Pepe holders have been watching from the sidelines, as meme coins are surging after Pepe’s price dropped by 9.9% last month. This is due to a downturn that has hit the entire crypto market. Cardano is also struggling with major resistance, as the price of the coin dropped by 1.3% within the last 30 day.
The new altcoin is called Raboo ($RABT), However, Pepe is outshining its price by 60%. From its pre-sale entry price $0.003 up to the Stage 4 presale of $0.0048. Raboo ($RABT), a meme coin backed by AI and using a SocialFi-based approach, has been predicted to increase its price further on the launch date.
The price drop of PEPE could be a sign that meme culture is changing
Pepe’s recent price drop is attributed by most analysts to the general market sell off. However, some suggest that meme coin fans have changed their minds. Pepe’s meme with a frog theme initially attracted many people, accumulating a market cap of more than $2.84billion. PEPE’s stock market cap once surpassed Polygon. PEPE owners were optimistic that the price would continue to rise.
In recent times however, we have seen Pepe’s price dip 12.19%, The monthly drop is now over 9.9%. The meme coin craze pushed Pepe’s value to a record high of $0.00001718 a little over three months back, but the current price is 61.644% lower. Onlookers have begun to notice a change in the sentiment of meme coin fans.
Cardano’s ADA is struggling to recover from a shocking 89% fall in ATH
In the past, ADA struggled against bearish pressure at $0.75. ADA is now trading at $0.32. Long-term ADA investors are still losing money after ADA has fallen nearly 90% since its initial price. ATH of $3.10. Cardano struggles to compete in the market, which is saturated with other blockchain networks.
Cardano still ranks among the top ten altcoins in terms of market capital, and recent updates such as the Chang Update are also positive. However, a bullish resurgence could still be on the cards if ADA maintains its support level at $0.31.
Raboo’s RABT, the new altcoin that is setting the trends for the MemeFi Movement.
Raboo $RABT has become the new alternative coin after its pre-sale exceeded a staggering $2 million. Raboo’s core is MemeFi, a platform that integrates Artificial Intelligence with a SocialFi-like experience. Raboo offers a feature called Post-to Earn that goes beyond a meme coin. Users can generate memes using AI and earn passive income.
Raboo is a meme-culture community that encourages users to share their creativity. next level. Analysts predict that $RABT will rise another 173%% by the end of presale.
You can also read our conclusion.
Pepe and Cardano ADA are struggling as FUD is spreading across the crypto-space. Raboo’s new altcoin has already surged and it is predicted to rise 100x by launch day.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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Source: blockchainreporter.net