MOG and Raboo Rocket Past BNB, Igniting Meme Coin Mania!

The crypto market has endured a gloomy past few weeks of inconsistent price movements and volatility. But after all, it is the crypto market; the profits will always come back around. Just this time, it's not for all.

Binance Coin (BNB), like many other top altcoins, is not having the best time on the price charts, and the frustrations are piling up for BNB investors. However, meme coins are saving the day, again. It's meme coin mania season, and Mog Coin (MOG) is joined by the new AI crypto coin Raboo ($RABT) as the hottest crypto projects right now.

We have more on happenings in the altcoin market.

MOG impresses the crypto market

MOG is fast at displacing cat-themed meme coins. The Ethereum based meme coin is already leading ahead of every other coin in the 'cat meme' niche by market cap. And MOG's dominance has continued to show, performing in an upward price trajectory.

MOG has been a constant feature in crypto news over the past few weeks thanks to its surging momentum, which has increased investors' interest in the coin. MOG's rally peaked at $0.000002095 on July 1st, setting a new ATH.

However, the crypto market likes a bit of irony sometimes. MOG's rally could be its undoing. Analysts have observed that MOG's Commodity Channel Index (CCI) is on the high side at 130.83, demonstrating a case of overbuying, which could potentially lead to a setback for the MOG coin price.

Regardless, MOG is having a better time than BNB. The meme coin is still recording gains and swimming against the bearish currents.

BNB’s struggles continue

Binance’s troubles with regulatory bodies is no longer new news. Binance and its native token BNB have put up a good fight in court, and on its price chart. The many episodes of legal battles have dented the project's reputation and deflated investor confidence.

Outside the courtroom, there have been serious allegations flying around in the crypto news regarding ex-Binance CEO Changpeng Zhao (CZ) owning about 64% of the total BNB supplies in circulation. One can only imagine how much damage this allegation would have caused the already dwindling investor confidence in the coin.

Meanwhile, in typical top crypto project fashion, the BNB chain has continued to unveil new projects that increase Binance Coin's utility. These developments have not translated to much as BNB has only recorded a 3.92% in the past week, paling in comparison to MOG and some way off the projections for the new AI crypto coin, Raboo.

Raboo: Best of two worlds

Like MOG, the $RABT token is overshadowing BNB as investors continue to troop to its presale. However, many experts think Raboo is, in fact, better than MOG in terms of profit potential, and the reasons are not far fetched. Raboo is harnessing two of the most dominant sectors in the DeFi industry – AI and meme coin.

Meme coins are prolific. Everyone who has been around long enough in the crypto market knows the history of meme coins and unbelievable surges. However, meme coins have lost their essence in recent times. The industry is now littered with dry boring memes, and investors hardly trust these coins because of the recent recurring pump-and-dump syndrome in the sector.

Raboo token is heading to heal the meme coin sector by flushing out low-quality memes, injecting high-quality memes, and building a sustainable community of meme enthusiasts. Through its feature named, Rabooscan and its Post-to-Earn feature, where users can post meme worthy content and earn tokens. Raboo has set aside a whopping 135M token pool that will be used to reward its users.

Further, the AI sector is emerging as one of the most promising sectors in the Defi industry. According to Bloomberg's projection, the generative AI industry's market size could reach $1.3 trillion in ten years, which is impressive when you consider that its size was only a modest $40 billion in 2022. As an AI crypto coin, Raboo is making an early stake in the industry while also spotting the exciting features of a meme coin.

Conclusion

Binance Coin is still stuck in the crossfire of the authorities. MOG is enjoying a bullish run, but nobody is sure how long the party will last.

But, even better, Raboo is bringing together the best of two worlds. The AI crypto coin is deploying generative AI as a tool to cleanse the fun-deficient meme coin industry while also returning large profits to investors.

Raboo is in Stage 4 of its presale, and its investors already have 60% ROI in the bag. $RABT tokens are selling at $0.0048. And with a projected 233% presale gain, there's still something in it for new investors.

You can participate in the Raboo presale here:

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