The post Notcoin Tumbles 50% From ATH, As Raboo Eyes 100x and BNB Burns 1.64M Tokens  appeared on BitcoinEthereumNews.com.

The crypto market presents three interesting narratives: The first one reveals that Notcoin has shed off 50% of its recent all-time high. While the second announces a recent BNB token burn by the Binance foundation. The third, and the most interesting, introduces a new presale coin, Raboo ($RABT) which aims to merge AI, SocialFi, and blockchain technology, and has the potential to surge 100x upon listing. Let’s see how these updates affect the respective tokens.  Notcoin’s bull run stalls amidst Bitcoin drop Since the end of May, Notcoin has performed impressively, as it embarked on a significant bullish run which led to an all-time high of $0.0296 per token in June.  However, it appears that Notcoin is losing its steam, possibly due to the overall market pullback triggered by the recent Bitcoin drop. Currently Notcoin is down over 50% from its all-time-high to a current price of $0.01429. Experts predict that if the selling pressure in Notcoin continues, NOT it might keep hovering around $0.013 per token or decline further to $0.01 or even $0.009. BNB chain completes 28th token burn, price surge expected Just recently, the Binance ecosystem experienced an important event, which was the completion of the 28th token burn of the BNB Chain. A token burn event is when a particular number of tokens are removed from circulation in order to reduce its total supply. A total of 1.6 million  BNB tokens were removed from circulation. Experts view this event as a positive development for the platform, mainly because it could potentially lead to the appreciation of BNB’s price. As CoinMarketCap tracks the current price of BNB at $577, experts forecast BNB’s price to potential return to its all-time high of $720 before the end of this year. Raboo outlook: $2 million raised and over 10,000 users…

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Filed under: News - @ July 28, 2024 3:08 am