Memecoins
June turns out to be a wild month for memecoins PEPE, DOGE and Raboo
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Memecoins are heating up, with Dogecoin reversing its losses, PEPE seeing bullish action, and Raboo gaining investor attention as its pre-sale reaches Phase 4.
Memecoins are about to change the action a bit, and the crypto-verse party is about to get even wilder. Dogecoin (DOGE) has finally erased its weekly losses and everyone is optimistic that DOGE can reach an all-time high this month.
PEPE price is also matching DOGE’s highs with some price action, but all eyes are on Raboo (RABT) for maximum gains this summer. RABT presale is already in the fourth phase and investors are still stocking up on Raboo.
Is Dogecoin Finally Settling Into the Bullish Zone?
Dogecoin has suffered jibe after jibe in its bearish struggles last month. Ripple CEO Brad Garlinghouse also believes DOGE is “useless” because it relies too heavily on social media speculation for price movements.
Dogecoin’s recent surge can be seen as a response to the token. Of course, there is not much to deduce from such a small rally, but Dogecoin has finally reversed the losses of the last week. In fact, DOGE is up 2.5% on a seven-day chart.
CoinGape highlighted some reasons why Dogecoin could be on track to make more profits this month. Accumulating whales, increased trading volume and new bullish market indicators could see Dogecoin press on its charge towards the dollar.
PEPE price is back on track with new bullish forecasts
PEPE dashed the hopes of most traders in the cryptocurrency world last year when the token fell sharply after a stellar launch. So it was shocking to see PEPE maintain a profitable streak for a month in May. Now, despite the cooling of PEPE in early June, some investors are interested in the token.
The first signs of interest concern the trading volume pump. Last week, PEPE had seen a 38.5% spike in trading volume, leaving its price at $0.00001501 after hitting its all-time high. Although trading volume has declined since then, PEPE is still growing. The market capitalization is also increasing and it is safe to say that there is already considerable interest in investing in PEPE.
With all bullish signs clear, PEPE’s next stop could be at the $0.00002 level, although you can never be sure with a memecoin. PEPE might have some tricks up its sleeve.
But neither the Dog nor the Frog measure up to what the Rabbit has in store this month. Unlike them, Raboo seems to be more reliable and consistent with its profits.
Raboo will set new standards for memecoins
June is already gearing up for memecoin action, but that’s nothing compared to the war that would erupt as soon as Raboo launches. This is because existing meme tokens do not keep up with the expected standard of memes and Raboo will correct this issue.
So, its first port of call is to synchronize its community and generative AI. Under the plan, RABT users post meme-worthy content on their social media, allowing generative AI to harvest that content for meme creation. With AI, there will be no bad or repeated memes – they will all be fresh and new every day.
The next step is to start gobbling up other meme communities. The reward system for Raboo users who engage in meme creation will attract other memecoin enthusiasts, and before long, there will be a horde of memes to post every day. At that point, only the meme tokens that can keep up will remain. Others will join the Raboo party.
Conclusion
Raboo is a little ambitious, but that’s the spirit that most memecoins lack. By keeping an eye on the best crypto spots, users can be sure that the RABT ecosystem only wants to grow.
The best time to join a generational meme token is now. It is in phase 4; the tokens are worth $0.0048 and Phase 1 buyers already have a 60% profit.
Users can participate in the Raboo presale here. Reach out Telegram OR Twitter.
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