There is no need to say that Bitcoin price is a key market determiner. With Bitcoin’s recent dip, many investors are now considering taking their money to low cap meme coins like Floki and Raboo ($RABT), both of which are doing well.
While Floki is currently bearish, Raboo is taking center stage with its fantastic presale. Liquidity is currently well over $2 million, with experts predicting early investors could make at least 10,000% in profits before the year closes.
Floki testing lows?
The top crypto projects understand that the strategy for relevance is forging new partnerships and testing new waters, and it’s why crypto investors are shocked by Floki’s recent poor performances.
In a recent development, Floki has partnered with University of Miami Athletics in a move that would see Valhalla, Floki’s Metaverse game, promoted on the university’s different platforms.
While this partnership will push Floki’s PR and marketing efforts, investors would wish for an immediate bullish impact on the project’s price performance.
Floki has dipped by about 18% in just the last 24 hours, creating a panic among its investors. If emotion drives investors to dump the coin, Floki might be testing new lows in the coming days
Bitcoin price: Direction unclear as BTC enters bearish territory
The Bitcoin price movement has been unclear in the last few days because although it started the week on a good foot, the price is slowly entering bearish territory. This recent move is making investors rethink their decision to hold on to the most popular cryptocurrency and go for smaller ones like Raboo.
The bears are temporarily in control of BTC, as it has failed to make new highs since March, when many traders believed the bull run had started. For Bitcoin to be bullish, it needs to move up from its current price of $58,657 and smash the $65,000 psychological level first. If not, the price will continue reaching lower lows.
All is not gloomy for Bitcoin because October and November are historically known to be green for the crypto market. If BTC can keep its head above water till Q4 starts, then holders might receive some profits for all their labor.
Raboo’s presale surpasses expectations; price moves 60%
The Raboo presale has surprised the crypto community, with many crypto experts saying it could easily be the best presale of 2024. The project already boasts 11,000 registered users and a 60% increase, beating Bitcoin and Floki.
By using cutting-edge AI technology, Raboo’s Rabooscan combs the internet for funny content and makes them into top-quality memes that beat the boring memes that have taken over the meme coin space lately. One other thing is its post-to-earn feature that allows creators to earn rewards for their work.
Recently, the Raboo team revealed that Rabooscan has completed its first developmental stage. This stage, which involves data collection, cleaning and labeling, and dataset organization, is critical for making Rabooscan successful. The team is now working on model development.
Investing in Raboo seems like a smarter choice than Bitcoin at the moment, as the former is guaranteed to churn out huge profits. There’s not a lot of room for BTC to double or triple in value, but Raboo has the potential to grow at least 100x by the end of 2024.
Conclusion
The future is bright for Raboo, and smart Bitcoin holders are already making the switch to this low cap meme coin. For just $0.0048, you can take advantage of the Raboo presale and buy as much $RABT as you can before the 4th stage of the presale ends.
You can participate in the Raboo presale here.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.