Raboo is on the path to becoming the biggest meme coin in 2024, but we can’t say the same for its Solana-based meme coin counterpart, Book of Meme (BOME). The Solana blockchain is also losing investors despite speculations on SOL ETFs.
The meme coins are a jolly bunch, moving with the tide, usually without much purpose. At least, that’s what most traders think of meme tokens. Raboo (RABT) is proving everyone wrong with its features, and you can tell investors are excited about $RABT’s prospects.
Here’s what we have on Raboo.
Book of Meme could be on a bearish spin
It’s not surprising to see meme coins switch now and again, even on the back of day-on-day gains. The past week has seen some impressive spikes from Book of Meme and many other Solana-based memecoins, but BOME looks to have gassed out in the past 24 hours.
Compared with its 4% weekly gains, Book of Meme’s 9% intraday losses are enough to leave its investors uninterested at best. Remember, BOME came under scrutiny earlier in March after rumors of some insider trading–that sure doesn’t leave a great look on the Book of Meme for investors.
Now, the BOME investors are not only uninterested in consolidating on Book of Meme but are also moving on to more profitable projects. There is no point staying when meme projects like Raboo offer better features.
Solana is dipping?
Last week was a huge one for the leading blockchains, as Ethereum’s ETF approval set the spotlight on other contemporary networks. Solana was one of the big gainers, as its altcoin price moved up towards the $190 mark after surging past $180.
However, financial analysts are still divided on the prospects of Solana ETFs at the moment. JPMorgan is doubtful about Solana ETFs becoming a reality soon, except the SEC stretches its policy on securities. The Chicago Mercantile Exchange (CME) also thinks Solana ETFs will not be happening soon because of regulatory pressure.
It is a little wonder that SOL investors are moving over to Raboo. Here’s what the new project is about.
Raboo, the terror of tacky tokens!
According to CoinMarketCap, the meme market is worth about $62 billion, and over 2000 tokens contribute to that. Raboo says there’s a lot of junk there, and we have had enough tacky coins. It’s time for the great meme purge.
Memes are the center of fun in the crypto-verse, and it’s essential that they remain fresh and humorous. The Raboo project was created to promote high-quality memes with the help of generative AI in an attempt to declutter the meme scene.
Here’s how. Raboo will employ AI to improve the quality and quantity of memes. With an active community, users will be getting rewards for creating memeable content on social media, while the Raboo AI does the rest, converting it to memes for the crypto-verse.
In no time, all we will have are quality memes from the $RABT ecosystem, and even the top meme projects will have to step up.
Conclusion
Many meme coins are not used to keeping up with their promises, especially during presale–not $RABT. Raboo’s presale started at $0.003, and its first buyers are already on 40% profits.
The ICO is in its third stage now, and you can still tap into the profits–especially if you’ve lost money to Solana (SOL) or Book of Meme (BOME). We expect a 233% gain throughout the presale, but getting in now is essential. The $RABT tokens are worth $0.0042 at the moment, and they only keep rising.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
