Solana teased breaking new all-time highs in 2024 after peaking at $212 in March. It did so off the back of the hyperactive Solana meme coin sector, buoyed by top-ranked Solana meme coin BONK. BONK, for its part, surged to prominence as it grew to a $2.7 billion market cap virtually overnight.
However, the smart money is moving on to Raboo ($RABT), which has ensconced itself at the center of the crypto conversation with its sensational presale. With every milestone it breaks, Raboo looks every bit the blue chip that pundits say it is. Raboo could give BONK and the Solana meme coin sector a run for their money in 2024—here’s why.
Solana ETFs could spark a rally to $200
Solana has superseded Ethereum in mindshare. In 2024, Ethereum already seems like an afterthought, with Solana dominating the discussion. In particular, the Solana meme coin sector drew so much investment that Solana almost broke its previous all-time high in March. While that hype cycle has fizzled out, another one might be brewing on the horizon with the launch of Solana ETFs. Solana may very well break past resistance at $200 once the first ETFs list in 2025—and when it does, you can expect the Solana meme coin sector to go boom.
BONK ready for another crack at the top 20 cryptos in 2025
BONK is the poster child of the Solana meme coin industry, establishing itself as the “top dog” of the bustling niche. While BONK failed to break into the top 20 crypto tokens by market cap, it came well within earshot of achieving the feat earlier this year when it peaked last March. And since BONK’s fortunes are closely intertwined with that of Solana, any potential growth by Solana in 2025 could have BONK challenging for a spot in the top 20 crypto list sooner rather than later.
Raboo poised to give Solana meme coin stars a run for their money
The hottest meme coin investment opportunity right now isn’t in the Solana meme coin niche, nor is it BONK. Instead, it’s Raboo, which analysts have tipped for a parabolic growth run by the end of the year. Currently, Raboo’s presale is off to a flying start in Stage 5, turning in a 90% gain for early investors as token prices have risen from $0.003 to $0.0057 since launching. The team has raised a remarkable $2.4 million in presale funding, and that’s only set to rise with the smart money going all in on Raboo to get in on early gains.
Central to Raboo’s value proposition is Rabooscan, a generative AI tool that scours databases, social media posts, and other internet verticals to inform its engine and create ready-to-go-viral memes at the drop of a hat. Best of all, Raboo holders can earn from their efforts through contests, giveaways, and its post-to-earn mechanic. Couple that with its deflationary tokenomics and staking, and you’ve got a project that’s ready to skyrocket once it lists.
Raboo is at the intersection of the lucrative AI and meme coin narratives, which it looks ready to ride to parabolic success in 2024.
You can participate in the Raboo presale here.
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Source: https://thecryptobasic.com/2024/09/15/can-solana-meme-token-bonk-reach-the-top-20-with-sol-by-2025/?utm_source=rss&utm_medium=rss&utm_campaign=can-solana-meme-token-bonk-reach-the-top-20-with-sol-by-2025