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In notable crypto market news, Bitcoin has again retouched heights of $70,000 briefly within the past 24 hours of trading. This has shone a spotlight on two top-10 cryptos: Toncoin and Ripple. However, both big caps are trending in opposite directions. Meanwhile, another crypto making crypto market news headlines in May is Raboo.
The new meme coin is elevating the format by leveraging AI generated content, Social-Fi, and a unique post-to-earn mechanic. Analysts believe Raboo could be the next presale gem to go on a 100x tear after it launches.
Toncoin first burst into the scene in 2021, which was then being developed by social messaging app Telegram. Back then, Toncoin prices were trading at a mere $0.50 per TON token. It was dismissed as another “unnecessary” Layer-1 blockchain.
Fast forward to May 2024, however, Toncoin has already broken into the top 10 cryptocurrencies by market capitalization. According to crypto market news sources, Toncoin has outperformed the biggest names in crypto in just a short amount of time. Notably, Toncoin minted a new all-time high of $7.63 last April. Toncoin is well within the frame to surpass those figures.
There’s no use sugarcoating the truth: Ripple is one of the worst-performing top 10 cryptocurrencies. Ever since minting new all-time highs in 2018, Ripple hasn’t come anywhere remotely close to them, struggling to break even just $1 in the current market cycle.
In fact, Forbes has buried Ripple by calling it a “ghost chain,” with its XRP Ledger “useless” and lacking in any tangible value compared to SWIFT which is still retaining its dominance. Ripple prices remain suppressed as its legal tussle with the US Securities and Exchange Commission dominates the crypto market news.
While Toncoin and Ripple might be hogging all the crypto market news headlines due to their big caps, one meme coin in its presale phase is making waves on its own this year. Raboo is an innovative new meme coin leveraging the profitability of the format AI and Social-Fi mechanics.
Raboo is generating crypto market news headlines on its own by using AI generated content and Social-Fi to incentivize holders and grow its community. Early analyst predictions peg Raboo to surge to a 100x gain in 2024 once its presale ends and the token launches on exchanges worldwide.
Raboo users will be able to earn $RABT tokens by curating AI generated content through Raboo’s AI meme generator and the project’s post-to-earn mechanism. In turn, by growing it’s Raboo community and generating hype, Raboo token prices are positioned to skyrocket in price. Currently, $RABT tokens are available at just $0.0042, representing a perfect entry point for investors looking for big gains this year.
With the market beginning to show signs of life, there’s no better time to join the Raboo presale than today. With a 100x virtually programmed for the AI-powered meme coin, Raboo is set to dominate the crypto market news cycles in 2024
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
