The $62 billion meme coin market is experiencing lots of changes currently, and investors are clamoring to know what the future holds for interesting meme coins like Dogecoin , FLOKI and a new presale coin known as Raboo (RABT).
Eyes are on Raboo, due its remarkable achievements like registering over 8,000 meme enthusiasts on its platform and raising over $1.8million in its ongoing presale. Let’s explore what experts have to say regarding the future trajectory of DOGE, FLOKI and $RABT.
Dogecoin Nears $0.14 Support Zone, Analysts Warn of a Continuous Decline
Over the past week, Dogecoin witnessed a price decline of about 11%. The price of DOGE is currently, at $0.1428, just below the $0.15 resistance level. With DOGE still declining, it is getting closer to a support zone of $0.14. According to analysts, should Dogecoin cross this support zone, the meme token may slump further making it an unfavorable crypto to invest in.
FLOKI Price Prediction: Analysts Say Token Might Rally Soon
Influenced by a strong selling pressure FLOKI , decreased by 29% within the past 7 days, Despite Floki’s bearish condition, top crypto analytical and news platforms like Changelly still hold a bullish outlook for FLOKI. The platform predicts that the price of FLOKI, which is currently at $0.0002119, will likely rise to $0.0002278 before 2024 ends.
Raboo Rockets: Presale Surge and 100x Post-Launch Prediction Fuels Bullish Frenzy
Considering its recent achievements like raising over $1.7 million and surging by 60% in its presale, Raboo has continued to spark bullish predictions from crypto analysts. One of these predictions include a potential 233% surge in the presale coin by the end of the presale and a potential 100-fold surge when the meme coin launches.
One of the main reasons analysts are bullish on Raboo is due to its robust and attractive tokenomics, which aims to implement a unique feature called token burn. Token burn is designed to reduce the overall supply of $RABT tokens, potentially increasing the scarcity of the token and driving up its value.
Another intriguing feature aimed at driving the value of $RABT upwards is the zero-tax structure that Raboo aims to implement. With this feature, investors can buy, sell, and send $RABT tokens without incurring any additional charges.
Raboo’s presale is still ongoing, with its presale tokens currently selling at $0.0048 each -a ridiculously cheap offer for a coin that has the potential to skyrocket by 100-fold.
Conclusion
Considering the current FLOKI and DOGE are currently facing, analysts believe that the current downturn of these cryptocurrencies might persist, leaving investors to search for a better crypto to invest in.
Meanwhile, Raboo is expected to remain in the spotlight, as it has already raised over $1.7 million in its presale and is expected to surge by up to 100 times its launch price, thanks to its unique tokenomics and zero-tax structure. Investors are eagerly awaiting the launch of Raboo, which could make it contend with DOGE and FLOKI.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
