are available through regular giveaways, competitions and sweepstakes. Meanwhile, the platform’s community will continue to grow by opening a new exclusive online NFT marketplace and earning passive income through token staking.
The Raboo presale recently launched at just $0.003 and is already in its fourth stage, available at $0.0048, an increase of over 60% for beginner investors. With returns of 233% available throughout the ICO, analysts unanimously believe that this revolutionary social pioneer will increase 100x once it hits public exchanges to become the next big altcoin this year.
Bitcoin price stagnates after first quarter ATH
Bitcoin price has been on a rollercoaster ride so far in 2024. After the initial excitement over the Bitcoin halving event, the approval of Bitcoin ETFs has sent the price of Bitcoin soaring au- beyond the $73,000 mark for the first time and reached a new ATH. However, this success was short-lived as the price fell below $60,000 and struggled to rebound even after the Bitcoin halving.
While this struggle is symptomatic of the broader crypto market performance this year, as would be expected since Bitcoin is the godfather of crypto, experts remain optimistic that the best is yet to come this year , with new ATHs possible in the second half of 2024. .
Can Ethereum ETF Approval Boost This Leading Altcoin?
Hot on the heels of the successful approval of Bitcoin ETFs, Ethereum ETFs recently gained approval following intense scrutiny from regulators. Although, unlike Bitcoin, Ethereum failed to usurp its previous ATH set at the height of the last bull market of 2021, it surged more than 100% in the last 12 months to reach its current level of $3,702.38 at press time.
This impressive performance makes Ethereum the target of other contenders looking to become the next big altcoin in the crypto market. As Ethereum comes under ever-increasing pressure from new blockchain solutions, experts predict that Ethereum will weather the storm with resilience and maintain its place as the most important crypto outside of Bitcoin.
Conclusion
While Bitcoin’s price has stagnated in recent weeks since reaching a new ATH, Ethereum continues to flirt with surpassing $4,000 and racing towards a new ATH on its own. However, Raboo is making significant progress in the crypto market with its fast-selling crypto pre-sale. With true 100x potential this year, Raboo is the best candidate to become the next big altcoin to hit the market in 2024.
You can participate in the Raboo presale here.
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