The post BNB Plunges, ICP Loses Momentum Can New AI Meme Coin Recover Your Losses? appeared on BitcoinEthereumNews.com.

The general downward trend in the crypto market has taken its toll on some popular coins. Since the month June began, investors have had to be more cautious with investing. This is because a lot of coins have also shown unpredictable market trends. It is no surprise investors are rallying to new projects with more promising futures. A recent research by crypto analysts show that the meme coin generative AI market is set to reach an all time high in the next 10 years. Investors are advised to take advantage of the new projects now, so their future returns can be significant. Raboo, a new AI-themed meme coin, is in its fourth stage presale, with over $1.6 million raised. It has experienced a 60% increase in price since its first presale stage, so experts are bullish on its potential. It is a project that all crypto investors should look out for. BNB Drops After Attaining a Peak In Price BNB is the native currency of the biggest crypto exchange in the world. Its price value rose to an all time high of $720 on June 6th. But BNB reduced significantly to $616 after a week, raising concern amongst investors. BNB is now going for $608 per token, with a 0.54% increase in the last 24 hours. Experts believe that if BNB’s price remains around $600, it could hit its first resistance at $669. They also believe that a further drop could take the price below $349. The uncertainties around BNB’s price trend has pushed its holders into rallying to projects like Raboo. ICP Could Reach the $10 mark soon Investors were concerned about the price trend of ICP a few months ago, when it was still trading at $4.12 per token. They wanted to know if ICP could reach the…

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Filed under: News - @ June 18, 2024 8:22 am