Meme coins are all the rage this year. Frog-themed meme coin PEPE just proved that it was a 100x meme coin after surging to new all-time highs in 2024. On the other hand, Elon Musk's favorite Dogecoin has already proven its 100x meme coin. But as we enter the third quarter, neither PEPE nor DOGE are expected to recreate their epic 100x meme coin charts. Instead of PEPE or Dogecoin, analysts tip new AI and SocialFI meme coin Raboo as the next 100x meme coin. Learn why the smart money is taking out early positions in Raboo as of June 2024.
Cartoon frog-themed meme coin PEPE has been on an absolute tear over the past month, recording a 100% gain since the end of April. PEPE currently trades at $0.0000144 as of press time, with a market cap of $6.1 billion. PEPE recently printed a new all-time high last May 27th, when it last changed hands at $0.00001717. The significant increase in market activity foreshadows what could be another new all-time high in the works for PEPE. PEPE delivered big time on its early promise as a potential 100x meme coin when it rose to prominence in 2023.
Despite the backing of Tesla and X CEO Elon Musk, Dogecoin (DOGE) prices have been soundly outperformed by PEPE and other new meme coins like Raboo. DOGE recorded a 13.7% gain in the past 30 days, reflecting the lack of interest in the big-cap meme coin. It isn't for lack of visibility, either—DOGE had been shilled heavily on X (formerly Twitter) by Elon Musk himself. DOGE received a boost in hype after Tesla adopted it as one of its payment methods, hinting at a potential use case instead of a pure meme. At press time, DOGE was trading at a lackluster $0.16.
AI and SocialFi meme coin Raboo has made waves in 2024 after raising $1.5 million as of stage 3 of its presale. Raboo has gained traction as the next potential 100x meme coin with its unique AI, SocialFi, and post-to-earn characteristics. Raboo enables users to earn $RABT tokens by creating and disseminating memes using its AI meme generator.
By doing so, users help grow the Raboo community and move the needle in $RABT token prices. It's not just another meme coin—Raboo is a self-sustaining ecosystem with NFTs, staking, and earning opportunities. Raboo leverages the meme coin and AI narratives that will drive the next bull cycle, making it a strong candidate to become the next 100x meme coin of 2024.
PEPE and DOGE have already seen their absolute peaks. If you're looking for the next 100x meme coin, you're already late to the dance if you plan to buy PEPE or DOGE. Raboo is still in its presale stage and its entry price of just $0.0042 positions it better for parabolic growth this year. You're still early to the Raboo presale—don't miss out on a clear-cut chance for outsized ROIs.
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