The crypto market presents three interesting narratives: The first one reveals that Notcoin has shed off 50% of its recent all-time high. While the second announces a recent BNB token burn by the Binance foundation.
The third, and the most interesting, introduces a new presale coin, Raboo ($RABT) which aims to merge AI, SocialFi, and blockchain technology, and has the potential to surge 100x upon listing. Let’s see how these updates affect the respective tokens.
Notcoin’s bull run stalls amidst Bitcoin drop
Since the end of May, Notcoin has performed impressively, as it embarked on a significant bullish run which led to an all-time high of $0.0296 per token in June.
However, it appears that Notcoin is losing its steam, possibly due to the overall market pullback triggered by the recent Bitcoin drop. Currently Notcoin is down over 50% from its all-time-high to a current price of $0.01429.
Experts predict that if the selling pressure in Notcoin continues, NOT it might keep hovering around $0.013 per token or decline further to $0.01 or even $0.009.
BNB chain completes 28th token burn, price surge expected
Just recently, the Binance ecosystem experienced an important event, which was the completion of the 28th token burn of the BNB Chain. A token burn event is when a particular number of tokens are removed from circulation in order to reduce its total supply.
A total of 1.6 million BNB tokens were removed from circulation. Experts view this event as a positive development for the platform, mainly because it could potentially lead to the appreciation of BNB’s price. As CoinMarketCap tracks the current price of BNB at $577, experts forecast BNB’s price to potential return to its all-time high of $720 before the end of this year.
Raboo outlook: $2 million raised and over 10,000 users registered; Is 100x surge next?
It’s becoming increasingly clear that Raboo, despite being a newcomer to the industry, is aiming to stage a rally that would shake the crypto industry. Having raised $2 million in its ongoing presale, and registered over 10,000 users on its platform, experts are now saying that, at this success rate, Raboo’s prediction to surge 100x once it gets listed on the market is likely to happen.
But what features can investors find in this meme coin that makes them view it as one of the best cryptocurrency investments?
Raboo’s commitment to transparency and security is also noteworthy. The project’s smart contract has been thoroughly audited by SolidProof, ensuring the integrity of the token’s underlying infrastructure. This level of transparency has instilled confidence among investors, as they view Raboo as a reliable and trustworthy meme-focused project. With all these features offered by the new presale coin, investors not only stand a chance to earn 100x, but will also get to experience the meme sector in a different and interesting way.
Conclusion
While Notcoin has shed 50% of its all-time high, along with BNB’s significant token burn, potentially paving the way for a price surge. The most intriguing narrative, however, surrounds the meme coin Raboo, which has already raised $2 million and registered over 10,000 users. Experts believe Raboo’s unique features, backed by AI, could propel it 100x, making it one of the best cryptocurrency investments of 2024.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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