Meme coins always fire up the crypto market, attracting new investors and making them fortunes. This time, two hot meme coins, BOME and Raboo, are having a spectacular run, with older meme coins like Shiba Inu barely able to catch up.
However, analysts suggest Raboo ($RABT) could deliver the best gains in the crypto market, as it has a 100x profit potential. The new presale token is making crypto headlines after raising $2m so far.
Here is how Book of Meme (BOME) and Raboo ($RABT) are firing up this season and why Shiba Inu (SHIB) holders are losing their faith in the coin.
BOME jumps 17.34% in one week, ready to soar even higher
Solana meme coins are the hottest category of meme coins, with coins like BOME, WIF, and BONK dominating the market. The BOME price recently jumped last week, giving investors more reasons to pump more money into it.
Over the past week, BOME has risen by 17.34% at the time of writing. The meme coin has been forming higher highs since June 30th and could continue to do so if the bulls sustain this momentum.
However, the 50 EMA is still over 20 EMA, signaling BOME’s bearish trend is not quite over. Investors should manage their expectations and instead turn to Raboo if they want even greater profits by the end of the year.
Shiba Inu investors flee as coin continues to disappoint
It appears Shiba Inu is no longer the darling of the crypto market. Many of its investors are fleeing in their numbers, seeking better alternatives. The famous meme coin has lost 7.53% of its value over the past week and could lose 30% by the end of August if investors continue to turn their back on it.
Shiba Inu’s daily chart shows it experienced two major dumps in four months, the first being in March when it lost 28% of its value. The second dump, which started in June and is still ongoing, could cause SHIB investors a 40% loss when the dust settles.
Investors should be careful around Shiba Inu as it is not guaranteed to yield profits. Raboo is a much better alternative, as it has the potential to surpass any other meme coin on the market.
Raboo: One of the hot meme coins set to skyrocket in 2024
Raboo is the new meme coin that is bringing some excitement to the market. The presale token is set to skyrocket this year, returning 10,000% profits to investors, and could become one of the top 20 cryptocurrencies by market cap.
But what makes Raboo so ambitious? Firstly, it has a unique utility that aims to revolutionize meme culture and SocialFi by leveraging AI in meme content creation. Using its unique AI technology, Raboo employs Rabooscan to search the internet for memeable content which it then polishes into top quality memes..
For Raboo users, they can explore the project’s ‘post-to-earn’ feature to demonstrate their creativity, and the best meme creators will be rewarded with $RABT tokens.
On the token side, Raboo has pretty impressive tokenomics. It has a supply of 1.8 billion tokens, far less than that of many popular meme coins like Shiba Inu. This limited supply can create higher demand for Raboo, putting investors in profitable positions in the long run. And with 0% buy and sell tax, there’s no reason to miss out on Raboo.
Limited bonus on $RABT presale
In the crypto market, investors have to pivot to profitable projects to continue raking in profits constantly. Shiba Inu investors are currently pivoting to BOME and Raboo, with the bulk of these investors already buying into Stage 4 of the Raboo presale at $0.0048 per $RABT.
Raboo is offering a time-limited bonus where every investor that buys Raboo now gets an automatic stage bonus of 20% instead of 10%. You may have missed buying SHIB and BOME early, but you don’t want to miss buying Raboo right now before it pumps!
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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