Bitcoin Cash (BCH) holders rush to take up Raboo (RABT) and Filecoin (FIL)

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The recent boost in price for Bitcoin Cash (BCH) is hiding the glaringly obvious as it slowly but surely continues its insidious fall to zero against Bitcoin. It’s not the investment opportunity promised after the block size war, as investors look to new crypto Raboo as it steam through the second stage of its presale. And there’s Filecoin (FIL), another crypto whose market price is looking ill, but could its fortunes be about to change?

Can Bitcoin Cash (BCH) ever recover?

Bitcoin Cash (BCH) was born out of a pivotal moment in the history of blockchain. The block size war, which sought to address scalability issues within Bitcoin’s network, saw the king of crypto hard fork and the emergence and promise of Bitcoin Cash.

With an increased block size limit, Bitcoin Cash allows more transactions to be processed per block, enhancing the network’s capacity to handle higher volumes of transactions and reducing fees. But it’s all gone wrong for the team behind Bitcoin Cash as its price is down over 95% against Bitcoin (BTC).

Is Filecoin (FIL) still a good investment opportunity?

Filecoin (FIL) is a decentralized storage network designed to turn cloud storage into an algorithmic market. By utilizing blockchain technology, Filecoin facilitates open bidding on storage space, allowing users to rent out their spare disk space. The Filecoin platform’s token, FIL, incentivizes participants to offer and purchase storage.

Over the last few weeks, Filecoin has shown impressive price action, capturing the attention of investors and indicating a potential resurgence in interest. Despite this positive momentum, however, it’s important to note that the Filecoin price remains significantly lower than its historical peaks. 

The Raboo (RBT) crypto presale is set to launch

Raboo (RBT) boasts great potential in the cryptocurrency market with its thoughtful tokenomics and a keen emphasis on community engagement. With its crypto presale about to start, there will be a total supply of 1.8 billion tokens, all laying the groundwork for substantial growth opportunities.

Raboo is aiming to unite the meme coin space and is targeting the biggest meme coins in the space. It will create a hub for individuals, offering entertaining avenues to both contribute and reap rewards. Collaborations with various platforms and key influencers are lined up and serve to amplify community interaction. And with an exclusive NFT launch, it’s poised to offer additional benefits to those holding presale tokens.

As well as this, Raboo is dedicated to maintaining high community activity levels through special giveaways and airdrops. These events are designed to distribute $RABT tokens to both engaged community members and random token holders, with the aim of cultivating sustained involvement within the ecosystem.

Conclusion

Bitcoin Cash lost the block size war and is losing interest among investors. It’s unlikely to ever recover, but don’t expect it to go away for a long while yet. Filecoin has a similar price history, but the difference is that there is promise in this token, given the utility it offers. Raboo could be the best investment opportunity for any crypto investor. Its crypto presale is about to launch and if it corners just a small part of the meme coin market, the price will explode.

You can participate in the Raboo presale here.

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