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SOL Whale Abandons Ship to Bet Big on New AI Crypto Raboo ($RABT) After 100x Spike Projections This Year

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Release: 2024-09-09 03:23:10
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It’s no secret that crypto whales have the power to move markets. With tokens like Solana and Toncoin continuing to tumble, one SOL whale has bet big

SOL Whale Abandons Ship to Bet Big on New AI Crypto Raboo ($RABT) After 100x Spike Projections This Year

Crypto whales have been known to largely influence the movements of the crypto market. As some tokens, including Solana and Toncoin, continue to slide down in value, one SOL whale has opted to shift their capital into a new AI crypto, known as Raboo ($RABT). This decision comes as several projections anticipate a 100x spike in $RABT this year.

Solana’s price action fails to impress

Solana has been struggling in recent times, with the broader market uncertainty impacting its price. Despite this, SOL still retains its status as the 5th most valuable crypto, with a massive market valuation of $58 billion. However, some crypto whales have grown frustrated with Solana’s lackluster price action.

Being a high-speed and low-cost blockchain, Solana saw an epic climb earlier this year, surging from around $18 in mid-September 2023 to peak at more than $200 in March. But since then, it has largely traded within a range, dipping as low as $123. According to Bitcoinist, a Solana whale recently dumped almost $100 million in SOL, with some of that capital being directed into the ongoing Raboo AI crypto presale.

Solana still boasts strong fundamentals, with its total-value locked (TVL) continuing to rise and currently sitting at around $4.6 billion. But with the prospect of much greater gains, it’s no wonder many are being drawn to Raboo.

Raboo’s AI crypto could 100x

Nestled within both the AI crypto and meme coin sectors, Raboo is a new project that has taken off quickly. The Raboo presale has managed to garner more than $2.3 million to help fund the development of its proprietary AI tool, known as Rabooscan. Currently, it is in the closing stages of the 4th phase of its presale, priced at $0.0048 with a projected 173% left to climb. However, experts see this as minimal compared to the potential 100x gains when $RABT hits exchanges.

Raboo utilizes AI to scan and scrape the latest memes from across social media platforms, and investors will be able to create AI-generated memes. These memes can then be entered in regular contests for a chance to win huge prizes.

Combine this with a Post-to-Earn platform that promises a way for users to monetize their social media feeds, generous staking rewards and an exclusive upcoming NFT project, and it’s easy to see why crypto whales are flocking to Raboo. It has already secured the backing of a dedicated community and a green light from auditing firm SolidProof, setting it up for an explosive exchange debut soon.

Toncoin set to crash further

Much like Solana, Toncoin has also seen a continuous decrease in value over the past few weeks. TON is the native token of The Open Network, which is closely linked to the Telegram messaging app. While TON has risen up the ranks over the past few months—now being the 10th most valuable with a market cap of $11.8 billion—some of the hype has been fizzling out.

Some have pointed to the arrest of Telegram CEO Pavel Durov as a key reason for the shift in sentiment, while others argue that it comes down to a broader pullback and bearish technical price factors—such as a rounded top that can be seen on TON charts.

Whatever the reason, TON has now broken below its May low of $4.89, currently trading at $4.66 and significantly down from its June peak of $8.24. As $RABT tokens are set to sell out soon amid 100x price predictions, expect to see TON continue its decline in the coming weeks.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

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