The crypto markets have been unstable for a lot of coins. Latest happenings have shown that Cardano (ADA) and Ondo are on a downward trend. For Cardano, the project has struggled to return to the greens for the past couple of days. But analysts predict that things will be different in the month of July. Ondo on the other hand continues to go down, with no say on when it would recover.
Amidst these drops, Raboo, the latest AI meme coin continues to attract investors with its impressive performance. Raboo’s strong presale surge and innovative features makes it appear as a promising player in the crypto world. What opportunities does Raboo bring? Read on to find out.
Development in Cardano hints possible recovery opportunity
Cardano has been in the red for a while, which has caused concern for investors. Cardano price decreased by 7.48% in the last 7 days. This has begged the question, for how long will it remain so? And will things be different in July? Analysts predict the Voltaire said to happen this month will influence the coin.
After the Chang hard fork launches, Cardano will prepare for Voltaire. Cardano has been growing since its launch. It is now among the top 10 most valuable coins.
Cardano is currently trading at $0.4261 and has decreased by 3.93% in the last 24 hours. Investors anticipate whether the Chang update and transition to Voltaire will increase its price. However, Cardano’s recent developments are said to empower its holders and allow the community to determine the project to receive funding.
Ondo goes red after hitting ATH
Ondo (ONDO) started the month of June remarkably well, and even hit an all-time high of $1.48. This increase is a result of strong investor interest sparked by creative features and strategic alliances. One example is the significant attention that Ondo’s partnership with Mantra to launch its flagship yield currency, $USDY, has received.
The growth of Ondo is attributable to both appropriate environmental expansion and community support. While the market capitalization is more than $1.7 billion, its total value locked (TVL) was only $400 million. These achievements demonstrate the strong demand and favorable opinion that exists for the token.
However, the past couple of days have been the opposite. The Ondo price is currently trading at $1.21 with a 1.81% decrease in the past 24 hours. This drastic downward trend has been a cause of alarm for its holders.
Raboo: AI meme coin continues to make waves
Fans of memecoins, get ready, Raboo is causing a stir! It’s a meme coin with special features and has the potential to grow exponentially. Raboo, in contrast to other meme coins, combines the amusement and virality of meme culture with the strength of artificial intelligence.
What sets Raboo apart is its AI meme generator, which enables users to produce and distribute dank memes while also earning Raboo tokens ($RABT). They also have a strong social-fi strategy that allows users to gain extra tokens by participating in freebies and contests. It’s not all hype.
Raboo’s presale price has gone up by 60% since Stage 1 and is now in Stage 4, selling for $0.0048. Its pre-sale is off the charts, having raised over $1.6 million with 2,500 token holders and over 8,000 registered users. If you are looking for a meme coin with actual utility and potential for massive returns, invest in Raboo today.
Conclusion
Cardano and Ondo are both struggling to regain their upward trend, while innovative AI-powered meme coin Raboo is surging in popularity. Raboo has shown strong presale performance, presents unique features and significant growth potential. It just might be the next millionaire maker in the market.
