Floki and Bonk could be affected by Raboo’s market entry
Release: 2024/05/22 00:39 Reading: 681
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FLOKI and BONK are strong contenders in the memecoin space, but the new AI-powered Raboo presale token is poised to outperform them.
FLOKI and BONK: Making Their Mark
FLOKI and BONK have been making their mark as contenders in the meme sector. However, Raboo (RABT), a new presale token powered by Artificial Intelligence, has emerged with the potential to outperform them.
Will Raboo be able to disrupt the competition in the meme sector, diverting investors’ attention from other meme tokens to its ongoing presale and emerge as a promising altcoin to invest in this year? Let’s find out.
Floki: Upward Trend Fueled by Token Burn
FLOKI is an altcoin that has been striving to secure the top spot in the meme market with various developments within its ecosystem. Recently, the cryptocurrency revealed through its official Twitter account that its community has agreed to carry out a token burn in the coming days. Over 15 billion FLOKI tokens will be destroyed.
FLOKI’s price has been trending upwards with over 15% growth since last week after the approval of the token burn. This is because investors expect the token burn to create a scarcity of FLOKI tokens, eventually boosting their value. Interestingly, top analysts also believe that FLOKI’s current uptrend will persist, potentially reaching $0.00005 in 2024.
Bonk: Booms After Korean Exchange Listing
BONK is also one of the altcoins built on Solana that have maintained a positive outlook by getting listed on various cryptocurrency exchange platforms. In May, the token was listed on Bithumb, the second-largest cryptocurrency exchange in South Korea.
BONK’s listing on Bithumb implies that the exchange will allow BONK to be traded on the Korean Won market, potentially boosting the token’s visibility and attracting new investors.
As expected, BONK is experiencing an uptrend due to this listing, with over a 23% increase within a few days. According to experts, there are still chances for further growth, with the token potentially reaching $0.0000216 in 2024.
Raboo: Upstages Floki, Bonk with Social-fi & AI Features
Raboo is a new DeFi coin that aims to disrupt the meme sector and is already enticing both FLOKI and BONK investors towards its ongoing presale, which is currently in stage 3.
Having been regarded as one of the best cryptocurrencies to buy this year by several crypto analysts, this token has captured the attention of many crypto enthusiasts who are confident in its potential to skyrocket by about 233% in its presale and increase by 100-fold after launch.
Investors now view Raboo as an attractive option over FLOKI and BONK due to the platform’s integration with Social-fi and Artificial intelligence. Raboo also has a strong focus on engaging its community through competitions that allow token holders to earn rewards for their creative skills with AI.
Moreover, the token follows an interesting roadmap that includes the launch of intriguing NFTs and Decentralized Exchanges (DEXes) to expand globally and reach a larger audience.
Raboo has allocated 1.134 billion RABT presale tokens, with each token initially sold at a starting price of $0.003. However, the token’s presale has progressed to stage 3 due to an increase in demand making it a promising cryptocurrency to buy and is currently selling at $0.0042. The value of RABT is expected to keep rising as it progresses in its presale up to its launching stage.
Conclusion
Despite FLOKI’s 15% price increase after announcing a token burn and BONK’s listing on Bithumb, which sparked a 23% growth, experts still believe Raboo shows promise as a good altcoin investment option for this year. With predictions that RABT could yield up to 100 folds when launched, investors who join the presale by following top-rated crypto buying guides stand a chance to acquire gains in cryptocurrency this year.
For more information about Raboo, visit the presale website or join the community on Telegram and Twitter.
Read more: BTC, ETH rise ahead of halving; Raboo emerges as a promising newcomer
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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