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

Toncoin Fans Flock to Shiba Inu and Raboo Amidst Crypto Market Turbulence

NewsBTC
NewsBTC
Last Updated: September 4, 2024 11:52 am
3 mins read

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With the crypto market going through some serious ups and downs, Toncoin fans are starting to explore new horizons. Shiba Inu and Raboo ($RABT) are catching their eye. These two projects are quickly becoming favorites for those looking to diversify and find some stability.

Shiba Inu’s strong community and Raboo’s cool mix of AI and meme culture are proving to be solid options for investors. Keep reading to find out why!

Toncoin slips below $5? Global investigations put pressure on TON price

Toncoin has fallen below $5 as Telegram, the messaging app connected to TON, faces serious global investigations. After the arrest of Telegram’s CEO, authorities around the world are taking a closer look. In South Korea, police are now investigating whether Telegram was involved in spreading deepfake content, and they’re teaming up with French authorities and other global partners to dig deeper.

On the technical side, TON’s price isn’t looking great. It’s already dipped below key moving averages, and if the $4.9 support doesn’t hold, we could see it drop below $4.7 soon.

Shiba Inu community steps up & SHIB price is climbing

The Shiba Inu community is taking the reins with a big vote on how to use their funds, starting on August 31st. This vote is all about making the SHIB ecosystem more transparent and giving everyone a say. With some experts predicting that SHIB price could hit a new all-time high by 2025, this vote comes at an exciting time.

The proposal on the table includes a team of key figures like LC, GOSSIP Shib, Kaal Dhairya, Shytoshi Kusama, and a signer chosen by the community. They’ll manage the funds, but it’s the community who will decide how to use them.

As the SHIB community gets ready to vote, the price has been slowly climbing, up about 3% in the ending days of August.

Raboo – The new investment everyone is talking about

If you’re into finding the next big thing, Raboo is definitely worth a look.

So, what’s got everyone so excited? Recently, Raboo dropped a major update about their new AI tool, Rabooscan. The team has wrapped up the first stage of development, which involved gathering and cleaning up a load of data. Now, they’re diving into phase two, focusing on developing the model that will make Rabooscan tick. This progress is a big deal, showing that Raboo is on track to deliver something really innovative.

This update has caught the attention of many, drawing even more investors to Raboo’s presale. The mix of cutting-edge AI tech and meme culture is proving to be a winning combo, drawing in everyone from tech geeks to hardcore meme fans.

On top of that, Raboo has another trick up its sleeve: a Zero Buy and Sell Tax. That’s right—no taxes when you buy or sell, making it an even sweeter deal for investors.

Summary

As the crypto market remains rocky, more and more Toncoin enthusiasts are jumping ship to Shiba Inu and Raboo.

Whether it’s Shiba Inu’s push for decentralized governance or Raboo’s innovative take on AI, these projects might just offer the kind of potential that Toncoin fans need to ride out the storm.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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