Solana Holders Move Off Dogwifhat As New 100x Altcoin Continues To Leap To New Heights!

Solana has been a huge disappointment to many investors by not showing any signs of recovery over the past weeks, even after the announcement of the Solana Pay plugin. Dogwifhat has also been on a downward trend, with no evident signs of retracement. 

Raboo, however, has served as a knight in shining armor. Providing investors with an opportunity to make money. The new AI meme coin has shown great potential, performing well in its presales and attracting more investors. Keep reading to find out more. 

Solana price continues to decline despite pay expansion 

Solana price has been steadily declining for the past couple of months with no obvious signs of a reversal. However, the coin has tried several means to force a change. Earlier this week, Helio, a Web3 payment firm, released a broadcast on an update to a merchant-to-consumer payment solution called Solana Pay, on Shopify, a popular e-commerce platform. This was perceived as a major development to the Solana Pay Plugin as it provides a wider support for SOL tokens. 

Unfortunately, this improvement was not enough to put a stop to Solana price decline. Investors of the coin have in fact begun to look for alternatives as their expectations about Solana began to wane. According to coinmarketcap, Solana is currently trading at $125.75 which is the lowest it has been in so long. Its total market cap has also declined by 3% as a result of the continuous decline. 

According to some analysts, Solana token decline can be traced to the overall market pullback triggered by a recent decline in BTC, the dominant cryptocurrency. While there is no indication of a redemption, Solana is currently not in a good place. If the decline persists, more investors will begin to view SOL as one of the top coins not worth investing in. 

Dogwifhat: downward trend continues with no signs of recovery 

After falling by roughly 50% over the past thirty days, the WIF price is now trading at $1.59. Dogwifhat and other similar tokens have suffered due to the cryptocurrency market’s change of opinion toward meme currencies. 

First off, the Moving Average Convergence Divergence (MACD) indicator still indicates a bearish crossover for Dogwifhat, even though it occasionally exhibits symptoms of waning bearish momentum. This crossover raises the possibility that the bearish trend will continue and that Dogwifhat may experience more declines.

With a 30% decrease in the last seven days, DogWifhat hasn’t made any form of retracement. Investors are concerned about the potential for further losses and are currently looking to other coins as an alternative. 

Raboo presale performance attracts more investors

Meme coin Investors have discovered a noteworthy opportunity in Raboo, a ground-breaking coin focused on memes that never stops impressing with its distinct ecosystem and boundless potential. Even though it hasn’t launched yet, a lot of investors are already captivated with its unparalleled tokenomics architecture, which puts long-term sustainability first and anticipates a possible 100x increase in value after launch. 

Raboo’s unique feature is its tokenomics design, which provides a total supply of 1.8 billion $RABT tokens. Raboo is aiming to become a top 20 cryptocurrency and will look to challenge the likes of Shiba Inu, Dogecoin and Pepe. It operates under the Ethereum ERC-20 network, presenting an opportunity to earn while engaging with your community. 

The presale token launched at $0.003, but is now in its Stage 4 presale phase and is now selling for $0.0048 after raising over $1.6 million. Analysts expect the price of Raboo to grow 233% during the presale, and 100x on launch day. 

Conclusion  

Even though popular altcoins like Solana and Dogwifhat declined as a result of the general market downturn, people are still aware of the changes to Solana Pay and how they could revolutionize the e-commerce payment industry. On the other hand, because of its unique tokenomics and anticipated 100x growth potential, Raboo ($RABT) continues to be a viable investment option. 

You can participate in the Raboo presale here:

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