There’s some tension around Solana (SOL) and Pepe Coin (PEPE) already, as both tokens turned south in the space of a week. Solana lost investors due to Ethereum’s spike, while PEPE had a more shocking decline over the weekend. However, all hope is not lost. We have Raboo ($RABT), a meme project bringing AI functionalities into the meme sector.
Its profits are just as fun as the prospects and $RABT investors are already at 60% profits from the presale. Hang around for more on that.
The blockchain battle has been growing hotter throughout the year, as Ethereum, Solana, Ripple, and Cardano experienced significant growth in the past few months. Now that Ethereum’s network is trending, the other blockchains are down, and Solana seems to be getting the worst of it.
The trading volume on Solana was the first metric to decline, as crypto buyers moved over to Ethereum as soon as ETF rumours started flying. Before long, SOL bulls left to profit from the ETH news, and Solana’s price lost its charge on the $190 resistance mark. There has been some surge in the trading volume lately, thanks to meme coins on Solana’s network, but Solana’s price is still neutral to the trend.
Now, two things can come out of Solana’s trading this week, according to Coinpedia. The bulls can hold off the bears long enough to see the price climb over $170 into another bullish trend. The alternative is the bears winning the struggle, and that could send Solana’s price back to support levels at $150.
Shockingly, a meme coin has been the most consistent token in the bull run this year. Since Bitcoin’s halving, Pepe Coin has been an entirely different token, hitting week-on-week gains to record over 100% gains throughout May.
However, the fluctuations have finally caught up with the meme coin, and that’s even with other meme coins spiking. Floki Inu is up by 15% in the past 24 hours, while PEPE battles its 9% weekly loss. From a token many traders expected a lot from, Pepe Coin is, once again, disappointing crypto traders.
One could say all that was coming, though. With very little in the way of plans and prospects, PEPE simply rides on the wave of social media speculation to make such price movements. Bitcoin’s halving presented a huge opportunity for PEPE to trend upwards, and the meme coin rode it for as long as it could.
Will PEPE decline in June? Nothing’s certain yet, but we have a meme coin that couldn’t be more unlike PEPE.
Welcome to Raboo!
Meme coins are the main entertainment coins in the crypto market, as their memes keep traders in good cheer after the pressure of staring at market charts. At least, that’s the responsibility of a typical meme token.
Raboo has noticed a lull in that aspect of the meme-verse, as many tokens simply launch with unrealistic ROIs and fade away soon after. The Raboo project can’t stand that, and its plan is to change the meme tide while swallowing up meme ecosystems that cannot keep up with the trend.
What is the trend? Raboo will be launching only fresh, new, high-grade memes using the advanced technology of Artificial intelligence. There are too many tacky memes in the crypto-verse, and Raboo’s first point of call is to purge them all.
The big guys in the meme sector aren’t going to like Raboo very much. Pepe Coin, Dogecoin, and Shiba Inu are in for quite the battle, and the new $RABT token is tipped to come out on top.
While there’s a war going on, Raboo’s users won’t be left unattended. There are plans for constant profits, and they all start from the presale.
Joining now is crucial, as investors are throwing their weight behind Raboo for profits. The presale is in Stage 4; each token sells for $0.0048, a 60% increase from the Stage 1 price of $0.003.
You can participate in the Raboo presale here
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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