Analysts Review Meme Coins: PEPE, Raboo and BOME
- Binance shuffles $12M worth of PEPE tokens internally, no impact on bearish trend
- BOME stages a comeback;eyes another all-time high
- Experts recommend buying 100x RABT in its presale
- Conclusion
PEPE, Raboo, and BOME are experiencing positive developments that have not gone unnoticed. In response to these developments, some top crypto analysts decided to conduct a review to determine the potential outlook of the meme coins amid their respective developments.
Interestingly, while reviewing the potential of Raboo, the new presale coin, they predicted that it could surge 100x post-launch, considering its recent presale achievements and the hype surrounding the token. Let's dive into the details of these interesting meme coins.
Binance shuffles $12M worth of PEPE tokens internally, no impact on bearish trend
In June, Whale Alert, a blockchain tracker and analytics platform revealed the transfer of approximately 1.159 billion PEPE tokens, worth $12.34 million, to Binance, a prominent cryptocurrency exchange. Initially, the wallet address of the sender was unidentified, but it was later found to be a Binance wallet, indicating that the massive PEPE transfer was simply an internal move between Binance's wallets.
While such massive PEPE token transfers towards exchanges are often viewed as a bearish signal among investors, in this case, the transaction was not from an external large PEPE holder but between two Binance wallets. Despite that, PEPE remains bearish, trading at a current price of $0.00001122, which is around a 7.85% decrease over the past week.
BOME stages a comeback;eyes another all-time high
BOME, which is the short for Book of Meme, is an experimental Web3 platform that aims to redefine culture through various ways including memes and decentralized storage. In March this year, BOME drew significant attention when it rallied significantly to reach an all-time-high of $0.02805.
BOME, however, declined rapidly due to selling pressure. Fortunately enough, BOME began rallying again trading at $0.008867 as per a crypto data tracking platform, CoinMarketCap. Analysts believe that if the uptrend in BOME continues, it might reach another all-time-high before 2024 ends.
Experts recommend buying 100x RABT in its presale
With countless meme coins flooding the industry, Raboo, the new presale coin still stands out with its intriguing blend of blockchain technology with advanced AI and Social-Fi elements. Unlike other meme coins that lack real-world utility, Raboo is poised to transform the meme sector by taking down unworthy memes that have overwhelmed the sector and promote the best ones.
In a bid to incentivize the promotion of high-quality memes, Raboo plans to introduce a revolutionary zero-transaction-fee feature. The zero-transaction-fee feature removes fees from the buying and selling of the $RABT token, making it more accessible for meme creators and enthusiasts to participate in the ecosystem, and receive the best returns.
Due to Raboo's intriguing AI-backed ecosystem, it attracted numerous investors and has raised over $1.6 million selling $RABT. Raboo is currently in presale Stage 4 and one $RABT is selling for just $0.0048. It's advised that crypto enthusiasts willing to join the Raboo revolution should do so now in order to reap the full benefits of the presale token and its numerous use cases.
Conclusion
The review of the meme coins PEPE, Raboo, and BOME provides a mixed outlook. While PEPE experienced a large internal token transfer on Binance, which had no impact on its ongoing bearish trend, BOME staged a comeback after earlier declines, and analysts believe it could reach a new all-time high before the end of 2024.
Meanwhile the new presale token Raboo has generated significant hype and display interesting potential, with analysts suggesting it could see a 100x surge post-launch.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official