In the crypto market, volatility could make or break investments. It could pump your portfolio or slash your capital. But veteran investors have mastered the art of beating volatility by doing their research on new exciting projects, and knowing when to move on from volatile coins.
Avalanche (AVAX) is underperforming, and it’s hard to figure out what direction the AVAX price could take. Investors are shifting their focus to a new meme coin, Raboo (RABT). With an expected 10,000% ROI a few months after its presale, Raboo is attracting investors from all over. Analysts say this new cryptocurrency could even overtake PEPE to be the best-performing meme coin of the year.
Nobody is sure what’s next for AVAX
In 2017, investors were thrilled to buy into AVAX. It had so much potential as it promised to change the way we handled smart contracts. And so far, AVAX has done impressive feats, amassing a market cap of $11 billion since launch.
However, with recent developments, AVAX has lost its mojo. Despite trading at 4.65% weekly gains, the AVAX price has fallen 24.7% on the monthly price trends, with sharp intraday turns in AVAX price movements on the price charts.
While many experts agree on the likelihood of more bearish trends on AVAX price, there are divided opinions on how AVAX can be salvaged from its present predicament. AMBCrypto analysts believe AVAX price could come back to life and may have to break well above the Ichimoku cloud.
It’s still uncertain what might become of AVAX, but one thing is sure: investors do not want to wait to find out at the expense of their portfolios.
PEPE: Top meme coin, just not so reliable
For some time now, PEPE has been the darling of the meme coin sector. The meme coin leader has earned a reputation as one of the top coins in the crypto market, and it, in fact, set a new ATH about a month ago.
While PEPE has recently recorded significant gains, the meme coin has also been fingered by many analysts as quite volatile, largely because PEPE, like most of the meme coins in the crypto market now, are boring and don’t offer any serious use cases. The results are there on the price charts.
PEPE is currently trading at $0.00001229, which is about 8.5% on the weekly trends. But when you consider PEPE’s daily and monthly loss of 0.85% and 22.74%, respectively, you’ll understand why some investors might want to look for better alternatives.
Raboo: Viral new PEPE competitor set to hit the crypto market
The meme coin market is saturated with not-so-funny characters cosplaying as meme coins with fake promises of being the next best thing despite lacking in quality. Raboo is different, and it is coming into the meme game with an entirely different strategy that would benefit its users and the meme-verse.
Raboo will adopt AI technology to weed out unworthy memes and promote only those truly worth their weight. This approach has quickly won the hearts of many investors who will be supporting Raboo’s Rabooscan AI in its journey of ‘quality memes only.’
Rabooscan goes through social media platforms to pick out the best memes and rewards the creators via its post-to-earn feature.
Another feature of Raboo that is attracting investors is its exclusive NFT. Raboo presale holders get exclusive NFTs as rewards for being early birds. This exclusive NFT will give holders access to some interesting features and other perks that will be unveiled later on.
Raboo is already making groundbreaking moves in its presale, raising over $1.8 million so far. This new cryptocurrency is ready to unseat PEPE, and it’s only a matter of time before it becomes a top meme coin.
Conclusion
As AVAX holders ditch Avalanche in search of greener pastures, Raboo is the next best destination. The new cryptocurrency has what it takes to rival and even displace PEPE in the long run.
$RABT tokens are currently in Stage 4 of presales, and it’s not too late to join as the coin is still pegged at $0.0048 only. With its innovative inclusion of AI in meme creation, experts are predicting a post-launch rally that could see the $RABT price spike by 100x.
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.