Once named the hottest new crypto, the Solana meme coin Bonk is back in the news after jumping nearly 50% over the past four weeks. In anticipation of a further meme coin breakout, Bonk fans are now turning to Raboo, expecting a similar trajectory to BONK’s early 2024 run.
With this new AI meme coin’s presale smashing $2.5 million, it’s time to find out why BONK investors love $RABT.
Bonk pushes higher amid growing bullish sentiment
After a debut on the Solana blockchain in late 2022, Bonk quickly shot to mainstream attention thanks to a massive airdrop rewarding the Solana community. Nearly 50% of Bonk’s total supply—50 trillion tokens—was distributed to contributors, artists, and NFT collections, putting Solana itself back into public discourse.
Following a relatively quiet 2023, BONK began to rise toward the end of the year, moving from around $0.0000002 in October to over $0.00004 by March, Bonk is up over an impressive 22,000% since its official launch. Nowadays, it ranks among meme coin titans like Dogecoin and Shiba Inu, holding a market cap of $1.7 billion as the 50th most valuable crypto project.
This Solana meme coin’s community-based momentum has helped Bonk remain relevant in 2024. Despite a fall to $0.000015 in early September, BONK is now up to $0.00002475 and has seen an almost 50% boom in the past 30 days. With Bonk’s ecosystem steadily growing, including a decentralized exchange, Telegram trading bot, and a decentralized autonomous organization (DAO), many see a similar path unfolding for Raboo in the coming months.
Raboo’s AI-driven ecosystem proves a hit with Bonk fans
Raboo is fast becoming one of the hottest new cryptos of 2024 after smashing the $2.5 million milestone in its ongoing presale. It’s now in the 5th stage, with $RABT’s price already surging 90% from $0.003 to $0.0057. Analysts forecast a potential 143% left to rise, but many see it following in Bonk’s footsteps and recording 100x gains, or more!
Like Bonk, Raboo is focused on building a huge community—one of the largest meme-based communities in Web3. Similarly, it’s developing an entire ecosystem designed to attract investors and sustain long-term value.
This ecosystem is part of the growing SocialFi and AI crypto spaces. Raboo integrates a native tool known as Rabooscan, which enables it to scan and feed memes from social media into its own meme-generation tool.
Investors can then channel their creativity into making the funniest memes, entering them into regular contests for a chance at earning extra $RABT tokens. There’s also a Post-to-Earn program, which enables users to share these memes with their followers and earn rewards.
Recently, the Raboo community has been buoyed by news that the team is now moving on to the AI model development phase. This transition comes after a months-long data-collection process, indicating a team ready to deliver real value to investors.
Future plans for Raboo include generous staking pools, NFTs, and a token-burning mechanism designed to sustain $RABT’s long-term price appreciation. Factoring in no buy or sell taxes and a smart contract audited by SolidProof, Raboo’s goal of becoming a top 20 crypto and challenging the likes of Dogecoin, Shiba Inu, and Bonk, looks increasingly likely.
With such strong potential to 100x, Raboo could soon become a mainstream sensation—be sure to check out the presale while tokens remain highly undervalued.
You can participate in the Raboo presale here.
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