ADA turned in a decent, if unspectacular, gain from $0.3 during the first week of September to peak at $0.41 by the end of the month. But just as bulls were making Cardano price prediction estimates of $1 by the end of the year, all the gains it made last month evaporated at the beginning of October. But is there potential for the EOY Cardano price prediction to turn the trend around? Some believe a 4x is possible.
However, the new AI meme coin Raboo ($RABT) has outperformed ADA as far as gains are concerned, sizzling with a 90% profit. While plenty of things need to go right for ADA to come even remotely close to the bullish Cardano price prediction of $1, Raboo is poised for a full-blown parabolic run in 2024 and beyond. Here’s why.
Cardano price prediction: Is 4x possible?
Bullish analysts were hasty in making improved Cardano price prediction estimates in Q4 after ADA surged by 13% in the final week of September. However, after a week into October, all those gains had been obliterated. As of press time, ADA was trading at $0.34, torpedoing expectations that it could turn on a 4x gain to close out the year at the $1 range. Here’s the problem: for ADA to match the $1 Cardano price prediction figures, it would have to go on a 185% run from its current price. With ADA failing to reclaim the Fib retracement level at $0.418, a 4x rise will only be possible if the bulls break out at the aforementioned retracement level—and hold the line from there on out.
AI meme coin Raboo delivers a scintillating 90% profit for presale investors
AI meme coin/SocialFi token Raboo has torn it up with a 90% gain, putting early investors smack bang in a profit. Raboo is combining meme coin appeal with AI and SocialFi functionality that could give it a pathway to an explosive run for its native token, $RABT. It doesn’t matter if you’re in it for the memes or in it to swing it—Raboo ticks all the boxes of a blue chip that could go on a 10x run in October.
Raboo is an ERC-20 meme coin that gives users the opportunity to earn $RABT tokens when posting memes and engaging with its community. That means Raboo holders can translate their efforts in growing the brand into financial incentives with its unique AI-powered Rabooscan meme-generating machine designed to create memes that are ready to go viral at the flick of a wrist.
Another major incentive for investors is Raboo’s zero-tax policy, which favors investors and traders in a major way. Meme coins with sell taxes are a disincentive to traders who wish to capitalize on price swings by eating into their profits and penalizing them from swing trading. Raboo allows holders to trade the meme coin and take advantage of price spikes in order to profit from trading opportunities that only meme coins can provide.
The final word
The Raboo presale has set off a buying frenzy, with the project raising $2.6 million as prices have risen from $0.003 to $0.0057 as of press time—and with the heightened interest in Raboo, prices are slated to keep increasing until $RABT lists. Now’s your chance to get in on the ground floor of a meme coin on the verge of a breakout.
You can participate in the Raboo presale here.
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