The Bitcoin halving has come and gone, and as many analysts predicted, the supply shock sent prices upwards. As history has proven, the Bitcoin halving not only affects Bitcoin but other tokens too. The Ethereum price has seen a rise, as has many altcoins. Coindesk has made a few predictions about where the Bitcoin and Ethereum price will go, but not even the most bullish analysts have these tokens doing as well as the new Meme-fi AI token Raboo (RABT), currently in presale at $0.0036
Bitcoin (BTC): Bitcoin Halving Sees Price Predictions Double
For those who are unsure, the Bitcoin halving is an event that happens every four years where Bitcoin mining becomes twice as difficult as it used to be, which means a miner’s reward “halves” for the same amount of energy put in. This is the genius of Bitcoin, ensuring its scarcity and deflationary nature.
The Bitcoin halving means the supply of Bitcoin is immediately cut in half, and basic economic principle states when supply goes down, the price goes up. Coindesk is predicting that Bitcoin will far overshoot its all-time high and hit over $86,000 within a month and then will double that in a year, making Bitcoin a solid investment.
Ethereum (ETH): Ethereum Price Prediction Lowballs
Coindesk’s Ethereum price prediction is bullish but not as bullish as Bitcoin’s. According to the trusted source, the Ethereum price will reach about $3,200 in this month, well below its ATH, but Ethereum will double to about $6,600 in the year.
This is remarkably low, as altcoins have traditionally outpaced Bitcoin in post-halving gains. It is possible that the analysts have this one wrong, and the Ethereum price can still climb quite significantly on improved post-Bitcoin halving market sentiment. Still, investors looking for faster assets may have other options.
Raboo (RABT): Presale Gains Sees ICO Off To Flying Start
Seasoned investors know where to get the most bang for their buck, and that is often in ICOs and presales. Presales are structured so as to guarantee a price rise independent of market sentiment. Raboo’s presale is set to go up by 233% at the conclusion. On the back of the post-Bitcoin halving sentiment, analysts are predicting Raboo will 100X once it trades on the open market after its presale.
Raboo is a new AI meme coin that marries the current market-defining coin categories of AI crypto with meme coins, two of the highest-grossing coin types in the cryptosphere. Meme coins have proven to be extremely lucrative investments. With an AI engine behind it, Raboo is set to go nuclear upon release, making a massive ROI for early investors.
Conclusion
The overall prediction for the crypto markets since the Bitcoin halving is bullish, with the Bitcoin and Ethereum prices growing steadily. But for massive ROI, partaking in the Raboo presale is a great way to follow in lucrative meme coin investment footsteps for returns like those seen by investors in Dogecoin, Shiba Inu, and Pepe Coin.
