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Cryptocurrency News Articles
Raboo ($RABT) Could Explode 100x in 2024—Here's Why It's a Better Bet Than Bonk and Shiba Inu
Sep 28, 2024 at 11:00 pm
With the penny crypto meme market beginning to heat up, it's becoming more difficult to ignore Raboo. Surging ahead by 90% to the 5th Stage of its presale
With penny cryptos rallying over the past few weeks, investors are rushing to secure tokens in anticipation of a breakout. While Bonk and Shiba Inu are often touted as strong contenders, many investors are choosing Raboo ($RABT) instead. Its AI-generated memes and SocialFi approach could be a golden ticket in 2024.
Here's a closer look at Raboo, Bonk, Shiba Inu, and why investors are pivoting towards Raboo.
Raboo Surges Ahead, Poised for 100x Gains?
As the penny crypto meme market begins to heat up, it's becoming more difficult to ignore Raboo. Surging ahead by 90% to the 5th Stage of its presale after raising a whopping $2.5 million, Raboo has attracted thousands of investors with its AI-driven SocialFi ecosystem. Some analysts see a similar run to Bonk and Shiba Inu's in the near future, with potential 100x gains once it hits exchanges.
Raboo aims to build one of the largest meme-based communities in Web3, ultimately climbing to top 20 status. It offers a proprietary meme scanner and generator, Rabooscan, that allows investors to create AI-generated memes. These memes can translate into extra $RABT tokens, either through winning regular competitions or sharing them on social media, thanks to Raboo's Post-to-Earn feature.
With this utility, upcoming staking pools, an NFT project, and a deflationary token-burning mechanism, Raboo's profit potential is incredible. There's still a possible 143% left to climb before the presale's conclusion, which could offer early backers a chance to multiply their prospective gains once $RABT goes live.
Bonk's Rollercoaster Ride Continues
Debuted in late 2022, Bonk was the first dog-themed meme coin launched on the Solana network. Bonk airdropped 50% of its total supply to the wider Solana community and quickly became a mainstream hit. While BONK was initially relatively subdued throughout 2023, it shot into the spotlight after rising almost 7,300% in a year between May 2023/2024.
Campaigns like those run by Revolut have only added to Bonk's visibility, with more than 750,000 investors now holding BONK. Other features, like the Bonk Swap decentralized exchange (DEX), a Telegram trading bot, and a decentralized autonomous organization (DAO), have only added to Bonk's value.
Recently, BONK has also risen more than 16% over the week. However, increasing competition in the penny crypto space - especially from Raboo - has led some to scale back their Bonk price predictions in favor of newer, under-the-radar alternatives.
Shiba Inu Continues to Attract Investors
With a market cap of over $12 billion, Shiba Inu is the second most valuable meme coin, trailing just behind Dogecoin at the #13 spot. It was created by a pseudonymous figure known as Ryoshi in 2020 and quickly became one of the most popular penny cryptos. Nowadays, SHIB has built a loyal following, with more than 1.4 million holding the token and 518,000 joining the r/SHIBArmy subreddit.
Shiba Inu has retained its position by building a utility-backed ecosystem, including a layer-2 scaling solution, DEX, a crypto-based mobile game, and even an upcoming stablecoin known as SHI. Like BONK, SHIB has climbed higher over the past week, up over 44%. While some expect it to reach new yearly highs soon, a reinvigorated penny crypto and meme coin market could send newcomers like Raboo on a much bigger run.
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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