Chainlink And Chiliz Rapid Price Increase as 100x Raboo Capitalizes From Meme Coin Frenzy

/Raboo/ – Chainlink (LINK) has been rising rapidly as it continues to witness a significant boost in the number of cross-chain transactions within its protocol. Similarly, Chiliz (CHZ), after its recent partnership with Naver Pay, has seen a remarkable surge in its token price.

Also, there’s an increased interest and investment in the meme sector, and a debut presale coin known as Raboo (RABT) is already making the most of it, having raised over $1.5 million in its ongoing presale and has garnered a strong sense of optimism among investors, regarding its token’s potential  100x rally after launch.

LINK Rallies by 53% on Cross-chain Dominance: Headed for $20?

Chainlink is popular for its unique chain-like attribute that securely connects blockchain-based smart contracts with external data, APIs, by leveraging its groundbreaking Cross-Chain Interoperability Protocol (CCIP).

Since Chainlink’s Cross-Chain Interoperability Protocol was introduced, the cross-chain transactions across the blockchain sector reportedly  increased by 900%, while the cross-chain transfer volume increased by 4000% between 2023 ending and early 2024.

Interestingly, these developments surrounding  Chainlink’s protocol are among the factors driving  LINK value ahead of others. Despite starting on a bearish note in April, LINK has rallied incredibly, increasing by 53% from $12 to trade at a most recent price of $18.75. According to top analysts, as LINK has passed the $18 price mark, it will likely rally past $20 in the coming days.

CHZ Surges 36% after Announcing Partnership with South Korean Payment Giant Naver Pay

In May, 2024 Chiliz,  one of the leading cryptocurrencies for sports and entertainment  announced on CoinMarketCap’s community post,  its partnership with Naver Pay, a popular mobile payment service in South Korea. In response to this announcement,  CHZ soared over 36% as the price increased from $0.1193 to $0.146 within eight days.

According to experts, Chiliz’s strategic partnership with Naver Pay will likely generate positive media coverage for Chiliz. The increase in media coverage will, in turn, boost investor confidence and potentially draw new investors to CHZ. Experts also added that should  the partnership successfully attract new investors to Chiliz, then  the demand for CHZ  tokens increase as well as its price for days to come.

From Meme to Mainstream? Raboo Eyes Top 20 with Community Focus and 100x Promise

Raboo is the presale coin  that has been rallying with its 100x surge potential, as people keep getting enthusiastic about the meme sector. It is also the meme coin that keeps positioning itself as a token with the potential of being among the top 20 cryptocurrencies by market cap, and could likely contend with meme coin giants like Shiba Inu, Dogecoin, and Pepe.

Many experts in the industry have tipped Raboo (RABT) to become one of the best altcoins in 2024, as it aims to lead the meme sector into a new era by introducing a technology that fuses AI and Social-Fi elements.  In effort to achieve this, the platform plans to allow meme enthusiasts to monetize their social media content and also link them up with other  meme coin enthusiasts  with innovative mindsets, to build a vibrant community with a common goal.

The basis of Raboo’s ecosystem is in its native token, $RABT, which runs on the Ethereum ERC-20 network. Currently in stage 3 of its presale, the token is valued at $0.0042, a 40% increase from its starting presale price, $0.003. As per top analysts, anyone who acquires $RABT tokens now has positioned themselves for a potential growth in their respective investments, up to a 100-fold.

Conclusion

Chainlink’s increase in cross-chain transactions on its protocol, and Chiliz’s recent partnership with a South Korean payment giant both resulted in rapid increases in their respective prices.

Meanwhile, Raboo, capitalizing on the recent hype in the meme sector, has garnered much investor interest and recommendations from experts. By positioning itself with AI and Social-Fi technology,  to lead the meme coin revolution and potentially skyrocket by 100-fold, Raboo is poised to become one of the best altcoins of 2024.

You can participate in the Raboo presale here: Telegram, Twitter.

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.