Investors Excited as Raboo and Notcoin Surge! Singapore’s DBS Bank Holding $650M of Ethereum

Raboo ($RABT) , has continued to put smiles on the faces of many investors after it witnessed a remarkable 40% gain in its ongoing presale and keeps positioning itself for a potential 100x surge. Notcoin (NOT) too is said to have impressed investors lately with interesting gains in the past week. Meanwhile, Singapore’s DBS Bank is drawing significant attention after a report revealed it holds a significant amount of Ethereum (ETH) tokens worth $650 million.

As investors brace themselves for the launch of $RABT tokens, which they believe could be one of the biggest launches of the year, let’s also see what Notcoin has in store for them as well as the reason behind Singapore’s DBS Bank holding such a significant amount of ETH tokens.

DBS Bank (Singapore) holds $650 million in Ethereum: Investment or client funds?

On May 30, 2024, Nansen, a blockchain analysis platform, reportedly unveiled that a crypto wallet belonging to a Singaporean multinational banking and financial services corporation (DBS Bank) holds over 170,000 ETH tokens, worth nearly $650 million. According to Nansen, the bank has witnessed $200 million in profits from holding ETH tokens.

Despite no confirmation yet from the bank on whether it truly holds such an amount of ETH, there is speculation that such holdings are for the bank’s clients rather than its own assets. On the other hand, some believe DBS Bank’s holding of Ethereum is simply positioning them to benefit from top crypto coins like Ethereum, which has been rallying for the past 30 days. 

Notcoin surges 148% in 7 days: play-to-earn token breaks into top 100 crypto

Notcoin (NOT) is the notable play-to-earn token based on The Open Network (TON) that has drawn over $35 million through its engaging gameplay and media popularity. The Notcoin platform focused on social engagement among players, allowing them to form teams, invite friends, and take part in community-driven activities using the NOT tokens.

According to CoinMarketCap, Notcoin has been rallying for the past 7 days, with its value increasing by 148%.  Due to its impressive performance, Notcoin has been able to break into the 100 top crypto coins  by market capitalization, with a market cap value of over $1.2 Billion as of the time of writing.

Raboo leads meme revolution; Investors excited with 10,000% surge potential in RABT 

Raboo ($RABT) stands out as a meme coin project that continues to defy expectations, drawing significant interest among investors seeking opportunities in the meme sector. With a presale that is already exciting investors with incredible profits, Raboo keeps displaying its potential to take the $62 billion meme market to greater heights.

Raboo is on a mission to improve meme quality by using its self-evolving AI to sieve out weak memes and make way for the best to thrive. It plans to achieve this mission by introducing Rabooscan, an advanced AI technology that scans social platforms for quality memes to enhance Raboo’s creativity towards generating the best AI-created memes.

In addition to its innovative meme generating capabilities, Raboo plans to introduce a ‘Zero Task’ feature which aims to empower users to actively engage with the platform, participate in community-driven activities, and contribute to the evolution of meme culture.

For investors eyeing incredible gains this year in the meme sector, Raboo presents an exciting opportunity by offering its token at just $0.0042 per token in Stage 3 of its presale. Interestingly, top analysts have predicted that the presale token could surge by 10,000% once it lists on major exchanges.

Conclusion

As the crypto market continues to offer exciting opportunities for investors, Raboo, the promising presale token, and the recently launched Notcoin lead the charge. Adding to the excitement, the unveiling of Singapore’s DBS Bank holding a substantial $650 million worth of Ethereum tokens has sparked speculation about the bank’s crypto strategy and its potential impact on the market.

Moreover, with Raboo’s innovative meme generation capabilities and its ambitious goal of revolutionizing the meme sector,  investors are to remain vigilant, as the launch of the presale token could be the next big opportunity that could yield substantial returns.

You can participate in the Raboo presale here:

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

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