The post 24-Hour Price Plunge Drives SUI and Axie Infinity Investors to AI Sensation Raboo appeared first on Coinpedia Fintech News
Bitcoin dipped to around $58,000 earlier this week. As expected, many altcoins like Axie Infinity (AXS) and SUI joined the bearish bandwagon, forcing crypto investors to seek alternatives to the best AI coins like Raboo ($RABT).
Raboo is an AI sensation that is fast becoming a top choice for investors who want to make consistent profits. The AI meme coin is currently in its presale phase, with top experts predicting a 233% ROI at launch.
Details coming up.
SUI price fails to improve as community distrust grows
SUI is one project that has long-standing issues with its community, which stems from an âunfairâ airdrop distribution. Although the project has tried to salvage its reputation and give back to the community, the SUI community continues to distrust the team and discourage others from holding the coin.
Since its launch in April 2023, the project has been heavily bearish, with no significant price action. SUI spent the entire 2023 in a downward trend and only started yielding profits earlier this year when it peaked at an ATH of $2.18.Â
As expected, the coin has been in a massive downtrend since its ATH, despite new gaming partnerships and an increase in its yearly supply. With investors heartbroken over SUIâs performance, they now turn to Rabooâs presale for greener pastures.
Axie Infinity struggles to impress investors as the price continues to decline
Axie Infinity investors have been disappointed over the coinâs failure to yield tangible profits for months. The blockchain game has seen a reduction in interested players and community attention as crypto investors begin to look elsewhere.
A quick look at the Axie Infinity chart shows that the only significant high it has made so far this year was in March, when it hit $12.68 after being in a downward trend since November 2021. Although investors were happy with the recent $12 milestone, this pales in comparison to AXSâ 2021 price, which peaked at a little over $165 and ended the year at $93.
Experts say with even less demand, Axie Infinity could hit $2.9 by the end of the year. The cryptocurrency is already at its lowest point historically, with Bitcoinâs recent price plunge acting as a catalyst to drown its price even further down.
Raboo: Best AI coin to buy now, presale currently active
Hardly anything delights crypto investors like a project with huge potential that can translate to massive profits and fun. Raboo has both and is well on its way to becoming the top meme coin of 2024. No wonder 11,000 registered users are in on the Raboo project.
Raboo plans to revolutionize the internet with a delightful AI tool called Rabooscan. This tool collects content materials and makes them into quality memes. The project also rewards creators of this source content with $RABT tokens through its SocialFi Post-to-Earn feature.
Recently, the Raboo team announced that the novel tool has successfully undergone its first developmental phase, which includes data collection, cleaning, labelling, and dataset organization. The second phase, which involves model development, is underway.
Best in the market: Meme coin with the AI edge
While Axie Infinity and SUI continue to see considerable losses, Raboo is capturing the hearts of crypto investors. Many experts are already considering the meme coin the best AI coin in the crypto market. AI technology is the future, and what better way to get a share of that pie than with a project dedicated to using AI to promote fun?
For only $0.0048 per $RABT, you can grab this token now in the ongoing fourth stage of its presale.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_OfficialÂ
