Meme coins are often seen as a crypto conundrum. Often offering very little inherent value, their popularity remains undimmed as the sector has exploded to a $60 billion valuation. While the Bonk price soared 80% within a month, Shiba Inu price predictions have also taken off.
Meanwhile, a newcomer, Raboo, is entering the market with plans to shake things up on its way to becoming a top-20 crypto by market cap. Having just launched its presale at just $0.003, and with forecasts of 233% returns during the ICO, here’s why Raboo could fast challenge the status quo.
Bonk price keeps soaring and setting the pace
Bonk became the first Solana-launched meme coin in April 2023 and quickly made a name for itself as one of the new generation of meme coins to take flight fast. The Bonk price was boosted on release after airdropping 50% of its initial token supply to Solana NFT collectors, mainnet developers, and crypto artists.
After a period of settling down, the Bonk price recently went parabolic once again in response to the heating up of the meme coin sector. With 80% growth in the past month and a 4000% increase in its launch price, analysts expect the Bonk price to continue to grow after the imminent Bitcoin halving.
Raboo: Meme coin newcomer with grand designs
Raboo is a game-changer in the meme coin sector with its new offering that combines SocialFi rewards with cutting-edge AI technology. It’s already being touted as one of the most vibrant and fast-growing Web3 communities thanks to its alluring value proposition that’s attracting meme enthusiasts in their thousands.
Its pioneering Post-to-Earn mechanism is among the exciting features offered by this crypto innovator. As users create their own memes, they can earn income by competing against other creators and by sharing their content online.
In addition, Raboo’s tokenomics are designed to push it towards success. With a total supply of 1.8 billion coins, the RABT token is expected to return 233% gains during the presale alone, before potentially driving 100x returns on launch day! This disruptive newcomer could blow the Shiba Inu price prediction out of the water.
Shiba Inu price prediction: Profits all round in 2024
Shiba Inu, one of the first generation of meme coins, has shaken off the challenge of dozens of pretenders to remain second in the meme coin rankings. In recent weeks, Shiba Inu’s steady gains have become supersonic profits with analysts continually revising their Shiba Inu price predictions upwards to keep pace.
Seen by many as the standard bearer of community engagement with the SHIB Army behind it, Shiba Inu’s jet-fuelled price predictions are illustrative of the bullish sentiment surrounding it, and meme coins in general right now. As the Bonk price sets the current standard, Shiba Inu remains stronger than ever.
Conclusion
Although the Bonk price soared 80% in just one month and Shiba Inu price predictions took off, Raboo stands out as a game-changer in the meme coin sector. Priced at just $0.003 in the presale, and with forecasts of 233% returns during the ICO, Raboo is set to leave its competitors in the dust.