With meme coins as relevant as ever, it’s not surprising to see their broader integration with the world of finance. Just this week, it was revealed that crypto users can now pay for products and services from Airbnb and Nike using Shiba Inu.
How has this affected the Shiba Inu price, and has Dogwifhat benefitted? Let’s find out.
Shiba Inu looks bullish amid Airbnb payments integration
Shiba Inu is the second most valuable meme coin and certainly one of the most admirable. It’s demonstrated remarkable staying power since 2021 and, unlike many of its peers, has gone on to build a diverse ecosystem of decentralized products based on utility.
Recently, Shiba Inu has seen another boost. CoinGate has integrated Shiba Inu into its Polygon and Binance Smart Chain platform, enabling SHIB holders to make Airbnb payments and purchase from brands like Nike, Steam, and more.
The Shiba Inu price appears to have benefitted, jumping 14% on May 13th. While it remains in a relatively tight trading range, this move could provide the momentum necessary for the Shiba Inu price to break out within the coming weeks.
Dogwifhat could benefit from meme coin momentum
Dogwifhat has quickly risen to become the leading Solana-based meme coin this year, now closely trailing Shiba Inu in market cap rankings. With its playful twist on the iconic Shiba Inu mascot—adorned with a pink hat—Dogwifhat has captured the imagination of the crypto community.
Despite its minimal utility, Dogwifhat managed a stunning 1600% surge between late February and March, driven largely by its cult community. Mirroring Shiba Inu’s recent gains after its integration into CoinGate’s payment system, Dogwifhat jumped 21% on the 13th. Although it’s since retraced, the continued hype surrounding meme coins suggests another upward move could be just around the corner for Dogwifhat.
Raboo presale stuns investors
The broader adoption of meme coins, marked by Shiba Inu’s acceptance across Nike and Airbnb payments, has undoubtedly boosted the Raboo presale, which has raised more than $1.3 million from thousands of eager investors.
Aiming to follow in the footsteps of Shiba Inu and Dogwifhat, Raboo is building one of the largest and most exciting meme-based communities in Web3. But Raboo is riding the AI wave, too. Leveraging Rabooscan, its social media meme scanning tool, users can compete to create the funniest memes for the chance to win huge prizes.
But that’s just the beginning. Raboo’s post-to-earn program lets users monetize their social media posts, while upcoming NFTs and generous staking rewards pave the way for ongoing profits. Analysts are highly bullish, viewing the current price of $0.0042 as a steal. With the potential to join the ranks of SHIB and WIF as the next breakout meme coin in 2024, some predictions think $RABT could lift off and offer 100x returns later this year.
Conclusion
With SHIB and WIF gearing up for another leg higher, it’ll likely be in the Raboo presale where the real profits are. With a spot in both the booming meme coin and AI sectors, $RABT tokens are projected to sell out within weeks. Once it lists on exchanges this year, it might never look back—don’t miss out.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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