Hot on the heels of the ETF approval, the Ethereum ATH mark is well within reach. While the rising tide floated many coins to higher levels, older and underperforming tokens are lagging. Tron, for instance, slipped a position in the market cap rankings as the Tron price battles to keep up with the pace. Consequently, Tron token holders are swapping out TRX for the new meme-fi AI token Raboo’s current presale.
Ethereum (ETH): Ethereum ATH Inching Closer
It was in November 2021 when Ethereum reached its all-time high, just shy of $5k. Thanks to the ETF approval, the Ethereum ATH is within reach, with some analysts predicting it will come within the next month to six weeks. The Ethereum ETF has already secured $11 billion in assets, and that’s just in the Grayscale wallet, with estimates that the Ethereum ETF market has already surpassed $50 billion, with more funds rolling in daily.
The way the market is reacting now, it is not outside the bounds of possibility that once the Ethereum ATH has been breached, it can 2x or even 3x before the end of the year.
Tron (TRX): Tron Price Loses Ground As It Loses Focus
Tron was a great idea, but lost focus and is paying the price. Tron’s initial call to action was to decentralize the internet. This is a laudable, if ambitious, idea. But Tron never got there. Instead, Tron is now the purveyor of near-worthless fan coins. Its portfolio looks impressive, but its market figures are not. The Tron price took a beating, losing 5% in the last month, one of only two top-15 tokens to return a negative candle in this period.
Speaking of the top-15, Tron is making it, but only just, having slipped a position to Chainlink. The Tron price is not looking promising, and Tron investors are looking elsewhere.
Raboo (RABT): Presale Token Offers A Chance At 100x Returns
Raboo is a new meme coin combining cutting-edge AI-driven technology with internet-cool meme culture, all placed on top of a DeFi staking protocol that lets investors earn passive income. This one-of-a-kind mix makes Raboo a phenomenon in the cryptosphere. And oh, it also has an NFT marketplace to claim a stake in the gaming market.
Raboo is an all-round coin, and with deflationary tokenomics underpinned by a limited supply and token burns, Raboo is all but guaranteed to increase in value. Basically, Raboo is melding all the appeal of meme culture with the rock-solid tokenomics of the big-name tokens, and it’s no wonder Raboo’s presale is drawing attention across the markets.
Raboo is now in its third phase of presale and has already gained over $1.5 million in liquidity from its close to 7,000 subscribers and over 2,000 token holders.
Conclusion:
With the Tron price heading lower, it may be time to abandon a sinking ship and head over to more sustainable and lucrative tokens. With the Ethereum ATH within sight, investing in ETH is not a bad idea, but for really explosive growth, participating in the third phase of the Raboo presale can make for the best returns this investing season. Raboo ($RABT) tokens are now available at $0.0042.
You can participate in the Raboo presale here.
