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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

SUI Stunning Rally Continues As Bitcoin Aims For $65K – Has The Bull Run Began?

Bitcoinist
by Bitcoinist
11 months ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The bull run has started for SUI’s price, even before the rest of the crypto market catches on after it surged more than 66% in the last 30 days. In addition to SUI, Bitcoin‘s price has also recovered after a rebound that has seen onlookers predict a price increase to $65,000 in this crypto rally.

Raboo’s $RABT is also outshining other tokens in this crypto rally, with a registered 90% surge weeks after the start of its presale. $RABT is a new AI-backed SocialFi meme coin predicted to surge an additional 143% before the end of its ongoing presale.

SUI’s meteoric rally captivates investors as trading volume increases

SUI’s trading volume has risen nearly 30% on some days, adding to its 66% price surge in the last 30 days. At its core, SUI is built to solve existing problems among legacy blockchains, and its solid technical underpinnings have started to attract major partnerships, including a recent one with Google Cloud to boost Web3 advancements. Thanks to its strong emphasis on user experience, SUI’s blockchain network goes beyond the limitations of most blockchains to offer groundbreaking capabilities such as a zkLogin. SUI’s sharp bull run has seen it outperform legacy blockchain networks such as Cardano’s ADA, whose price has stagnated under the $0.5 resistance level.

Bitcoin’s bullish resurgence begins as crypto rally ensues

The move by the Federal Reserve to reduce interest rates has sparked excitement among Bitcoin holders of a possible start to a bull run. Bitcoin’s price responded with a rebound above $60,000, adding to BTC’s 6.89% price hike in one week. Compared to last month, Bitcoin’s price has surged by nearly 0.10% as the bears lose power to the bulls.

Now that the move by the federal reserve has confirmed the start of a bull run, institutional players such as BlackRock are quietly revealing a $35 trillion capital flow into the crypto space that could see Bitcoin’s price surge to new all-time highs.

Raboo’s $RABT breaks out into a bull run with a 90% price surge

Raboo is an up and coming SocialFi and AI-backed meme coin on track to shape the future of memes. Its ongoing presale is in its 5th Stage, and so far, $RABT has seen its price go from $0.003 at the start of the presale to its current rate of $0.0057.

$RABT is the native token of Raboo’s SocialFi platform, where meme culture lovers gather with other like-minded individuals to share funny memes and earn passive income at the same time. Thanks to Raboo’s Rabooscan, users can leverage generative AI capabilities to create memes and post them for a chance to earn $RABT, among other perks.

$RABT is revolutionizing the meme coin space with the integration of generative AI, thus combining two markets whose value is estimated at over $100 billion. With over 55% of $RABT tokens sold during the presale and only 63% of 1.8 billion $RABT up for grabs, now is a good time to jump in.

Conclusion

SUI’s meteoric ascent is a clear sign that we are entering a crypto rally like never before. Bitcoin’s price has rebounded above $60K, and the bull run is just getting started. Raboo’s $RABT is already captivating investors who have raised over $2.5 million, further fuelling the bull run.

You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal 
Twitter: https://twitter.com/Raboo_Official

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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