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As evidenced by their billion-dollar market caps, Shiba Inu and PEPE are among the most popular meme coins around. Much of their popularity stems from the fact that they have turned investors who threw in their lunch money before they popped into overnight millionaires.
While they remain among the popular meme coins to invest in, the glory days of seeing gaudy PEPE and Shiba Inu price action are long over. But all is not lost for savvy degens who want to get in on the next 100x meme coin with the launch of Raboo ($RABT). Thus far, Raboo has already outperformed the Shiba Inu price with a 90% gain and prospective investors are still early to the presale party.
Learn why Raboo is fast becoming one of the most popular meme coins of 2024.
Shiba Inu is in a quandary. Despite retaining its status among the most popular meme coins as evidenced by its $8.6 billion market cap, its price has remained static around the $0.000012 - $0.000014 in the past month. The flat Shiba Inu price movement has had investors running for the exits towards greener pastures as evidenced by diminishing trade volume and interest in the project. A good number of Shiba Inu holders are already betting on what looks like one of the most popular meme coins of the future in Raboo.
PEPE remains one of the most popular meme coins around—but like SHIB, PEPE has already peaked. With PEPE sitting at a $3.6 billion market cap, the chances of another god-like pump are slim to nil. Nevertheless, PEPE holders who bought last year will be pleased with the meme coin’s 1179% gain in the past 12 months. That’s not good news for those who bought PEPE at or around the top, however crypto whales are taking profit on PEPE, meaning the token’s price has dropped over 5% in the last 30 days.
As SHIB and PEPE are stuck in the mud, one new meme coin is making waves in the crypto world with the launch of its presale after amassing over $2.5 million and turning in a 90% gain in the past month: Raboo.
The best thing about Raboo is it goes far beyond just being a pure meme coin like PEPE or SHIBA back then. It’s an AI-enabled SocialFi project adding significant post-to-earn utility for its holders by way of its Rabooscan tool. Rabooscan enables users to create memes enhanced by cutting-edge generative AI. The platform scans databases, sites, and social media to feed its algorithms about the trending memes, enabling users to create memes that are ready to go viral at the drop of a hat—and get PAID for it.
Add a future NFT drop as well as staking and yield farming, and you’ve got a potent cocktail for parabolic growth. Raboo is on the road to becoming one of the most popular meme coins in recent history.
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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.
