Bitcoin Price Adjustment Hits Market. Why Investors Are Stocking Up on Raboo and Tron

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The Bitcoin price has been in freefall throughout April, impacting most of the crypto market. However all is not lost as investors stock up on legacy alt Tron and new AI meme coin Raboo. The Bitcoin halving was supposed to have a positive impact, but what’s next for the king of crypto and will the inflows continue with Tron and Raboo?

The Bitcoin price in freefall since the halving

With the long-awaited Bitcoin halving now in the rearview mirror and the Bitcoin price in freefall since, billions of dollars in longs have been liquidated. 

Bitcoin needs little introduction. The king of crypto was created and launched by Satoshi Nakamoto back in 2009, starting the entire crypto industry. For the first time ever, the Bitcoin price hit a new all-time high before the halving, peaking at $72,124 on 12 March 2024.

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Will the price crash continue, or will the Bitcoin bulls take back control? It’s still early in the bull market, and these corrections are normal, so expect more bullish momentum for the Bitcoin price.

Raboo setting new standards for meme coins

Raboo is establishing itself as the torchbearer for meme coins, merging cutting-edge artificial intelligence with the dynamic culture of memes to create a unique and engaging platform. 

Utilizing AI, Raboo enhances meme generation, enabling users to create high-quality content that resonates widely across the platform. This innovative approach not only entertains but also engages users in a way that traditional cryptocurrencies do not.

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Raboo has already made significant strides in its presale phase, surpassing expectations with over $1 million raised, even while the Bitcoin price has fallen under $65k. With analysts predicting a 100-fold increase post-launch, Raboo is not just meeting its early benchmarks before the bulls take back control of the market. 

Tron up 10% despite Bitcoin price crash

Tron is a dynamic blockchain platform designed for the digital content and entertainment sectors. It allows creators to publish, store, and own their content without the intervention of intermediaries like the Apple Store or Google Play, and since its launch, Tron has been one of the main altcoins.

The Tron price experienced a notable 10% increase recently, a surge attributed to a broader market trend where investments are shifting from Bitcoin into alts. This shift is likely driven by investors looking for higher returns and diversifying their portfolios as the bull market takes a break.

Conclusion

Since the Bitcoin halving, most of the crypto market has been in freefall. The Bitcoin price is down 5% since the halving as investors move into certain alts. Tron is one of the main beneficiaries with its price up nearly 10% in the last 30 days, but as with all bull markets, it’s the newest cryptos that offer the big returns.

The Raboo presale has exceeded expectations, with $1m already raised. The price is up slightly to $0.0042, but with 100x predicted after launch, it’s clear why investors are siding with this most exciting AI memecoin.

You can participate in the Raboo presale here.

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