Dogecoin and Uniswap In Crypto Quicksand, Raboo Investors Delighted With 60% Surge
Considering how established altcoins like Dogecoin and Uniswap have slumped recently, many investors have decided to seek a profitable opportunity among presale coins. While searching, they discovered the meme token Raboo (RABT), which has already delivered 60% gains in its ongoing token presale.
With over 8,000 investors already registered on the platform, it appears that investors are already delighted with Raboo and are now counting on it to become one of the most profitable investments in the meme token sector.
From DOGE to X payments: Elon Musk shifts gears, leaving Dogecoin investors in the dust
The optimism surrounding Dogecoin, fueled by Elon Musk's support, appears to be waning recently as a report by the news platform Bloomberg reveals Musk's plans of not using the token for payments on X. Therefore, instead of Dogecoin, he decided to use a subsidiary called X Payments, which has obtained money transmitter licenses in 28 states and is seeking approval in the remaining ones.
Although the use of X Payments on X does not rule out a possible future integration of Dogecoin, DOGE has remained bearish, declining by 25% to a current price of $0.1227 over the past month, signifying a drop in interest in the token among investors.
Active users on uniswap surge, but UNI price and DeFi involvement slump
Just recently a platform that tracks DeFi protocol data known as Token Terminal, unveiled that Uniswap protocol has surged in monthly active users. But this surge was overshadowed by a fall in UNI's TVL - the total value of UNI tokens locked or staked in DeFi platforms. The rise in activity also coincided with a slump in the price of UNI tokens.
The decline in UNI's price was tracked by a crypto data tracking platform called CoinMarketCap to 0.13% over the week and 14% over the past month. Should this trend continue, experts believe Uniswap would remain one of the unfavorable top altcoins to invest in this year.
Is Raboo the next Dogecoin killer? Presale surges 60% in presale
As top altcoins like Dogecoin and Uniswap struggle to maintain their position as profitable cryptocurrency investments, Raboo has managed to stand resilient, delighting investors with a staggering 60% surge in their holdings when the token presale progressed to stage 4.
The basis of Raboo's success and growth is its unwavering commitment to innovative technology, particularly its advanced AI capabilities. As a meme coin on a mission to redefine the meme sector, Raboo has established itself on a self-evolving AI system that continuously scans the Internet, identifying and elevating only the highest-quality memes.
Many experts believe Raboo will not relent at the 60% returns already delivered to early investors; instead, it's aiming for a 233% gain at the conclusion of its token presale and a potential 100x surge once it's listed in the market.
Conclusion
As investors seek more profitable opportunities amid the volatility surrounding the market lately, Raboo's innovative AI-powered project has captured their attention ahead of big names like DOGE and UNI, with many experts predicting that RABT could deliver even greater gains once it hits the exchanges.
Also, as the fates of Dogecoin and Uniswap remain uncertain, following their respective price declines Raboo is believed to keep serving as a better alternative for investors both in its ongoing presale and after launch.
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