Crypto Price Prediction: Can Litecoin Return To Glory While Ethereum Aims To Pass $3K

October 03, 2024

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Litecoin is on a path to recovery after moving sideways since July under the $70 resistance line. Ethereum price is also attempting a recovery after Vitalik Buterin moved $1.7 million in ETH to Paxos in a move to cash in on the rebound.

As crypto price predictions grow bullish, Raboo’s $RABT has surged 90%, and now in the 5th stage of its presale, raising over $2.5 million. Raboo’s focus on the booming meme coin sector and generative AI has seen investors forecast a 100x surge for $RABT on launch day.

Ethereum’s price faces resistance as whales sell their positions

The crypto price movement of any big altcoin, such as ETH, provides huge indicators of the market’s direction. A quick glance at the charts makes it clear that ETH is losing steam amid dips of nearly 5% on some days as its price continues to struggle to breach $3K.

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Over the past year, Ethereum has surged only 45%, even as most altcoins and meme coins rally over 100%. Even the recent move to cut interest rates by the Federal Reserve was not enough hype to bring about a bullish resurgence for the Ethereum price. Ethereum whales are starting to sell, as seen by Vitalik Buterin’s move to transfer 1,300 ETH to Paxos. Could this be the start of Ethereum’s downfall?

Litecoin surpasses Ethereum and Bitcoin in transaction volume

While Ethereum struggles to retain its position, Litecoin staged a return to $76.78, before dropping just over 5% in the last week. Currently priced at around $64, Litecoin’s active addresses on its network are increasing and surpassing Ethereum’s. Litecoin’s network is known for its affordability in terms of transaction costs. Daily transactions on Litecoin have now peaked at 426,000. With this shift in interest from crypto natives, Litecoin is tipped to surge past $70 in the short term. Long-term forecasts have placed Litecoin’s crypto price predictions at a whopping $1000 per LTC.

Raboo’s RABT presale attracts over $2.5 million from investors

Raboo’s $RABT crypto price has surged 90% from the start of the presale when its value was only $0.003. The presale has entered its 5th stage, and investors flocking to the presale have raised over $2.5 million, raising $RABT’s price to $0.0057.

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At its core, Raboo is integrating Artificial Intelligence wizardry into the meme coin space with $RABT as its utility and reward token. Raboo’s Social-Fi ecosystem aims to foster a community of meme enthusiasts where anyone can leverage Raboo’s Rabooscan to create memes with AI. Rabooscan scours social media platforms to help meme lords generate the most original and viral memes. These memes can then be posted on Raboo for rewards in the form of $RABT tokens.

Raboo will not only generate memes but also offer exclusive NFTs and merch, this enables its users to have a unique and entertaining world with Raboo. Far from being just another typical meme coin, Raboo features a well-developed ecosystem designed to shape the future of meme culture.

Raboo’s presale has already sold out four stages so far in record breaking time. Only 63% of its 1.8 billion $RABT tokens are up for grabs during the presale, and $RABT could surge 100x on launch day.

Conclusion

Ethereum’s price is languishing even as the rest of the crypto market rebounds. Litecoin is about to recover, but all eyes are on Raboo’s $RABT as its crypto price predictions grow bullish.

You can participate in the Raboo presale here.

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