Dogecoin’s price has been really volatile and unpredictable over the last month, there have been some price pumps reaching $0.01 followed by severe price drops as new trending meme coins take over the limelight. Despite recent bullish advancements, DOGE has stagnated after facing resistance at the $0.1018 mark. Bitcoin’s price is no exception, as noted by its tiny 0.6% increase in the last month.
Raboo’s ($RABT), however, is outshining both Bitcoin and Dogecoin’s price action after its presale token rallied some 90%. With its focus on trending meme coins and the generative AI space, Raboo’s Social-Fi ecosystem is tipped to bring a 10,000% surge for $RABT when it launches on major exchanges.
Bitcoin’s price dips below $60,000 as bearish concerns rise
The latest reports indicate that BTC holders are 67% bearish, with a paltry 33% maintaining optimism of a rebound. Analysts are highlighting a change to Bitcoin’s four-year market cycle that could be disrupted as a result of the evolving macroeconomic trends.
Despite a recent halving event that is often followed by a bull run, Bitcoin’s struggle to breach the $60,000 resistance level could see the pioneer cryptocurrency decline further toward the $53,000 region.
This delicate balance is increasingly unpredictable, and even though Bitcoin’s price has dipped in recent weeks, BTC’s price is still up over 124% year-to-date, giving holders optimism of a possible bullish resurgence.
Dogecoin’s price stagnated following a dip below $0.1
Dogecoin is still at the top of the most trending meme coins thanks to its massive following of supporters who have maintained its price above the $0.09 mark despite market volatility. The dog-themed meme coin had no sign of exciting price movement for about a fortnight, however, it looks as though things are improving. Holders anticipate a bullish breakout now Dogecoin’s price has breached the $0.1 resistance level.
Compared to its all-time high of $0.7 three years back, Dogecoin’s price is struggling to trade above $0.1, which is nothing compared to its all-time high. With 76% of DOGE holders optimistic about a bull run for Dogecoin’s price, analysts are predicting a price of $0.2 by 2030 if current support levels are maintained.
Raboo’s RABT shocks investors after a 90% rally
Raboo’s $RABT token has surged 90%, surpassing most trending meme coins, including DOGE and even Bitcoin’s performance in the last few weeks. While the rest of the crypto market remains volatile, Raboo’s Social-Fi and MemeFi platform has gained traction, with investors raising over $2.4 million weeks after the presale launch. $RABT kicked off the presale with an introductory price of $0.003 but that didn’t last long, as it is now priced at $0.0057, leaving $RABT holders with meteoric gains.
Raboo’s Social-Fi platform has attracted meme coin enthusiasts thanks to its capacity to go beyond the comradery of meme coins to offer users a Post-to-Earn platform with a twist. Raboo features Rabooscan, which is the platform’s AI meme generator.
Rabooscan will scour social media platforms for the best and trending memes, it will then use these to create AI-generated fresh and hilarious memes. And you don’t have to wait until launch! There are plenty of competitions taking place now, with its users earning free tokens already.
Conclusion
Bitcoin and Dogecoin’s prices are currently sluggish and unreliable, and the market is growing increasingly bearish. However, Raboo’s $RABT is a beacon of hope for investors looking to generate meteoric gains this season.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
Source: https://coinpedia.org/press-release/raboo-rockets-past-doge-and-bitcoins-daily-gains-combined/