Raboo's $RABT Is the Meme Coin to Watch as Presale Raises Over $2 Million
The meme coin frenzy has hit again. Pepe (PEPE) and Dogwifhat (WIF) have registered slight upticks in market activity as meme hunters start to snap
Pepe (PEPE) and Dogwifhat (WIF) saw slight upticks in market activity as meme hunters started to snap up the dip in WIF and PEPE’s prices. However, a meme coin backed by AI and a SocialFi model saw investors flock to its ongoing presale.
Pepe's price hit a snag as the meme coin mania cooled. Pepe is touted as one of the most iconic meme coins with a market cap of over $3 billion, making PEPE a top 30 cryptocurrency. While the initial excitement around PEPE was driven by the camaraderie that comes naturally with Pepe the Frog, recent volatile market swings brought about double-digit losses, thus cooling down the hype.
Pepe's price has since shed over 16% of previous gains in the last 30 days. Recent spikes in market activity saw PEPE surpass Polygon. However, it remains to be seen whether this frog-themed meme coin will rebound.
Meanwhile, Dogwifhat's WIF is tipped to rally despite short-term dips. As market volatility increases across the crypto market, meme coins register the most volatile swings. Dogwifhat's WIF, for instance, just registered a 52% increase in trading volume, signaling the start of an accumulation phase that could see the dog-themed meme coin recover from its previous 69% drop.
After hitting an all-time high of nearly $5, WIF's price dipped to its current value of $1.5 in a move that saw prices stagnate. Analysts are still optimistic of a bullish outcome but warn of a short-term downturn.
Raboo's $RABT is the Meme Coin to watch as presale raises over $2 million. Raboo's ongoing presale has raised over $2 million from investors in support of the meme coin's emerging SocialFi and AI-backed coin.
Compared to Pepe's price or even WIF's recent performance, Raboo's $RABT is outperforming with a meteoric price increase of over 60%. With the presale currently in its 4th Stage, $RABT is priced at $0.0048, and analysts are forecasting further gains of 10,000% once $RABT launches on major exchanges.
At its core, Raboo's meme coin fosters a community-first approach where meme culture lovers can gather and create memes using Raboo's AI-capable meme generator, Rabooscan. Users can make memes covering the latest topics across social media and monetize those memes to earn $RABT.
Raboo will host several challenges and tournaments designed to give meme enthusiasts a chance to earn even more $RABT that can later be traded for real-world value. What’s more, $RABT holders will be able to take full advantage of earning through Raboo's SocialFi model through daily special giveaways.
Ultimately, Raboo plans to connect meme coin enthusiasts worldwide and spread fun and excitement.
Conclusion: Dogwifhat's performance will still be promising if critical support levels are established. However, Pepe's price stagnated as the meme coin craze cooled off. Fortunately, Raboo's $RABT offers the best opportunity for investors looking for a 100x meme coin in 2024.
You can participate in the Raboo presale here.
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