Can SUI or Pepe Become a Top 20 Crypto In 2025?

August 31, 2024

🚀 Stay Ahead with AltcoinDaily.co! 🌐

The year is yet to close off, but some predictions for 2025 are already rolling in, with Raboo ($RABT) stealing the show. There’s been a lot to learn from the crypto market this year, and SUI and Pepe investors are wondering what to expect in the long run.

SUI plans a token unlock, Pepe is tagging along with Bitcoin; plenty of talking points, and we have one of the new projects rising through the ranks.

Hang tight.

🌟 Unlock Crypto Insights with AltcoinDaily.co! 💰

SUI schedules token unlock despite SUI price dip

The crypto market has been shedding gains all week, and with Sui’s token unlock announcement, traders are cautious, if not worried. The event is to be held on September 1st, 2024, when about 64 million SUI coins will join the circulating supply.

The SUI price has been quite unstable for the past two days, falling by over 9% to $0.82, where it now trades in a narrow range between $0.84 and $0.76. The overall bearish market could pull the SUI price down to $0.7, and the token unlock event could cause even further loss, leaving SUI at about $0.6.

There’s still a lot to observe on SUI before any predictions can be made, but one thing is almost certain: the next few days will be bearish.

🦂 AltcoinDaily.co is your trusted source for the latest in crypto news and insights. 🚀

Pepe price still depends on Bitcoin

Meme coin successes have been largely tied to bullish trends on Bitcoin, and Pepe shows an even stronger correlation than most. First, the Bitcoin halving set the PEPE price on a four-week bullish streak in May.

Now, just last week, the Pepe price picked up pace as Bitcoin mounted a recovery. Pepe bulls took the token past its resistance at $0.0000085 to a new weekly high at $0.00000095, but Bitcoin’s slump this week has reset all that.

Pepe is back struggling with its support levels at $0.0000075 and $0.000006. Now that traders are aware of the Bitcoin-Pepe link, they could simply wait for the next Bitcoin trend and watch out for Pepe.

However, not all meme coins are directly dependent on Bitcoin’s every price movement. The new meme coin Raboo is as independent as they come, and here’s a little on what the project is about.

Raboo: More memes to revive fun culture in the crypto market

There’s been some slump in meme quality and frequency in the crypto-verse lately, and more than one project has experienced that, too. Raboo is taking up the meme creation part as a central part of its philosophy.

The meme coin intends to roll out a stream of creative, relatable memes for crypto users to enjoy daily as they used to. Many meme coins have lost the plot and are off chasing bull runs instead of providing utility. Raboo is correcting that while offering meme enthusiasts the chance to join in the fun of meme creation.

Rabooscan is Raboo’s trump card in changing the meme creation process. Rabooscan is a generative AI algorithm that will help the project gather meme-worthy pictures, text, and videos from all over the internet and combine them into relatable memes.

As Raboo raises the standard in the meme space, the other meme coins will have to step up or get left behind. It’s a ‘grow or be eaten’ scenario, and Raboo is leading it.

Conclusion

SUI and Pepe spot short-term bearish futures, but Raboo is a promising project, even if it is in the meme sector. The presale is in Stage 4 of its presale, and there is no ceiling for $RABT’s potential given its AI affiliations.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official