This AI-Backed Meme Coin Project Is Getting Rave Reviews From Analysts. Here\'s Why

It's AI season, and Fetch.ai has grown into one of the leaders of the AI niche. FET has benefitted from the excitement around AI coins

Crypto coins have had an eventful year so far, with Q2 coming to an end. Here's a quick analysis of how the market has performed and what pointers we can draw for Q3 price projections, especially for three top trending altcoins: Binance Coin (BNB), Raboo ($RABT), and Fetch.ai (FET).

Binance Coin (BNB) price analysis

Binance might have wished for a better year, free of legal troubles. Most times when Binance has appeared in the crypto news this year, it has been because of sanctions or legal cases in various countries, such as the US and Nigeria. These sanctions have impacted its native BNB token, especially considering how the news affected investor confidence.

While many forecasts and opinions predicted a significant plunge for BNB price, the altcoin has managed to keep its head above bearish waters—just enough to remain one of the top altcoins in the crypto market.

One of the tricks that have helped Binance to stay afloat is its taste for new partnerships. Notably, MoonGate’s integration of Binance Coin has given BNB a huge boost.

However, while Binance Coin has demonstrated some resilience, the BNB price has dipped down 20.76% from its all-time high (ATH). In fact, according to data from CoinMarketCap, BNB's current price of $571.39 reflects a 4.69% decline over the last month and a 1.78% decline on a weekly chart. These are only fine margins, but at the moment, BNB doesn’t look convincing going into Q3.

Fetch.ai (FET) merger: What can investors expect?

It's AI season, and Fetch.ai has grown into one of the leaders of the AI niche. FET has benefited from the excitement around AI coins, and it's only normal for investors to anticipate what has for them in the next quarter.

In recent crypto news, Fetch.ai has announced that its long-anticipated merger with OCEAN and AGIX tokens is set to fully materialize next month, where both coins will be delisted from exchange platforms and assimilated into the FET token.

Apparently, this is a positive way to launch into the new quarter, but it remains to be seen how that impacts the FET price on the charts. However, investors have to be cautious as FET price has been on a downtrend over the past few days. Fetch.ai has shed 7.4% in price value over the past week, dipping to $1.44.

Raboo to bring meme entertainment and profits to the crypto market

As artificial intelligence continues to find its way into our everyday lives, the DeFi industry is experiencing an expansion in its AI niche. Fast Company reported earlier that AI tokens almost tripled their joint market cap between February and March this year. And that puts the viability of AI crypto coins like Raboo's $RABT token in the right perspective.

The Raboo project is seeking to stand in the gap between AI and memes. Although investors are still drawn to meme coins for their profit potential, the decline in the entertainment of the DeFi industry is obvious. Meme coins no longer live up to their names or as well as one would expect.

With Raboo coming on board with its generative AI, too, Rabooscan, the project is on track to be the next biggest crypto project in the next quarter. When users get creative on Raboo's Post-to-Earn feature, the Rabooscan AI will generate top-quality memes from those already posted, rewarding users with free $RABT tokens.

Conclusion

Crypto investors will wish for more stability and positive price movements in the next quarter, and Raboo might be the answer to their prayers. The project is already a subject in debates about the most likely top altcoins in Q3.

Experts' predictions point up to a 100x post-launch ROI, but you don't have to wait till then. $RABT tokens are valued at $0.0048 right now in Stage 4 of its public presale. Stage 1 investors are already at 60% profits, and you, too, can still make some of the 233% presale profits that are up for grabs.

You can participate in the Raboo presale here:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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