Raboo Takes the Lead in Meme Market, Surpassing Dog (Runes) and BOME
Photo: Raboo
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/Raboo/ – Meme coins used to be the butt of crypto jokes but today, they represent a respectable slice of the whole industry. This unprecedented growth was ushered in by the Dogecoin price action, clearing the path for projects like Dog (RUNES) and Book of Meme (BOME). It’s also the reason the Raboo crypto presale is attracting a sizeable influx of crypto investors.
Raboo is a newcomer in the meme crypto presale space. It has already raised over an impressive $1.6 million from investors and is growing at an accelerated pace. Experts believe $RABT could make a 100x gain in 2024, and any serious investors wouldn’t want to miss out on it.
Is Dog (RUNES) Still Going to the Moon?
RUNES is a unique meme token in that it was built on the Bitcoin blockchain, being a product of the latest Bitcoin halving. It was airdropped to holders of Runestone, and has support from the Bitcoin ordinals community.
Since Bitcoin and the Dogecoin price ballooned after they launched, RUNES’ main mission is to go to the moon. But recent developments suggest RUNES faces an uphill task.
For one, RUNES hardly outperformed its launch price of $0.004599 until a month after its debut. It appreciated handsomely at the end of May to hit close to $0.01 in early June. Since then, it has been on a downward trend.
RUNES currently sit at $0.007, posting a sizeable gain on the monthly scale. In the last 7 days, it shed 18% of its value and remains in the red on the daily chart.
BOME Experiment Tanks after a Blistering Start
Book of Meme terms itself an experimental project poised to “redefine Web3 culture by amalgamating memes, decentralized storage solutions, and degen shitcoin trading and investing”.
Launched in early March, BOME promises a decentralized social network app as well as tools to create crypto memes. However, there is little evidence to suggest that the crypto presale would fulfill its promises.
As a result, it’s no surprise that BOME had a sharp acceleration immediately after it launched. The Book of Meme more than quadrupled its launch price to hit a high of $0.02805 days after it was released.
Today, BOME trades for $0.01095, a far cry from that price range. Also, BOME is down 3.45% in the last month and 18% in the last week. This suggests the end might be near for this experiment, as investors move on to other crypto presale opportunities.
AI-powered Raboo Takes the Lead in the Meme Space
Raboo leverages memes, social integration and artificial intelligence to take its offering to the next level. According to Bloomberg, the generative AI market is expected to explode in the next decade. It is estimated to hit $1.3 trillion during this period, from a market size of just $40 billion in 2022.
This paints a rosy future for Raboo. It also speaks to its potential, which is all about creating a vibrant hub for crypto meme lovers. Here, $RABT holders are awarded with tokens and AI-minted NFTs for participating in community activities.
These mouthwatering benefits have attracted a host of investors, pushing the crypto presale to the top. Even more, $RABT has appreciated by 60% during the presale, and there are talks it would do a total of 233% increase before it ends. Experts predict an additional 100x gain when the token lists on exchanges.
The Crypto Presale for Savvy Investors
Meme coins are all the rage following the exemplary performance of the Dogecoin price over the years. Investors used to look to RUNES and BOME for gains but today, they’re getting onboard the Raboo train. It’s currently in presale Stage 4 at $0.0048 per token, and promises early investors gains in excess of 100x.
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