2024 Is The Year For Meme Coins! How High Can Dogecoin, Shiba Inu and Raboo Go?

30 April 2024

in DOGE

Reading Time: 4 mins read

Meme coins are too often regarded as worthless, but on closer examination, it turns out meme coins are worth almost 52 billion dollars in crypto market cap, putting meme coins on par with DeFi. Basically, meme coins are here to stay. A Coincodex SHIB price prediction shows Shiba Inu will double next month. What can meme coins like Dogecoin and Raboo do in this extreme bull market?

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Shiba Inu (SHIB): Was Big, Going Bigger!

Shiba Inu (SHIB) is just outside the top 10 tokens by market cap and regularly tussles with ADA for the coveted top-10 spot. Currently, with a market cap of 14.77 billion, Shiba Inu is showing some of the “legitimate” coins how it’s done. Goodwill cannot be overpriced in a meme coin market, and the SHIB price prediction is riding a wave of bullish sentiment. Coincodex sees Shiba Inu go almost 230% in the next month!

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By comparison, Cardano (ADA) is predicted to gain a mere 5%, and it is sure to put Shiba Inu in the top ten tokens by market cap before the end of May. Shiba Inu was big to begin with, but it is approaching price levels last seen in 2021.

Dogecoin (DOGE): Big Dog Barks Louder Than Ever

The short-term prediction for Dogecoin is not quite as Rosy, with Coincodex predicting a substantial slump for the month ahead. But for the patient investor, the same forecast sees Dogecoin 5x in the next year! Dogecoin has become so ubiquitous that one forgets it forms part of a family of meme coins that allegedly have ‘no value’. Sitting at $22 billion in market cap, it is not doing too badly for something with “no value”. And if current trends are anything to go by, Dogecoin will soon overtake XRP.

While it can be argued Dogecoin has an unfair advantage because of the explicit support of Elon Musk, the same cannot be said for Pepe Coin (PEPE), DogWifHat (WIF), or even Shiba Inu, who does not hold such high celebrity endorsements yet still manage to make their investors extremely wealthy.

Raboo (RABT): New Bunny hops To Stardom

Raboo (RABT) is a new meme-fi AI Crypto coming to the family of meme coins, but it is coming with a rocket tied to its back! Raboo is not just another feel-good meme coin — which it is — but it is entering the market with a unique advantage: Cutting edge artificial intelligence to power Raboo further than any of the meme coins before it.

Raboo – presenting its mascot as a rabbit to chase Shiba the dogs away – is also in the lucrative presale stage of its lifecycle. Investors know that it’s during this phase that they can get in early and capitalize on the low prices that only presales can offer before tokens hit the open markets, usually with incredible results. Raboo specifically is slated to return 100x once it trades on the open market.

Conclusion:

Looking at the Dogecoin’s history and the SHIB price prediction, meme coins are brilliant investment vehicles, and participating in the Raboo (RABT) presale, where tokens are available for $0.0042, is a must for any investor.

You can participate in the Raboo presale here.