As Bitcoin declined to trade around the $60,000 price mark, the broader market slumped with top crypto coins like PEPE taking a major hit. However, the overall market pullback was unable to influence Avalanche, and a new meme coin Raboo ($RABT) maintained its rally.
Avalanche is believed to have shielded the pullback with the recent certification to offer U.S-regulated Futures for AVAX. As for Raboo, it maintained its rally by garnering substantial investor interest to purchase its AI-powered meme coin, crafted for users to have the best experience in crypto investments.
Binance sees PEPE influx as whales offload tokens, price feels pressure
While BTC remained in the red zone, some of the largest holders of tokens, known as whales, triggered bearish market sentiments with their recent massive PEPE token sell-offs. One of the recent PEPE whale sell-offs was tracked by SpotOnChain, a crypto-focused data platform, which revealed that the amount of PEPE tokens sold was 700 billion, valued around $8 million.
PEPE also experienced another whale transfer of 1.1 trillion tokens to a Binance deposit address. Such a significant amount of PEPE tokens being transferred or sold indicates that some of the biggest holders fear a potential decline in PEPE's price. Amid all these developments, PEPE is currently priced at $0.0000116, which reflects a 22% decline over the past month.
Avalanche bucks trend: 12% surge fueled by coinbase futures filing
Avalanche is one of the top altcoins that have continued to defy market trends by rallying while other altcoins decline amid BTC's volatility. Over the last 7 days, AVAX surged by over 12% and is currently trading at $28.37, with potential for more upside.
Experts believe AVAX surged because of the recent move by Coinbase Derivatives, a cryptocurrency exchange, to file for AVAX's Futures certification with the Commodity Futures Trading Commission (CFTC) to offer U.S.-regulated Futures for AVAX. The certification is expected to boost investor confidence in Avalanche, making them view the altcoin as a mature asset that is gathering attention from major market players.
Raboo's marketing strategies propel growth amidst crypto winter
As many top crypto coins grapple with market volatility, the revolutionary presale token Raboo ($RABT) keeps thriving with its cutting-edge technology and advanced AI, which implements a robust marketing strategy to ensure its widespread recognition and adoption. With this strategy, Raboo will not only weather the storm in the market but also position itself to dominate the meme token sector and become one of the best altcoins to invest in.
What makes Raboo's marketing strategy intriguing is how the platform’s team crafted a series of captivating campaigns that have garnered significant attention within the meme sector. These campaigns which include eye-catching social media content and innovative online challenges keep positioning the project as a trailblazer in the sector.
Recognizing the importance of strategic partnerships, Raboo has also forged alliances with influential meme enthusiasts and social media experts. These collaborations have not only expanded Raboo's reach but also lent credibility to the project as it aligns itself with top players in the meme world like Shiba Inu and Dogecoin. To participate in this intriguing meme token project, investors can purchase $RABT tokens, while in stage 4 of its presale, at $0.0048.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Conclusion
As Avalanche's recent certification to offer U.S-regulated Futures boosted investor confidence, Raboo's innovative AI-powered technology and savvy marketing strategies have propelled its growth even in the midst of the market volatility. On the other side, top altcoins like PEPE struggle with whale sell-offs and price declines.
Also, with Raboo offering its token in its ongoing presale at a modest price of $0.0048, and Avalanche's recent development displaying potential for further gains, these two crypto assets appear well-positioned to continue outperforming as the market navigates uncertain times.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
