The crypto seas are churning. The total crypto market cap has bled a whopping 8% in the past 30 days. This drop didn’t leave even the once-stalwart Toncoin
Cryptocurrency prices have taken a hit in recent times, with the total crypto market cap decreasing by 8% over the past 30 days. This downturn has affected even some of the more resilient cryptocurrencies, such as Toncoin.
Layer-two Polygon's MATIC has also seen a price decline despite its recent upgrade from MATIC to POL, which promised a hyperproductive era with a focus on utility and community.
In stark contrast to MATIC and Toncoin's price struggles, Raboo's presale has surged an impressive 90%, captivating crypto whales with its innovative AI-backed meme concept.
Toncoin (TON) Price Dilemma: TON Drops 22% as Crypto Whale Outflow Reaches 776%
Toncoin's struggles continue this month, with a 22% price drop that has dampened market sentiment. The cracks in Toncoin's facade began to show when Telegram CEO Pavel Durov was arrested by French officials in August. As a result, the Toncoin price fell below $5.
Onchain data from Santiment reveals a worsening crypto whale outflow, which is evident in the increasing on-exchange TON balance that indicates potential sell-offs. Currently, the Toncoin price trades at around $5.18, having experienced a 7.96% gain in the past 24 hours. It is worth noting that a break below the $4 support level could trigger a cascading collapse.
Polygon's Bold Move: MATIC to POL Upgrade Sparks Hyperproductive Era, But Price Stalls
Last week marked an important turning point in Polygon's scalability and innovation journey. Its highly anticipated upgrade from MATIC to POL promised a hyperproductive era that prioritized utility and community.
Despite the excitement, MATIC's price seems hesitant, with a 10.36% decrease in the past 30 days that has left crypto whales and investors puzzled. Over the last 12 months, MATIC has seen a price decline of 29% and now trades at around $0.3825.
Raboo's AI-Backed Rabooscan Innovation Promises to Revolutionize Meme Culture, Raises $2.4M in Presale
Raboo's presale has been a whirlwind of activity, with prices rising from an initial $0.003 to a current value of $0.0057. Experts still predict a 100x price increase upon exchange listing.
This enthusiasm is no coincidence, as Raboo is merging the worlds of AI and cutting-edge innovation in a way that's never been done before. Its first-of-its-kind Rabooscan AI tool is a key feature that has resonated with meme enthusiasts. With this tool, anyone can unleash their meme creativity, access the latest meme-worthy content, and connect with fellow meme lovers.
But there's more to it than just having fun. Raboo's post-to-earn program allows users to earn a passive income from their social media content. This pales in comparison to the upcoming opportunities for staking and NFT launches.
As a result of Raboo's astronomical rise, crypto whales have taken notice and are joining the bandwagon early. The presale has already raised an impressive $2.4M, with limited allocation being snapped up quickly.
Conclusion
Both Toncoin and Polygon have demonstrated their unwavering commitment to pushing the boundaries of blockchain innovation. However, their once-solid performance was not enough to withstand the bear claws.
In stark contrast, Raboo and its AI-powered ingenuity defied the odds. Its price is still at a tantalizingly low $0.0057, with an anticipated 233% increase before hitting the exchanges. So, you’re still early!
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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