A quest for the memecoin which could displace Polkadot in 2024
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As DeFi falters, the meme sector thrives with Pepe and the rising memecoin Raboo drawing attention in the crypto space
It’s been ‘memecoin assemble’ for the past month, as the meme sector took a turn for the best. Even the frog memecoin Pepe followed the move closely as the DOT price took a big dip. The DeFi guard is falling, and it’s up to memes to revive the profits.
But could Pepe be the answer? Raboo (RABT) is a new memecoin displaying more potential than we have seen in the crypto market. And with its project line-up and potential profits, Raboo has gone from a newbie to the toast of the crypto-verse.
There’s hardly been a better time to launch a presale.
DOT price falters despite platform upgrade
The DeFi coins are not getting much from the market so far. Despite displaying a rather healthy network, Polkadot (DOT) is in danger of crashing soon.
Daily holder counts and on-chain token volumes are at an all-time high, but the DOT price is down 10.38% in the past 7 days. The bad news is that analysts are tipping the token to hit another 13% loss before it starts to shape up for a spike.
Polkadot users are in for a long wait if the reports are anything to go by. And it will be nothing pleasant. Already, the DOT price is making holders think of replacements for Polkadot in the short term–some meme coins come to mind.
Pepe price fluctuations could cost it
When you think ROI, you think memecoins, and Pepe is one of the first meme tokens to come to mind. And for good reason. The token is arguably one of the best-performing memecoins this year, as the Pepe price reset its ATH in May.
Now, there’s been a lot of fluctuations that caused traders to hold their opinion of Pepe. While some believe the Pepe price will hit a recovery soon, the general consensus is that the bearish trend could continue.
Pepe has lost 15.3% of its value in the past week, and a further decline would see it hit $0.00001. With investor confidence dipping and a declining Open Interest, the drop seems inevitable for Pepe.
Raboo is looking like the best choice available. Here’s more on the project and its presale.
Raboo: Last stand for profits in 2024?
Long-term prospects beat erratic spikes for investors, but traders only speak the language of profits. Sadly, the memecoins that offer the biggest spikes are often short-lived in relevance.
But here, we have Raboo offering both features on a platter, and that’s why the token is gaining so much traction in the crypto market. The Raboo project was created to solve the issue of low-quality memes in the crypto-verse. And Raboo is offering one solution: crypto AI.
With Rabooscan’s activity, Raboo will revamp meme creation in the crypto market. The algorithm will pull meme-worthy content from social media to create memes for circulation. With humans on hand to verify the memes, Raboo will soon become a horde of funny, relatable memes.
For meme enthusiasts, Raboo is a huge opportunity to interact with like minds in a community where creativity is the key. For other meme projects, they probably will have to upgrade to Raboo’s standards or risk losing their users to the new SocialFi project.
Double the gains in stage 4 of the Raboo presale
Raboo is taking the fight to Polkadot and other top crypto projects. Its exciting features have already impressed more than 3,000 token holders who have invested over $2 million in the RABT presale.
The ongoing Raboo presale is in Stage 4, and the presale bonus for this stage has doubled. Investors will get 20% bonuses instead of 10%, but only if they purchase the token quickly.
The RABT tokens are worth $0.0048 each, with the potential of rallying 100x when they list on exchanges. That’s $30,000 if investors invest $300 today–no wonder Raboohas become the talk of the town.
For more information, visit Raboo’s presale website or follow the project on Telegram and X for the latest updates.
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