As meme coins heat back up again, it’s unsurprising that some investors are turning to old favorite Dogecoin. However, those hunting for their next big breakout meme coin have landed on Raboo ($RABT) amid rumors it could 100x this year and even hit $1.
Supported by an AI-driven SocialFi ecosystem, Raboo is on a roll right now. Will $RABT outperform DOGE in 2024? Dive in to find out.
Is Dogecoin still the meme coin to watch?
After a relatively quiet debut in 2014, DOGE shot to mainstream attention in 2021 after endorsements by figures like Elon Musk, helping to kickstart a massive parabolic run in the 2021 bull market.
Dogecoin’s price surged almost 16,000% between January and May 2021 to a high of $0.7376. At its peak, it held a market cap of $88.7 billion. Nowadays, it’s worth $0.123 with a market cap of around $18 billion, placing it as the eighth most valuable crypto.
Dogecoin remains a favorite of retail investors and whales alike. Recently, Dogecoin’s price broke through the key $0.111 mark, pointed to by one analyst as a strong resistance level that could signal a move to $0.15, while the same Twitter user noted that whales added $140 million worth of DOGE to their bags in recent weeks.
However, while DOGE has seen growing, albeit slow, adoption, such as the Dallas Mavericks now accepting it as payment, Dogecoin relies a lot on its brand image and the support of Elon Musk. New breakout meme coins are constantly entering the scene and posing a threat to DOGE’s dominance, and now, many are turning to Raboo instead, in anticipation of much greater returns this year.
Raboo’s new AI token could be the future of meme coins
Raboo is a new AI-based meme coin storming ahead in its ongoing presale. Set to rival the likes of top meme coins like Dogecoin, Shiba Inu, and Pepe, Raboo combines AI tech and meme culture in hopes of building the largest meme community in the crypto space.
Central to Raboo’s value is a SocialFi ecosystem. Using AI, Raboo scrapes the hottest memes from social media and feeds them into a meme generator, allowing users to compete in regular meme-generating contests for a shot at a bounty of $RABT tokens. Memes can also be monetized via Raboo’s Post-to-Earn program, where investors share their creations and boost the project’s visibility in return for extra $RABT tokens.
But the avenues for profit don’t stop there. Raboo’s upcoming staking pools are expected to be a hit with investors, offering a generous passive income alongside $RABT’s prospective gains. No buy or sell taxes and a deflationary token-burning mechanism further incentivize investors to load up on $RABT. Meanwhile, an NFT project in the works could prove to be extremely lucrative.
As a front-runner in the AI-driven meme coin sector, Raboo has already raked in more than $2.5 million to hit the 5th Stage of its presale. It’s already jumped by 90% to $0.0057, with a potential 143% increase due before it hits exchanges—a prime opportunity to multiply potential profits. Experts think $RABT could be the next breakout meme coin with 100x in store for early backers, with $1 possibly on the cards.
Raboo could be highly explosive this year—stay tuned and tap into the presale while it’s still available.
You can participate in the Raboo presale here.
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