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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Ethereum Turning Things Around With The Help Of New ERC20 Meme Coin

Bitcoinist
by Bitcoinist
Last Updated: September 26, 2024 6:56 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As Ethereum starts shaking off its slump, it’s getting a helping hand from exciting new ERC20 tokens like Raboo. With a blend of AI innovation, social media engagement, and a loyal community, Raboo ($RABT) has already seen a 90% gain in value and isn’t showing any signs of slowing down. 

As ETH regains its momentum, Raboo is right there, ready to lead the charge as the most innovative new meme coin in the game. Read on to find out more!

ETH turns green; could Ethereum finally be back?

After months of barely moving, Ethereum is finally showing some energy, climbing over 13% in just the past week. This turnaround brings some relief to ETH holders who’ve seen it fall behind Bitcoin and other cryptocurrencies all year. 

While critics haven’t held back, the fact remains that Ethereum still dominates DeFi. More than half of all stablecoins are on ETH, and over 60% of DeFi assets are locked up in its ecosystem. 

Now, experts are calling ETH a contrarian bet, meaning it could start surprising people as we get closer to the end of 2024. And if Ethereum starts turning things around, ERC20 tokens like Raboo could be one of the biggest winners. It’s been gloomy for ETH this year, but this shift could mean brighter days ahead.

Raboo hits 90% gains since presale launch, with about $2.5 million in liquidity

While everyone’s debating where ETH is headed, Raboo is going all-in with its mix of cutting-edge tech and AI features, and it’s making a name for itself in the meme-eat-meme world. The goal is to take over the $46 billion meme universe with its $RABT token and totally change how we look at online humor.

Raboo also plans for NFTs, token burn events, and securing listings on some of the top exchanges. This project is about long-term growth, keeping investors pumped for what’s to come. 

For one, their AI-powered meme generator tool, Rabooscan, is in the works, and the post-to-earn model will let users monetize their social media content. Throw in weekly and monthly challenges with real rewards, and you’ve got a project that’s giving real-world utility to memes.

Security-wise, Raboo is no slouch either. It passed a smart contract audit by SOLIDProof, so investors can breathe easy. Plus, its SocialFi ecosystem lets you stake $RABT tokens and earn passive income just by being part of the community. 

The presale is already a huge success, with 90% gains since launch. Now in Stage 5, Raboo’s raised over $2.5 million, and the token’s price has shot up from $0.003 to $0.0057. Analysts are saying this could be just the beginning, predicting a 233% surge during the ICO and possibly a 100x return post-launch.

Summary

Ethereum didn’t do so well in the past year, but the tides are turning with a 13% gain. The real growth however,  is coming from a new meme coin, Raboo, built on Ethereum’s ERC20 network. 

While it definitely draws on some of ETH’s success, Raboo is gaining a foothold in the market all by itself, working on AI tool Rabooscan, a post-to-earn model, and a generous staking pool, and is expected to grow 100x once it hits the exchanges!

You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal 
Twitter: https://twitter.com/Raboo_Official

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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