The XRP price seemed set to end the month on a strong note–probably a bullish trend–but none of that will be happening now.
Cryptocurrency prices today: XRP gains slow as SEC meet dallies, Jupiter leads top gainers into new week
XRP’s price seems to be slowing down after a promising start to the week, and Jupiter leads the top gainers. But Raboo is stealing the show with its meme profits and long-term plans.
Ripple’s XRP token is slowing down after a promising start to the week in terms of gains. The SEC meeting is still on, but there have been delays in setting a date for the meeting.
As a result, XRP’s price is slowing down, adding only 2% to its value on Sunday. Holders are preparing for a spike, but the selling pressure on XRP is slowing the coin down, leading to only small gains.
However, predictions are still positive for Ripple, and FXStreet analysis shows that the coin could take liquidity at $0.57, allowing for a surge in XRP price to $0.66 in the coming weeks.
Solana’s Jupiter leads top gainers into the new week
The Solana-based decentralized exchange Jupiter is leading the top gainers this week, with its JUP token hitting 13% gains in the past seven days. We could also see more added to that, as a big week is brewing for the project.
Meow, the pseudonymous co-founder, has mentioned that the Jupiter project will overhaul its tokenomics after this week’s round of voting. That decision will only be official after so much discussion and, ultimately, voting, but Jupiter will be a top trending topic for the week.
A part of the impending change is a reduction of the circulating JUP tokens, as the team looks to cut about 30% of them. That sounds a lot like token burning, and every crypto old salt knows that’s good news for JUP in the future.
But will that be enough to overshadow the raging Raboo token? Most probably not!
Raboo: Meme profits, all for the long-term
What more could any meme enthusiast want? The current crop of meme coins leaves their meme makers in the background of affairs, seemingly caring more about rising through the ranks on the crypto market cap list.
While that’s excellent for any project, not everyone will be Dogecoin–the path to the top is never always smooth.
That’s why Raboo is cutting out a long-term plan for its project. The Raboo tokenomics indicates a project with longevity at the center of its concerns. Marketing for the presale and launch is supposed to take some 7.5%, while the presale places 63% of the supply in the hands of the community. There’s some 7.5% entrusted to rewarding active members who contribute their content to the meme creation process on Raboo.
And, like most meme coins these days, Raboo has 45 million coins dedicated to the burn event. Cutting down the vast token supply will become necessary, and Raboo wants to start work on it quickly to ensure Raboo holders get max profits.
And then there’s the Rabooscan software, a generative AI algorithm that sweeps through social media pages to gather meme-worthy content to be combined into relatable memes. The algorithm makes collecting memes easier while allowing for more creativity on the path of the meme makers, who will focus on sending out the best quality memes per time.
The long-term plans are great; the Raboo presale only makes the project irresistible.
Get in on the Raboo presale today!
For a limited period, Raboo will be offering its tokens with double the bonus for the current stage. Instead of a 10% bonus in Stage 4, you’ll get 20%, but only if you get the tokens during the promo period.
That’s locked in some buyers, but the other goodies are mind-boggling. The $RABT tokens are only worth $0.0048 at the moment, but investing $500 could offer you $50,000 in the next few months.
There’s a 100x spike coming when Raboo lists on a top-tier exchange, so brace for impact. Don’t sleep on this one.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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