Price: $0.41170 -9.8445%
Market Cap: 60.49B 1.8549%
Volume (24h): 15.18B 0.4%
Dominance: 1.8549%
Price: $0.41170 -9.8445%
Market Cap: 60.49B 1.8549%
Volume (24h): 15.18B 0.4%
Dominance: 1.8549% 1.8549%
  • Price: $0.41170 -9.8445%
  • Market Cap: 60.49B 1.8549%
  • Volume (24h): 15.18B 0.4%
  • Dominance: 1.8549% 1.8549%
  • Price: $0.41170 -9.8445%
Home > Information news > After the Bitcoin Halving. Analysts Predict Bitcoin and Ethereum Price as Raboo Presale Surpasses $1 Million

After the Bitcoin Halving. Analysts Predict Bitcoin and Ethereum Price as Raboo Presale Surpasses $1 Million

Release: 2024/04/26 00:02 Reading: 374

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/en/articles/662a69f5a5ac2073fcfa480a

After the Bitcoin Halving. Analysts Predict Bitcoin and Ethereum Price as Raboo Presale Surpasses $1 Million

After the Bitcoin Halving: Analysts Predict Bitcoin and Ethereum Price as Raboo Presale Surpasses $1 Million

The Bitcoin halving has passed, and as many analysts anticipated, the supply shock has propelled prices upward. History has shown that the Bitcoin halving impacts not only Bitcoin but other tokens as well. Ethereum's price has risen, along with numerous altcoins.

Coindesk has issued predictions for the future of Bitcoin and Ethereum prices, but even the most optimistic analysts have not anticipated these tokens performing as well as the new Meme-fi AI token Raboo (RABT), which is currently in presale at $0.0036.

Bitcoin (BTC): Bitcoin Halving Doubles Price Predictions

For those unfamiliar, the Bitcoin halving is an event that occurs every four years, during which Bitcoin mining becomes twice as difficult as before, effectively halving a miner's reward for the same energy expenditure. This is Bitcoin's brilliance, ensuring its scarcity and deflationary nature.

The Bitcoin halving immediately reduces Bitcoin's supply by half, and basic economic principles dictate that when supply decreases, price increases. Coindesk predicts that Bitcoin will significantly surpass its all-time high, reaching over $86,000 within a month and doubling that within a year, making Bitcoin a solid investment.

Ethereum (ETH): Ethereum Price Prediction Underestimated

Coindesk's Ethereum price prediction is optimistic but not as bullish as Bitcoin's. According to the credible source, Ethereum's price will reach approximately $3,200 this month, well below its all-time high; however, Ethereum will double to around $6,600 within the year.

This is surprisingly low, as altcoins have historically outperformed Bitcoin in post-halving rallies. It's possible that the analysts have misjudged this, and Ethereum's price could still rise significantly due to improved market sentiment following the Bitcoin halving. Nevertheless, investors seeking more rapidly appreciating assets may have alternative options.

Raboo (RABT): Presale Gains Signal a Promising ICO

Experienced investors know where to find the most value for their money, which is frequently through ICOs and presales. Presales are structured to guarantee a price increase regardless of market sentiment. Raboo's presale is projected to increase by 233% upon conclusion.

On the heels of the post-Bitcoin halving sentiment, analysts predict that Raboo will increase by 100X once it begins trading on the open market following its presale.

Raboo is a new AI meme coin that combines the market-defining categories of AI crypto and meme coins, two of the most lucrative coin types in the cryptosphere. Meme coins have proven to be highly profitable investments. With an AI engine powering it, Raboo is poised to explode upon release, delivering significant ROI to early investors.

Conclusion

The overall prediction for the crypto markets since the Bitcoin halving is bullish, with the prices of Bitcoin and Ethereum rising steadily. However, for substantial ROI, participating in the Raboo presale is a wise move, allowing investors to capitalize on the lucrative meme coin investment trend that has benefited investors of Dogecoin, Shiba Inu, and Pepe Coin.

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Disclaimer: This article is a press release. COINTURK NEWS is not liable for any damages or losses incurred as a result of any product or service mentioned in this article. COINTURK NEWS advises readers to thoroughly research the company mentioned in the article.

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