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FUD is all the rage in the current crypto market as token holders brace for double-digit losses. Bitcoin’s mass sell-off has seen its price dip to lows of $57,800 as other leading cryptocurrencies plummet. Compared to last month, sales of NFTs have also declined 41%.
Raboo’s ($RABT) crypto ICO, however, is booming, with $RABT surging over 60% from its presale entry price of $0.003 to a price of $0.0048. With over $2 million raised weeks after the presale’s launch, $RABT is tipped to rally a further 100x on launch day.
The sale of NFTs dips over 40% as FUD spreads across the crypto market
As fear, uncertainty, and doubt spread across the crypto market, the global non-fungible token niche continues to languish as floor prices across NFT marketplaces drop. While the last few months have seen a slight resurgence of hype and excitement about NFTs, recent reports indicate that NFT sales in August are down 41%.
Ethereum, which was once the top network for trading NFTs, has been hit the hardest by the current wave of FUD as NFT sales volumes dip 36% from July. Further fuelling the decline of NFTs includes the recent notice from the SEC to OpenSea on selling NFTs as unregistered securities. An increase in Ethereum’s network fees has further pushed capital out of the NFT market. It remains to be seen whether NFTs will recover. Analysts forecast a prolonged bear trend for NFTs.
Raboo’s crypto ICO raises over $2 million as $RABT surges over 60%
Raboo’s $RABT has gained over 60% from its entry price at the start of the presale when it was valued at $0.003 to its current rate of $0.0048. Raboo’s crypto ICO has amassed the support of meme enthusiasts and investors who have raised over $2 million in a brief spell.
While the rest of the crypto market remains highly volatile, Raboo is on track to launch the next top meme coin, fostering a strong community of meme lovers. Raboo’s platform goes beyond your typical meme coins to integrate generative AI, where meme enthusiasts can use Raboo to generate funny and trendy memes.
Introducing Raboo’s Rabooscan, which is the platform’s exclusive generative AI content machine that searches social media to generate fresh memes on the latest trending topic. Raboo users can use Rabooscan to create and monetize memes and posts, thus earning passive income.
Beyond the camaraderie of humorous memes, Raboo’s crypto ICO also brings massive gains to $RABT holders as the platform will feature a token burn event that will deliberately remove $RABT from circulation for potential value increase. With only 63% of Raboo’s 1.8 billion tokens up for grabs during this crypto ICO and 85% already sold in Stage 4, now is the perfect time to join Raboo’s crypto ICO and become part of the movement.
Conclusion
Raboo’s crypto ICO has seen $RABT outperform most of the tokens in the crypto market, including NFTs. Forecasts from analysts predict further growth for $RABT by up to 233% before the presale ends, with an additional 100x rally on launch day. Upon its launch, Raboo has the potential to become the biggest AI-powered meme coin in 2024.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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