SHIB and Pepe Holders Jump on Raboo’s Moonwagon Poised To Place Top 20 This Year!

SHIB is evolving, with recent data showing increasing adoption rates while Pepe has dropped following the launch of spot Ethereum ETFs amid bearish sentiment. 

Meanwhile, Raboo, the AI-backed presale token, is surging massively in its presale and has been tipped to become one of the top 20 cryptocurrencies. Currently in Stage 4 of its presale at a low cost entry price of $0.0048, Raboo offers massive profit potential, making it one of the best altcoins to invest in 2024.

SHIB set for transformation in 2024

SHIB is evolving beyond its meme coin origins with a robust ecosystem featuring tokens like SHIB, LEASH, BONE, SHEB, TREAT, and SHI. These tokens empower a passionate community, supported by platforms such as Shibaswap for decentralized trading and ShibaEternity, an NFT card game. The launch of Shibarium, a Layer-2 solution, enhances transaction efficiency and scalability, positioning SHIB for significant growth which could help it emerge as one of the best altcoins to buy in 2024. 

Recent data reveals a surge in SHIB adoption, with the rate increasing from 33% to 36.16%, reflecting growing interest despite recent price drops. Whale transactions have surged by 150%, and the burn rate spiked by 482.88% following the Spot Ethereum ETF’s launch, before stabilizing. Over 140 million SHIB were burned recently, reducing the total supply and boosting market optimism for a potential price target of $0.0000369.

A senior SHIB team member, Lucie, hinted at an upcoming Web3 upgrade, urging the community to avoid scams and stick to official updates. The SHIB burn mechanism continues to reduce the coin’s supply, now at 589.27 trillion SHIB, contributing to a positive market sentiment. Technical charts indicate a bullish reversal pattern, suggesting a promising future for SHIB as it aims to redefine the crypto space in 2024.

Pepe faces challenges amid market fluctuations

Pepe saw a sharp decline of 5% recently amid the launch of spot Ethereum ETFs, which negatively impacted many altcoins. This drop came despite a recent 141 billion Pepe token purchase by venture capital firm Nascent, which had initially caused a 23% rally.  Also, the Market Value to Realized Value (MVRV) ratio, which measures investor profit and loss, is nearing the danger zone at 15%. Historically, when Pepe’s MVRV reaches between 18% and 48%, it often experiences corrections, suggesting potential declines ahead.

Investors holding 56.48 trillion Pepe, bought between $0.00001100 and $0.00001300, are on the verge of turning profitable. This looming profitability might prompt a sell-off to secure gains, especially if broader market trends remain bearish. Consequently, Pepe is expected to stay consolidated around $0.00001205 until more favorable market conditions arise, making it unlikely to break the $0.00001369 resistance soon.

Raboo: The AI-powered meme coin revolutionizing crypto investing

Raboo ($RABT) presale token is an innovative AI meme coin that integrates Social-Fi and Artificial Intelligence to foster a strong community of meme enthusiasts. Crafted from cutting-edge technology and AI wizardry, Raboo turns every challenge into an opportunity for investors to earn real-world value and rewards. Unlike other tokens, $RABT holders can start earning and winning prizes even before the official launch, with a zero buy and sell tax, making it an enticing option for early adopters.

Built on the Ethereum blockchain, Raboo ensures maximum reliability with a fully audited contract. The Raboo community, dubbed ‘meme assassins,’ unites across social media platforms, forming a resilient and like-minded group. Raboo’s AI-powered Rabooscan technology scours social platforms for fresh memes, analyzing them to create AI-generated memes, thus keeping the content dynamic and engaging for its users.

Raboo aims to rival top meme coins like Shiba Inu, and Pepe by targeting a top 20 position. Future plans include exclusive branded merchandise, Tier 1 exchange listings, and an exciting NFT launch for presale token holders. These NFTs will showcase the creative efforts of the Raboo team and offer potential rewards and perks, solidifying Raboo’s spot on the list of best altcoins to invest  in this year.

Conclusion

While SHIB seems poised for a price rally with recent data showing increasing adoption rates and significant whale transactions, Pepe witnessed a significant decline despite investments from a venture capital firm. However, Raboo continues to inch closer to its goal of becoming one of the top 20 cryptocurrencies. With over $2 million raised and current flash sale offering a doubled stage bonus from 10% to 20% for a limited time, crypto analysts have tipped Raboo as one of the best altcoins to buy in 2024. 

You can participate in the Raboo presale here:

Telegram: https://t.me/RabootokenPortal   

Twitter: https://twitter.com/Raboo_Official