Reason to trust
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The Federal Reserve has announced its decision to hold interest rates at their current level 5.5%. All eyes were on Jerome Powell’s press conference and the meeting minutes, released in early July, for hints of future rate cuts. After the announcement of this decision, three crypto tokens could be primed for liftoff: Raboo, Cardano, and Solana. Dive in to find out why.
Raboo: The AI-meme maestro
The crypto market was closely watching for positive Fed interest rate news. Historically, signals that the Fed might slash interest rates have buoyed tokens, especially meme coins. One standout token ready to ride the wave of bullishness is Raboo, a new project straddling both the booming AI and meme coin markets—two sectors worth $33 billion and $60 billion, respectively.
Raboo’s presale has already been a smash hit. It’s risen more than 60%, amassing more than $1.7 million from thousands of investors. Raboo is creating a fun-packed ecosystem where users earn while engaging with fellow meme coin lovers.
Take its weekly, monthly, and quarterly meme contests where creativity is the name of the game. Users leverage Rabooscan, a tool that snags the trendiest memes from social media, and Raboo’s advanced AI to generate side-splitting memes, with the funniest ones scoring massive prizes.
Users can also turn their social media memes into cash via Raboo’s Post-to-Earn platform. Combined with an exciting NFT collection and a generous staking program on the horizon, the profit potential is massive. Crypto analysts see Raboo’s strong start and potential 233% climb throughout the presale as a strong indication that it could just be the next 100x crypto market craze.
Cardano: All systems go for Voltaire
Cardano, the trailblazing collecting Layer-1 network, is on the cusp of its game-changing Voltaire upgrade, marking the final stage on its journey to full decentralization. The Voltaire upgrade promises advanced governance and complete network ownership by Cardano’s ADA holders with a functioning treasury and annual budgets.
While other tokens have reclaimed their 2021 highs, Cardano has lagged, peaking at $2.94 in 2021 and now at a mere $0.42. However, this Fed interest rate news could spark a dramatic turnaround for Cardano, given that it seems fundamentally undervalued based on the incredible strides made by its developers over the past few years.
Solana: Resilience could spell a bullish run ahead
Solana has been one of the fastest-growing layer-1 networks of 2024 thanks to its high throughput and low transaction fees, with Solana meme coins continuing their rampage in June.
Signs are pointing to a potential SOL upturn, with a steady funding rate despite a SOL dip and rising numbers of users interacting with Solana dApps. Although SOL hasn’t yet reached a new all-time high, it peaked at $205 in March compared to its 2021 peak of $259, outperforming Cardano.
More generally, Solana has held firm over the past three months, and news of the Fed holding the current interest rates could provide the rocket fuel for a SOL spike. It currently trades at around $144, with its resilience and impressive growth hinting at exciting times ahead for Solana investors.
Conclusion
Overall, things are looking up for these three projects. Solana and Cardano seem to be going from strength to strength. But in terms of profit potential, Raboo emerges as a top contender.
Meme coins and AI tokens are as relevant as ever as two of the top-performing crypto sectors of the last few months. The sentiment surrounding them has undoubtedly been reflected in Raboo’s epic presale performance. Tokens are selling fast—secure an early position in Raboo and be first in line for its potential parabolic run later this year.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
