Investors will not be impressed by Bitcoin price predictions this month, as many altcoins are already giving up their weekly and monthly gains. Shiba Inu (SHIB) and JasmyCoin holders are panicking. Both coins are almost 100% down from their ATH, leaving investors desperate for a replacement.
One presale token many analysts have fingered as a great alternative is Raboo ($RABT). With a presale that has attracted over 10,400 registered users, Raboo is the new token that could shake up the crypto market.
Presale buyers could see at least a 233% ROI on their $RABT holdings when Raboo launches, helping investors recover what they have lost from other altcoins.
SHIB continues to fall as holders offload their bags
Despite its promising performance earlier this year, Shiba Inu investors are now selling off their tokens. No thanks to SHIB’s continued downtrend. The SHIB price is down 8.58% from last week, and the dip could continue if the bears continue to have a field day.
Shiba Inu’s current ATH of $0.00008842 was set as far back as October 2021. Since then, the dog-themed meme coin has struggled to get anywhere within range of that mark. And although SHIB surged almost 90% earlier this year, it doesn’t look like a good investment now as it continues to struggle to stay afloat.
Analysts say if Shiba Inu continues to fall, investors could see the price reaching $0.000007 by the end of August. If this happens, then existing SHIB holders would lose 50% more of their holding, further erasing any gains they have made this year. With such a gloomy outlook, it’s easy to see why many SHIB investors are running to Raboo instead.
JASMY price weakens as bears continue to reign
JASMY hasn’t been able to get anywhere near its February 2021 highs as the bears continue to ravage the coin. JASMY’s price action has almost flatlined in the last three years with no bullish momentum in sight.
JASMY peaked at $4.99 in early 2021 and has lost 99.4% of its value to trade at a pitiful $0.02643 today. JasmyCoin’s weekly chart still looks bearish, and the JASMY price may continue to decline if it cannot break the $0.033 level. In fact, the coin could hit $0.02 in a matter of days.
With no silver lining in the JASMY cloud, holders are beginning to feel they might have held on to this cryptocurrency for too long and are now ready to trade for Raboo to recover their losses.
Raboo: Presale token to exploit $62 billion market
Many investors know buying into good presales could be very profitable, so they are bagging as many $RABT tokens as possible to boost their portfolios. Raboo’s prospect is quite exciting, as the project blends AI, SocialFi, and meme culture into one.
Raboo adequately positions itself in the $62 billion meme market by offering a unique and novel utility and impressive tokenomics. The highlight of Raboo’s features is Rabooscan, a tool that helps Raboo users generate and profit from their own memes using a database of internet-worthy memes.
This presale token presents a thrilling opportunity for investors to be part of a community-driven project rooted in meme culture. By connecting meme enthusiasts worldwide, Raboo stands out from every other cryptocurrency on the market. It is the perfect pick for any investor looking to grow their portfolio in 2024.
Extra 10% on Raboo presale
While Bitcoin price predictions look unfavorable and altcoins like SHIB and JASMY continue to plunge, Raboo holders can remain confident as the presale ROI piles up and long-term prospects become clearer.
Raboo is currently in Stage 4 of its presale and selling at $0.0048. Additionally, when you buy into the Raboo presale now, you get an automatic stage bonus of 20% instead of the standard 10%.
