Pepe (PEPE) holders are watching on the sidelines as other meme coins surge after Pepe’s price dipped 9.9% in the last month, thanks to a wave of downturns that hit the overall crypto market. Cardano’s price has also been struggling to overcome major resistance as the price dropped 1.3% in the last 30 days.
This new altcoin called Raboo ($RABT), however, is outshining Pepe’s price with a 60% rally from its presale entry price of $0.003 to its Stage 4 presale price of $0.0048. Raboo ($RABT) is an AI-backed meme coin with a SocialFi approach and is tipped to rally further by 10,000% on launch day.
PEPE’s price decline could indicate a changing meme culture trend
While most analysts blame the market-wide sell-off for Pepe’s price woes, others suggest a change in sentiment among meme coin enthusiasts. Pepe’s frog-themed meme initially caught the attention of many, amassing a market capitalization of over $2.84 billion. At one point, PEPE’s market cap surpassed Polygon, leaving PEPE holders optimistic about a further upside.
Recent times, however, have seen Pepe’s price dip 12.19%, adding to a monthly decline of over 9.9%. While the meme coin craze managed to push Pepe’s price to an all-time high of $0.00001718 just over three months ago, the current rate is a sharp 60.64% drop. Onlookers are starting to suspect a shift in sentiment among meme coin enthusiasts.
Cardano’s ADA struggles to recover after a devastating 89% drop from ATH
In recent years, ADA has struggled to overcome significant pushback from bears at the $0.75 mark. With ADA now priced at $0.32, long-term ADA holders are still in losses after ADA’s dip of nearly 90% from its ATH of $3.10. Cardano is also struggling in a market flooded by competitive blockchain networks such as Ethereum and Solana.
While Cardano is still ranked among the top 10 altcoins by market cap, not to mention recent developments such as the Chang update, a bullish resurgence is still in the cards if ADA sustains support at the $0.31 level.
Raboo’s RABT is the new altcoin setting trends in the MemeFi movement
Raboo’s $RABT is the new altcoin and the talk of the town after its presale surpassed a whopping $2 million in funds. At its core, Raboo is a MemeFi platform integrating Artificial Intelligence and a SocialFi experience into the meme coin movement. Raboo goes beyond the bounds of a regular meme coin to offer a Post-to-Earn feature where users can use AI to generate memes that can earn them passive income.
Simply put, Raboo aims to create an ecosystem of like-minded meme culture lovers who are willing to take their creative expression to the next level. Analysts have tipped $RABT to rally another 173%% before the presale ends.
Conclusion
As FUD spreads across the crypto space, Pepe’s price and Cardano’s ADA seem to be struggling amid the downturn. While most holders remain optimistic, Raboo’s new altcoin is already surging and is tipped to rally 100x on launch day.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
