USDT and USDC stablecoins are investment alternatives that do not suffer as much fluctuation as other crypto assets, such as memecoins. While stability may be appreciated by many investors, it is precisely market volatility that opens the door to big gains.
An example of this is Raboo, because analysts expect the price of the native token to grow 100x on launch day. In stage 3 of its presale, the project is already showing potential, and many traders are keeping an eye on the expected growth that such a low initial investment can bring. Read on to learn and become part of the most exciting memecoin of 2024.
According to sources, this year alone, Tether (USDT) market capitalization reached the milestone of surpassing $111 billion. Without leaving any doubt to its holders, it is one of the most reliable stablecoins in the cryptographic ecosystem. And much of this is due to its proximity to the value of the US dollar. During the first quarter of 2024, Tether Holdings made a net profit of $4.52 billion, mainly due to gains from Bitcoin and gold.
This stability attracts many investors, although the token does not have a 100x appreciation potential like some altcoin projects. But integration with new blockchains like TON and Celo should increase the number of network users. Tether‘s CEO stated that the launch of USDT in TON will increase activity and liquidity, offering a financial experience closer to traditional financial systems.
Just like USDT, the price of USDC is at par with the US dollar. This stablecoin is maintained by Circle, which revealed its numbers in the “State of the USDC Economy 2024” report published in January. The token is integrated into multiple blockchains and exceeds trillions of dollars in transactions. And the company is considering an initial public offering (IPO) for USDC to have more credibility in the financial sector.
The market capitalization of the crypto asset has reached $33.5B and continues to rise. The token’s price remains stable, with small variations around $1. Although 100x price spikes that excite investors are not seen, the measures taken by the platform to guarantee coverage for any deficit in USDC reserves are well regarded by the market.
The meme market is valued at US$62 billion, and cryptocurrencies have entered it with everything. Unlike those seeking stable prices, such as USDT and USDC holders, the union of memes and digital worlds attracts due to the potential for return. Raboo, which went from $0.003 to $0.0042 per token in the presale phase, aims to become one of the top 20 cryptocurrencies by market cap.
The 100x growth forecast is not a sign of insecurity. The project was audited by SOLIDProof and will operate on the Ethereum network. As data from CryptoSlate points out, the AI crypto market has increased approximately 150%. And the memes are a success. The chance to monetize your own social media content is capturing many users. Raboo aims to foster an engaged community that earns token rewards from their participation in the network’s ecosystem.
Stablecoins like USDC and USDT are highly appreciated for their stability. But it’s memecoins like RABT, where the more you engage, the more you earn, that can offer 100x returns. Raboo will connect memecoin enthusiasts around the world on a secure Post-to-Earn platform. Just bring your ideas to crave rewards.
Want to be part of this too? Find out more about RABT presales here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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