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Reading: Ethereum Holders Cash Out for Raboo’s ROI, Leaving DOGS Struggling to Keep Up!
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COINTURK NEWS > Sponsored Article > Ethereum Holders Cash Out for Raboo’s ROI, Leaving DOGS Struggling to Keep Up!
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Ethereum Holders Cash Out for Raboo’s ROI, Leaving DOGS Struggling to Keep Up!

Ömer Ergin
Ömer Ergin 2 years ago
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The year 2024 saw the big tokens – Bitcoin $78,121 and Ethereum $2,302 – gain approval for associated ETFs, giving the crypto market a temporary jolt before a market-wide downturn hit. The crumbling ETH price left holders reeling with a disheartening 36% 3-month loss, with the newly launched DOGS meme coin tumbling 35% in 30 days.

Contents
ETH price bleeds red for 3 consecutive monthsDOGS follows ETH price footsteps with a small ROIRaboo (RABT) is set for a 233% ROI presaleConclusions

However, during the same timeframe, the new AI meme coin $RABT shot up 90%! The AI-backed meme platform has won the hearts of meme enthusiasts and investors with a unique MemeFi approach. Its SocialFi model enables users to monetize meme content to earn token rewards.

Analysts forecast that $RABT could return a staggering 10,000% upon launch, leaving ETH price and DOGS in the dust.

ETH price bleeds red for 3 consecutive months

Ethereum leads the altcoin market share with a $43.5BN TVL. That’s more than half of the $75.5 TVL of all chains.

Despite its dominance and popularity, the ETH price has posted uninspiring price action for months.  Ethereum lost its market footing in June, bleeding red across three months.

After dropping below $2.4K in August, ETH has faced roadblocks three times in the $2.7K-$2.8K zone, sending it down to the $2.2K region by September 9th.

Per Binance data, ETH has tumbled over 11% in the past month, pushing its 90-day losses past 36%. The prolonged red streak has left Ethereum investors sitting on a meager 46% annual ROI.

Frustrated bagholders are closing out their ETH positions to bet on the new SocialFi meme coin, Raboo, for a better return.

DOGS follows ETH price footsteps with a small ROI

DOGS is the latest meme coin setting The Open Network (TON) ecosystem on fire with dynamic, community-driven player initiatives. With deep roots in the Telegram community, everyone thought DOGS would go to the moon on launch, but it didn’t.

DOGS launched at $0.00054. After an approximate 100% rally, it faced a crippling selloff at $0.0016. That’s around a 3.3x return, small potatoes for the hyped dog meme coin.

The selloff pushed DOGS down 37% from its ATH. It crumbled to consolidate losses to a price of $0.0010 by September 9th as investors shifted attention to presale meme coins like $RABT for a better chance of a 100x ROI.

Raboo (RABT) is set for a 233% ROI presale

The Raboo ($RABT) presale is drawing significant attention from meme enthusiasts and crypto whales. In stage 5, the ICO has amassed over $2.4 million, sending its price 90% up from the introductory price of $0.003 to hit its current price of $0.0057. That’s nearly a 2x return for first buyers!

Analysts project a 233% increase in its presale alone and a staggering 100x on launch, meaning the Raboo party and profits are far from over.

Raboo features a MemeFi model that will enable meme enthusiasts to monetize their meme content. Users can engage in exciting meme generating activities to earn rewards through the platform’s Post-to-Earn feature.

Regular challenges, giveaways, and NFT launches are also on the cards,  providing token holders more opportunities to earn extra rewards and prizes.

Conclusions

ETH price continues to dash investor hopes, while the DOGS has refused to go to the moon. Raboo is positioning itself within the meme market in such a way that analysts believe it will return a staggering ROI past 100x on launch. So what are you waiting for?

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal 

Twitter: https://twitter.com/Raboo_Official

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 13 September, 2024 - 9:17 am 12 September, 2024 - 10:35 am
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