Despite many predictions of a severe bearish period ahead for Ripple (XRP), the XRP price has held up remarkably in the past three months. It constantly hovered around $0.47 during that time but the case is different for Dogecoin (DOGE).
Volatility is fast becoming an identity for meme coins, but good news: there is a new meme project that's committed to fixing the dying reputation of meme coins.
Raboo ($RABT) is all for quality memes and the integrity of the meme coin sector. $RABT tokens are also packing dream profits in the presale, and we have more information on what you stand to gain if you invest now!
Latest updates on Ripple vs SEC and the XRP price
Ripple has endured a long legal battle with the SEC for about two years, and the XRP price has suffered for it. Sometime in 2023, XRP surged and almost hit the dollar mark, but the fear of a negative court ruling on the path of investors brought the XRP price down to below $0.50.
We are seeing yet another scenario unfold right now, as District Judge Amy Jackson rejected the SEC's assertions of Ripple being a security. The decision came in on Saturday, and the XRP price rose by 0.28% to close the day on profits.
The MACD indicator on the Ripple charts has turned green, a clear sign of bullish momentum. With the announcement, more investors will come back to the Ripple club, and the buying pressure could spark a bullish price reversal. How long this momentum will last could depend on the next development from the case.
Dogecoin can't keep up with meme surges
The meme coin sector is one of the most profitable in the crypto market, but the Dogecoin price has not made any remarkable movements. The pioneer meme coin looked like the best crypto to buy at the start of the Bitcoin halving. But like many altcoins, DOGE is already lagging.
DOGE is 42% down from its highest point in 2024, indicating one of the worst declines this year. The token spent most of the past week deep in bearish waters, attempting rebounds without recording much success. The futures markets aren't looking good either, as Dogecoin's open contracts are valued at $578 million, from a year-high of about $1.9 billion.
CryptoNews points out that the Dogecoin price is currently below its 50-day and 200-day exponential moving averages. If a death cross forms, DOGE could land at its psychological support level at $0.10.
Meanwhile, Raboo is planning to oust the underperforming Dogecoin in mere weeks. How? Raboo's plans are stated below.
The Raboo revolution starts soon.
Raboo is bored with the quality of memes in the crypto market, and it can only see a revolution as the way forward. By bringing in high-quality memes, the $RABT project will force other meme tokens to put more effort into meme creation.
Regarding quality, Raboo is introducing AI to the meme-making process. With its Rabooscan program in place, the task of looking for fresh, memeable content is eliminated. The AI will scour user socials for meme-worthy images, videos, and GIFs and combine them into fresh, funny memes.
Meme tokens nowadays often recycle their old memes, which is why the new memes are no longer entertaining to traders. With Raboo, the memes come fresh, and with human involvement, you still get relatable funny jokes.
Concerned about security? Raboo is launching on Ethereum's network and has their smart contracts audited by SolidProof. Blockchain security and automated smart contracts ensure that users alone are in complete control of their accounts and assets.
Conclusion
Investing in Raboo is an investment for lifelong gains, as the integration of AI places $RABT tokens at an advantage for growth as soon as it launches.
The $RABT tokens sell for $0.0048 each, and the presale will offer 233% profits. That's different from the big catch to be expected when Raboo hits the major exchanges.
A 100x pump is on the way; all you need to join in is get some $RABT tokens today!
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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