Jupiter came onto the scene as the largest DeFi protocol on the Solana chain, but it has failed to impress investors as they seek their fortunes elsewhere. The hot crypto tokens of the moment are meme coins, as the Pepe price shows. Despite Jupiter’s lackluster performance, do not discard DeFi tokens; the market is heating up in that sector! This may be why investors are rushing to the new meme-fi AI token Raboo, offering investors the best of all worlds.
Jupiter (JUP): DeFi Coin Flatlines
Jupiter was touted as a red-hot crypto, and why not? Solana is the third-largest blockchain after Ethereum and Bitcoin itself, and the DeFi market is worth $107 billion. It stands to reason Jupiter would go astronomical. Except, it hasn’t. Jupiter 3x in price in the first four months after release, but then fell and lost 40% of its value and has traded in a flat range since mid-April this year.
Jupiter could be undervalued, so this low price could mean a strong buy call. Short term, Jupiter looks like a smart buy, but medium to long-term forecasts for Jupiter are less than stellar. However, investing in DeFi is always a good idea, even if it is not Jupiter specifically.
Pepe Coin (PEPE): The Meme Coin Juggernaut Marches On
Pepe Coin is simple: it’s a meme coin, it’s a frog, and it’s making money! Pepe is just one of several meme coins right now redefining how the market operates. Meme coins like Pepe Coin are no longer jokes and lampoons; instead, they have created a financial ecosystem of their own based on trust and consensus. Pepe coin and its kin are now being taken seriously, and the Pepe price is responding positively.
The Pepe price has increased by more than 100x since its launch, and while it is unlikely Pepe Coin will do another 1000x return, it may add another zero or two to its price.
Raboo ($RABT): The Meme Coin Phenomenon Dancing Around In Defi Land
Raboo is a new meme-fi AI coin that has all the markings of a token that will sit with the big meme coin boys like Pepe Coin while not being out of place with the DeFi tokens like Jupiter. Raboo is a bona fide meme coin, meaning it is a feel-good token taking value from internet culture, trust, and community support. This is good enough, as many hot crypto meme coins have proven.
But Raboo has a foot firmly in DeFi as well, as it is stakeable for passive income, and with a deflationary model with a limited supply of tokens and token burns, the value of Raboo will only increase. All this is powered by an AI engine, propelling Raboo to the top of the crypto charts.
Raboo has already gained over $1.6 million in liquidity, and it’s easy to see why.
Conclusion:
With the DeFi market now rivaling traditional finance and meme coins becoming a $60 billion trading platform, Jupiter and Pepe Coin should be prime long-term hold coins. But for a foot in each camp, the Raboo presale offers investors both meme coin and DeFi exposure. Raboo is now available at $0.0048.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
