The crypto industry isn't just digital currencies; it also includes various apps and utilities. The ever-expanding sector consists of NFTs, Web3 payments, play-to-earn tokens, and more. While Axie Infinity and Gala have been investor favorites, Raboo has created a buzz with its eventful presale run. The new kid on the blockchain offers the best of not one but three worlds. Here's why you should jump on the hype train:
Axie Infinity Partners with Meta, Introduces New Features
Axie Infinity is a popular cryptocurrency and NFT gaming platform. The platform's native token, AXS, has gone up the market cap ranks due to the increasing popularity of play-to-earn systems. Recently, Axie Infinity announced a partnership with Meta to integrate its game with Meta's social media platforms.
Moreover, Axie Infinity has introduced new features, such as the ability to breed and evolve Axies. This development follows the venture's revamped user interface. Analysts believe these updates have attracted new investors, contributing to the token's price surge. With a strong community and continuous innovation, Axie Infinity is solidifying its position.
Although AXS started April with over $11 in valuation, the token has fallen below $7.1 at press time. The present market means a bad time for most crypto tokens as they experience the ripple effects of Bitcoin's stabilization.
Gala Cements Position in Web3 Space
In the first quarter of 2024, Gala announced a partnership with renowned game developer, Ubisoft, to bring AAA-quality games to the blockchain. This collaboration has generated significant buzz, attracting new users and crypto investors to the platform.
Additionally, Gala has expanded its ecosystem with the launch of its own NFT marketplace. This marketplace allows users to buy, sell, and trade unique digital assets. The platform has also seen an influx of new games and developers, further expanding its offerings.
Despite its huge strides in interoperability and partnerships, Gala keeps tanking in value. In the past month alone, the Web3 giant lost over 30% in what appears to be bear market activity. As a result, Gala investors are particularly worried about promise-and-fails, so they're spreading their portfolios to accommodate better, more promising newcomers like Raboo in the crypto space.
Raboo: AI Memes and Increased User Activity Drive Price Surge
Raboo is a social platform that has been gaining massive traction in the Web3 space. This new $RABT token incorporates influence from NFTs, memes, and Artificial Intelligence. The rising crypto project is a pioneer in an untapped field of AI memes.
Recently, Raboo announced a successful funding round, securing over $1 million in investments. This influx of capital will enable Raboo to develop its platform, which allows users to create, collect, and trade unique digital assets. This project has also seen an increase in user-generated content.
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Moreover, Raboo's community-driven approach has fostered a supportive environment where artists and collectors can connect and collaborate. With its public presale now in the third stage, $RABT tokens are selling for $0.0042 each as we witness the advent of a blue-chip token.
Conclusion
Axie Infinity and Gala struggle to maintain their investors' attention due to an over-saturated market. As one of the prominent AI meme coins, Raboo is the best bet for good investment returns.
You can participate in the Raboo presale here.