Cardano has been caught in a bearish slump lately, as the ADA token has underperformed compared with the rest of the market. Still, the upcoming Chang update might see a lot of change for the token in the coming weeks. Bitget’s BGB token is also one to watch, as it seems to be on a consistent streak.
But so much is uncertain, especially as the crypto market could get sentimental quickly. That’s why many ADA and BGB holders are investing in the new meme project Raboo for even more ROI this year.
More information on the new meme coin shortly.
What you'll learn 👉
ADA price slumps as Cardano sees investor interest spike
What’s happening with Cardano is a little paradoxical, as the project is prepping for a new update, but traders seem uninterested. The only Cardano stakeholders that are driving the token are the long-term holders, as some whale activity has hiked large holder inflows by over 10,000% in the past 24 hours.
While the ADA whales and large investors might be interested in holding out for a Cardano spike, the traders and cruisers have already lost interest. Cardano seems to be sharing the spotlight with too many altcoins, old and new, and the lack of any pump is hurting its chances of convincing new investors.
The Cardano project is only holding on to its spot among the top 10 crypto coins, as it was recently ousted by Dogecoin and Tron. Despite sporting a much more secure network than other trending blockchains like Solana and Toncoin, Cardano traders are looking for different options for profits.
Bitget Token joins top performers in the crypto market
Much like Binance and Coinbase, centralized exchange Bitget features its governance token, BGB, that powers the ecosystem. Fortunately, the BGB coin has joined the best tokens in 2024 after being a wallflower since 2021, and its rising performances have drawn attention from investors.
The token started the week 10% above the dollar, with about $23.97 million worth of BGB traded that same day. There’s little to note about the Bitget Token, but a steadily rising token might be a good project to invest in at this point.
Bitget recently upgraded BGB’s smart contract address to add even more use cases to the token. Development is, however, rather slow on the token, and even Bitget users are looking to Raboo for an ROI boost this year.
Raboo: Memes and profits at their finest!
The Raboo project offers a newer, more innovative approach to meme creation in the crypto market. For a few years, meme coins have diverted from circulating high-quality memes to aiming for price movements.
One could attribute that to Dogecoin’s rise to the top 10 crypto coins in 2021, but one thing is clear. The standard of memes in the crypto-verse needs a serious upgrade. And that’s where Raboo comes in. The project features a generative AI, Rabooscan, that makes the meme-making process easier for users, and there’s a reward system for $RABT users who contribute to the process.
Rabooscan goes through $RABT users’ social pages, getting memeable content and combining them into relatable memes. The memes are then verified–we don’t want AI-generated content–before they are released for circulation.
As for rewards, Raboo’s tokenomics has a 135-million token pool for users whose content gets to become memes. Upgrading and promoting the meme culture is all in a day’s job for Raboo, and here’s your chance to join the fastest-growing meme community in the crypto market.
Raboo’s presale is still on!
The meme-verse on Raboo is up for grabs at the moment. The tokens are worth $0.0048 each, and you have a chance to benefit from the 233% presale pool.
There is even more benefit for early buyers. Get your $RABT tokens today and double the bonus profits attached to this stage.
And the profits get even better. Analysts have picked Raboo to hit 100x returns when it gets listed on top-tier exchanges. Potential returns like that are the reason traders and investors are all over $RABT’s presale.
You can participate in the Raboo presale here.
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