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Cryptocurrency News Articles
Raboo Anointed King of Meme Coins by Experts, XRP Price Benefits from the Meme Coin Craze
Sep 26, 2024 at 12:00 am
Meme coins ushered a new era into the world of cryptocurrencies. These internet-driven tokens often went viral and generated massive buzz around crypto.
Meme coins brought a new wave into the cryptocurrency space. These internet-driven tokens often went viral and generated massive hype around crypto. They brought increased crypto awareness, attracted new investors into the space, and ultimately boosted crypto prices.
If there was any token that benefited from meme coins, it would be Ripple. XRP’s price surged significantly after its launch, even though Ripple had problems. But the biggest beneficiary of the meme coin boom is Raboo.
This project utilizes SocialFi to create a unique offering, and that’s why investors are keen. The Raboo presale is roaring on, and experts believe that the coin will appreciate 100x once it launches.
Here’s how XRP price benefited from the meme coin craze
Ripple’s legal troubles with the United States government are well known. Soon after it was launched, the SEC classified XRP as a security token and accused Ripple of distributing it illegally. This adversely affected the XRP price and saw it shed a significant portion of its value.
However, XRP’s price found some solace after Dogecoin went viral. The exposure pushed the XRP price above $1.75 for the first time in years. Yet, Ripple’s problem with the SEC was far from over, so its gain was followed by a correction that tanked its price again.
Today, Ripple trades around $0.58 following a recent victory against the SEC. This is a 0.06% increase over the last week, but concerns remain. Should the SEC appeal the last judgment, Ripple could depreciate significantly again.
Experts anoint Raboo upcoming king of meme coins
The internet meme craze took the crypto world by storm. As soon as they were launched, meme coins like Pepe, Shiba Inu, and other top tokens were embraced by the meme community and appreciated significantly.
In fact, the meme coin space had so much success in the past few years that it is valued at over $62 billion today. But this success didn’t come without disadvantages. It led to the creation of derivative meme coins, which overpopulated the space and diluted its overall value. Thus the arrival of Raboo is timely and needed.
Unlike most meme tokens, Raboo packs real utility. It combines SocialFi and Artificial Intelligence to create a platform where like-minded crypto lovers can connect and earn. Raboo’s bleeding-edge Roboscan AI technology scans the internet, looking for the freshest new memes being shared online. It scans those memes, gathering a variety of data it uses to produce memes with even more viral appeal for the market.
Additionally, Raboo will offer branded merchandise and a collection of NFTs.
Raboo is set to take the meme coin space by storm. It is currently in presale, available for just $0.0057 per token. This low entry price is especially attractive, as it creates more space for appreciation. When Raboo later launches on exchanges, crypto experts believe the token will 100X. However, given its massive potential, there’s no telling how high it could go.
Holders of $RABT don’t have to wait until launch to start making gains. Despite being in presale, $RABT is expected to increase by 233% before the presale ends. This is why the crypto community is flocking to it today.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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