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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Cardano Drops Further As Pepe And Raboo Show Why Meme Coins Are The Future!

NewsBTC
NewsBTC
Last Updated: July 26, 2024 9:00 am
3 mins read

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As the crypto market gradually crawls back into bullish territories, investors are beginning to come on board again as the top crypto coins come alive. While Pepe and new meme coin, Raboo ($RABT) are flying the meme coin flag high with impressive performances and even more exciting profit prospects ahead of the crypto bull run, Cardano’s woes continue.

The ADA price has been on a rapid decline, contrasting the huge gains on $RABT and PEPE.

We have more on Cardano and the two delightful meme coins.

Cardano faces continued decline despite Cardano ETF rumors

Many times, crypto prices are driven by news or even rumors. However, despite the speculations about a potential launch of a Cardano ETF, ADA has not reacted positively on the price charts as one would expect. Although still a mere speculation, a Cardano ETF launch could give the project a boost, and considering how Charles Hoskinson (Cardano) has subtly fueled the rumors, ADA should be generating some excitement right now.

Nevertheless, Cardano is still struggling to heal from the bear fever. ADA is currently trading at $0.3937, reflecting an 7.23% decline over the past seven days and a modest 0.10% increase compared to its price a month ago.

This lackluster performance defies the broader market’s bullish sentiment, and it’s only a matter of time before ADA investors move on to other promising crypto projects like Pepe and Raboo.

Experts back Pepe, but still some concerns

Since its launch, PEPE has established itself as one of the top crypto coins in the meme coin sector. With a daily average volume of around $700 million, Pepe Coin is only second to Dogecoin in that regard. With such a reputation, investors would instinctively look in the direction of PEPE when a crypto bull run is on the horizon.

Unsurprisingly, some analysts have tipped the PEPE price for an 80% pump in Q3, and the coin, on its own part, gained 23% just a few days ago. Although the PEPE price is also up 1.96% on weekly trends, the meme coin is still 9.25% short of its price from this time last month, suggesting PEPE still has a long way to go.

In another twist, at $0.00001158, the PEPE price is currently down 7.50% on daily trends, causing some doubts among investors. Maybe it’s just a minor retracement, and the expert predictions are correct; only time will tell.

Raboo to light up the crypto bull run

When it’s bull season, many crypto veterans believe it’s ‘meme coins time.’ And despite the recent slight to the reputation of meme coins, Raboo could become one of the biggest breakthrough stories in the crypto market in recent times, and more than 3,000 crypto investors are already banking on this new AI meme coin’s prospect.

The Raboo project is on a preparatory mission. It’s no longer news how much the meme coin sector has declined in terms of quality memes. Meme coins these days have continued to live up to their names only quantitatively, ignoring quality and just forcing uninteresting jokes on the Defi industry. Raboo is looking to end that.

The Raboo project will focus on injecting new excitement into the crypto-verse through quality memes that will be filtered and improved by its AI tool, Rabooscan. The Rabooscan would scout the internet for memeable content and reward creators of this content with $RABT tokens through the Raboo project’s post-to-earn feature.

Apart from earning for creating quality memes, these creators would have access to a community of fun-loving likeminds from across the world where they can share ideas and have fun while they earn.

100x post-launch profits on $RABT

As the market gears for a crypto bull run, Cardano is still yet to join the profit party. With its reputation, PEPE has gotten the nod from investors, but recent performances still put the top meme coin up for questioning.

Raboo is impressing the entire DeFi industry, analysts and investors alike. The AI meme coin has registered more than 10,400 users and counting and raised over $2 million.

$RABT tokens have a 233% profit potential in the presale stages. Although the tokens are in presale Stage 4 at $0.0048 each, there’s a 100x price pump prediction for post-presale when $RABT goes live on major exchanges.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

 

 

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Reason to trust

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