If you want to list the popular meme coins making waves in the industry, Shiba Inu and Axie Infinity will likely top the list. That is cool! However, several meme coins are streaming into the crypto market, some with rapid success while others are not worth your penny. Let's discuss a new crypto, Raboo, and why its momentum is attracting investors.
When it comes to the exchange and collection of NFTs, Axie Infinity stands out as a unique platform, ranking number 81 on Coinbase. Through the Axie Infinity game, users can earn crypto while exploring its Pokemon-styled gameplay. In November 2020, AXS was priced at $0.18 but saw an incredible surge to an ATH of $165.37 in the wake of the bull surge in 2021.
Unfortunately, it experienced a tough time over the past year, ending 2023 at $8.8445. Currently, AXS is trading at $7.2, over 95% below ATH price. However, analysts predicted that AXS could go more than 2x towards the end of the year, while some believe its value could increase to $22.72. Nevertheless, AXS still maintains its position as one of the best gaming platforms in the crypto sphere.
For over four years after its launch, Shiba Inu remains the most prominent ERC20 meme token. Today, it has transcended its humble satirical beginnings to an expansive network. It encompasses an array of user-focused, DeFi-friendly and digital representation protocols, including a DEX, an L2 network and an inclusive metaverse. This comprehensive approach and vibrant ecosystem underscore its significance as a contender to oust DOGE's unchallenged reign.
As of the time of writing, SHIB is worth $0.00002399, marking a daily decrease of 12.96%. With all the price instability SHIB experienced lately, investors are still optimistic. Chances are that Shiba Inu (SHIB) may experience a full recovery from its recent maladies.
Raboo welcomes you to an ecosystem full of NFTs and AI-powered memes. $RABT holders can utilize the platform's unique social-fi model to earn rewards by participating in different challenges. The Post-to-Earn platform offers memecoin lovers a grand opportunity to monetize their social media presence. Here is why you should not snooze on the Raboo presale: experts speculate that RABT will increase by 233% before launch and perhaps 100x post-launch.
Wise investors spread their risk. They do not bet all their money on one outcome. As such Raboo is a great opportunity for traders looking to diversify for huge returns on their investments over time. To assure investors and the platform of security, Raboo underwent a thorough audit of its smart contract by SOLIDProof. Currently, the RABT presale has zoomed to stage two for an enticing $0.0036 and it's still blazing hot.
Seeing this new crypto secure and maintain its position among the top 20 cryptocurrencies will be amazing! Raboo is worth the hype in town. Kudos to SHIB and AXS investors already spreading their risks by taking hold of RABT and not betting their assets on one outcome.
You can participate in the Raboo presale here.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.