As analysts indicate a possible bearish month ahead for BONK and BNB, crypto market sentiment is driving holders to seek out high-profit alternatives. The popular choice is Raboo, the new AI meme coin with $2 million token already sold in its ongoing presale.
Raboo ($RABT) has doubled its automatic stage bonus from 10% to 20%, and for BONK and BNB holders, cashing out for Raboo’s presale is a business imperative.
Read on to find out more.
Bonk yet to recover investor trust
BONK is a meme coin based on the Solana blockchain and has, until recently, performed remarkably well. The coin is attempting a crypto market recovery after facing a downtrend over the past week. The coin is down 7.9% but aims to rebound in the coming days.
However, the massive selling pressure on the BONK network earlier this month plays a major role in its current price points. Weeks ago, the Chaikin Money Flow (CMF) indicator had exposed a steep correction as selling pressure was said to increase. Recent crypto updates have attributed recent declines to key investors pulling out investments from the coin, like in early July.
Analysts predict that the wider market rebound following the potential approval of Bitcoin ETFs could be the game-changer to win back investors’ trust in BONK. A new crypto market favourite, Raboo, seems to be winning all the trust as BONK investors are cashing out to buy into Raboo’s presale.
BNB delivers below expectation, raises investors’ doubt
The BNB price has gone down 3% over the last week. While this suggests a fair price movement, Binance, however, continues to deliver before its projections. The coin took a deep dive since its three-day rally that hit a high of $585 on July 1st. Analysts record that BNB price fell to an intra-day low of $459 on July 5th.
Decreasing activity on the BNB Chain has subsided as, in the past weeks, more users engaged less, leading to a decline in the coin’s momentum. Earlier this month, DefiLlama noted a decreasing total value locked (TVL) on the network, fueled by BNB’s 12% drop in June.
BNB’s 3% downtrend in the past week is a chain reaction of these downtimes. As investor doubt over the coin’s profitability in the short-term increases, a new coin, Raboo, presents an exciting option for BNB holders looking to rev up their portfolio in the second half of 2024.
Raboo: A crypto market favourite for profits
Today, there are 200 million content creators in the world, creating photos and other forms of media. Also, the generative AI industry is predicted to be worth a trillion dollars by 2030. The intersection of these high-profit industries is where you find Raboo, the new AI meme coin.
Raboo reconciles the worlds of generative AI, content creation, and memes to create wealth for its users and investors. The Rabooscan generative AI crawls through Raboo social media for meme-worthy posts and pools them together to create high-quality memes.
Users are also enabled to share content and those whose content is blended into memes receive Raboo token rewards. And there are 135 million Raboo reward tokens set aside for anyone who’s up for some easy cash and creative enough to make the cut.
Join Raboo to max out free offers
It’s already the second half of 2024, and if you haven’t hit the jackpot yet, your chance is now. Raboo intersects high-reward industries with rich potential and offers fantastic rewards for users.
Raboo is positioned to spike by 233% during the presale stages. While the project is now in Stage 4 of its presale, you can go from $2,000 to $200,000 with expert’s projection of 100x post-launch surge.
What’s more, Raboo has doubled its automatic stage bonus from 10% to 20%. That’s already a lot to miss.
You can participate in the Raboo presale here.
