As crypto prices continue to make new highs, investors are loading up their crypto wallets with two projects in particular—BNB and Raboo. After jumping above $600, many think BNB could rise to new yearly highs. Meanwhile, Raboo’s crypto presale token is already up 90% ahead of a potential 100x run later this year. Dive in to find out why both projects could be the golden ticket to gains this year.
BNB could smash $700 soon
BNB is well-known as the native token of the Binance exchange, the world’s largest exchange that regularly sees tens of billions in volume. It’s unsurprising then that BNB is the 4th most valuable crypto project by market cap, currently valued at a massive $82.2 billion.
Recently, BNB topped $608, the first time it’s broken through the $600 barrier since July. Many attribute its bullish run to a combination of a recent Federal Reserve interest rate cut and increasing demand inside Binance’s ecosystem. BNB is used for discounted trading fees on Binance, the exchange’s launchpad projects, and the Layer-1 network BNB Chain, so the recent broader crypto bullishness has undoubtedly helped it cross $600.
With BNB up 8.3% in the past 30 days—factoring in a 7.1% decline in the past week—some analysts think BNB could rise even further, potentially crossing the $700 mark by the end of 2024. BNB briefly crossed over $700 in June, hitting $720, before tumbling to below $500 in August. Priced at $562 today, investors adding further BNB to their crypto wallets could lead to a big breakout.
Raboo spikes 90% after $2.5 million raise
With prices rising from BNB to smaller altcoins, it’s fair to say Raboo has seen its fair share of attention recently. Raboo’s crypto presale has generated a lot of excitement after a 90% surge to $0.0057, up from its original price of $0.003. This boom follows the project hitting the $2.5 million milestone, with thousands joining the presale anticipating a moon-bound breakout.
Raboo is centered at the crossroads of the meme coin, AI crypto, and SocialFi sectors. It uses AI technology through Rabooscan, a tool that hunts down new memes from social media and offers a way for users to monetize their meme-making creativity. Thanks to Raboo’s meme generator, investors can create side-splitting memes and enter them into regular contests for the chance to earn huge rewards.
The Post-to-Earn platform also incentivizes users to spread the word of Raboo by sharing their memes on social media in exchange for $RABT tokens. It’s a community-driven approach mirroring that of titans like Bonk and Shiba Inu, and one that analysts think could drive a 100x run when $RABT hits major exchanges.
These are just two aspects of Raboo’s profit-filled ecosystem. Staking rewards will offer a passive income, while an upcoming NFT project could provide a double-whammy of gains for early backers. Then there’s a deflationary token-burning mechanism and no buy or sell taxes, each designed to boost the value investors get from $RABT.
Given the projected 143% further rise in Raboo’s crypto presale, its relatively low entry price, and the possibility for explosive growth this year, $RABT looks set to be one of this year’s breakout stars. The next presale stage is around the corner, and tokens may never be this cheap again—don’t sit on the sidelines.
You can participate in the Raboo presale here.
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Twitter: https://twitter.com/Raboo_Official
