The story of the crypto DeFi market is nothing short of a wonder. Worth close to nothing under five years ago, it has grown into an industry worth tens of billions.
Top market players like Uniswap have millions of active users, with billions of dollars locked in its liquidity pool. Upcoming players like Ondo are also generating attention, pushing the Ondo coin price to new heights.
This creates a warm environment for coins like Raboo to thrive. Raboo is a brand new crypto project brimming with potential and ambitions to become a top 20 coin by market cap. Its presale has raised over $1.6 million from investors, and experts predict the coin to make a 100x gain in 2024.
Raboo: Flying to the moon on DeFi market wings
The interesting thing about the DeFi market is that it opens doors of access to upcoming, relatively unknown crypto projects. A few years ago, new projects had to pay centralized exchanges substantial amounts of money to be included on their platforms. Today, any new projects can be deployed on any decentralized exchange in the DeFi market.
By lowering the entry barrier for new projects, the DeFi market introduces fairness and equality, with the success of new projects depending on the innovative value they offer. And Raboo has values in droves.
Raboo debuts in the meme category, but unlike thousands of meme coins, it is not a derivative of DOGE. Apart from having a fun, playful meme theme, it also uses SocialFi and AI to create a hub for crypto meme lovers. The strong community is held together by an incentive to earn by participating in community activities.
Users are rewarded with new tokens as well as NFTs generated by its cutting-edge artificial intelligence. The project is currently in presale Stage 4, with tons of investors warming up to it.
The token, $RABT, has appreciated 60% while the project is still in presale. It is set to skyrocket even higher before the year ends, with the expectation of a 100x gain for early investors.
Uniswap (UNI) leads the DeFi market surge
Uniswap is one of the biggest players in the DeFi market. It onboards tons of crypto users, and as a result, UNI has returned large profits.
UNI is up over 100% on its annual chart, and over the last month it’s appreciated by 19%. The token currently trades for $9.51, which is a 6.7% increase over the last week. This is a testament to Uniswap’s robust community support.
Without a shred of doubt, UNI, being a top 20 coin by market cap, Uniswap will keep attracting investors. And this could further pave the way for Raboo.
Amazing Ondo coin price rally stutters
Despite not being at the top of the DeFi market food chain, Ondo coin has been pulling its own weight. Since it was launched, ONDO has been on the ascendancy, hitting a high of $1.48 in the middle of June.
The Ondo coin price currently stands at $1.10, and although this is an impressive 17% gain over the last month, Ondo has experienced a 6.4% drop over the last weel. This suggests the price rally of ONDO might be short-lived and near its end.
However, the token still boasts a $1.5 bn market cap, which would make it easier for Raboo to thrive.
Conclusion
The DeFi market is here to stay. This is evidenced by the impressive rally of the Ondo coin price, and Uniswap seems to be leading the charge. This creates a warm environment for Raboo, a new meme project with innovative utilities to thrive.
As a result, Raboo is the go-to token for ambitious investors today. Now, in presale, it is available for $0.0048 and promises 100x gains for early investors once it launches on exchanges.
You can participate in the Raboo presale here.
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