Memecoins
Analysts review meme coins: PEPE, Raboo and BOME
- Binance internally mixes $12 million worth of PEPE tokens, with no impact on the downtrend
- BOME stages a comeback; aims for another all-time high
- Experts recommend buying 100x RABT in presale
- Conclusion
PEPE, Raboo and BOME are experiencing positive developments that have not gone unnoticed. In response to these developments, some prominent cryptocurrency analysts have decided to conduct a review to determine the potential prospects of meme coins with respect to their respective developments.
Interestingly, when looking at the potential of Raboo, the new presale coin, they predicted that it could increase 100x after launch, considering its recent presale results and the hype surrounding the token. Let’s dive into the details of these interesting meme coins.
Binance internally mixes $12 million worth of PEPE tokens, with no impact on the downtrend
In June, Whale Alert, a blockchain tracker and analytics platform, revealed the transfer of approx 1.159 billion PEPE tokens, worth $12.34 million, at Binance, a major cryptocurrency exchange. Initially, the sender’s wallet address was unidentified, but it was later discovered to be a Binance wallet, indicating that the massive PEPE transfer was simply an internal move between Binance wallets.
While such massive transfers of PEPE tokens to exchanges are often seen as a bearish signal among investors, in this case the transaction did not occur from a large external PEPE holder but between two Binance wallets. Despite this, PEPE remains bearish, trading at the current price of $0.00001122, which corresponds to a decline of approximately 7.85% compared to last week.
BOME stages a comeback; aims for another all-time high
BOME, which is short for Book of Meme, is an experimental Web3 platform that aims to redefine culture through various ways, including memes and decentralized storage. In March this year, BOME attracted a lot of attention when it rallied significantly to reach a all-time high of $0.02805.
BOME, however, fell rapidly due to selling pressure. Fortunately, BOME has started to rise again, trading at $0.008867 according to CoinMarketCap, a crypto data tracking platform. Analysts believe that if the BOME’s uptrend continues, it could reach another all-time high before the end of 2024.
Experts recommend buying 100x RABT in presale
With countless meme coins flooding the industry, Raboo, the new pre-sale coin still stands out for its intriguing blend of blockchain technology with advanced elements of artificial intelligence and social-fi. Unlike other meme coins that have no real-world utility, Raboo is poised to transform the meme industry by eliminating unworthy memes that have overwhelmed the industry and promoting better ones.
In an effort to incentivize the promotion of high-quality memes, Raboo plans to introduce a revolutionary no transaction fee feature. The zero transaction fee feature removes fees from buying and selling the $RABT token, making it more accessible for meme creators and enthusiasts to participate in the ecosystem and receive the best returns.
Thanks to the intriguing AI-supported ecosystem, Raboo has attracted numerous investors and raised over $1.6 million by selling $RABT. Raboo is currently in Phase 4 pre-sale and one $RABT is on sale for just $0.0048. Cryptocurrency enthusiasts looking to join the Raboo revolution are advised to do so now to take advantage of the full benefits of the pre-sale token and its many use cases.
Conclusion
The review of meme coins PEPE, Raboo and BOME provides a mixed perspective. While PEPE experienced a large internal token transfer to Binance, which had no impact on its ongoing downtrend, BOME has staged a comeback after previous declines, and analysts believe it could reach a new all-time high before by the end of 2024.
Meanwhile, the new pre-sale token Raboo has generated significant hype and shown interesting potential, with analysts suggesting it could see a 100x increase after launch.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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