DOGE and BOME Holders In Awe Over Raboo’s Meme-tastic Presale Performance
This content is provided by a sponsor
/Raboo/ – DOGE is currently under strong selling pressure due to intensified activity from large holders, leading to a bearish trend while BOME has recently surged, surpassing key technical levels after a long-term correction. Meanwhile, the innovative presale token Raboo ($RABT) has seen over a 60% increase since Stage 1 and is now recommended as one of the best altcoins to invest in especially for DOGE and BOME holders seeking to offset their losses in 2024.
DOGE is under strong selling pressure, primarily driven by the intensified activity of large holders known as ‘whales.’ Recently, the short-term moving average crossed below the long-term moving average, signaling a bearish trend. This has created a supply-demand imbalance, as evidenced by on-chain data showing a peak of 1,032 transactions over seven days and 5.73 billion DOGE changing hands in the last 24 hours.
Despite the bearish signals, DOGE experienced a surprising 5.2% rise on July 26, highlighting its potential for a rebound. Historically, periods of heavy selling pressure can precede a bullish turnaround, with renewed investor interest in meme coins driving this dynamic. Analysts remain optimistic, noting DOGE’s resilience and strong community support.
The recent surge brought DOGE to retest key resistance8 levels, spurring bullish predictions from analysts. With DOGE currently hovering around $0.114 to $0.13, crypto analysts are now predicting potential gains if DOGE holds the $0.13 level and possibly reaches $0.3.
BOME Breaks Out, Setting Up for 100% Upside Potential
BOME is emerging from a long-term correction phase, marked by a breakout from a descending triangle pattern with a 15.50% bullish surge that pushed the price above the supply line and the 50-day EMA. Currently trading at $0.009334, BOME’s price action hints at the formation of a triple white soldier pattern, suggesting that a bull run may accelerate this week.
Technical analysis suggests that BOME could rise to between $0.01824 and $0.020, offering up to 100% upside potential in the short term. The coin, which has increased lately is also seeing a resurgence in interest due to its aggressive marketing and airdrop strategies.
With a current market cap of over $643 million, BOME stands as the 94th largest cryptocurrency, reinforcing its bullish outlook. While short-term targets include $0.015 and $0.028, an ambitious price target of $0.07 could be achieved over the next 6-12 months, presenting a substantial return on investment. Investors should prepare for potential pullbacks and avoid leveraged positions due to BOME’s volatility.
Raboo: The Biggest Ai-driven Meme Coin?
Raboo ($RABT) presale token, noted for its latest innovation in the world of cryptocurrency and blending state-of-the-art AI technology, has been tipped by analysts as one of the best altcoins to invest in right now. Raboo’s mission is to build a thriving and engaged community, essential to the continued success of the presale token which has surged by more than 60% since Stage 1 of the presale. Analysts predict significant growth, with potential returns of 100x this year.
Raboo offers a unique experience through its Rabooscan technology, which employs AI to explore and analyze memes across social platforms. This advanced tool collects data to generate new, AI-powered memes, keeping the content fresh and engaging. Additionally, we’re excited to launch exclusive branded merchandise, enhancing your connection to the Raboo brand and showcasing your enthusiasm with style.
With over 10,000 registered users, more than 3,000 token holders, and over $2 million raised, Raboo is making impressive strides highlighting the token as one of the top cryptos to buy in 2024. Currently running a flash sale that doubles the automatic stage bonus to 20% for a limited time, Raboo’s future goals include listing on Tier 1 exchanges and offering staking opportunities to reward loyal $RABT holders, ensuring a robust and rewarding future for the meme community.
Conclusion
DOGE is experiencing strong selling pressure from large holders while BOME recently emerged from a long-term correction, showing a significant surge and surpassing key technical levels. Also, the presale token Raboo tipped as one of the top cryptos to buy in 2024, is drawing interest from DOGE and BOME holders seeking recovery. With a low entry price of $0.0048 in Stage 4 of the presale, Raboo is set to maintain an uptrend in the crypto market.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
