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Myro’s Rally Halts, As Raboo Continues To Surge, Why Is Bonk Price Crashing?

by BSC News

June 18, 2024

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Bonk prices crash and Myro's rally halts, but Raboo surges 60% during its presale. Find out what's driving these shifts in the crypto meme coin market and why Raboo is trending.

Bonk has been the top crypto as the hottest meme coin on Solana this year; fellow SOL meme coin Myro looked as though it could claim a spot in top crypto meme coins on the blockchain, however following its recent price turnaround a top spot doesn't look promising. On the other hand, the new AI/SocialFi meme coin presale sensation Raboo has rallied by 60% since Stage 1 of its ICO, riding the wave in the past several weeks.

Over 8,000 users are getting in on the early action in Raboo, with the presale exceeding $1.7 million just weeks into its launch. Learn why Raboo is being tipped as the next top crypto investment opportunity in 2024 and beyond.

Raboo goes on a 60% surge since going live with the presale launch

Raboo has made a splash in the crypto world with its presale launch, drawing the attention of crypto whales. And when whales move, they make waves. The smart money is taking out early positions in Raboo, with analysts expecting the AI-powered SocialFi meme coin to 100x growth in 2024 and beyond. 

Using its AI meme generator Rabooscan, users will be able to earn $RABT tokens for creating and distributing memes across social media, as well as joining community initiatives and contests designed to engage and further grow the Raboo user base. Raboo’s post-to-earn mechanics, DeFi options such as staking, and infinite viral potential as a meme coin make it a legitimate blue chip that could be a top crypto contender once it launches.

The Raboo ecosystem’s native token, $RABT, is currently available at a cut-rate price of just $0.0048 as of Stage 4 of its launch. With presale investors already locked in for a 233% gain in token increases—and a legitimate moonshot once Raboo lists on global exchanges—100x is well within easy reach.

Solana meme coin Myro Halts Following Recent Rally

Myro became one of the top crypto gainers of 2024 in the realm of Solana meme coins. The token, named after Solana head honcho Raj Gokal’s dog, is built around a rabid yet fun and inclusive community of canine lovers. Myro had notably become one of the hottest meme coin projects in the first quarter of 2024, surging to all-time highs of $0.44 at the height of the Solana meme coin craze in March. Myro halted significantly, trading at $0.16 at press time; losing 20% of its profits over the last month, its market cap has also decreased considerably in price to $159m. 

Bonk prices cool off to start June

Top crypto meme coin Bonk has had its ups and downs in the past several weeks. Despite being up around 7000% in the past year, what was once the hottest meme coin on Solana has lost 16% in the past week. Analysts credit the cooldown period as a result of investors taking profits from Bonk’s strong performances in May. Nevertheless, Bonk holders who have been around since the beginning are up by a whopping 20,963%, solidifying Bonk’s status as the top crypto in the Solana meme coin sector. While Bonk sits at almost a $1.6 billion market cap, price action has relatively remained stagnant in the past week, with action flowing instead to lower-cap meme coins with greater potential to surge in price, like Raboo. 

The final word

Raboo’s potential to become a top crypto gainer in 2024 has drawn droves of whales to its presale launch, resulting in early sellouts for its first three presale stages. Entering Stage 4 with prices at $0.0048, Raboo offers a scintillating opportunity to get in on a low-cap gem at a low entry point before retail money comes flowing in. Join the Raboo revolution today.

You can participate in the Raboo presale here.

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