Following the recent approval of the ETF, Ethereum is on the verge of reaching its all-time high (ATH). While many cryptocurrencies have experienced a surge in value, older and underperforming tokens like Tron have fallen behind. As a result, Tron token holders are opting to exchange their TRX for Raboo’s new meme-fi AI token during the current presale.
Ethereum (ETH): Approaching its All-Time High
Back in November 2021, Ethereum came close to reaching its all-time high at just under $5,000. With the ETF approval, it is now highly likely that Ethereum will surpass its ATH within the next month or six weeks. The Ethereum ETF has already accumulated $11 billion in assets, solely in the Grayscale wallet. It is estimated that the Ethereum ETF market has already exceeded $50 billion, with additional funds pouring in daily.
Given the current market trends, it is not far-fetched to believe that once the Ethereum ATH is breached, it could potentially double or even triple in value before the end of the year.
Tron (TRX): Losing Ground due to Lack of Focus
Tron was initially a promising concept aimed at decentralizing the internet. However, it lost focus along the way and is now paying the price. Instead of achieving its original goal, Tron has become a platform for fan coins that hold little value. While its portfolio may seem impressive, its market performance tells a different story. In the past month alone, the Tron price has dropped by 5%, making it one of only two top-15 tokens to experience a decline during this period.
Tron has managed to maintain its position within the top-15 tokens, but only just, as it slipped behind Chainlink. With the Tron price showing no signs of improvement, investors are seeking alternative opportunities.
Raboo (RABT): Presale Token with the Potential for 100x Returns
Raboo is a unique meme coin that combines cutting-edge AI-driven technology with the popular culture of memes. It is built on a DeFi staking protocol that allows investors to earn passive income. This distinctive combination has made Raboo a phenomenon within the cryptocurrency sphere. Additionally, Raboo offers an NFT marketplace for those looking to enter the gaming market.
With deflationary tokenomics supported by a limited supply and token burns, Raboo is almost guaranteed to increase in value. By merging the appeal of meme culture with the solid tokenomics of established tokens, Raboo’s presale has garnered significant attention from the market. Currently in its third phase, the presale has already generated over $1.5 million in liquidity from nearly 7,000 subscribers and over 2,000 token holders.
Conclusion:
Given the downward trajectory of the Tron price, it may be wise to abandon ship and explore more sustainable and profitable tokens. While investing in Ethereum as it approaches its ATH is a viable option, participating in the third phase of the Raboo presale offers the potential for explosive growth and the best returns this investment season. Raboo ($RABT) tokens are currently available at $0.0042.
To participate in the Raboo presale, click here.
Join the Raboo Telegram group here.
Follow Raboo on Twitter here.
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ETH
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