Bitcoin Cash’s price has performed well, boasting an annual 268% gain and a 13% surge following its recent reward-halving event.
However, its current value pales compared to its 2018 peak of over $3,500. Recent trends in crypto investments suggest a shift in investor focus towards diversification, with growing interest in assets like Chainlink (LINK) and meme coins such as Raboo (RABT).
Raboo, in particular, has garnered significant attention from investors, raising over $1 million in funding through its ongoing presale. Analysts expect the price of Raboo to grow 233% during the presale.
What you'll learn 👉
Will Bitcoin Cash remain relevant?
Bitcoin Cash’s historical performance is undoubtedly impressive. Its recent 13% surge is also a clear indicator that Bitcoin Cash still has the potential for more significant gains in the future. However, even though the crypto market is in a bull run, the bitcoin cash price struggles to reclaim its previous all-time high.
Market analysts attribute Bitcoin Cash’s dwindling momentum to its contentious hard fork, which fractured the community backing BCH and led to ongoing debates regarding its utility. Without a unified vision and a clear purpose for the crypto investment, many investors have jumped ship and are looking to other coins for gains.
Chainlink’s incoming bull run and tokenization phase
Chainlink is positioned for a rebound from its current price of $13 after suffering a pullback from its $14 price mark a week ago. Market analysts predict that Chainlink could experience a rally after its short-term downward trend subsides. Other predictions suggest that LINK is flashing a buy signal on its 12-hour chart and could soar to $15.50 should it break resistance levels at the $14 mark.
In terms of its utility, Chainlink stands a better chance than Bitcoin Cash as its infrastructure allows blockchains to securely interact with external data feeds, payment methods, and other critical off-chain data feeds. This capability makes Chainlink an essential platform that supports the growing move towards social-fi and artificial intelligence-centric crypto investments.
Raboo: An AI-powered crypto investment with a 100x potential
Meme coin hunters looking for the next 100x project should look no further than Raboo (RABT). In the third stage of its presale, Raboo has already seen the price of $RABT surge from its entry position at $0.003 to its current price of $0.0042.
Raboo is a meme coin backed by artificial intelligence. User activity is rewarded, and meme creators can use AI to generate memes and monetize the content they post. To become a top 20 cryptocurrency by market capitalization, Raboo is building a community of like-minded meme coin enthusiasts across the globe.
Raboo represents an exciting opportunity to grow its social-fi platform against a thriving community that enjoys meme culture and AI. Analysts have tipped it to grow 233% by the end of the presale.
Conclusion
The performance of Bitcoin Cash’s price highlights crypto investments’ fast-changing nature. While Chainlink is on track for a bullish resurgence, Raboo stands the most excellent chance for a 100x rally as it offers a fusion of the most popular trends in the world of crypto investments. Raboo’s projected performance could see $RABT holders turn modest investments into fortunes.
You can participate in the Raboo presale here.
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