One crypto sector that has recently been bubbling with activity is the memecoin sector. Many projects are springing up, promising immense potential and great returns. However, amidst all this noise, analysts have picked three memecoins that are memecoins to beat for 2024.

These memecoins have shown great potential in the markets while also building a bustling community around their meme projects. These memecoins are Shiba Inu, Bonk, and a new meme king on the block, Raboo. This article will explain why analysts are tipping this new AI-powered memecoin to become one of the greats.

Why memecoins are getting all the buzz

In recent times, memecoins have become a mainstay of the crypto space, generating buzz and entertainment for crypto enthusiasts. However, many of these projects are trendy and have no real utility. This makes them die out after a while. However, a new trend of these memecoins is emerging, with engaging communities and good use cases. A memecoin like Raboo is a good example of this. 

Apart from their use cases, these memecoins usually have a low market capitalization and entry price, making them easily accessible to different investor classes. Also, their low prices mean higher growth potential and better returns. So, these coins are usually preferred for scalping better gains.

Shiba Inu: The dogecoin slayer

Birthed into the memecoin community in 2020, Shiba Inu ($SHIB) was created by an anonymous creator known as ‘Ryoshi.’ It belonged to the same dog-themed family as DOGE and was called ‘The Doge Slayer.’ With Tesla founder Elon Musk endorsing the memecoin, Shiba Inu did a 4,000% increase in 3 months. This perfectly exemplifies the trend most memecoins follow, as the coin lost over 90% of its value.

However, Shiba Inu has risen over 150% from its price at the beginning of the year. With various strategic partnerships in the works, Shiba Inu could be one memecoin to watch out for later in the year.

BONK: The solana dog meme

Self-dubbed "The Dog Coin of the People," BONK was launched on the Solana network and given as a free airdrop in 2022. After it was listed on major exchanges like Coinbase and Binance, BONK went on a meteoric rise, creating many millionaires who didn't spend a dime. Unlike most memecoins, the BONK project has found ways to bring utilities to the meme project, hosting multiple integrations with other products. With multiple integrations and gaming projects still in the works, BONK is a great memecoin choice to watch out for this year.

Raboo: The new memecoin king

Raboo ($RABT) isn't called the new king on the block just for fun. Unlike most memecoin projects, Raboo comes with an innovative feature right off the bat. With the Rabooscan tool, which helps to scan social media for authentic memes and provides information about these memes, memers can now find out more about their favorite memes and even get ideas for more memes.

The Raboo project combines two lucrative markets (the AI and memecoin markets) to create a project dubbed the most exciting memecoin of 2024. Currently sitting at a presale price of $0.0042, analysts predict this coin will do 233% by the end of its presale. With the team currently in the 3rd Stage of their presale, they plan to unleash various collaborations that will eventually get this memecoin to Tier 1 exchanges. By this phase, the coin is expected to be worth 10,00% of its current price.

So, if you're looking for the next memecoin to generate immense growth, Raboo is a great choice to invest in. 

Conclusion

While memecoins like Shiba Inu and BONK can still give holders good returns, they are unlikely to reach their previous heights again. However, with new projects like Raboo, the future holds great potential. With the promise Raboo has shown in its current presale phase, indicators point to it going on a meteoric rise once it hits major exchanges. Get in before the meteor comes and get presale tokens here.

You can participate in the Raboo presale here.

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