Raboo Presale Turbocharges to Almost $2M Despite Market Sentiment as AVAX and ENA Halt Bullish Momentum

The Fear & Greed Index compiles seven different indicators that measure market momentum, stock price strength, stock price breadth, put and call options, junk bond demand, market volatility, and safe haven demand.

The Fear & Greed Index tracks market performance by compiling seven indicators:

- market momentum

- stock price strength

- stock price breadth

- put and call options

- junk bond demand

- market volatility

- safe haven demand

The metric ranges from 0-100, indicating extreme fear to extreme greed, respectively.

For Avalanche (AVAX) and Ethena (ENA), the index has been indicating a sustained period of market fear. However, on the other side of the crypto market, newcomer token Raboo has been generating lots of greed with its presale record.

Let's explore both trends and see why Raboo is attracting so much attention.

AVAX hovers between fear and neutral as ENA halts bullish momentum

Over the past week, AVAX has oscillated around the Greed metric, indicating a positive market outlook on its token performance. However, in the last few days, AVAX has slipped through the Greed Metric and hovered around the Neutral and Fear margins, showcasing a pessimistic market sentiment for the coin.

In the past week, AVAX has seen a 3.08% price decline, and in the last month, the loss amounts to 33.19%. Some experts attribute this decline to the ongoing sell-off in the crypto market and AVAX price correction, which turned out bearish, contrasting with the anticipated bullish outcome.

On the other hand, ENA traded between $0.580 and $0.975 in the past month, but market volatility quickly snuffed out the nascent bull momentum, leaving a lasting market sentiment.

From scaling to an all-time high of $1.52 in April to taking a deep nosedive, Ethana continues to descend into the depths of bearish territory. ENA price shows a 3.27% weekly downtrend and a 38.89% monthly loss.

However, following this poor market performance, AVAX and ENA investors might be seeking greener pastures, evidenced by their participation in Raboo's presale for potentially high returns.

Raboo presale gathers steam despite market sentiment

Raboo is set to make a grand entry into the crypto market, and its presale has attracted investors in droves, recently surging from a few thousand dollars to nearly $2M. As market sentiment drives down token prices across the crypto market, Raboo's story is different.

When meme coins stormed the crypto market in 2021, many tipped meme coins to change the game for the crypto industry, especially as memes became a staple of social media. But today, meme coins have fallen short of these projections. With social media flooded by poor memes and meme coins leading to massive portfolio losses, the meme coin sector is in need of a shift.

Raboo combines the creative powers of its rapidly growing community with the prowess of generative AI to create memes, distribute rewards and generate high profits for its users.

Rabooscan, the generative AI, scours social media for meme-worthy content posted by members using Raboo's post-to-earn feature and identifies the highest quality content. It then generates memes from this content, and members receive a token reward for each content used by Rabooscan to generate memes.

This novel initiative will help Raboo amass a vast usership, and the demand that follows will propel the $RABT token's value to new heights. In the meantime, you can also secure short-term gains by joining the presale, which offers a 233% ROI.

Conclusion

For Raboo, the aim is simple: to enhance social media with quality memes, generate wealth for members through a high-reward tokenomics system and boost investors' portfolios with high profits.

The mission is unfolding as it has sold nearly $2M worth of $RABT and is generating massive momentum on social media for its unique offerings.

The presale is currently in Stage Four, with each $RABT token selling for $0.0048.

You can participate in the Raboo presale here.

,Please note: This is a sponsored press release and does not constitute investment advice. Please conduct your own research before making any cryptocurrency-related purchases and exercise caution. Also, note that the **losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt Scan**losses**Burnt

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