Memecoins
Meme Coin Price Predictions 2024: Dogecoin, Raboo, FLOKI
The $62 billion meme coin market is experiencing a lot of changes currently, and investors are clamoring what the future holds for interesting meme coins like Dogecoin, FLOKI, and a new pre-sale coin known as Raboo (RABT).
All eyes are on Raboo, thanks to its notable achievements such as registering over 8,000 meme enthusiasts on its platform and raising over $1.8 million in the ongoing pre-sale. Let’s explore what experts have to say about the future trajectory of DOGE, FLOKI and $RABT.
Dogecoin Approaches $0.14 Support Zone, Analysts Warn of Continued Decline
Over the past week, Dogecoin has seen a price drop of around 11%. DOGE price is currently, at $0.1428, just below $0.15 resistance level. With DOGE still falling, it is approaching the $0.14 support zone. According to analysts, if Dogecoin breaks out of this support zone, the meme token could fall further, making it an unfavorable cryptocurrency to invest in.
FLOKI Price Prediction: Analysts Say The Token May Rally Soon
Influenced by strong selling pressure, FLOKI has fallen by 29% in the last 7 days. Despite Floki’s bearish condition, major cryptocurrency news and analysis platforms such as Changelly still maintain a bullish outlook for FLOKI. The platform predicts that the price of FLOKI, which is currently at $0.0002119will likely rise to $0.0002278 before the end of 2024.
Raboo Rockets: Pre-sale surge and 100x post-launch prediction fuel bullish frenzy
Considering its recent achievements, such as raising over $1.7 million and increasing 60% in presale, Raboo has continued to elicit bullish predictions from crypto analysts. One of these predictions includes a potential 233% increase in the pre-sale coin by the end of the pre-sale and a potential 100x increase when the meme coin launches.
One of the main reasons why analysts are bullish on Raboo is due to its robust and attractive tokenomics, which aims to implement a unique feature called token burn. Token burn is designed to reduce the overall supply of $RABT tokens, potentially increasing the scarcity of the token and increasing its value.
Another interesting feature aimed at increasing the value of $RABT is the zero tax structure that Raboo intends to implement. With this feature, investors can buy, sell and send $RABT tokens without incurring additional costs.
Raboo’s presale is still ongoing, with its presale tokens currently selling for $0.0048 each – a ridiculously cheap offering for a coin that has the potential to skyrocket 100x.
Conclusion
Considering the current situation that FLOKI and DOGE are currently facing, analysts believe that the current downturn in these cryptocurrencies could persist, leaving investors looking for a better cryptocurrency to invest in.
In the meantime, Raboo is expected to remain in the spotlight, as it has already raised over $1.7 million in pre-sales and is expected to raise up to 100 times its launch price, thanks to its unique tokenomics and fee-based structure zero. Investors are eagerly awaiting the launch of Raboo, which could put it in competition with DOGE and FLOKI.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official