Memecoins
Raboo (RABT) Enters Pre-Sale Phase 3, Book of Meme (BOME) and Dogwifhat (WIF) Rise as Meme Coins Market Cap Rises
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Raboo announces the start of the next pre-sale phase, publicly available
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The meme coin sector is showing signs of life, with its market capitalization rising 4.3% in the past 24 hours. Trading volumes have increased by 152% in the same time frame, with investors rushing to find the most interesting meme coin to invest in. Solana meme coins are all the rage, with dogwifhat and Book of Meme hitting all-time highs. However, smart money is not betting on either meme coin. Book of Meme and dogwifhat, after all, each have market capitalizations in the billions.
Book of Meme has rallied 11% in the last 24 hours
Book of Meme was one of the most hyped meme coins on Solana before its launch. Its native token, BOME, soared to all-time highs in price and market capitalization just days after Book of Meme launched in March. This was followed by a major correction in early May, which spooked investors. However, Book of Meme recovered 11% in the last 24 hours, signaling a potential resumption of work. Book of Meme aims to create a digital archive of Internet memes, creating an online meme museum that serves as its core value proposition.
Dogwifhat will look to regain momentum in May
dogwifhat was one of the biggest gainers of 2024, reaching a new all-time high of $4.85 on March 31. Its native token, WIF, has since risen to the top of the major meme coins by market capitalization. As of this writing, dogwifhat was trading at $3, with a market capitalization of $3 billion. The dog-themed meme coin was the most popular meme coin on Solana until it bottomed at $2.30 in early May. Analysts believe that dogwifhat may still have plenty of room to reach new all-time highs in 2024. However, dogwifhat’s upside is limited to a 2x to 5x gain due to its market capitalization which has already grown substantially.
Raboo regains strength
Raboo hasn’t launched yet but is already trying to capture the attention of memecoin investors. Raboo adds a twist to the meme coin format by adding a pinch of AI and SocialFi mechanics. The core of the Raboo ecosystem is its RABT token, which rewards holders for creating and distributing memes. Social media experts can leverage their skills into real rewards through Raboo’s post-earnings mechanism.
Entering Phase 3 of the pre-sale, Raboo tokens are available to anyone who wants to join the emerging meme ecosystem as soon as possible.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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