The past trading seasons have seen exciting times with coins, rewarding investors with high profits and plunging their crypto portfolio in the same breath. Similarly, meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB) have recorded relative price gains and losses since their launch. However, today, the new market favourite, Raboo is offering something more and a rewarding crypto experience awaits its buyers as it prepares to launch.
With Raboo raising over $1.6 million in its presales events and analysts predicting a 10,000% surge once it lists on major exchanges, the $RABT token is getting the full attention of investors as they are ready to make it moon. Let's see who wins the battle as the top contender in the meme coin sector.
Can PEPE make a comeback from social decline?
After raising over $5 billion in only weeks of launch, PEPE made a record as it became one of the top 100 coins by market cap in 2023.
Unlike other coins, PEPE did not use presales or an airdrop strategy, but it was able to gain social media popularity, and it became popular, amassing over 290,000 followers days after its launch.
However, the recent declines in PEPE's social media engagements have raised questions about the coin's popularity, suggesting its community no longer invests in the hype and may have moved on. Aside from social signals, PEPE now has a market cap of $4.3 billion, according to Coingecko, that's over a 9.8% decline from where it first started in 2023.
The lack of use cases or any tangible roadmap might be the cause of PEPE's continuous decline. In contrast, others believe that since the meme coin market is highly volatile, PEPE is bound to experience its share of price instability. One thing is clear: the initial excitement and hype for PEPE has reduced significantly. Since this meme coin got its popularity through the hype, it is only normal that it is likely to fade without social engagement.
Shiba Inu investors look elsewhere as project drops momentum
Recently, Shiba Inu has experienced a decline in investor confidence, and there are many pointers suggesting that it could be because investors are getting rid of their SHIB tokens. Sometime last week, there were reports in the crypto news of SHIB investors selling about $100 million worth of SHIB tokens in less than two days.
Consequently, the mass dumping of Shiba Inu has also hit the SHIB price. No surprises there as it’s textbook market reaction to more supply than demand. Since June 6, Shiba Inu has continued a downward spiral. The SHIB price has dropped from $0.0000262 to $0.00001754 in a rather worrying 39% decline.
While Shiba Inu still maintains its status as one of the top meme coins in the crypto market, its recent price performance does not reflect its status, and status isn’t something investors like to bank on if profits aren’t forthcoming. That’s why investors are jumping ship to Raboo, a new Defi project that’s offering a new kind of fun and profits in its presales.
Raboo to the moon
No doubt PEPE and Shiba Inu have served their purpose, but with their recent price movements suggesting a gloomy future, Raboo has come to excite the market, offering investors up to 10,000% once it is listed on major platforms.
With Raboo ($RABT), meme coin enthusiasts can earn money while engaging with the community and interacting with like-minded crypto investors. The AI meme coin is designed to source and spice up the community with its Rabooscan, which provides the latest and most exciting memes and meme-worthy content across different media platforms.
It's good news for $RABT holders, as they can take advantage of the unique Social-fi model to earn extra tokens by competing in weekly, monthly, and quarterly challenges and special giveaways to earn $RABT and rewards.
It's no surprise that investors are fast lining up for $RABT. Analysts predict that $RABT could surge by 10,000% once it is listed on major exchanges.
Now in Stage 4 of its presale, $RABT tokens sell for $0.0048 with a potential 233% accumulated growth and a 100% surge during its launch, which is already around the corner. $RABT holders won't have to wait until launch to earn $RABT tokens and win prizes, so what are you waiting for?
Conclusion
The race is still on for PEPE, Shiba, and Raboo, but the immediate promise of a 100X on its launch makes Raboo a likely winner. If you are looking to make quick profits, consider a new project like Raboo, as its successful presale suggests a surge in prices once it launches.
The presale is in Stage 4 and has already generated over $1.6 million.
You can participate in the Raboo presale here.
