Toncoin is facing one of the worst situations a crypto project can find itself in. Telegram boss, Pavel Durov, has been arrested in Paris for alleged criminal activity on the app, and the TON price is dipping as a result. Meme coins like Raboo ($RABT) might be viable alternatives for TON investors.
While TON is tanking, meme coins are looking more attractive. Dogecoin’s trading volume is up despite the price correction in the market, as traders and investors have picked significant interest.
It has been a horror week for Toncoin, as the TON price was directly affected by Telegram founder Pavel Durov's arrest in Paris. The Russian-born CEO is being investigated for criminal activities on Telegram, and the arrest was a follow-up to the investigation.
Because of TON’s relationship with Telegram, the coin has dipped over 15% in the past week, with the worst coming earlier this week, between Sunday and Wednesday. The TON price has been very volatile in the past 24 hours, though, recording another loss of about 1.66%.
While Toncoin clings to its place among the top altcoins, the TON price is far from settled. With interest shifting to meme coins already.
Bitcoin has been the master controller for most of the meme coins for years, and it's not shocking to see Dogecoin token price tanking after Bitcoin's brief dip on Wednesday. The meme coin however has spiked in the past 24 hours by 4.62% in Market Cap.
Dogecoin token price fell for the Bitcoin ‘bait’, but investors expressed even more faith in a DOGE spike soon by increasing their purchases. More than 70% of Dogecoin addresses are in profit, even though the token is at a weekly low, trading at $0.1017.
Dogecoin may be leading the meme coin charge, but there's another meme project offering better chances.
The meme coin sector was created to provide fun and good humour in the market. What we see now is a lot of tacky, recycled memes, and Raboo is not having any of it.
The central philosophy is to create a meme-verse where only high-quality memes get into circulation. And for that, there is the Rabooscan AI. The idea is to have Rabooscan gather memeable content from all over the internet and combine them into fun memes for circulation. With a well-trained algorithm in charge of meme gathering, there will be no shortage of high-quality memes on Raboo.
NFTs are also going to be a regular feature on Raboo, especially since there will be memes everywhere. The early buyers have a shot at free NFTs from Raboo's first collection, too. That and the AI prospects are driving users over to the new project every day.
Traders and investors in the crypto-verse are starting to notice the Raboo project. The presale has generated over $2 million, and there are over 3,000 token holders.
AI is coming to the meme-verse, and they can't seem to wait.
Toncoin is trading downwards, and Dogecoin has taken a bit on the DOGE price even though investors are very optimistic about a surge. Raboo might just be your best bet for top gains this year, with the potential for a 100x spike when it lists on major exchanges.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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