Internet Computer and Stacks Down in 7-Day Trading, Could NFT Fans Be Choosing Raboo Instead?
Photo: Raboo
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/Raboo/ – In the last month, Bitcoin hit a new all-time high of $73,835, boosting the crypto market and creating pockets of opportunities for crypto investors. However, recent corrections have caused the whole market to shrink, tanking the prices of burgeoning altcoins Stack (STX) and Internet Computer (ICP) over the last 7 days.
As investors carefully assess these losses, Raboo, a new token priced at just $0.0036 in its presale, has emerged as a serious option. Analysts expect it to take the AI crypto and NFT world by storm, making as much as a 100x gain in 2024.
Internet Computer (ICP) Loses Early Year Momentum
Internet Computer is a blockchain platform housing a set of protocols whose main aim is to allow Web3 services to run 100% on-chain so anyone can easily enjoy fully decentralized applications.
At the turn of the new year, ICP went on a significant rally that pushed its price 4x and culminated in an all-time high of $19, according to CoinGecko. But, due to the crypto market’s volatility, ICP has declined rather worryingly in the last 7 days. It fell to a price of $11, shedding almost a third of its total value.
Additionally, ICP’s daily trading volume also declined by 40% in the last week as the developers introduced more tokens into circulation. It remains among the top 30 biggest cryptocurrencies by market cap, but investors seem to be jumping ship.
Stacks Suffer 7-day Deprecation in Trading Volume
Stacks, another top 30 crypto token, saw its trading volume decline by 38% in the last 7 days. Its price also depreciated slightly during the period, falling to $2.20 from $3.07. Some investors find this a bit alarming since Stacks is a layer-2 solution for smart contracts on Bitcoin’s network.
Bitcoin halving is near, and any project launched on the world’s largest crypto network is expected to be doing numbers at the moment. Although analysts predict the coin could rise as the halving draws nearer, a number of investors who have dumped their STX are not convinced about going back in.
Raboo Presale Attracting Hordes of Investors
Crypto investors are leaving several altcoins for Raboo following recent price drops. Raboo is a trailblazing, community-driven crypto platform borne out of SocialFi, meme culture, and advanced AI tech. It encourages the building of strong crypto communities by incentivizing users with highly rewarding activities and challenges.
The platform provides AI-generated NFTs that users can earn via community activities. The potential returns have made the AI crypto token’s presale an investor magnet, making it the go-to choice for NFT lovers who want to make the most of the Bitcoin halving.
Don’t Miss Out on Raboo
Raboo is a new-generation AI crypto token that utilizes SocialFi to build strong online communities. Investors are leaving Stacks and Internet Computer to join its presale, with a 233% appreciation within sight before it ends. When the coin gets listed on exchanges, early investors have a chance to make a 100x gain before the year runs out.
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