DOGE and SHIB started September on a bad note. So, those looking for a hot new meme coin have already spotted the new rising star, Raboo ($RABT).
With both DOGE and SHIB marking some considerable losses, many investors are on the hunt for the next big thing, and Raboo seems to be ticking all the right boxes. Mixing Web2 and Web3 tech to build a meme-powered world, Raboo is grabbing attention with its AI-driven platform and cool features like Post-to-Earn.
Could this be the next meme coin to 100x?
Dogecoin starts September with bears at the helm
Elon Musk just won a lawsuit that accused him of hyping Dogecoin’s price by over 36,000% with his tweets, only to let it crash later. But despite this, DOGE isn’t catching a break.
Over the past month, its price has dropped by about 7%, and it’s been pretty flat for the last two weeks. Now trading below the crucial $0.1 mark, it’s definitely raising some eyebrows.
If you look at the charts, Dogecoin has been steadily sliding downhill for months, leaving many investors nervous. Without some major positive news or support, things aren’t looking too promising for DOGE right now.
SHIB investors are feeling the heat, too
Shiba Inu isn’t faring much better, taking a hit similar to Dogecoin’s price. SHIB has dropped by 1.5% in the past week and is down 6.1% over the last month.
Still, there’s a silver lining—big players seem to be doubling down, with the top SHIB holders now controlling over 60% of the total supply, showing that large investors still have faith in its potential.
But, besides that, the bigger picture isn’t great. On-chain data shows SHIB’s adoption has pretty much stalled, with fewer new addresses joining daily. The coin’s growth is slowing, and that could spell more trouble ahead. While major holders stay optimistic, the broader market isn’t showing much faith in SHIB’s future right now.
Raboo, the hot new meme coin SHIB and DOGE fans bet on
Raboo is a hot new meme coin with huge potential, especially for SHIB and DOGE fans looking for their next big win. Raboo has now entered its 5th presale stage, with its price already jumping 90% to $0.0057, raising over $2.4 million..
The real magic behind Raboo is its AI-powered tool called Rabooscan. This smart tech hunts down the most meme-worthy content online and turns it into memes. The team behind Raboo has already completed the early stages of building Rabooscan, such as collecting and organizing data. Next up is developing the AI model itself, which has everyone excited for what’s to come.
Because of these features, analysts predict that Raboo could skyrocket 100x once it hits exchanges. With all this buzz and innovation, Raboo is quickly becoming the next big thing in the crypto world, and investors are ready to bet big on its future.
Summary
Many are betting that Raboo could be the one to bring the meme coin market back to life. With its launch around the corner, all eyes are on Raboo as it prepares to make its debut and potentially 100x.