Kimbo and Coq Inu Surge as Avalanche Backs Meme Coins. Is Raboo (RABT) the Next Big Crypto?

The Avalanche Foundation has recently announced that it had invested in five Avalanche-based meme coins, with Kimbo and Coq Inu being prime beneficiaries. After surging in response, attention has now shifted to Raboo, with some predicting it could be 2024’s next big crypto.

The Raboo presale is just getting underway at only $0.003 and could skyrocket 100x this year. Let’s find out why.

Kimbo: Little-known meme coin surges 380%

Kimbo is part of the Avalanche network’s growing ecosystem of meme coins, mirroring recent efforts from the Solana Foundation to promote community-centric coins. This relatively obscure meme coin made headlines in March, skyrocketing from $0.000149 on the 1st to a staggering $0.000718 by the 18th, marking an impressive 380% surge in just over a fortnight. 

Kimbo’s meteoric rise is largely attributed to the Avalanche Foundation’s support, a move aimed at rejuvenating and promoting the Avalanche community. While Kimbo serves primarily as a light-hearted token for the community, the significant backing it has received—and the market’s enthusiastic response—suggest a potential for another upward trend for KIMBO in the weeks ahead, despite a slight cooldown to $0.000567.

Coq Inu: Further bullishness ahead?

Coq Inu, echoing the light-hearted essence of Kimbo, stands out as a meme coin crafted with fairness and transparency by the Avalanche community—none of the 69.42 trillion coins were reserved for the founders. Despite offering little intrinsic value, Coq Inu price movements and its unique origin story have led backers to label it the next big crypto. 

Like Kimbo, the Coq Inu price moved sharply from $0.0000021 on March 1st to a peak of $0.000064 by March 12th—not bad for just under two weeks! Although the Coq Inu price has cooled to around $0.000045, it’s another Avalanche Foundation favorite and could climb higher again soon.

Raboo: The most exciting AI meme coin of 2024

Raboo is fast gaining traction as the next big crypto. It blends the zest of meme culture with a splash of AI innovation to create a community that could blow Kimbo and Coq Inu out of the water. 

Using a unique SocialFi approach, Raboo is turning heads by allowing users to transform creativity into profit. By offering a slew of exclusive weekly, monthly, and quarterly challenges, participants can leverage state-of-the-art AI to craft side-splitting memes with the chance to win hefty rewards.

Its ultimate ambition is to cultivate a global, buzzing community that could rival giants like Shiba Inu and Dogecoin, becoming the most talked-about meme coin in the process. The presale is just getting underway at $0.003—an absolute steal, according to experts—and forecasts predict that RABT could be the next 100x gainer when it debuts on major exchanges. 

Conclusion

While the Avalanche Foundation backing Kimbo and Coq Inu has undoubtedly led to a spike in demand for these two meme coins, Raboo looks set to be the next big crypto. Boasting a spot in two of the market’s fastest-growing sectors—AI and meme coins—it’s easy to imagine a parabolic run in 2024. Stay tuned: Raboo could be huge.

You can participate in the Raboo presale here.

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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