Raboo (RABT): The AI Meme Coin Taking the Crypto Market by Storm

Polkadot (DOT) and Stellar (XLM) have been struggling at a low ebb for a while now. Major declines in user activity have stunted the coins’ growth, and as usual, the investors are exploring other options.

Cryptocurrency has had an interesting 2024 so far, and as the bull run continues, some coins have had a hard time keeping up with the major trends. Polkadot (DOT) and Stellar (XLM) have been two such coins, and their recent performance has left a lot to be desired.

As a result, investors have been looking at other options to add to their portfolios and boost their earnings. In particular, a new AI meme coin has taken the market by storm, offering a unique and potentially lucrative way to generate income.

Keep reading to learn more about DOT, XLM, and the AI meme coin that's quickly becoming the new market favorite.

DOT user activity hits new lows, holders look for alternatives

Back in May and June 2024, several analysts predicted a bullish trend for DOT in July, suggesting that the coin was set for a strong rally. However, the reality has been quite different, with DOT suffering a 7.31% decline in the last seven days, prompting analysts to predict a bearish period for the DOT price.

Active addresses on Polkadot's relay chains and parachains have seen significant lows, following a massive drop in the network's activity in June 2024. According to crypto analysts, this downturn could lead to even lower prices for DOT, as indicated by its Relative Strength Index (RSI) at 42.88. The steep decline experienced in June has continued to impact the coin's performance in late July.

Despite Polkadot's partnerships with Web 3 Foundation, Heroic esports, and Polimec funding protocols, many DOT holders may be feeling the need for additional gains to offset recent losses. As a new meme coin emerges, promising to lead the SocialFi crypto market, investors may be considering a shift towards the market's new favorite.

Stellar's bear run continues, leaving holders searching for options

Throughout 2024, XLM has largely underperformed in the bull run. Earlier this month, the coin experienced a brief surge in price, driving it to its strong resistance at $1.60. According to several analysts, this signaled the beginning of a range-bound price action for XLM. However, this surge was short-lived.

Over the last 30 days, XLM has had 18/30 green days and 7.97% price volatility. Predictions indicate that the XLM price is expected to decrease by 0.23%. The coin's Relative Strength Index at 35.44 suggests that more XLM is being sold than accumulated in the market, indicating that the XLM bear season is far from over.

Currently priced at $0.1019, Stellar holders may be exploring other opportunities to boost their crypto portfolio. With the new AI meme coin crossing $2 million in presale volume and offering high-profit use cases, XLM holders might have found their answer.

Raboo: An AI meme coin for SocialFi

Raboo is an AI meme coin that combines the power of generative AI, the meme coin craze, and content creation to generate wealth for its investors. With over $2 million raised, Raboo's presale is becoming a favorite among investors looking to rapidly grow their portfolio.

There are over 200 million content creators in the world today, and the global content market is set to reach $38.2 billion by 2030. Rabooscan, Raboo's generative AI, is the project's boldest initiative as it leverages the ongoing content creation craze to generate wealth for its users.

Rabooscan scours social media for meme-worthy content created by its users and pools this content to create high-quality memes. In turn, users whose content is selected by Rabooscan get $RABT tokens.

Join Raboo to create wealth from SocialFi

With $2 million already raised in presales, it's not hard to imagine the heights that Raboo is poised to reach once it launches. Several analysts have already projected that the Raboo token price will increase by 233% at launch, with a 100% uptrend also predicted after the token lists on major exchanges.

Are you looking to make a big break in the second half of 2024? The $RABT token promises a presale 233% price uptrend and 100% ROI after the coin is listed on major exchanges. Investors are lining up to max out these benefits and are fast joining the Raboo presale.

You can participate in the Raboo presale here.

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.

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