Most popular projects like Dogecoin and Shiba Inu introduced their tokens into the market through presales. Experts have predicted promising growth for these cryptos due to the upcoming Bitcoin halving.
However, their investors are turning their attention to Raboo and its presale. Raboo is a meme coin that incorporates elements of AI and SocialFi into its ecosystem. Keep reading to find out what's so special about this new crypto.
Tesla is creating history with its largest layoff ever, which will affect 15,000 employees. Dogecoin (DOGE) enthusiast and Tesla CEO Elon Musk announced plans to cut 10% of Tesla's global workforce. This decision caused serious concern among Dogecoin investors, as they were worried about other changes the CEO could make to Tesla.
Although Musk has not confirmed this, some investors speculate that Dogecoin might no longer be one of Tesla's payment choices. These Dogecoin investors' fears might be coming to pass, as market charts have shown that Dogecoin is starting to fall.
Major price prediction companies have predicted a 225% increase for Shiba Inu in 2024. Based on their analysis, the meme coin might surpass its previous all-time high, which it reached in October 2021. In March 2024, Shiba Inu impressed market experts with a 280% increase. By doing this, it outperformed big-league cryptocurrencies, including Bitcoin and Ethereum.
With the Bitcoin halving event coming soon, Shiba Inu is projected to skyrocket even more. This profit rally has led to increased optimism among Shiba Inu investors and other popular crypto community celebrities. One of these celebrities, Oscar Ramos, has compelled investors to buy the meme coin now. He also mentioned that it would be unwise to pass up on this amazing opportunity. Apart from Shiba Inu (SHIB), another meme coin, called Raboo, is gaining traction in the DeFi market.
Only a handful of crypto projects provide genuine utility for global crypto whales. Raboo is one of these few, as it combines DeFi, AI and meme culture. Its native token, RABT, aims to capitalize on the $62 billion meme market through a blend of social finance and AI.
Moreover, Raboo (RABT) shows how much it values its users by offering various incentives for their contributions to its growth. This way, the platform enhances social credibility and attracts more market attention. RABT, the platform's native token, enables participation in challenges for prizes, exclusive giveaways and token rewards.
Built on the Ethereum network, RABT has a total supply of 1.8 billion units. 1.1 billion of these tokens will be available in the upcoming Raboo presale at a discounted price of $0.0036 each. RABT holders can engage in meme-creation activities for rewards and participate in Raboo's social finance challenges.
Meme coins are proving to be the future of the DeFi market. Their profitable ecosystems and contribution to the growing crypto industry have earned them a huge reputation in the financial sector. Market analysts anticipate that after its launch, the new Raboo could rival meme coin market leaders like Dogecoin and Shiba Inu.
You can participate in the Raboo presale here.
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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.