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BONK and PEPE holders have started to panic after the two top meme coins registered devastating drops of 20.79% and 18.51%, respectively. Pepe price had surged over 50%, hitting an all-time high of $0.00001718, only to drop 59% as holders sought alternatives.
Raboo’s $RABT, however, is on the rise, with a 90% surge from its presale entry price of $0.003. Thanks to its focus on integrating artificial intelligence, SocialFi, and meme culture, $RABT is tipped to rally by 233% before the presale closes. Captivated investors have already raised over $2.4 million towards Raboo’s development.
PEPE’s 18.5% monthly dip sends FUD among holders
The crypto market has seen a record dip in the total market cap by 5.3%, leaving behind a wave of panic as prices register double-digit downturns. Pepe’s price kicked off the year with meteoric gains that hit its all-time high of $0.00001718 just three months ago.
Since July, however, Pepe’s price has dwindled as sharply as 21.4% in some weeks. While the meme craze continues, new meme coins have emerged, especially on Solana’s blockchain. These new meme coins are outshining top meme coins like Pepe, with gains of as much as 100x while Pepe’s price continues steadily declining.
BONK’s 20.79% decline in 30 days triggers a panic sale
Compared to Pepe’s price, BONK’s price has had a much worse decline of over 20%, with prices now moving sideways around the $0.00001647 region. BONK was once touted as Solana’s top dog-themed meme coin set to surpass Dogecoin in a brief spell.
Currently, however, Bonk holders are counting double-digit losses as the meme coin continues its devastating drop of over 64% from its all-time high of $0.00004704. While some onlookers are optimistic about BONK’s bullish resurgence, it remains to be seen whether BONK will establish critical support or continue facing increased bearish pressure.
Raboo’s $RABT presale outshines top meme coins and surges 90%
Raboo’s $RABT presale is the latest sensation in the world of meme coins. The $RABT’s price surged 90%, going from an entry-level price of $0.003 to $0.0057 in Stage 5 of the presale. Raboo’s innovative SocialFi and AI-backed meme coin has captivated investors who have so far raised over $2.4 million in support of its development.
Raboo is designed to cultivate a community of like-minded individuals looking to monetize their meme-hunting prowess. Thanks to Raboo’s Rabooscan, users will be able to leverage AI to generate trendy memes that can be monetized through $RABT.
Raboo will also include a vibrant fusion of NFTs and merchandise, thus adding to the fund and excitement users will enjoy on the platform. With over 63% of $RABT’s 1.8 billion tokens up for sale during the presale, now is the best time to jump in, as $RABT is tipped to rally a further 233% before the presale closes.
Conclusion
The bears are winning in the current crypto market, and top meme coins are no exception. Pepe’s price decline has seen investors shift attention to emerging meme coins. BONK’s plummeting price could rebound, but attention is currently shifting towards Raboo’s ongoing presale.
You can participate in the Raboo presale here.
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Twitter: https://twitter.com/Raboo_Official
*This article was paid for. Cryptonomist did not write the article or test the platform.