Cryptocurrency

24-Hour Meme Coin Rally: Shiba Inu And Pepe Shine – Rising Star Raboo is Moonbound!

IndustryTrends

The last few days have seen PEPE register a bullish resurgence after months of a price decline. Meanwhile, Shiba Inu’s SHIB has picked up pace despite the competition from new emerging meme coins it has registered a price increase of 35% over the last 30 days.

While the meme coin rally gains momentum, Raboo’s RABT is the latest rising crypto after its presale token surged 90% in a brief spell. Raboo is a Social-Fi meme coin backed by artificial intelligence that has seen investors raise over $2.4 million. Analysts have tipped RABT to rally further by 10,000% once it launches on major exchanges.

Pepe (PEPE) is tipped to recover with a 3x surge

PEPE naysayers have had to eat humble pie after the frog-themed meme coin registered a recovery with rallies as high as 15% on some days. Once touted as a rising crypto, PEPE boasts a vibrant following of supporters who have managed to give the meme coin support amidst a market-wide downturn.

PEPE’s price has struggled to remain afoot over the past few months; however, the recent weeks have brought some consolidation as critical support has been established. Analysts have predicted a short-term rebound for PEPE as its Bollinger Bands narrow, signaling reduced market volatility. If Bitcoin's price recovers, a meme coin rally can ensue, leading to a possible 3x surge for PEPE.

Shiba Inu surges as price increases 38% in 30 days

Shiba Inu’s price is rising amid a resurgence in the market that has seen Bitcoin’s price rise to $65,0000. In the last 30 days, SHIB has surged which has seen the price increase 38% in a move that has seen analysts predict a prolonged bullish trend for the dog-themed meme coin. Trading volume for SHIB has also risen over 70% in the last 24hrs.

Following an update from the project's marketing lead LucieSHIB referring to the stablecoin they are planning to introduce. They believe that it is the right time for them to introduce a stablecoin called SHI which would be pegged at $0.01. Recent reports have shown a rapid increase in the latest SHIB burn rate, leaving SHIB holders excited about a prolonged bullish trend. All of these factors combined have created optimistic predictions of a price rally to $0.0001 by the end of 2024 this sentiment remains popular among SHIB holders.

Raboo’s RABT sets the tone for the meme coin rally with a 90% surge

Raboo's RABT is the latest rising crypto whose ongoing presale has captivated investors, raising a whopping $2.4 million weeks after its launch. With a surge of 90% from its presale entry price of $0.003 to its current rate of $0.0057, RABT is pioneering the world's first social-fi and AI-backed meme coin.

Raboo's social-fi platform features a unique community-centric approach where meme culture lovers can connect with like-minded individuals and create memes. The platform boasts a post-to-earn model where meme lords are awarded RABT tokens for simply creating and posting memes.

Other users of Raboo are also rewarded through daily and weekly challenges as they engage with the platform. Thanks to its integration of generative AI capabilities, Raboo is tipped to rally some 10,000% once launched on major exchanges.

Conclusion

SHIB remains strong among a fresh bout of emerging meme coins. However, PEPE's price could register a bullish resurgence that could bring some long-awaited gains. At the moment, Raboo's rising crypto presale is taking center stage.

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