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Meme coins have started their ascent after Shiba Inu registered a 49% rally in the past week. DOGS’ price is also on the rise after upticks as high as 6% on some days saw DOGS’ vibrant community marvel with bull run predictions.
However, this new wave of meme coins is different. Emerging meme coins such as DOGS and Raboo ($RABT) are setting the stage for meteoric surges. Raboo’s focus beyond meme coins to also include NFTs has seen its price rally 90% weeks after the start of the presale. At a price of $0.0057 per $RABT, here is why Raboo is the meme coin to watch this season.
Shiba Inu is rallying, but could it recover past loses
At the moment, SHIB is priced at $0.00002129, which is a remarkable 54.4% increase over the last 30 days. Right after meme coins started surging early this month, SHIB saw its price reverse trends from a bearish momentum to an uptick that has seen SHIB register some daily surges as high as 23%.
Adding to SHIB’s bullish resurgence is the announcement by Coinbase Futures that it will support perpetual futures contracts for SHIB holders. This move is expected to fuel demand for SHIB as meme coins enter a new bullish cycle.
DOGS on track to surpass legacy meme coins
DOGS is the dog-themed meme coin for TON’s blockchain. It boasts a vibrant community of Telegram users, which amounts to over 50 million daily active users. DOGS launch was full of setbacks, such as an outage on TON’s blockchain network that caused confusion during the DOGS airdrop.
Over the last 30 days, DOGS price has dipped by 42%, but analysts are optimistic that DOGS could still rebound. At the moment, DOGS has a market cap below $470 million. Given Telegram’s growing popularity and more than 700 million monthly users, DOGS could surge an additional 10x before the year ends.
Raboo’s $RABT is leading meme coins with a 90% surge
Raboo’s AI-backed meme coin has captivated investors who have so far raised over $2.5 million. Compared to legacy meme coins such as SHIB, Raboo’s $RABT has just started its ascent after posting a 90% price increase from its presale entry price of $0.003 to its current rate of $0.0057. Raboo is pioneering a SocialFi, AI-backed meme coin where meme culture lovers get to monetize their passion for memes and humor.
At its core, $RABT serves as the utility token for Raboo’s platform and is used to incentivize participation. One particular feature that stands out on Raboo is Rabooscan, which is the platform’s generative AI machine designed to scour social media for the creation of trendy and hilarious memes.
Users can leverage Rabooscan to create memes, post them, and earn $RABT. Apart from memes, Raboo will also feature unique NFTs that will only be available to presale token holders. With over 55% of the presale tokens sold, analysts are predicting a surge of 233% before the presale ends.
Conclusion
SHIB might be the first to rally as meme coins enter a new bull run, but DOGS and $RABT are setting the stage for a new wave of meme coins. Now is the time to grab some $RABT, given that only 63% of $RABT total tokens are available during the presale.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
