The altcoin rally has begun, and top altcoins like Ripple (XRP) and Celestia (TIA) are leading the charge with impressive surges and renewed interest from investors. However, Raboo, the revolutionary presale token that has been disrupting the meme coin space, has stolen the spotlight again with its recently announced flash sale, where there will be an increase in stage bonus from 10% to 20%. Let’s learn more about these exciting rallying altcoins.
Santiment data confirms XRP upward trend as investor bet big
XRP has been trending upwards since July began, with price currently tracked by CoinMarketCap at $0.60 as of time of writing, which is an approximate 24.67% increase from last month. Interestingly, many believe that XRP’s current uptrend will continue for a while and the validity of this sentiment has been confirmed by different blockchain analytics platforms like Santiment.
Recent data from Santiment shows that larger investors have been accumulating XRP tokens. Specifically, addresses holding between 100,000 and 10 million XRP have bought 130 million more XRP since June. This suggests that large-scale investors are anticipating a potential increase in XRP’s price in the future.
Celestia (TIA) continues upward trajectory, price expected to hit $8.09
Just like the price of many other top altcoins, the price of Celestia (TIA) is showing a strong upward trend on the charts. Over the past week, TIA has appreciated by 7.24% to trade at a current price of $6.97, and many technical indicators are showing signs that TIA is not ready to halt its upward momentum anytime soon.
For instance, the Chaikin Money Flow (CMF) for TIA reads 0.07 as of recent, which is above the zero line. While CMF measures the flow of money in and out of an asset, a positive CMF value for TIA means there is positive money flow into the market for the token- indicating buyers are driving the price higher. Should TIA’s upward momentum persist, experts believe its price is expected to reach $8.09 per token in weeks
Meme Coin Raboo offers double rewards with its innovative approach to social media monetization
Raboo’s new offering to double its automatic stage bonus from 10% to 20% is one of the features making it more appealing than many other cryptocurrencies this July. However, this is just one of the several features investors who buy $RABT tokens get to enjoy.
Another notable feature that keeps Raboo in the spotlight as one of the best crypto assets is its approach to social media monetization. With this feature, Raboo empowers its community to earn rewards for participating in activities like creating, sharing and interacting with memes. The Social Fi model has really helped the platform a lot in fostering a thriving, self-sustaining ecosystem where the community plays a vital role in shaping its growth.
Raboo is currently in Stage 4 of its ongoing token presale, selling $RABT at $0.0048. The presale is designed for the $RABT token to increase in value at each presale level so investors who join can expect attractive yields in the upcoming stages. After the token presale ends, the team behind the platform will secure prominent exchange listings, as they recognize that widespread accessibility is key to driving the adoption of Raboo and its liquidity.
Conclusion
While XRP and TIA exhibit strong upward trends amid the altcoin rally, Raboo having cemented its place as one of the best crypto assets has also managed to steal the spotlight with its innovative Social Fi model and recently added 20% stage bonus.
Raboo’s ability to engage and empower its community through revenue-sharing has also made it a highly desirable asset, and its ongoing presale offers attractive investment opportunities for those looking to capitalize on the altcoin rally and invest in one of the best altcoins to buy in 2024.