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As ethereum and DOGS battle it out, Raboo’s ai-backed MemeFi platform is set to take off with a projected 100x ROI.
In 2024, the major cryptocurrencies (bitcoin and ethereum) gained approval for associated ETFs, giving the crypto market a temporary jolt before a widespread crash set in. eth’s price crash left holders reeling with a disheartening 36% loss in three months, and the newly launched memecoin DOGS fell 35% in 30 days.
However, during the same time period, the new ai RABT meme coin Meme prices skyrocketed by 90%. The ai-backed meme platform has won the hearts of meme enthusiasts and investors with a unique MemeFi approach. Its SocialFi model allows users to monetize meme content to earn token rewards.
Analysts predict that RABT could see a 10,000% return after its launch, leaving eth and DOGS behind.
eth price remains in the red for 3 consecutive months
ethereum leads altcoin market share with a $43.5 billion TVL. That's more than half of the $75.5 TVL of all networks.
Despite its dominance and popularity, the eth price has had uninspiring price action for months. ethereum lost its market position in June, bleeding red for three months.
After falling below $2.4k in August, eth faced hurdles three times in the $2.7k-$2.8k zone, sending it to the $2.2k region on September 9.
According to data from Binance, eth has fallen by over 11% over the past month, bringing its 90-day losses to over 36%. The prolonged red streak has left ethereum investors with a meager 46% annual return on investment.
Frustrated bag holders are closing their eth positions to stake SocialFi’s new memecoin, Raboo, for better returns.
DOGS follows eth price with small ROI
DOGS is the latest meme coin to set The Open Network (TON) ecosystem alight with dynamic, community-driven player initiatives. With deep roots in the Telegram community, everyone thought DOGS would go to the moon at launch, but that wasn’t the case.
DOGS launched at $0.00054. After a rally of roughly 100%, it faced a crippling sell-off at $0.0016. That’s a return of around 3.3x, which is small potatoes for the popularized dog memecoin.
The sell-off saw DOGS drop 37% from its all-time high. It crashed to consolidate losses at a price of $0.0010 on September 9 as investors turned their attention to pre-sale meme coins like RABT for a better chance of earning a 100x return on investment.
Raboo prepares for a pre-sale with a 233% return on investment
The Raboo (RABT) pre-sale is attracting significant attention from meme enthusiasts and crypto whales. At stage 5, the ICO has amassed over $2.4 million, which has seen its price jump 90% from the launch price of $0.003 to reach its current price of $0.0057. That’s almost a 2x return for early buyers.
Analysts are projecting a 233% increase in pre-orders alone and a 100x increase at launch, meaning Raboo’s party and profits are far from over.
Raboo features a MemeFi model that will allow meme enthusiasts to monetize their content. Users can participate in exciting meme-generating activities to earn rewards through the platform’s Post to Earn feature.
Regular challenges, giveaways and nft drops are also planned, giving token holders more opportunities to win additional rewards and prizes.
Conclusion
eth price continues to dash investors’ hopes, while DOGS has refused to reach the moon. Raboo is positioning itself within the meme market in such a way that analysts believe it will see a staggering return on investment of over 100x at launch.
Interested users can participate in the Raboo pre-sale Here, and visit your Telegram and twitter.com/Raboo_Official” target=”_blank”>twitter.
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