Dogecoin and Shiba Inu were once the talk of the crypto town back in 2021, when both dog-themed meme coins surged to high heavens as they surpassed eye-watering all-time highs. That made millionaires out of early investors who bought into both meme coins’ ICO or well before their zenith. In 2024, however, DOGE and SHIB aren’t expected to recreate their godlike 2021 charts.
However, one hot new meme coin is definitely in contention to do so. Raboo, currently in its ICO phase, has emerged as a potential 100x opportunity with its blend of meme coin appeal and bent towards AI and SocialFi. Learn why the smart money is betting on the Raboo ICO in 2024.
Dogecoin fails to build on March gains
Dogecoin made headlines in March after surpassing a yearly high of $0.22, leading to hopes that the dog-themed meme coin based on the “doge” meme could take another stab at breaching its all-time high of $0.73. However, the Dogecoin rally sputtered out in April, currently trading at $0.16 which is currently up 5% in the past week. While Dogecoin remains up by 99% on a year-on-year basis, the prospect of Dogecoin breaking new all-time highs in the next cycle is growing dimmer and dimmer thanks to its insanely huge market capitalization and infinite token supply.
Shiba Inu follows similar trajectory to Dogecoin in 2024
Shiba Inu was a hot new meme coin back in 2021 which rode the coattails of Dogecoin’s success to even greater heights. However, the year is now 2024; and, like Dogecoin, Shiba Inu is NOT expected to recreate its 2021 chart, nor surpass its all-time high in this next cycle. At most, Shiba Inu could be expected to retest its 2021 all-time highs, given the fact that it is already losing ground to newer, shinier memes that will dominate the 2025 bull cycle. Shiba Inu remains a distant second to Dogecoin, trading at $0.000026 as of press time.
Raboo: THE hot new meme coin ICO of 2024
Presales pose some of the best investment opportunities ahead of the next bull cycle, enabling intrepid investors to maximize their capital and generate potentially outsized gains. If you’ve missed out on Dogecoin and Shiba Inu, you just might have a shot at creating the same gains with Raboo and its highly-awaited ICO of 2024.
Raboo combines the captivating appeal of meme coin vitality with equal parts of AI-enabled utility and a touch of SocialFi elements. This allows Raboo holders to earn RABT tokens by creating memes and distributing them on social media and other internet platforms. In essence, Raboo rewards dedicated members for their efforts in building the community and increasing its engagement, which ultimately contribute to RABT tokens skyrocketing in price. Not surprisingly, industry analysts are bullish about Raboo’s prospects, predicting upwards of a 100x gain in the next couple of years.
Conclusion
Dogecoin and Shiba Inu are yesterday’s news; Raboo has yet to scratch the surface of its vast potential. Investors looking for the elusive 100x gain will have a good shot by joining its ICO. Don’t miss out on this hot new meme coin.