The meme coin frenzy has hit again. Pepe (PEPE) and Dogwifhat (WIF) have registered slight upticks in market activity as meme hunters start to snap up the dip in WIF and PEPE’s prices.
However, a meme coin backed by AI and a SocialFi model has seen investors flock to its ongoing presale. Raboo’s $RABT has already surged over 60% from its entry price of only $0.003. In the current Stage 4 of the presale, $RABT is priced at $0.0048. With this stage almost to an end and the price to increase by 19% to $0.0057, analysts forecast a 10,000% gain when it launches.
Pepe’s price stagnates as meme coin craze picks up
Pepe is touted as one of the most iconic meme coins with a market cap of over $3 billion, making PEPE a top 30 cryptocurrency. While the initial excitement around PEPE was driven by the camaraderie that comes naturally with Pepe the Frog, recent volatile market swings have brought about double-digit losses, thus cooling down the hype.
Pepe’s price has since shed over 16% of previous gains in the last 30 days. Recent spikes in market activity have seen PEPE surpass Polygon. However, it remains to be seen whether this frog-themed meme coin will rebound.
Dogwifhat’s WIF tipped to rally albeit short-term dips
As market volatility increases across the crypto market, meme coins register the most volatile swings. Dogwifhat’s WIF, for instance, just registered a 52% increase in trading volume, signaling the start of an accumulation phase that could see the dog-themed meme coin recover from its previous 69% drop.
After hitting an all-time high of nearly $5, WIF’s price dipped to its current value of $1.5 in a move that saw prices stagnate. Analysts are still optimistic of a bullish outcome but warn of a short-term downturn.
Raboo’s $RABT is the Meme Coin to watch as presale raises over $2 million
Raboo’s ongoing presale has raised over $2 million from investors in support of the meme coin’s emerging SocialFi and AI-backed coin.
Compared to Pepe’s price or even WIF’s recent performance, Raboo’s $RABT is outperforming with a meteoric price increase of over 60%. With the presale currently in its 4th Stage, $RABT is priced at $0.0048, and analysts are forecasting further gains of 10,000% once $RABT launches on major exchanges.
At its core, Raboo’s meme coin fosters a community-first approach where meme culture lovers can gather and create memes using Raboo’s AI-capable meme generator, Rabooscan. Users can make memes covering the latest topics across social media and monetize those memes to earn $RABT.
Raboo will host several challenges and tournaments designed to give meme enthusiasts a chance to earn even more $RABT that can later be traded for real-world value. What’s more, $RABT holders will be able to take full advantage of earning through Raboo’s SocialFi model through daily special giveaways.
Ultimately, Raboo plans to connect meme coin enthusiasts worldwide and spread fun and excitement.
Conclusion
Dogwifhat’s performance will still be promising if critical support levels are established. However, Pepe’s price stagnated as the meme coin craze cooled off. Fortunately, Raboo’s $RABT offers the best opportunity for investors looking for a 100x meme coin in 2024.
You can participate in the Raboo presale here.
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