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Memecoins are gaining traction, with Raboo emerging as a unique AI-based coin, attracting SHIB and FLOKI investors during its presale.
Memecoins are starting to take center stage and grow in value in the cryptocurrency world with investors now knowing the potential gains possible on their portfolios if they spend more on these coins. Some of the earlier coins in this space such as Shiba Inu (SHIB) and Floki have been the go-to coins to hold in this space, but a new AI-based coin Raboo is looking to change the memecoin space.
Raboo is a presale token and one of the fastest-growing coins leading the charge for interest in memecoins. This article explores why SHIB and FLOKI owners are getting involved in Raboo.
What is happening with Shiba Inu?
SHIB has had one of the craziest journeys in cryptocurrency, starting as a rip-off of Dogecoin and growing to where it is right now. As of right now, it is currently trading at $0.00001753. SHIB is the 2nd highest-ranking meme coin with a market cap of $10.22 billion, according to CoinMarketCap.
SHIB has not had terrible performances over the last few months, but having solidified its standing in the crypto market, the volatility of the coin bringing it down to new depths has put off investors. Also, the market saturation has led to SHIB not growing a lot and portfolios remaining constant, leading to investors seeking new coins along with SHIB to hold.
FLOKI: Memecoin inspired by Elon Musk
FLOKI has gained a lot of followers in the memecoin space. Named after Elon Musk’s dog, FLOKI has grown from the initial craze and stabilized a bit. Its market cap of $1.65 trillion ranks it 5th among all meme coins.
The platform FLOKI is on has allowed it to grow, but with all of that behind it, it is still flailing. As with other memecoins on the market, there is a lot of saturation in the space and regulations have made the growth of FLOKI somewhat unstable. With its focus on social media hype and community initiatives, FLOKI is not prime for long-term growth.
Raboo: The rising AI coin
The Raboo (RABT) token is already being tipped as one of the leading coins now. It is the next top-tier memecoin on the market and it has raised almost $2 million in its presale showing the extent of investor interest and confidence from the crypto community in the project’s potential. It is easy to see why the interest is so strong even before its public release.
Raboo’s platform is powered by AI, giving it strong features like automated trading signals and analytics where its users are provided with strong insights and can trade it efficiently. It also has a Social FI model that rewards users who participate in challenges, which allows the community to grow and be active. Another feature Raboo has that sets it apart is its Post-to-Earn capabilities which incentivize users to monetize their social media content giving people more opportunities to make money.
Raboo has a focus on technology that sets it apart from the other memecoins, which is why it is an interesting opportunity for investors. It has a foundation where long-term growth and stability are prioritized. Early investors have already seen a 60% return on their investments with the RABT token, and experts predict 100x results when the coin goes live.
Raboo is a presale token that will allow people who are crypto meme lovers to make positive contributions to the community by actively participating in activities to earn new tokens and NFTs.
Conclusion
SHIB and FLOKI are currently facing challenges, and with the decline in performance, Raboo has grown as a strong alternative for investors to diversify the returns on their portfolio and get in on the memecoin trend. Raboo, as it is, is arguably one of the leading coins now. It is still in its early stages, and getting in on it now is an opportunity to be part of a huge change in the crypto space.
Interested can participate in the Raboo presale or reach out on Telegram or Twitter.
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This article first appeared at crypto.news
