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Investors are baffled and wondering if the bubble has finally burst after seeing notable declines in Dogecoin (DOGE) and Shiba Inu (SHIB) in recent weeks. In the meantime, Raboo (RABT) is garnering a lot of attention with its AI-driven token presale. Additionally, the new meme coin has amassed over $1.4 million and is predicted to potentially yield a 100x return by the end of 2024. Learn why this meme currency with AI backing is regarded as one of the best ones to purchase right now by reading on.
Summary
Dogecoin Down in the Dumps in Recent Days
The past few days have been rough for Dogecoin (DOGE). Having initially started the year on a positive bullish rise, Dogecoin now faces a mixed trend. Today, May 24, 2024, sees DOGE selling at around $0.15, indicating a 4% decline from yesterday. Taking a look over the past few days, DOGE’s modest decline follows a brief spike that saw the price hit a seven-day high of $0.174 earlier this week.
Even with the latest decline, DOGE is still trading in a narrow range. It’s still up over 5% from its 7-day low of $0.142. This suggests some underlying stability and potential for renewed upward movement.
Shiba Inu: Price Stumbles Despite Market Outperformance
As of May 24, 2024, Shiba Inu is trading around $0.000024. This might seem like a small number, but on its 30 day chart this actually represents a decrease of around 10%. However, there’s a glimmer of hope for Shiba Inu hodlers (holders).
While Shiba Inu might be struggling, it’s actually outperforming the broader market. Over the past week, the global cryptocurrency market has seen an average increase of around 5.3% with Shiba Inu attaining a slightly higher gain of over 3%. Investors who purchased the coin after its bullish movement in recent weeks are likely going to feel dismayed by its recent price performance, especially in the last 24 hours.
AI-Powered Meme Coin intensifies thanks to Presale coin Hype
The meme coin space is witnessing a new contender rise through the ranks – Raboo ($RABT). While Dogecoin (DOGE) and Shiba Inu (SHIB) have been the flagbearers of the movement, Raboo is capitalizing on the red-hot trend of artificial intelligence (AI) integration to make a meteoric rise during its presale.
The impressive presale event and trend have several top-tier analysts predicting a potential 100x increase for Raboo by the end of 2024. This bullish forecast is fueled by the impressive $1.4 million currently raised during the presale, exceeding initial expectations.
The platform is also keen to create a world where SocialFi, MemeFi, and blockchain are available in one place. This innovative project is poised to bridge the gap between memes and the digital world, leveraging the power of AI to propel the meme coin market forward.
What’s more is that the platform is keen on meme enthusiasts’ interaction where users could potentially earn and connect with like-minded crypto investors. In order to ensure proper security and transparency, Raboo smart contract has been rigorously audited by SOLIDProof.
Raboo’s “Post-to-Earn” platform allows users to monetize their social media content, turning their online creativity into real-world rewards. Don’t miss out on the Raboo revolution! Join the community and be part of 2024’s most exciting meme coin tipped to surge by 10,000% this year.
Conclusion
Raboo’s focus on AI integration seems to be resonating with Dogecoin and Shiba Inu investors. So far, the Ai-backed meme coin’s token presale price has moved from an initial entry price of $0.003 to its current stage 3 price of $0.0042.
This is why the presale has several investors keen to diversify their portfolios. By getting in early, you can lock in a lower price point before Raboo hits the major exchanges.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
*This article was paid for. Cryptonomist did not write the article or test the platform.
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