BOME Green But Meme Coin Moonshot Raboo Attracts DOGE Investors With 20% Flash Sale
Many eyes are currently on the meme coin market as BOME continues to improve in the face of a general market downturn. But what's even more exciting is that the fast-growing presale crypto Rabo ($RABT) recently introduced a 20% flash sale that is attracting even DOGE holders to the next sale. Let's explore more information about these exciting updates.
BOME out: 10% increase surpasses the crypto market
Meme's native currency, BOME, had an impressive run last week, increasing in value by 10.30%—up 0.70% from the overall crypto market. The price of BOME is currently $0.009269, and its market cap has risen to $639,731,583, according to crypto tracking platform CoinMarketCap.
In a recent analysis, BOME's Relative Strength Index (RSI) stands at 63.50. Although the price of BOME has risen rapidly and is on the verge of becoming “overbought”, this price indicates that there is a chance for BOME to rise further before hitting the decisive RSI threshold of 70.
Dogecoin in Free Fall: Investors worried as price crash below key level
The price of Dogecoin, currently at $0.117, has been declining recently as the current price has lost more than 9.6% in the past week. DOGE's price has fallen below an important technical indicator called the 50-day Exponential Moving Average (50 EMA). When the price drops below the 50 EMA, it indicates a bearish momentum shift. This raises concerns about Dogecoin's short-term outlook and price potential.
The inability of Dogecoin to maintain its price above the 50 EMA is a concern for some investors, although other altcoins are generally weaker. This failure shows that selling pressure outweighs buying interest in Dogecoin. As a result, DOGE is expected to decline further, making it an unattractive crypto to invest in.
Rabo's flash sales fuel pre-sale frenzy, with Tokenomics promising long-term value.
Rabo continues to show exactly why it is a good investment to invest in by how it has attracted a large number of investors to the platform, including Dogecoin owners. The presale token has reached an impressive $2 million milestone raised in the ongoing presale and is expected to earn more with an automatic platform bonus of 10% to 20% for promoting attractive flash sales.
In addition to the flash sale, Rabo Token's commitment to maintaining value and scarcity is believed to attract investors to the platform. Rabo has adopted a carefully designed Tokenomics model with a token burning mechanism. Unlike other cryptocurrencies that rely on an infinite supply, this method attempts to continuously reduce the number of $RABT tokens in circulation, increasing the token's value and ensuring its long-term sustainability.
Moreover, estimates suggest that when $RABT is listed on cryptocurrencies, the pre-sale crypto may increase by 100x. To witness such amazing increases, investors can participate in the pre-sale and buy $RABT for only $0.0048 per token.
Summary
The meme coin market is booming right now, with BOME showing a 10% increase, outperforming the broader crypto market. However, the real exciting story is the rapidly growing Rabo, with the recently announced 20% flash sale that has even attracted Dogecoin investors. Since Raboo has the potential to be 100x when listed on exchanges, savvy investors may consider participating in the pre-sale by buying $RABT at a very reasonable price.
You can participate in the Raboo presale here:
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