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Raboo Dominates The Meme Coin Market, Can Dogecoin And Pepe Keep Up?

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

It’s been a week of highs and lows on the Ethereum network so far, as some tokens associated with ETH turned in profits. Dogecoin (DOGE) and Pepe Coin (PEPE), however, succumbed to the market-wide slump, and investors are still undecided on the pioneer meme coin.

Guess who else is benefiting from Ethereum? Raboo ($RABT), another meme coin aiming for a place in the top 20. We already have DOGE and PEPE in the top cryptos list, and $RABT is set to oust them both.

Here’s more on Raboo’s presale.

Pepe Coin hit ATH but came back down

Although Pepe hit its ATH at the end of May, the meme coin has slipped down since that high. At the time of writing, the meme coin is down 9.85% weekly.

After accumulating about 107% in May, Pepe Coin was popular in analyst discussions for June’s predictions. TradingView placed the token among the highly volatile coins, stating that PEPE’s price was highly speculative, given its meme coin nature.

In contrast, FXStreet’s analysis placed PEPE on the bullish radar. The large PEPE holders were not looking to sell their stash despite PEPE smashing its ATH at the time. With so many people holding on to PEPE, a token pump was expected in June but has fallen short of expectations.

Dogecoin isn’t keeping up

The meme coins experienced some surge of sorts after the Ethereum ETF news in May, and many seem to be in recovery, but DOGE price still seems stuck. Even after a month, DOGE keeps slipping into losses, shedding about 14% in the last 30 days of trading. Currently analysts are torn between whether to expect a bullish wave or Dogecoin is simply declining, again.

It seems more like the latter, though, as Dogecoin is still on 9.51% weekly losses at the moment. The token is below its resistance levels at $0.13, and it looks only likely to drop.

It’s a typical meme coin drama and Raboo is here to recoup any losses; analysts are tipping the new token for huge profits.

Raboo: Quality memes, courtesy of AI

The Raboo project is a mix of memes and profits in just the right amounts to keep you entertained and in the green. Don’t worry; entertainment on Raboo is nothing like other meme coins; in place of tacky, overused memes, Raboo will offer fresh, fun memes every day.

The point of memes was to create some humor in the crypto-verse amid all the trading pressure. Raboo thinks most meme coins have missed the point, and it is refreshing the narrative with its own new, AI-powered memes.

Raboo is not introducing some new concept into the meme-verse. It simply takes an original concept and revamps it totally. Artificial intelligence will be heavily involved in producing the cutting-edge memes Raboo intends to circulate. With AI in charge of meme-making, you can rest assured that you’d only get peak entertainment from Raboo.

Conclusion

There’s a lot of talk over Raboo’s profit potential, especially with its real-world utility-focused features. Analysts expect the presale to generate 233% ROI, but that’s nothing compared to the 100x profits when the top-tier exchanges list $RABT.

So get yours today; join the presale while $RABT tokens are only worth $0.0048, and watch your profits accumulate!

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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