The role a strong community plays in the growth of a cryptocurrency project cannot be overemphasized. It dictates the public’s perception of the project, which can affect its price. When a cryptocurrency appreciates handsomely, especially during a market downturn, it is often as a result of exhilarating goodwill overflowing from its community of enthusiasts.
The recent surges experienced by the NEAR and Litecoin price are testament of this general philosophy and Raboo (RABT), a new crypto project in the offing, is taking full advantage of it. It is one of the fastest growing crypto tokens today because it focuses on building strong communities. Investors are rushing its presale as it is projected to appreciate 100x before the year runs out.
Litecoin price rebounds after disappointing week
After hitting many highs in March, cryptocurrency prices have generally been volatile but in the last 7 days, most of them have been on a downward trend, including the Litecoin price. It hit several highs above $100 in March but fell close to $70 last week.
However, the Bitcoin clone seems to be finding its footing, posting marginal appreciations on the monthly scale at a price of $81. There aren’t many clear reasons for the resurgence, but it could be down to rumors about the coin getting its own ETF in the future. If this happens, it could be a game changer for Litecoin.
As the impact of the Bitcoin halving spreads, crypto enthusiasts are bullish about its potential of appreciating further-even higher above the $100 highs of March.
NEAR shines as altcoins struggle: Its token surges 6% in 24 hours.
NEAR is a layer 1 blockchain whose main aim is to allow anyone to build scalable decentralized apps with ease. Like most altcoins, it suffered a decline over the last week after Bitcoin and the whole crypto industry depreciated.
However, NEAR is one of the few tokens to have recorded any modicum of gains in the last 24 hours. It jumped 15% to around $7 as at press time, which could be the light of hope it needs to rebound and start a remarkable price rally.
AI-powered Raboo captures community spotlight
Raboo (RABT) integrates state-of-the-art AI capabilities, meme culture, Social Fi, and the power of NFTs to birth a unique opportunity for crypto enthusiasts. It provides a space where like-minded crypto lovers can connect and earn, fostering a strong, vibrant community of enthusiasts.
RABT holders will be able to take advantage of the platform’s unique SocialFi model to earn extra tokens by competing in weekly, monthly, and quarterly challenges and special giveaways to earn RABT tokens, AI-generated NFTs and other rewards. This makes it one of the fastest growing crypto tokens to invest in today.
Join the bandwagonÂ
As NEAR and Litecoin prices start to rally after a week of altcoin depreciation, for just $0.0036 Raboo emerges as a strong candidate for savvy investors. Its focus on community building, SocialFi and proprietary AI makes it the fastest growing crypto earmarked for massive percentage profits. This is a rare opportunity to become part of 2024’s most exciting coin, expected to make 100x gains.
You can participate in the Raboo presale here