Altcoins
Solana Holders Ditch Dogwifhat as New 100x Altcoin Continues to Leap to New Highs!
Solana’s price continues to fall despite new developments, while Dogwifhat shows no signs of recovery. Raboo, however, attracts investors with its promising pre-sale performance and unique tokennomics.
Solana has been a huge disappointment for many investors by showing no signs of recovery over the past few weeks, even after the announcement of the Solana Pay plugin. Dogwifhat has also been trending downward, with no obvious signs of a retracement.
Raboo, however, served as a knight in shining armor. Providing investors with the opportunity to make money. The new AI coin has shown great potential, performing well in its pre-sales and attracting more investors. Keep reading to find out more.
Solana Price Continues to Fall Despite Wage Increase
The price of Solana has been falling steadily for several months with no obvious signs of reversal. However, the play tried several means to force change. Earlier this week, Helio, a Web3 payments company, released a broadcast about an update to a merchant-consumer payments solution called Solana Pay, on Shopify, a popular e-commerce platform. This was seen as a major development of the Solana Pay plugin as it offers broader support for SOL tokens.
Unfortunately, this improvement was not enough to stop the decline in Solana prices. Investors in the coin actually began looking for alternatives as their expectations for Solana began to diminish. According to coinmarketcap, Solana is currently trading at $125.75, which is the lowest it has been in so long. Its total market capitalization also decreased by 3% due to the continued decline.
According to some analysts, the decline of Solana tokens can be attributed to the overall market pullback triggered by a recent decline in BTC, the dominant cryptocurrency. While there is no indication of redemption, Solana is currently not in a good place. If the decline continues, more and more investors will start considering SOL as one of the top coins not worth investing in.
Dogwifhat: downward trend continues with no signs of recovery
After falling approximately 50% over the past thirty days, the WIF price is now trading at $1.59. Dogwifhat and other similar tokens have suffered from the cryptocurrency market’s changing sentiment towards meme coins.
First, the Moving Average Convergence Divergence (MACD) indicator is still indicating a bearish crossover for Dogwifhat, even though it is showing symptoms of slowing bearish momentum at times. This crossover raises the possibility that the downtrend will continue and Dogwifhat will see more declines.
With a 30% decline over the past seven days, DogWifhat has not made any form of retracement. Investors are concerned about the risk of further losses and are currently turning to other coins as an alternative.
Raboo’s pre-sale performance attracts more investors
Meme coin Investors have discovered a remarkable opportunity in Raboo, a revolutionary meme-driven coin that continues to impress with its distinct ecosystem and limitless potential. Even though it has not yet launched, many investors are already captivated by its unprecedented tokenomic architecture, which prioritizes long-term sustainability and anticipates a possible 100x increase in value post-launch.
The unique feature of Raboo is its tokenomics design, which provides a total supply of $1.8 billion RABT tokens. Raboo aims to become a top 20 cryptocurrency and will look to challenge the likes of Shiba Inu, Dogecoin and Pepe. It operates under the Ethereum ERC-20 network, providing an opportunity to earn while interacting with your community.
The presale token launched at $0.003, but is now in its Phase 4 presale phase and is now selling at $0.0048 after raising over $1.6 million. Analysts expect the price of Raboo to increase 233% during presale and 100 times on launch day.
Conclusion
Even though popular altcoins like Solana and Dogwifhat have declined due to the general market slowdown, people are still aware of the changes to Solana Pay and how they could revolutionize the e-commerce payments industry. On the other hand, due to its unique token features and predicted 100x growth potential, Raboo ($RABT) continues to be a viable investment option.
You can participate in the Raboo presale here:
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