Ethereum ETFs look set to push the crypto market to brand-new highs in the coming weeks, with analysts asking whether coins like Dogwifhat and Raboo will join the party.
Raboo recently launched stage two of its presale at just $0.0036 and is already being tipped for an additional 200% plus increase during its ICO ahead of a predicted 100x forecast post-launch. Here’s why Raboo and Dogwifhat could benefit from an Ethereum ETF-led crypto market boost.
Ethereum ETF: Crypto’s next frontier
The crypto market has watched on as the Ethereum ETF narrative unfolds. In the wake of extreme regulatory scrutiny, markets are anticipating the launch of Ethereum ETFs with bated breath.
As the SEC delayed Ethereum ETF applications from financial giants such as BlackRock and Fidelity until May, crypto markets continue to await the full impact of Ethereum ETFs with high anticipation.
Many analysts believe the eventual adoption of Ethereum ETFs could provoke another crypto market surge similar to that of the successful launch of Bitcoin ETFs, pushing markets to brand-new highs later this year.
Dogwifhat: Meme coin benefitting from early bullish sentiment
The Solana-minted meme coin Dogwifhat has exploded onto the crypto market in a blaze of glory, quickly becoming a favorite among meme enthusiasts and crypto investors. Literally just a dog “wif” a hat, Dogwifhat has been accused of lacking utility. Despite this, it’s grown a significant community of backers thanks to its entertaining nature.
Consequently, the native WIF token’s price has surged almost 1700% from its launch value of $0.1742 on 19 December 2023 to its current value of $3.02. With Dogwifhat nearly reaching $5 at the end of March 2024, experts forecast that this exciting and disruptive meme coin will break that barrier later this year.
Raboo: New meme coin with intergalactic growth potential
The meme coin race is hotting up in early 2024, with new coins like Dogwifhat launching regularly. One new AI meme coin recently launched its crypto ICO to huge expectations and acclaim as it brings a unique user case to this competitive market alongside designs to become a top-20 cryptocurrency by market cap.
Raboo is a brand-new AI-powered meme coin aiming to become the next crypto market superstar, taking on the likes of Shiba Inu and Dogecoin with its powerful meme-generating capability. The project uses a compelling fusion of cutting-edge AI technology and Social-Fi mechanics, allowing users and meme fans to monetize their creations.
With the Raboo presale already registering impressive early sales, many predictions are among the most optimistic in the crypto market. Before the impact of Ethereum ETFs is considered, experts forecast Raboo could surge by 233% from its pre sale launch price of $0.003 during the ICO before posting potential 100x returns for early investors after launch.
Conclusion
As the crypto market awaits the impact of Ethereum ETFs with high expectations, existing meme coins such as Dogwifhat expect a surge once approval hits. However, investors seeking massive returns this year should look no further than Raboo’s sensational presale. Currently in stage two, priced at just $0.0036, it should be no surprise that gem hunters are flocking to this meme coin newbie.
You can participate in the Raboo presale here.
