While in its debut, Raboo’s presale coin (RABT) is already making its mark in the $62 billion meme sector by offering meme enthusiasts interesting opportunities within its ecosystem and in its ongoing presale that could yield the highest profits this year.
Contrarily, two top altcoins, namely Myro and Avalanche, seem not to be living up to expectations, leaving investors to doubt any of their bullish price predictions. Will Raboo continue to outperform Myro and Avalanche for the rest of 2024? Let’s find out.
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MYRO struggles to gain traction
The meme coin Myro got its inspiration from a dog owned by Solana co-founder, Raj Gokhale. Myro exemplifies a blend of community spirit and blockchain technology, which fosters a more inclusive atmosphere within the industry.
Although the platform is believed to have a strong foundation, Myro has not lived up to its hype in the market, as it has remained relatively unstable, causing investors to lose interest in the token. The price of Myro has fluctuated between $0.13 and $0.12 for the past two months.
AVAX plunges as large holders transfer millions to exchanges
Avalanche (AVAX) has been struggling with market pressure recently and, as a result, is plunging towards a critical support level of $23.34. One major reason crypto analysts think contributed to the decline in AVAX price is the activities of large-scale token holders in its ecosystem. For instance, a particular large-scale holder reportedly transferred 1.96 million AVAX to exchanges, including Coinbase, Binance, and Gate.io.
With such a substantial amount of AVAX tokens entering exchanges, the total supply of AVAX in the market is expected to rise, hence causing the price of AVAX to drop. Unsurprisingly, AVAX has already declined over 30% over the past month and is expected to drop further to the critical level, should the bearish pressure persist.
$0.0048 entry point: Raboo presale offers widespread participation and big rewards
Without considering the uncertainties and volatilities surrounding the cryptocurrency industry, Raboo is still striving as a standout performer, leaving top altcoins like Myro and Avalanche struggling to keep pace. Evident in its presale where it has surged 60% and raised over $1.8 million, Raboo continues displaying its uniqueness from other meme coins and also its potential to be among the top ten most profitable tokens this year.
Analysts leave investors with many compelling reasons to invest in Raboo, and one of them is its carefully crafted tokenomics which provides over 1.8 billion tokens to ensure widespread participation and engagement. Moreover the tokenomics allocates 17% for marketing, and the rest of the tokens designated for rewards, liquidity, team incentives, and burn events.
Investors willing to make gains while Raboo rallies can join the presale by buying the presale coin at just $0.0048. At such a modest price investors can position themselves to flip investments by multiple folds.
Conclusion
As the prices of Myro and Avalanche stagnate and decline respectively, the new meme coin Raboo keeps shining in its ongoing presale, having raised almost $2 million and delivered up to 60% ROI for early investors.
In the light of these developments, several crypto analysts believe Raboo’s carefully crafted tokenomics and low entry point could make it one of the most profitable presale coins this year.
You can participate in the Raboo presale here:
- Telegram: https://t.me/RabootokenPortal
- Twitter: https://twitter.com/Raboo_Official
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
