Meme coins are reshuffling, especially since Pepe has been the face of memes for much of the last two months now. Dogecoin (DOGE) and Floki Inu (FLOKI) are facing tough times. And word on the street is that the going will get even tougher in the coming weeks.
Why? AI-powered meme project Raboo (RABT) is launching soon, and the meme order could be reversed when $RABT tokens hit the market. The presale is on. $RABT tokens are up by 60% already, and investors are already all over the meme sensation.
More presale news in a bit.
Despite enjoying a brilliant start to the year, DOGE has struggled to find back-to-back gains in the past month or so. Even with a bull run and several bouts of meme coin rallies, Dogecoin price has not been able to cross the $0.2 mark.
Many put it down to its over-reliance on the top crypto coins for price movements; others think investors have simply lost interest in the DOGE token. At any rate, the whales seem determined to bring Dogecoin back to the green, and they are continually accumulating their tokens in anticipation of a pump.
However, the pumps won't be forthcoming, at least not very soon. DOGE is in a crucial position, one where a strong rally could bring up a 2 - 3x spike in Dogecoin price. But if that surge doesn't come soon, Dogecoin is more likely to revisit its support levels at $0.12 instead.
Meme coins feed on news in the crypto market, and FLOKI is doing the same with news of Ethereum's ETFs approval. Floki Inu rallied to its ATH early in the year, and has since been one of the more consistent meme coins in the market.
FLOKI price has recently corrected massively in light of the market price fluctuations and the massive sell-off from last week's news. Floki Inu is on a shocking 30% decline on its weekly time frames, which underlines the decreasing interest in the token.
Such massive price shedding is usually accompanied by price breakouts, though, and FLOKI investors may be holding on to their deposits in hopes of a spike. Plus, FLOKI price is up by 770% in 2024, and the low FLOKI price might trigger new investments.
But nothing is certain for now, at least for the top meme coins. And we have even more uncertainty coming in as Raboo is aiming for the top spots in the meme coin sector.
It's a rebel coming in, and traders are excited.
Raboo is the product of meme lovers who are saddened by the current state of memes in the crypto-verse. We used to have fun memes flooding the crypto market in the early days, but all that changed when meme coins focused more on price movements.
Raboo wants a full-scale purge of the meme sector this time, and here's how it will go. First, the token needs users–you and I–to join the community and contribute our meme-worthy photos, videos, and GIFs through the Post-to-earn interface. From there, Rabooscan, the generative AI on Raboo, takes over meme creation, ensuring that the memes generated are new, fresh, and funny–every time.
And our efforts won't be for nothing. Unlike many other communities, Raboo is user-focused, and its rewards program demonstrates that. About 135 million $RABT tokens have been dedicated to users participating in the post-to-earn protocol.
So, the more you engage, the more you earn.
Raboo's protocol is intriguing enough, but wait till you see what the $RABT presale offers.
First, 233% profits from the presale, although that's for the earliest buyers. Getting in now guarantees you some ROI when the tokens launch, too, so hurry before their prices spike.
$RABT tokens are in pre-sale Stage 4, but analysts expect them to return 100x when they list on major exchanges. Now, that's one reason everyone wants in on Raboo.
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