PROMO
by BSCN
August 31, 2024
Learn about the rise of Polygon, Tron, and Raboo in the crypto market, as experts highlight their unique strengths and potential for growth in 2024.
Polygon (MATIC), Tron (TRX), and the new meme project, Raboo ($RABT), are the top picks to invest in for the rest of the year, according to experts in the crypto market.
Making profits in the crypto market is more than just surviving. Experts have mastered the art of closely monitoring the trends and deciphering which tokens look the most promising.
Here are more details on the three top altcoins.
The MATIC token fell to bearish pressure this week as the entire crypto-verse flipped downwards. The token has dipped by about 16% from last week, but there's still some hope for its traders.
Santiment, the blockchain analytics platform, noted a surge in Polygon's on-chain activity on Wednesday. The activity for that day ranks as the second-highest number of daily active Polygon addresses this year, and analysts are tipping the falling MATIC token for a reversal from its bearish trend.
The MATIC price is currently at $0.4398, but it could be worth so much more with the current trend.
It was a week of highs for Tron, as the blockchain recorded its highest daily trading volume since 2022, reaching $280.4 million on Monday. The TRX price rose alongside, appreciating by about 16.63% in the past month.
That's not all. Tron’s spike is definitely that of investors, as the Total Value Locked has also been on the rise since August 5th. It's on $8.6 billion, and with the current Tron trend, there doesn't seem to be an end in sight for the TVL.
Of course, the recent spikes have been the focus on Tron, with development reducing. That might delay a TRX price rally, but Tron is still one of the top choices for investments in the crypto market.
Next up is one of the more promising meme coins in the market.
The effects of AI are far-reaching in global sectors, and the crypto-verse is no different. 2024 forecasts saw the AI crypto sector outstrip other aspects of the crypto market, and so far, the technology is constantly featured in more crypto projects.
Raboo is one of the new ICOs presenting practical applications of AI, and, for once, it's not in the DeFi space. Rabooscan, the generative AI algorithm on the Raboo-verse, will scour the internet for meme-worthy content that will facilitate the steady outflow of memes from the platform.
With an algorithm handling all the meme creation, there is more time for the members of the Raboo-verse to curate the memes for the most relatable ones. Rabooscan’s development is already in the second stage, and the developers are looking to finish the algorithm and get it running before the tokens launch.
What's most impressive about Raboo is its long-term ambition. The generative AI market is predicted to be worth over a trillion dollars by 2034. The meme coin hopes to have secured stakeholder status by then, placing $RABT tokens in position for long-term profits.
Bitcoin and the traditional top altcoins are struggling with bearish markets, but Polygon and Tron have joined the new meme project, Raboo, as the most promising tokens for the year.
The Raboo presale is still ongoing, with each token selling for $0.0048. There are 11,000 registered users and about 3,000 token holders already.
You can participate in the Raboo presale here.
Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $300. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Latest News
December 12, 2024
Binance Labs' New Investment: What is Perena?
December 12, 2024
Arbitrum Foundation and Ubisoft Team Up to Launch Netflix Series-Inspired Web3 Shooter Game
December 12, 2024
Brian Quintenz Emerges as Front-Runner for CFTC Chair Role Under Trump
December 11, 2024
Circle and Binance Form Strategic Partnership to Drive Global Adoption of USDC
December 11, 2024
Coinbase Institutional Integrates Chainlink into Project Diamond for Secure Tokenized Asset Management
December 11, 2024
Ripple's RLUSD Stablecoin Receives NYDFS Approval, Launch Imminent
December 10, 2024
Baby Doge Coin Hits All-Time High, Surpasses $1B Market Cap
December 10, 2024
Floki Launches Crypto Debit Card in 31 European Countries with Mastercard Partnership