TRON, WIF, Raboo: A Look into Three Major Players within the Crypto Market

Tron experienced a major surge which has put smiles on its investors. While WIF seems to be losing control to the bears according to the daily chart.

Three major crypto players, TRON, WIF and Raboo, have been making waves in the market recently. Here's a closer look at their performance and what lies ahead.

TRON's massive surge puts smiles on investors

With 6.8 million transactions in the last day, the Tron Network has now surpassed 8.1 billion in transactions, setting a new record. Tron has also experienced a massive surge in the last day. It is now trading at $0.1356 with the bulls in control.

The network also noted 7.5 billion transactions at the start of the year. Notably, the on-chain activity increased dramatically during the last month, peaking at 8 billion in mid-July. As of July 23, there were 2.5 million active accounts on the Tron Network.

Over the last 30 days, Tron's network activity has increased and the number of daily active addresses on the Tron blockchain network has been relatively high in July, thanks to the 30 days of record-breaking growth in daily transactions on the Tron network. Tron is also continuing to perform well in the DeFi space, with its Total Value Locked (TVL) trending upwards.

WIF volatility causes holders to tread with caution

With a daily trading volume of over $400 million, WIF is now trading at $2.39. However, the token has decreased by 8% in the last day.

Taking a closer look at the daily chart of the WIF, there is a consolidation period evident in the price as it is trading close to the middle Bollinger Band that is wide, indicating a volatile market. Furthermore, the price is still above the 100-day and 50-day Exponential Moving Averages, suggesting that bullish momentum may be building.

The WIF price has found support at $2.296, which is the 50% Fibonacci retracement level. A move above the 61.8% mark could indicate a rise towards the 78.6% level. This could lead to a retest of the previous high, which was at $4.870.

The Convergence of the Moving Average shows bullish momentum as the divergence line is in the positive territory. Moreover, the positive histogram supports the bullish view. However, the close proximity of the signal line to the MACD line indicates cautious momentum.

Raboo provides opportunities to earn before launch

Raboo aims to unite the global community of meme coin enthusiasts and lovers by offering a platform for communication and an opportunity to earn as they engage with the community. Raboo is set to take center stage in the meme coin ecosystem. It is skillfully designed with state-of-the-art technology and is aiming to become the biggest AI-powered meme coin in 2024.

The objective of the AI meme coin is to enable token holders to participate in fun, meme-generated activities to win prizes. It achieves these fun activities by creating a strong community of meme lovers by integrating Social Fi and AI elements. Those interested in crypto can join Raboo, a community-driven project that has received positive feedback from analysts and professionals.

Many cryptocurrency professionals and enthusiasts have commented on Raboo, and all they've had to say about it is good things because of the amazing work the Raboo team has done in presenting a valuable and reliable concept. Raboo currently has over 10,400 registered users, over 3,000 token holders, and has raised over $2 million during its presale phase to date. Its presale is currently in Phase 4 and is selling for $0.0048, which is 60% up from its initial price of $0.003 in Phase 1.

Conclusion

A new AI meme coin, Raboo, is catching the attention of investors. While TRON is currently trading bullish, investors are unsure when things will change. On the other hand, WIF is currently in the hands of bears with hopes that it recovers soon. There is no better opportunity with Raboo, which is set to increase 233% during presale and 100% on launch day.

You can participate in the Raboo presale here.

Disclaimer: This is a sponsored press release. Please do your own research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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