Cryptocurrencies are generally volatile in nature. Despite the approaching Bitcoin halving, crypto prices have gone through several corrections, with more price fluctuations expected in the near future. Nevertheless, general market sentiment concerning cryptocurrencies remains bullish with investors constantly seeking hot new crypto tokens to park their funds in.
Top of their lists are RUNE, the native token on Thorchain, a decentralized exchange network; Dogwifhat (WIF), a burgeoning meme coin that has whipped many a crypto enthusiast into a frenzy; and Raboo (RABT), an AI-powered NFT-minting platform that is expected to make the most of the Bitcoin halving. It’s currently in presale, and investors are FOMO-ing on it as it’s projected to net a decent 100x gain before the year runs out.
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Thorchain’s RUNE Gains Attention As Bitcoin Halving Approaches
Thorchain is a multi-currency protocol whose main goal is to facilitate seamless exchanges of tokens between various crypto networks. RUNE allows users to exchange Bitcoin, Ethereum, Solana, and tokens on these blockchain ecosystems on one platform without the need for intermediaries.
The project’s overall ambition is to bring more liquidity to all the cryptocurrency networks it supports. As a result, the expected surge of crypto users after the Bitcoin halving has drawn attention to it. A fraction of these new users could gravitate towards RUNE, boosting its value and potential investment returns.
Analysts Strong on WIF Despite Volatility
Following the success of Dogecoin, the internet meme culture has grown to unexpected proportions, giving rise to phenomena like Dogwifhat. This culture is set to hit new highs as Bitcoin mining rewards are halved, and WIF, despite its recent price volatility, is rightly positioned to benefit from this surge.
In the last month, WIF went through several ups and downs. WIF hit an all time high of $4.78 at the end of March but has shed almost 50% of its value since then. Investors are still bullish on Dogwifhat, and there’s substantial interest in it.
Raboo: The Hot New Crypto Token in Town
Raboo is positioned to be the next top meme coin as it fosters a strong community of meme enthusiasts. It mixes Social-Fi and several AI elements to provide a platform where RABT holders can compete in fun-filled meme-generating activities to earn rewards and win prizes.
This trailblazing project is crafted from the finest blend of cutting-edge technology, AI wizardry, and a dash of ruthless meme-hunting process. Its end goal is to create a strong community of AI, meme coin, and NFT enthusiasts- three factors essential for the success of any new-age crypto project.
Raboo’s ambition is to be a top 20 cryptocurrency by market cap. It is set to carve a space for itself and challenge the likes of Shiba Inu, Dogecoin and Pepe.
The Hot New Crypto Token of 2024
Several crypto tokens are expected to ride the momentum generated by the upcoming Bitcoin halving. Investors have their sights set on RUNE, WIF, and Raboo, among other coins. However, most of them are bullish on Raboo as it’s expected to grow 233% during presale, and 100x on launch day.
You can participate in the Raboo presale here.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.