There has been a great shift in momentum among crypto coins since last week. While the market looked ready for a pump, some news on Friday caused a massive pullback among the top crypto coins. Avalanche (AVAX) was hit squarely during a price reversal, but Toncoin (TON) has managed to stay afloat.
Still, the Raboo ($RABT) project has remained unchanged by the events, as its earliest presale buyers are up by 60%. The meme coin is bringing in changes; we’ll see more of that in a moment.
Watch out for $RABT presale info, too.
Avalanche: Labor reports make for poor timing
The US Labor Department presented statistics on unemployment and jobs for the month of May, and the news has crippled the crypto-verse. Over 200,000 new jobs were added in May, which was well above expectations, given the ongoing inflation.
No crypto project was spared, and top crypto coins like Avalanche suffered badly from it. When the news came in, AVAX was in the middle of a bullish price reversal and looking to end the week strongly. Now, Avalanche (AVAX) is down 10% amid a huge sell-off, and the bulls are back to square one.
Fortunately, Avalanche didn’t have it as bad as other top altcoins. The market sentiment around AVAX is still sufficiently bullish, and Avalanche’s price predictions tip the coin to $200 by the end of June.
Toncoin’s development just went up another level
The Toncoin blockchain has been trending for the past month, thanks to the phenomenal Notcoin launch. Already, developers are recognising the prospects on Toncoin’s network, and there are other projects brewing.
Now, Toncoin’s goals for DeFi are checking, one after the other. The blockchain has released an in-app currency to be used on Telegram and the Toncoin blockchain to purchase digital goods and services. The currency, Stars, can be bought with fiat currency as an in-app purchase and then used to buy items on platforms like Notcoin and Hamster Kombat.
TON’s price was pushing on its ATH when the labor report came in on Friday. The token has been largely unaffected, as Toncoin (TON) is still on 4.9% weekly gains.
Most of the top crypto coins are in decline following Friday’s news, but not Raboo. The new project is preparing a war for the reigning meme coins and massive profits for its own users.
All in a day’s work for Raboo.
Raboo: Meme revamp underway!
It’s a cluster of poorly performing coins in the meme sector, as only a handful find themselves among the top 20 tokens by market cap. Raboo also finds their lack of utility appalling, but what the new meme coin cannot take is the poor state of memes.
Memes are meant to be refreshing and entertaining, spreading humour in the crypto market. But today, we have meme coins that don’t generate memes of their own. That’s where Raboo will come in.
$RABT is an AI-backed meme project that intends to clean out the mess in the meme sector and replace substandard memes with better memes. With its Rabooscan AI, it will be meme generation at its peak with Raboo, as only new memes will be going into circulation.
$RABT users are going to be influential in achieving that goal. As many would engage in the meme creation process, they will get rewards from Raboo.
Conclusion
Despite being a meme coin, there are multiple streams of earning on Raboo, and one of them is looking us right in the eye.
$RABT is currently in its fourth presale stage, selling at $0.0048. The real deal is the 100x ROI that could result from a listing on Binance or any of the top-tier exchanges.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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