Floki Sees Red As Raboo's Presale Launches Polkadot Holders Into The Green!

Another coin in the spotlight is Raboo ($RABT), a new AI meme coin. Still in its presale phase, Raboo has proven to be a great opportunity for crypto enthusiasts. Its integration of AI, Social-Fi, and Rabooscan are among its top features. Additionally, a possible 100x surge when it launches has been a major attraction. Keep reading to find out more. 

Floki unable to hold price surge

The dog-themed meme coin FLOKI is having difficulty regaining its strength. The bull-bear rivalry is showing conflicting signs in the meme currency market. FLOKI is currently trading at $0.0001254 after a 16.34% decline in the last 24 hours. The daily trading volume has increased by around 31.74% to $520 million.

Floki has had a bit of a spotlight moment this week, with its social dominance surging to 1.55% according to LunaCrush. In the monthly price chat, Floki was down considerably by 25.72%. It seemed to have been regaining a bullish momentum in the seven day chart, only to decline again in the last 24 hours. 

Polkadot shows signs of uncertainty 

Uncertainty is evident in Polkadot's market sentiment. For the last two weeks, the $4.22 price point has served as a support level and has been tested several times. If Polkadot continues to rise from here, it could reach a high of about $5. 

Technical indicators, however, paint a contradictory image. A change in momentum is indicated by the downward crossover of the MACD, and rejection was encountered by the OBV close to the month's highs. In spite of this, the OBV has not decreased significantly, and levels near $3.6 appear distant. However, a sharp drop in the market could potentially drive the price down to this point.

According to price analysis, Polkadot might form a short bottom. The $4.22 barrier may break momentarily, but an analysis of the liquidation heatmap indicates that this could result in a temporary uptick. However, significant liquidity at $4.11 may cause a decline prior to a trend reversal.

Raboo provides good investment opportunities for meme enthusiasts 

Raboo is making a name for itself in the meme coin market by using Artificial Intelligence to fill a specific market need. With more than 11,000 registered users and over 3,000 token holders, Raboo's presale has already raised more than $2 million. The AI meme coin recently finished the Data Collection, Cleaning, and Labeling stages of the first phase of Rabooscan, its AI meme generator. Now that it has reached the model development stage, more expansion and innovation are possible.

Raboo's AI-backed technology and potential to upend the meme currency industry have drawn the attention of investors more and more. To set the token apart from existing meme currencies, the Post-to-Earn platform gives users the opportunity to make money off of their social media content. Forecasters project a 100x increase, a chance to be among the top 20 cryptocurrencies. Raboo is in its Stage 4 of its presale, selling for $0.0048, so interested investors can still hop on the wave for a greater ROI.

Conclusion 

Floki has had another significant drop after a week of trading greens. Apparently the bulls were unable to sustain the trend. While Polkadot also continues to fluctuate but is still in the hands of bears. Giving a reason to smile is Raboo, a new AI meme coin with lots of amazing features and potentials. Its AI integration and ability to provide earning opportunities before it launches makes it stand. Holders of Raboo can also prepare for a possible 100x surge once it launches. 

You can participate in the Raboo presale here:

Telegram: https://t.me/RabootokenPortal 

Twitter: https://twitter.com/Raboo_Official