The bull run has hit a snag as anticipated profits for traders have taken a hit in the second quarter. High-flying meme coins like Dogwifhat (WIF) have seen significant losses, while Ethereum ETFs have yet to make the impact that was expected.
However, there have been some bright spots, with new launches like Raboo ($RABT) offering zero buy-and-sell tax and attracting investor interest. The meme token is promising more for its users, and it’s definitely one to keep an eye on.
Unfortunately, June hasn’t been a good month for Dogwifhat. The WIF price has plummeted, and the market sell-off has caused the token to lose 43% of its value in the past month. This has led to a mass exodus of WIF tokens from the market, with users moving their assets to exchanges.
On the other hand, the approval of Ethereum ETFs generated a lot of excitement in the crypto market. While the news of Ethereum being classified as a commodity caused a spike in the ETH price, it hasn’t been enough to offset the losses it has suffered over the past month.
Amidst all of this volatility, Raboo has emerged as a potential game-changer in the crypto market. The $RABT token aims to bring back the fun and entertainment of memes to the crypto-verse, and it has a unique approach to achieving this.
Raboo’s generative AI program, Rabooscan, will be creating fresh memes daily to keep users engaged, and participants will be rewarded for their contributions. In addition, Raboo is currently in the presale stage, offering an attractive 233% ROI for early investors.
With the potential for a 100x rally upon a major listing, Raboo is definitely one to watch. If you’re interested in participating in the presale, you can find more information on their Telegram and Twitter pages.
