Meme coins are on the rise following Bitcoin’s rally and the atmosphere around the US presidential elections. Shiba Inu (SHIB) is getting analyst backing to make a 162% spike in the coming weeks, while the Pepe price is still well balanced between bulls and bears.
However, for some reason, the ROI timeframe and uncertainty around the SHIB and PEPE prices are not convincing. That’s why traders drop their positions for the new Raboo ($RABT) meme token.
We have inside info on the new project here.
Shiba Inu could make a U-turn in no time!
The SHIB network hasn’t had the best of years in 2024, as its traders have been put through significant back and forths on the SHIB price. The token has taken a bearing from the crypto market–now, Shiba Inu seems to be priming for a price reversal.
Some analysts think that the SHIB token is currently displaying signs of strength. It has formed a ‘Macro Hidden Bullish Divergence’ on its RSI, indicating bullish returns in the short term.
The aftermath of such trends is undoubtedly bullish. Some analysts are going with a modest 162%, while others are holding out for a 354% spike.
Pepe price to follow Bitcoin again?
The regular meme coin is largely under Bitcoin’s influence, and PEPE is no different. The Pepe price was the talk of the crypto-verse in May when Bitcoin’s halving sent the token to the top. Even recently, Bitcoin’s push towards $70,000 positively impacted the meme-verse, particularly PEPE.
However, the Pepe price seems to be in balance here, as the bulls and bears are equally matched, causing a narrow trading range for the PEPE token. There’s some speculation that the token could even slip below $0.00001, given its indicators.
The search for support on PEPE is still on, as the bulls need one for a strong rebound. Many of the metrics are still neutral, and suddenly, the new meme project appears very attractive.
Raboo: Meme paradise, profits galore!
The meme coin sector is a disaster, as the meme projects seem to have lost the plot. The pioneer Dogecoin started out with some humour in the crypto market, but most tokens are only concerned with rising in value.
The good thing is that meme coins are the toast of the market when it’s in bullish mode–like now. The bad news? Meme quality and quantity are at an all-time low, and Raboo is looking to revive the situation.
Raboo will introduce a generative AI, named Rabooscan. It contains cutting-edge technology, and will be responsible for scouring social media for memeable content. Rabooscan will collect a horde of content for memes, and all that’s left for the Raboo community is to ensure that the memes are funny and relatable.
As a user, you can also cash in on your contributions to the meme-making process. Post through the Post-to-Earn feature and earn some free $RABT tokens when your content is used.
Cool gains, right? Wait till you get into the presale!
Step into the meme paradise with Raboo
Raboo is the future of memes in the crypto market; even Shiba Inu and PEPE users are convinced. Now’s your chance to join in the fun; each $RABT token sells for $0.0048, and there’s some return on that investment.
Watch your deposits appreciate by launch day, as there’s a 233% ROI for the early joiners. Raboo could go on to pump 100x when it lists on a major exchange–that’s profit you don’t want to miss out on!
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
