The crypto market is on a wild ride, with some coins tanking while others are still managing to shine. As the Fear and Greed Index drops into deep fear territory, coins like Solana and Ondo are taking a hit. Solana’s price is seeing red across its charts and is facing scams that make investors even more nervous. Ondo, after a strong start, has also dropped around 20% this past month.
But there’s one token that’s refusing to slow down—Raboo ($RABT). Despite the overall market dip, this meme coin is still pumping, thanks to its innovative use of AI and a strong community. Let’s see what’s happening with Solana, Ondo, and Raboo in this tricky market.
Fear and Greed index dives, Solana price follows suit
The Fear and Greed Index just took a big dip, sinking into deep fear territory—something we haven’t seen since the lows of July and August. Naturally, Solana isn’t faring well in this climate, showing red across the weekly and monthly charts.
What’s worse, scammers have jumped in, finding sneaky ways to steal from Solana users by burning their tokens right after they buy them. And, as if that wasn’t enough, the long-awaited Solana ETF is still sitting on the back burner, leaving investors waiting.
With all this negativity swirling around, Solana’s going through a rough patch.
Ondo token drops alongside market fear
Ondo, the Ethereum token from Ondo Finance, had a wild start, shooting up from $0.09 to $1.48 in its first few months —a 1,544% gain! But lately, things have cooled down.
In the last month, Ondo has dropped 20%, which lines up with the overall dip in the Crypto Fear and Greed Index. Still, Ondo Finance isn’t doing too badly, as they offer loans backed by real-world assets. It’s currently sitting on $536 million in TVL, placing it among the top DeFi protocols. Even though the platform is still solid, the recent price dip shows how quickly the market can shift when fear kicks in.
Raboo investors get ready for double-digit gains as the rest of the market stumbles
Even though the Fear and Greed Index shows fear taking over the market, Raboo is defying the odds and surging ahead. As it gets ready for its fifth presale stage, Raboo has already jumped over 60% in price, now sitting at $0.0048, with more than $2.3 million raised so far. With over 90% of tokens sold in Stage 4, the FOMO is real, especially with the rest of the crypto market struggling.
While most cryptos are feeling the heat of volatility, Raboo is on a mission to become the next top meme coin. Raboo is powered by generative AI, letting users create viral memes with its exclusive tool, Rabooscan. Rabooscan searches social media for the hottest trends and generates fresh memes that users can share and even monetize, creating a way to earn passive income.
As Stage 4 of the presale nears its end, early investors are rushing in, knowing they’re running out of time to get in before the price skyrockets. While fear is spreading through most of the crypto world, many see Raboo as a potential 100x profit opportunity —and it’s got plenty of people excited for what’s next!
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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Source: https://cryptodaily.co.uk/2024/09/solana-and-ondo-plummet-amid-fear-and-greed-index-drop-but-raboo-is-still-pumping