Bitcoin Failed To Join The Meme Coin Craze, Is XMR In Trouble? Raboos Presale Surpasses $1.2m
The post Bitcoin Failed To Join The Meme Coin Craze, Is XMR In Trouble? Raboos Presale Surpasses $1.2m appeared first on Coinpedia Fintech News
Bitcoin is on an underwhelming run since minting new all-time highs in March. The price of Bitcoin is floundering around the $64,000 range, bottoming out at $57,000 at the beginning of May. Bitcoin has been left behind by the meme coin craze. XMR, meanwhile, has never been the same since being delisted on every major exchange.
This has led investors to join the meme coin gold rush. A growing number are taking out early positions in exciting new meme coin/AI crypto Raboo. Entering stage 3 of its presale, learn why smart money is betting on this hot meme coin in 2024.
Bitcoin starting to look like a $64K “stablecoin”?
Bitcoin printed a new all-time high of $73,750 back in March as speculation surrounded the halving in April. However, it seems as though the price of Bitcoin has stagnated after the halving, leading some sectors to call it a $64,000 “stablecoin.” Worse, Bitcoin has been losing mindshare to the meme coin mania, with the majority of retail investors betting on meme coins to turn in big gains. With the price of Bitcoin firmly within the $64K range, they appear to be doing the right thing.
XMR not expected to retest anywhere its historic all-time highs
The delisting of XMR from major exchanges has caused major capital outflows and blunted once-gaudy price predictions for the leading privacy coin. Due to a lack of liquidity, XMR prices fail to pump, and due to its delisting, XMR can’t draw liquidity. The lack of liquidity leads to a lack of interest from retail or institutional investors, with only a select niche of online merchants actually accepting XMR. Those who do simply dump the token for fiat or their desired cryptocurrencies. XMR is only relevant to a small niche of users and merchants who don’t actually hold it for any speculative value.
AI/SocialFi meme coin Raboo presale drawing major capital inflows
Meme coin mania is on the menu in May—and the hottest meme coin hasn’t even launched yet, much less peaked. Raboo is a unique blend of meme coin pumpability and cutting-edge AI technology. It has already raised over $1.2 million in Stage 3 of its presale and is tipped by analysts as the next 100x meme coin waiting to be discovered. Currently, $RABT tokens are available at just $0.0042. The Raboo presale is an ideal opportunity to get in on an easy 233x (pre-programmed) price increase until its final launch price — and then to parabolic heights thereafter!
Raboo isn’t just another Dogecoin ripoff. It rewards holders who create and distribute memes with its AI meme generator, pioneering a unique SocialFi and post-to-earn architecture that’s sure to delight. Moreover, Raboo features a robust ecosystem with NFTs and exclusive merch, giving it real staying power even after the hype has gone. It’s a self-sustaining ecosystem on the verge of breaking out.
Conclusion
Bitcoin and XMR’s windows to generate parabolic gains are over. If you’re looking to make serious gains, it’s time to buy into the meme coin craze. Raboo takes the cake for the top meme coin investment opportunity of 2024.
Participate in the Raboo presale here
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
