As investors gear up for the upcoming bull run, many are scrambling to buy the next crypto to explode. Some have pinpointed Toncoin and Polygon, but will they match the profit potential of Raboo? Dive in to find out.
Toncoin’s network activity soars
Toncoin has gained serious momentum over the past few months, with some projecting it as a potential breakout in the next bull run. As the native token of The Open Network, TON is closely affiliated with Telegram, created by Telegram’s founders and heavily integrated within the app. While Toncoin takes a novel approach to Layer-1 network development, it’s the exposure to Telegram’s near-1 billion user base that has investors bullish.
The network is processing more than 12 million transactions per day in September, more than a tenth of Ethereum. While that might seem insignificant, it’s notable given that Toncoin typically processed less than one million per day in February. Over the same timeframe, daily active TON wallets have shot up from around 50,000 to more than one million.
With TON now placing in the top 10 cryptos with a market cap of $14.2 billion, it’s not too far off its June all-time high of $8.24, worth $5.57 today. If network activity continues to grow, Toncoin could be the next crypto to explode.
MATIC bleeds out below 2022 lows
Polygon (MATIC) stands in stark contrast to Toncoin. MATIC is a Layer-2 solution for Ethereum designed to boost transaction speeds and lower costs. However, in the face of Ethereum developing its own scalability solutions and competition from similar Layer-2s like Base and Arbitrum, MATIC’s POL token (recently migrated from MATIC) has faced steep declines.
POL itself is the 57th most valuable crypto with a market cap of $1.1 billion. But, after a high of $1.27 back in March—considerably below its all-time high of $2.92—MATIC has bled out to just $0.37 today, below its 2022 low. While the token migration may serve some utility, MATIC is unlikely to recover its lost gains any time soon.
Raboo’s new AI meme coin tops $2.5 million in presale
While Toncoin looks bullish, its price potential is nothing compared to that of Raboo. A new AI-based meme coin, Raboo has shot up 90% in its presale after raising more than $2.5 million from thousands of backers. With an estimated ROI of 143% left to rise in the presale, some analysts predict that $RABT has a 100x breakout potential when it hits exchanges.
Raboo’s flagship feature is Rabooscan, an AI agent that scans social media for the hottest memes and feeds them into a meme generation tool. Users can enter their creations into weekly, monthly, and quarterly challenges to earn $RABT and other hefty rewards. Meanwhile, users can monetize their social media following using Raboo’s lucrative Post-to-Earn feature.
This AI-powered SocialFi ecosystem is complemented by staking yields, no buy or sell taxes, and a deflationary token-burning event. Add to that an upcoming NFT drop, and Raboo could turn out to be a highly profitable investment for early backers. Don’t miss a spot in the presale—$RABT may never be this cheap again.
You can participate in the Raboo presale here.
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Source: https://blockchainreporter.net/toncoin-or-polygon-which-crypto-is-set-to-explode-in-the-next-bull-run-crypto-experts-debate/