The crypto news for the week of april makes for encouraging reading. Reports of several tokens—including Bitcoin and Stacks—reaching their ATH (all-time high) numbers boosted investor confidence in the broader crypto market. While there has been a retraction due to profit-taking, altcoins like Raboo are making crypto news headlines with its promising presale, where token prices are expected to be 100X.
Stacks (STX): ATH breached and aiming higher
Muneeb Ali, co-creator of Stacks, predicts a breakout for Bitcoin’s layer 2 solutions, highlighting their potential amid recent all-time highs and the growing use of Bitcoin as currency.
Innovations like enhanced smart contracts contribute to a vibrant economy, underscoring Bitcoin’s evolving functionality beyond a mere store of value. Ali’s insights, including the role of Stacks in scaling and affordability, underscore a pivotal moment for Bitcoin, aligning with the broader crypto news narrative and investor anticipation for new ATHs.
Stacks touched its all-time high in the last week of March by reaching $3.74 and yielding more than 140% on year-to-date figures. Ali’s prediction is a booster rocket to the Stacks price, and investors can expect to see the Stacks ATH exceed more than once in the coming months.
Bitcoin (BTC): Backing off for a breather
There were cheers as the crypto news hit that Bitcoin reached its ATH of $73,738 on March 14. Since then, Bitcoin has reverted down to under $70,000, but that is nothing to be concerned about. Profit-taking is rife in the bull market; right now, investors are scooping a bit off the top.
Investors will be well advised to keep an eye on the crypto news. Halving has taken place, and the markets react strongly. History shows that after the halving, the Bitcoin price will skyrocket, but it has also gone the other way. Keeping an eye on the Bitcoin price right now is vital as investors rushed to accumulate Bitcoin before the halving event which significantly impacted the price.
Raboo (RABT): Presale of new Meme-Fi Ai token starts strong
Experienced investors know to keep an eye on the crypto news for presale offers, as these are the opportunities to get in early and benefit from maximum growth. Raboo, currently in its second presale phase with tokens available at $0.0036, is one such opportunity. The presale will push up the price by 233% upon culmination, and conservative estimates think Raboo can hit 100x growth once it trades on the open crypto markets.
Like Dogecoin and Shiba Inu — both sound investments — Raboo is a meme coin, but it’s with a mission: to rid the internet of unwanted memes. It brings a sense of fun and frivolity to what can be a very sterile trading environment. But it is not just all giggles: as other meme coins have proven, there’s serious money in meme coins.
Conclusion
The bulls are still running in full gallop, and the crypto news is that investing in Stacks, Bitcoin, or Raboo will stand an investor in good stead to gain massive profits in both the short and long term.
You can participate in the Raboo presale here.