Altcoins
Solana Holders Abandon Dogwifhat as New Altcoin 100x Continues to Reach New Heights!
Solana price continues to fall despite new developments, while Dogwifhat shows no signs of recovery. Raboo, however, attracts investors with its promising presale performance and unique tokenomics.
Solana has been a huge disappointment to many investors by showing no signs of recovery in recent weeks, even after the announcement of the Solana Pay plugin. Dogwifhat also followed a downtrend, with no obvious signs of retracement.
Raboo, however, served as a knight in shining armor. Provide investors with the opportunity to make money. The new AI meme coin has shown great potential, performing well in pre-sales and attracting more investors. Read on to find out more.
Solana’s price continues to decline despite wage expansion
Solana’s price has been steadily declining for the past two months with no obvious signs of reversal. However, the coin has tried several means to force a change. Earlier this week, Helio, a Web3 payments company, released a broadcast about an update to a merchant-consumer payment solution called Solana Pay, on Shopify, a popular e-commerce platform. This was perceived as an important development of the Solana Pay plugin as it provides broader support for SOL tokens.
Unfortunately, this improvement was not enough to stop Solana’s price decline. In fact, investors of the currency began to look for alternatives as their expectations of Solana began to wane. According to coinmarketcap, Solana is currently trading at $125.75, its lowest level in such a long time. Its total market capitalization also decreased by 3% due to the continued decline.
According to some analysts, the decline of the Solana token can be traced to the overall market retreat triggered by a recent drop in BTC, the dominant cryptocurrency. While there is no indication of a buyout, Solana is not in a good position at the moment. If the decline persists, more and more investors will start to consider SOL as one of the major coins that is not worth investing in.
Dogwifhat: Downward trend continues with no signs of recovery
After falling about 50% in the last thirty days, the WIF price is now trading at $1.59. Dogwifhat and other similar tokens have suffered as the cryptocurrency market has changed its attitude toward meme currencies.
First of all, the Moving Average Convergence Divergence (MACD) indicator still indicates a bearish crossover for Dogwifhat, although it occasionally shows symptoms of waning bearish momentum. This crossover raises the possibility that the downtrend will continue and that Dogwifhat may experience further declines.
With a decline of 30% in the last seven days, DogWifhat has not made any form of retracement. Investors are concerned about the potential for further losses and are currently looking to other coins as an alternative.
Raboo’s pre-sales performance attracts more investors
Meme Coin Investors have discovered a noteworthy opportunity in Raboo, an innovative meme-focused coin that never ceases to amaze with its distinct ecosystem and limitless potential. Even though it has not yet launched, many investors are already fascinated by its unrivaled tokenomics architecture, which puts long-term sustainability first and predicts a possible 100x increase in value after launch.
Raboo’s unique feature is its tokenomics design, which provides a total supply of 1.8 billion $RABT tokens. Raboo aims to become a top 20 cryptocurrency and will look to challenge the likes of Shiba Inu, Dogecoin and Pepe. It operates under the Ethereum ERC-20 network, offering the opportunity to earn money by interacting with your community.
The pre-sale token launched at $0.003, but is now in the Phase 4 pre-sale stage and is now selling for $0.0048 after raising over $1.6 million. Analysts expect Raboo’s price to rise 233% during pre-sale and 100 times on launch day.
Conclusion
Even though popular altcoins like Solana and Dogwifhat have declined due to the overall market crisis, people are still aware of the changes brought to Solana Pay and how they could revolutionize the e-commerce payments industry. On the other hand, thanks to its unique tokenomics and expected 100x growth potential, Raboo ($RABT) continues to be a viable investment option.
You can participate in the Raboo presale here:
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