Ethereum
Ethereum is rising again, crossing $3,000. Why does Raboo fly away and Rooster Inu disappear?
Ethereum’s recent spike to $4,000 led to a sharp correction that sent Ether falling to its all-time high. current position at $3,029. Despite the SEC’s delay in approving Ethereum spot ETFs, 200,000 newly created Ethereum addresses sparked a bullish resurgence for Ether as Coq Inu’s previous momentum faded.
Aside from Ethereum and Coq Inu ETFs, Raboo is now expected to be the next big crypto after raising over $1 million during its current pre-sale. Experts predict a Rally 100x upon launch.
Upcoming Ethereum ETFs Prepare Ether for a Bullish Resurgence
Ethereum recorded its largest single-day wallet growth record in over two years after reports of nearly 200,000 new addresses online. Ethereum’s growth has also seen other crypto projects recover as excitement around possible approval of Ethereum ETFs has dominated headlines. Market analysts predict an imminent bullish resurgence given the recent growth of wallet addresses on the Ethereum network.
Certainly, the value of Ether could have fallen below $3,200, and the late approval of Ethereum ETFs could have caused some skepticism about Ethereum’s performance. However, market indicators suggest that the downward pressure is slowing.
Coq Inu loses previous momentum with a 37% drop
Rooster Inu (COQ), a community-run coin on the Avalanche network, quickly gained momentum when it launched in December 2023. Rooster Inu expanded the range of animal-inspired coins with a coin chicken-themed coin that was poised to become the next big crypto project. Just after its launch, Coq Inu soared over 2,800%, accumulating a market capitalization of over $200 million and a daily trading volume of $46 million.
However, given the highly speculative nature of meme coins, the price of Rooster Inu has fallen more than 60% from its all-time high, with a 37% decline recorded over the past 30 days. Additionally, the creators of Coq Inu have disavowed the project with a disclaimer on their site stating that the meme coin has no intrinsic value.
Raboo Presale Gains Momentum, Making $RABT the Next Big Cryptocurrency
Raboo is poised to become the next big cryptocurrency in the meme market and plans to establish a social-fi ecosystem which allows meme enthusiasts to win with AI-generated memes.
Raboo changes the narrative with a new AI Coin which aims to foster a strong community of meme enthusiasts. From launch, members of the Raboo community will benefit from the platform post gain system and win rewards and gifts from fun meme generating activities.
The total supply of Raboo stands at $1.8 billion and of this $1.134 billion, RABT tokens are reserved for the ongoing presale, which has already raised $1.2 million. With an expected bullish resurgence, Raboo increased its value to $0.0042 from $0.003.
Conclusion
Once approved by the SEC, Ethereum ETFs could spark another bull rally that could rival the previous wave of meme coins like Coq Inu. Raboo is already emerging as the next big crypto project, with expert analysts predicting a 10,000% rally once $RABT launches on major exchanges.
You can participate in the Raboo presale here.
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