Ethereum

Render

MemeFi

Pepe

DOGS

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
While Ethereum and DOGS struggle, Raboo’s AI-backed MemeFi platform is set to soar with a forecasted 100x ROI.
The year 2024 saw the big tokens – Bitcoin and Ethereum – gain approval for associated ETFs, giving the crypto market a temporary jolt before a market-wide downturn hit. The crumbling ETH price left holders reeling with a disheartening 36% 3-month loss, with the newly launched DOGS memecoin tumbling 35% in 30 days.
However, during the same timeframe, the <a href="https://rabootoken.com?&amp;utm_source=marketing&amp;utm_campaign=CRNE&amp;utm_id=1209-10" target="_blank" rel="noopener noreferrer nofollow">new AI meme coin RABT</a> shot up 90%. The AI-backed meme platform has won the hearts of meme enthusiasts and investors with a unique MemeFi approach. Its SocialFi model enables users to monetize meme content to earn token rewards.
Analysts forecast that RABT could return 10,000% upon launch, leaving ETH price and DOGS in the dust.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/shib-and-render-holders-remain-bullish-on-tax-free-token-raboo/"> SHIB and Render holders remain bullish on tax-free token Raboo </a>
<h2 class="wp-block-heading" id="eth-price-bleeds-red-for-3-consecutive-months">ETH price bleeds red for 3 consecutive months</h2>
Ethereum leads the altcoin market share with a <a href="https://www.coingecko.com/en/chains" target="_blank" rel="noopener noreferrer nofollow">$43.5b TVL.</a> That’s more than half of the $75.5 TVL of all chains.
Despite its dominance and popularity, the ETH price has posted uninspiring price action for months.&nbsp; Ethereum lost its market footing in June, bleeding red across three months.
After dropping below $2.4k in August, ETH has faced roadblocks three times in the $2.7k-$2.8k zone, sending it down to the $2.2k region by September 9.
Per Binance data, ETH has tumbled over 11% in the past month, pushing its 90-day losses past 36%. The prolonged red streak has left Ethereum investors sitting on a meager 46% annual ROI.
Frustrated bagholders are closing out their ETH positions to bet on the new SocialFi memecoin, Raboo, for a better return.
<h2 class="wp-block-heading" id="dogs-follows-eth-price-footsteps-with-a-small-roi">DOGS follows ETH price footsteps with a small ROI</h2>
DOGS is the latest memecoin setting The Open Network (TON) ecosystem on fire with dynamic, community-driven player initiatives. With deep roots in the Telegram community, everyone thought DOGS would go to the moon on launch, but it didn’t.
DOGS launched at $0.00054. After an approximate 100% rally, it faced a crippling selloff at $0.0016. That’s around a 3.3x return, small potatoes for the hyped dog memecoin.
The selloff pushed DOGS down 37% from its ATH. It crumbled to consolidate losses to a price of $0.0010 by September 9 as investors shifted attention to presale meme coins like RABT for a better chance of a 100x ROI.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/pepe-or-raboo-a-quest-for-the-memecoin-which-could-displace-polkadon-in-2024/"> Pepe or Raboo: A quest for the memecoin which could displace Polkadot in 2024 </a>
<h2 class="wp-block-heading" id="raboo-is-set-for-a-233-roi-presale">Raboo is set for a 233% ROI presale</h2>
The Raboo (RABT) presale is drawing significant attention from meme enthusiasts and crypto whales. In stage 5, the ICO has amassed over $2.4 million, sending its price 90% up from the introductory price of $0.003 to hit its current price of $0.0057. That’s nearly a 2x return for first buyers.
Analysts project a 233% increase in its presale alone and a 100x on launch, meaning the Raboo party and profits are far from over.
Raboo features a MemeFi model that will enable meme enthusiasts to monetize their meme content. Users can engage in exciting meme generating activities to earn rewards through the platform’s Post-to-Earn feature.
Regular challenges, giveaways, and NFT launches are also on the cards,&nbsp; providing token holders more opportunities to earn extra rewards and prizes.
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
ETH price continues to dash investor hopes, while the DOGS has refused to go to the moon. Raboo is positioning itself within the meme market in such a way that analysts believe it will return a staggering ROI past 100x on launch.
<a href="https://rabootoken.com/?utm_source=marketing&amp;utm_campaign=CRNE&amp;utm_id=1209-10" target="_blank" rel="noopener noreferrer nofollow">Interested users can participate in the Raboo presale</a> here, and visit its <a rel="noopener noreferrer nofollow" href="https://t.me/RabootokenPortal" target="_blank">Telegram</a> and <a href="https://twitter.com/Raboo_Official" target="_blank" rel="noopener noreferrer nofollow">Twitter.</a>
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/toncoin-holders-move-to-raboo-a-trending-memecoin-gunning-for-top-20/"> Toncoin holders move to Raboo, a trending memecoin gunning for top 20 </a>
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

ETH holders cash out for Raboo’s ROI, leaving DOGS struggling to keep up

Table of Contents

crypto.news

Other articles published on Sep 12, 2024

Ripple Announces Smart Contracts for XRP Ledger, Expanding Features for NFTs, AMMs, and DEXs

Can Ondo and Render Match Rollblock's 100x Projections, Analysts Don't Seem to Think So

Justin Sun’s SunPump to Initiate "100% On-chain Buyback and Burn Process"

3DOS Launching Decentralized “Uber for 3D Printing” on Sui

Could Rollblock Be The Second Coming of Decentraland and Sandbox’s 5,000x Rallies?

Will Cardano Break Out? ADA Price Move Will ‘Shock’ Crypto Traders

Join our free newsletter for daily crypto updates!