Memecoins have come a long way since their introduction with Dogecoin. However, the paradigm is shifting, with new upstarts revolutionizing the community-focused fun in these meme coins. One such upstart is the Raboo (RABT) token, designed to give more power to memes with its AI-backed Social-Fi platform. As its presale causes a frenzy, Coinbase turns its attention to Dogecoin (DOGE) for futures trading while ERC20 Pepe (PEPE) leads the bull surge. Is this the start of a comeback for meme coins?
Raboo (RABT) Revolutionizing the World of Meme Coins
Raboo is a new AI memecoin platform with a strong community that balances social-fi and artificial intelligence. Within this innovative ecosystem, token holders engage in interactive meme-generating activities, earning rewards in tangible real-world assets with each victorious endeavor. Fueling this ecosystem is $RABT, the platform’s native ERC-20 token on the Ethereum network. Its inclusive approach sets Raboo (RABT) apart, allowing token holders to accrue rewards even before the platform’s official launch.
Additionally, the platform aims to assist content creators to monetize their content via their Post-to-earn feature. This, alongside its presale’ enticing opportunity, has seen its demand rise above its peers. The presale has advanced at an unprecedented rate in stage one, thanks to the affordable $0.003 entry price. Therefore, it is imperative to buy now at this stage as analysts predict the token has the potential to grow by 233% by the end of the presale stages.
Coinbase Set to Launch Dogecoin Futures Trading By April
Coinbase announced its plans to launch cash-settled futures trading contracts for Dogecoin (DOGE) and two other tokens two days ago. The products are set to launch as early as April 1 on Coinbase derivatives. Coinbase took this significant step after filing for the new futures trading contracts to CFTC to list the products before receiving official approval.
Following the announcement, Dogecoin prices surged by over 17%, rising from $0.12 to $0.155. While Dogecoin has no actual utility, this important win shows it has evolved from its satirical background. However, many investors are still drawn to innovation, and Raboo mixes this with AI-backed fun community building.
Pepe (PEPE) Whales Spearhead Bullish Memecoin Movements
Pepe (PEPE) continued to blow minds with its audacious ascent last week. Following BTC’s suit, Pepe has gained over 400% in the past 30 days. Investor interest hit its peak after two whales purchased 560 billion Pepe coins worth over $4M. The purchase came amid a 23% price rebound, indicating investor confidence.
One of the two traders made the purchase worth $3.86 million with USDC and WTAO. Interestingly, the trader had earlier realized profits of $2.52 million from trading PEPE. These strategic moves have driven bullish movements within the memecoin market, further fueling speculation and excitement among enthusiasts.
Conclusion: Is Raboo The Next Meme Coin to Explode?
Dogecoin (DOGE) grew in influence to a coin with value, and PEPE is experiencing increased investor confidence. However, Raboo (RABT) is the future of meme coins. With its smart contract functionalities and current presale progress, Raboo is showing potential as the next crypto to explode and outpace both Doge and PEPE.
You can participate in the Raboo presale here.
