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Raboo (RABT) Poised for 100x Surge as ETH, BNB Whales Invest: Crypto Market Buzz

30 April 2024
in BNB
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Raboo (RABT) Poised for 100x Surge as ETH, BNB Whales Invest: Crypto Market Buzz
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Despite their relevance in the market, things have not been going well for Ethereum and BNB recently. This is why their investors have turned their interest to Raboo. Investing in up-and-coming promising projects like Raboo and its presale could be the best move for profit-oriented crypto whales. Keep reading to discover what is so special about Raboo and its presale:

Ethereum Loses Investor Enthusiasm Due to Crypto Market Volatility and New Ecosystem Proposal 

Ethereum investors are growing more anxious as ETH risk reversals dropped by 20% on April 16, 2024. These investors are wary about the current state of the crypto market, especially since Bitcoin and many altcoins are facing declines. As a result, there has been a shorting of Ethereum gamma in the market, which could mean negative ETH price movements.

Another factor that could cause Ethereum (ETH) to lose its investors soon is the issuance curve proposal. The Ethereum Foundation still insists on reducing ETH issuance to maintain Ethereum‘s monetary status. Despite the foundation’s promise that this will lead to a balance in governance, Ethereum investors are concerned about how this could affect ETH’s growth. 

BNB Could Experience Decline As Its Parent Blockchain Faces Network Issues

Binance’s main source of revenue comes from its transaction fees charged in Binance Coin. This means that higher demand for Binance assets like Binance Coin will lead to a higher revenue-earning potential. However, recent crypto market data has shown a huge slowdown in the Binance chain’s network activity.

Moreover, renowned Binance Coin analysts pointed out that Binance generated only $62,500 on April 15th, 2024. They noted that this was one of the platform’s lowest revenue figures since February 2024. According to these Binance Coin analysts, this revenue decline is likely due to reduced trading volume on Binance’s DEXs. As a result, BNB whales are wary about what this could mean for their investments in the future.  

Raboo is On Its Way to Dominate the Meme Coin and AI Crypto Markets

Raboo is one of the few projects that is set on providing innovative benefits to crypto users worldwide. This forward-thinking crypto combines meme culture, AI technology, and social finance within its ecosystem. Raboo offers exclusive benefits to its users through its unique platform. 

Special activities like NFT trading and meme coin sharing help create community engagement on the platform. These amazing features could position Raboo as a 100x crypto ahead of meme coin industry giants like Dogecoin and  Shiba Inu. Despite its newcomer status, Raboo (RABT) already has over 5,200 registered members and 1,800 token holders.

In its ongoing crypto presale, Raboo will offer RABT tokens at a highly discounted rate of $0.0042 each. RABT are Ethereum-built tokens that fuel the Raboo platform. Token holders enjoy an array of exciting perks like participating in various challenges on a weekly, monthly, and quarterly basis.

Conclusion 

Raboo brings a refreshing perspective to meme culture through its incorporation of AI and SocialFi. Ethereum and Binance Coin investors are bullish on Raboo due to its huge profit potential. Although it has not yet been launched, the project is already primed to be the next 100x crypto on the market. 

You can participate in the Raboo presale here.

 

Credit: Source link

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