Regardless of the uncertainty surrounding the cryptocurrency market, the new presale coin called Raboo ($RABT) has continued to establish itself with its exceptional presale performance and unrivaled growth potential. Unfortunately, the same cannot be said for the top names like XRP and Ondo, as they continue to falter amid the broader market downward pressure.
With the demand for $RABT tokens now increasing significantly among investors, experts now tip the meme coin to skyrocket by 100-fold, making it one of the best altcoins to buy in 2024.
Contents
- 1 Ripple’s XRP faces downtrend amid legal battles, introduces fund to boost adoption
- 2 Booming DeFi adoption of Ondo protocol fails to boost ONDO token prices
- 3 Raboo’s presale dominates 2024, progressing quickly to Stage 4 at $0.0048 per token
- 4 Conclusion
- 5 You can participate in the Raboo presale here:
Ripple’s XRP faces downtrend amid legal battles, introduces fund to boost adoption
As Ripple battles legal challenges, its token, XRP has continued to trend downwards, leaving investors with doubt regarding its bullish potential. This downtrend resulted in a 14.4% decline in XRP’s price from $0.549 to $0.475 between May 21 to June 11.
In an effort to recover from these bearish conditions and enhance the adoption of its technology, Ripple introduced XRP Ledger Japan and Korea Fund. This fund aims to provide a platform for various initiatives like corporate partnerships, developer subsidies, startup investments, and community engagement to function. However, according to experts, it is not certain whether the Fund will spark an uptrend in XRP’s value.
Booming DeFi adoption of Ondo protocol fails to boost ONDO token prices
Ondo has witnessed impressive growth in the adoption of its protocol recently, as indicated by its Total Value Locked (TVL). TVL, which is the metric used to measure the USD value of tokens locked or staked on a blockchain network, is currently on the rise for Ondo as its TVL surged by 43% between May 1 and June 6.
Although the surge in Ondo’s TVL indicates growing interest, market confidence, and increased activity, Ondo tokens still remain bearish with the price declining by 13.9% from $1.38 to its current price of $1.2 over the past seven days. As a result of this decline, Ondo investors have begun searching for alternatives as they now see Ondo as not too appealing to invest in currently.
Raboo’s presale dominates 2024, progressing quickly to Stage 4 at $0.0048 per token
Raboo ($RABT) is an excellent presale token that has gained a lot of traction in the crypto industry due to its groundbreaking technology poised to usher the meme enthusiasts into a new world of memes where only quality memes thrive.
In its presale, Raboo has progressed quickly from Stage 1 to stage 4, now selling at $0.0048 per token, making it one of the most fastt-selling presale tokens in 2024. As a presale coin focused on creating value for its community, Raboo aims to introduce a groundbreaking burn event which will help reduce the overall supply of $RABT, and potentially cause its value to appreciate.
However, the most intriguing thing about Raboo is its plan to list $RABT tokens on major exchanges so that its community can take an active role in the project’s growth and development. With this level of decentralization, Raboo is poised to become one of the most sought-out out cryptocurrency in the industry
Conclusion
As the broader market faces uncertainty with XRP embroiled in legal battles and Ondo’s token price declining despite surging DeFi adoption, the innovative token Raboo has emerged as a standout performer, with community focused technology
Due to its revolutionary AI technology focused on transforming the meme sector and presale success, many investors now believe that Raboo’s 10,000% growth prediction after launch is likely going to happen, cementing its place as one of the best altcoins to buy in 2024.
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.
