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Cryptocurrency News Articles
Avalanche (AVAX) Is on the Rise with a Notable Surge of Over 13% in the Last Month, Giving Holders Optimism of an Incoming Bullish Resurgence
Oct 18, 2024 at 06:00 pm
Meanwhile, Raboo's epic meme coin ($RABT) presale has brought in over $2.6 million from investors who have seen $RABT's value surge 90%
As the year comes to a close, the crypto market has experienced a wave of bullish activity, bringing joy to the hearts of many hodlers. Among the top gainers is Avalanche (AVAX), which has seen a remarkable surge of over 13% in the last month. This has sparked optimism of an incoming bull run for the token, which surged past $144 in the last bull run but is now down 80% from its peak price.
Meanwhile, Raboo’s epic meme coin ($RABT) presale has brought in over $2.6 million from investors who have seen $RABT’s value surge 90% weeks after the start of the presale. With $RABT currently priced at just $0.0057, analysts are optimistic that it could become one of the fastest-growing crypto tokens with an additional 143% uptick before the presale closes.
Here's a closer look at the two tokens and why they are making waves in the crypto world.
Avalanche (AVAX) is on track for a bullish resurgenceAVAX could soon recover from the devastating drop of 80% from its all-time high if its recent bullish ascent continues. With upticks as high as 15.9% during some weeks, not to mention a monthly price increase of 13.34%, AVAX could soon rival even the fastest-growing crypto tokens during this bull run.
Over the past few weeks, AVAX has made several attempts to breach the $28 resistance level, before finally hitting it. Now that the token’s bearish momentum is waning, the bulls are continually taking control of AVAX, as seen by its two-week surge of 13%.
What makes Avalanche unique is its focus on rewarding its community of developers. Just recently, Avalanche launched a $40 million grant for developers contributing to its mainnet and testnet. Avalanche’s general-purpose blockchain has even attracted large institutional players such as Grayscale, who launched an investment fund tied to Avalanche’s ecosystem.
Raboo’s $RABT captivates investors with a 90% surge in weeksRaboo’s $RABT meme coin is the latest sensation in the crypto space and most likely the fastest-growing crypto after it surged 90% from a presale entry price of $0.003 to its current rate of $0.0057.
At its core, Raboo boasts an AI-backed meme coin and SocialFi platform designed to help meme lords earn by simply posting and engaging with memes on Raboo. This MemeFi approach is an intersection between DeFi (decentralized finance), meme coins, and artificial intelligence.
Raboo’s Rabooscan is equipped with generative AI capabilities that scour social media to help meme enthusiasts create the most trendy and hilarious memes. These memes can then be posted to earn $RABT. Other users who engage with the content also get to earn $RABT. Raboo is tipped to become the biggest AI-powered meme coin, and since the global artificial intelligence market is on track to grow at a CAGR of over 36% by 2030, $RABT could surge 100x as well.
In addition to the budding AI market, the meme coin sector is also booming. Now is the time to jump into the presale, given that over 55% of the presale tokens are sold, and Raboo’s tokenomics only allocates 63% of $RABT’s 1.8 billion total supply. Expert analysts are forecasting an additional 143% increase before the presale ends.
ConclusionAvalanche might have dipped sharply from its all-time high, but the recent market-wide rebound has brought hope to AVAX holders, who are now anticipating a bull run before the year ends. Raboo’s $RABT is also emerging as one of the fastest-growing crypto meme coins after receiving overwhelming support from investors and bullish forecasts from analysts.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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