While altcoins are currently taking a hit due to a major retracement in Bitcoin’s price, Shiba Inu (SHIB) and Super Trump (STRUMP) seem to be bleeding a lot more, raising concerns among investors. On the other hand, a presale token, Raboo (RABT), is seeing a massive price surge, attracting the interest of the crypto community.
The new AI meme coin is doing better than expected and has already raised more than $1.8 million in its presale. Read on to see why Shiba Inu and STRUMP are struggling to keep afloat and take a look at why Raboo (RABT) is outshining them.
Shiba inu: Popular meme coin loses popularity
Shiba Inu stole the altcoin show in 2021 and raised a strong community called the ShibArmy, which relentlessly promoted crypto.
However, recent price action shows that Shiba Inu might be fading. It has neither made new ATHs nor made any significant highs this year. In fact, the popular meme coin is down 25.7% in the last 30 days (CoinGecko).
This shows interest in Shiba Inu is gradually fading among crypto investors. Instead, they are looking into the future, and AI meme coins like Raboo seem to be where all the money flows.
STRUMP: Presidential meme coin loses steam
The U.S. election season usually comes with some exciting activities, one of which is the current flood of Trump tokens into the crypto market. STRUMP, also known as Super Trump, is one of those tokens. As per the token’s website, it is a ‘symbol of support for Trump’s political movement.’ But looking at its current price action, it does not seem STRUMP is rallying a lot of support.
Created nearly three months ago, STRUMP has grown nearly 600% since its launch. However, STRUMP is now battling to stay above $0.014 as more sellers continue to dispose of the meme coin. If this trend continues, STRUMP price could slip further to $0.010, plunging holders more into a loss.
With even more presidential meme coins expected to be released before the elections on November 5, it is hard to see how STRUMP can stay relevant and make any significant moves in the coming weeks. Meanwhile, Raboo is attracting a community of meme coin enthusiasts and surpassing analyst predictions.
Raboo: Unstoppable AI meme coin tipped to 100X in 2024
While meme coins like Shiba Inu and STRUMP might be struggling, Raboo investors may struggle to keep up with their profits as this new AI meme coin promises to deliver 100x this year. According to Cryptoslate, the AI cryptocurrency market has grown by over $25.1 billion as of March 2024, demonstrating just how profitable investing in a token like Raboo could be.
Raboo is a sweet mix of AI and meme culture, effortlessly fusing both worlds to create a token that is both relevant now and in the future. This token will bring together meme lovers from all over the world, forging a formidable community that will spur the project to new heights.
Another reason Raboo is poised to do exceedingly well is its tokenomics. With a balanced supply of 1.8 billion tokens and upcoming burn events, Raboo will become even more scarce in the following months as its supply will be reduced to push its price higher.
Additionally, the token’s smart contract has been fully audited by SOLIDProof, adding a level of security to the rising project. Raboo presents an exciting opportunity to part of a 100x token pretty early, allowing anyone to cash in on meme coins and reap huge rewards.
Conclusion
Smart meme coin investors know that they don’t just ape into any meme coin; they ape into those relevant to the present. And what is more relevant right now than AI? Shiba Inu and STRUMP may make comebacks later in the year, but Raboo is guaranteed to rake in profits.
Meme coins are still the fastest way to grow your portfolio this season, and investing in the Raboo (RABT) presale is one of the smartest ways to do so. The presale is selling out fast at $0.0048 per token in Stage 4. So jump on the moving train and buy some Raboo here.
You can participate in the Raboo presale here.
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