Raboo Soars 90% After $2.5 Million Raise, Can It Rival Dogecoin and Shiba Inu?

With Solana and SEI moving higher in recent weeks, some traders are banking their profits. They are searching for the next moonshot opportunity. Many have picked up on Raboo, a new AI meme coin that might have 100x gains in store this year.

Solana (SOL) and Sei (SEI) have been two of the best performing cryptocurrencies of 2024. Both tokens have surged more than tenfold year-to-date, largely thanks to the booming growth of their respective ecosystems.

Solana’s average daily active addresses have hit a record high of 5.6 million, up from around 250,000 a year ago. Meanwhile, DeFi growth has also been impressive, with around $5.2 billion in total value locked (TVL) on Solana, up from a low of about $2 billion.

Solana’s native token has risen 11% over the past 30 days, priced at $147.20. SOL is now up 740% from a September low of $17.

Sei, a Layer-1 network optimized for decentralized trading, has also seen its daily active addresses grow to the hundreds of thousands, up from just a few thousand in August.

Its TVL has reached a record high of about $190 million, up nearly 75% in the past month.

The network is capable of handling up to 12,500 transactions per second, making it ideal for high-throughput applications like decentralized exchanges (DEXs).

SEI’s price has followed the same route as SOL. From around $0.10 in October last year, Sei boomed, peaking at just above $1 in March.

Moreover, it can keep its bullish momentum in the foreseeable future. SEI has risen 269% in the past year, currently worth $0.46.

Solana and Sei can climb higher over the next few weeks and months, but some of that momentum is also spilling over into Raboo’s (RABT) moonshot presale.

Solana and Sei both saw their prices explode after strong adoption of their respective ecosystems.

Raboo, which belongs to the AI, meme coin, and SocialFi sectors, is aiming for something similar after seeing more than $2.5 million pour into its presale.

Raboo’s native AI agent, Rabooscan, scours the web for the latest memes, which users can then use to craft AI-generated memes.

They can then earn extra $RABT tokens by winning regular meme contests or sharing on social media through Raboo’s Post-to-Earn platform.

Built on the Ethereum network and with a smart contract already audited by SolidProof, Raboo’s vision of building one of the largest meme-based communities in Web3 has lit a fire under investors.

They’ve pushed it up by 90% already, with a forecast 143% left before the presale concludes, potentially ahead of a 100x surge later this year.

With a token-burning system, an NFT project, and lucrative staking rewards in the works, Raboo might be the best crypto to invest in right now. Get involved before presale tokens sell out.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

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