DeFi
Dogecoin and Uniswap in cryptocurrency quicksand, Raboo investors welcome 60% surge
Given the recent collapse of established altcoins like Dogecoin and Uniswap, many investors decided to look for a profitable opportunity among presale coins. While searching, they discovered the meme token Raboo (RABT), which has already generated 60% gains during its ongoing token presale.
With over 8,000 investors already registered on the platform, it appears that investors are already excited about Raboo and are now counting on it to become one of the most profitable investments in the meme token industry.
From DOGE Payments to X Payments: Elon Musk Shifts Gears, Leaving Dogecoin Investors in the Dust
Optimism around Dogecoin, fueled by the support of Elon Musk, seems to be fading recently as reported by the information platform. Bloomberg reveals Musk’s plans not to use the token for payments on X. Therefore, instead of Dogecoin, it decided to use a subsidiary called X Payments, which has obtained money transmitter licenses in 28 states and is seeking approval in the others.
Although the use of X Payments on a decline in interest in the token among investors.
Active Users on Uniswap Rise, but UNI Price and DeFi Involvement Plummet
Just recently, a platform that tracks DeFi protocol data, known as Token Terminal, revealed that The Uniswap protocol has seen an increase in monthly active users. But this rise was overshadowed by a decline in UNI’s TVL – the total value of UNI tokens locked or staked on DeFi platforms. The increase in activity also coincided with a drop in the price of UNI tokens.
UNI’s price decline was tracked by a crypto data tracking platform called CoinMarketCap at 0.13% over the week and 14% over the past month. If this trend continues, experts believe that Uniswap will remain one of the best adverse altcoins to invest in this year.
Is Raboo the next Dogecoin killer? Presale increases by 60% in presale
While major altcoins like Dogecoin and Uniswap struggle to maintain their position as profitable cryptocurrency investments, Raboo has managed to remain resilient, delighting investors with a staggering 60% increase in their holdings when the token presale passed in step 4.
The foundation of Raboo’s success and growth lies in its unwavering commitment to innovative technologies, particularly its advanced AI capabilities. As a coin on a mission to redefine the meme industry, Raboo has established itself on a self-evolving AI system that continuously scans the internet, identifying and elevating only the highest quality memes.
Many experts believe that Raboo will not give in to the 60% returns already offered to early investors; instead, it is targeting a 233% gain upon the conclusion of its token presale and a potential 100x increase once it lists on the market.
Conclusion
As investors look for more profitable opportunities amid volatility surrounding the market lately, Raboo’s innovative AI-powered project has caught their attention ahead of big names like DOGE and UNI, with many experts predicting that RABT could generate even greater gains once it goes public.
Additionally, as the fate of Dogecoin and Uniswap remains uncertain following their respective price declines, Raboo is expected to continue to be a better alternative for investors, both during its ongoing presale and after its launch.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the site could potentially be scams, i.e. designed to trick you into investing financial resources that could be lost forever and not recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investment. Learn more here.