Meme coins come and go, but Dogecoin has stayed steady as the king. Yet, with the coin losing some of its luster amid utility and inflation concerns, investors are turning elsewhere in pursuit of greater gains. Many have landed on Raboo, a new meme coin promising to change the game with AI-generated memes.

Read on to find out why Raboo’s $2.5 million presale raise might just be the start of its 100x run.

Dogecoin’s dominance may be coming to an end

Like Bitcoin, Dogecoin rose to the top of the ranks in 2021 and has remained there ever since. It currently holds a $15.5 billion market cap today at the 8th spot. While it was originally created as a joke back in 2013, few would anticipate that DOGE would nowadays receive support from high-profile figures like Elon Musk, which has helped maintain relevance.

DOGE certainly has a first-mover advantage, but its position has grown increasingly under threat over the past few years. After it became a 100x meme coin back in 2021, competitors like Shiba Inu and Floki stole some of the spotlight, and recent waves of meme coins—Pepe and Dogwifhat, for instance—have diluted DOGE’s dominance.

Some skeptics point out that DOGE has little going for it besides its brand name. While Dogecoin has seen some use in microtransactions and payments with certain merchants, its utility is poor compared to other meme coins. 

At a rate of 10,000 DOGE per minute, Dogecoin is also inflationary, meaning a lack of scarcity could limit future price growth. With these flaws in mind, a new competitor might just knock DOGE off the throne in the coming years—could it be Raboo?

Raboo’s new AI meme coin rakes in millions

Learning from Dogecoin’s mistakes, Raboo is a new meme coin built around a utility-based ecosystem. Central to its appeal is a proprietary AI tool known as Rabooscan. This tool collects the hottest memes from social media and allows users to create AI-generated memes. These memes can then be used to earn additional $RABT tokens through winning regular competitions or sharing them on social media, thanks to Raboo’s Post-to-Earn model.

This SocialFi model has helped Raboo become one of the most anticipated meme coins of 2024 in its ongoing presale. Right now, $RABT is in the 5th stage of its presale, raising more than $2.5 million and already jumping 90% to hit $0.0057. Some analysts predict a further 143% spike before the presale’s conclusion, but others foresee Raboo becoming a potential 100x meme coin when it debuts on exchanges this year.

After all, Raboo’s ecosystem doesn’t end at AI. There’s also an NFT project in the works, generous staking yields, and a deflationary token-burning mechanism—each designed to maximize value for investors. Add in a smart contract verified by SOLIDProof and a 0 buy or sell taxe, and it’s easy to see why Raboo has already recruited thousands of loyal backers.

With generative AI and meme coins only set to grow in popularity, Raboo’s community-centric approach could push it into the mainstream. Keep an eye on this rising star—it could soon be rivaling Dogecoin as the king of meme coins.

You can participate in the Raboo presale here.

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