Litecoin Hit $68 But Raboo’s Dazzling Moves Steal the Spotlight, Kaspa Left In The Shadows

The post Litecoin Hit $68 But Raboo’s Dazzling Moves Steal the Spotlight, Kaspa Left In The Shadows appeared first on Coinpedia Fintech News

Litecoin is largely seen among degen sectors as being past its sell-by date as a legacy crypto. Kaspa, meanwhile, has had some highlights in 2024 but hasn’t started off September on the right foot. The smart money is instead looking at a hot new meme coin, Raboo ($RABT), to recoup their losses and guide their portfolios back to the green. Raboo is redefining the meme coin format with its AI-driven platform and novel Post-to-Earn features. Could Raboo make good on its promise? Analysts believe so. Here’s why.

Litecoin price mirroring Bitcoin slump

The Litecoin price currently trades at the $62 level, where it remains range-bound since August. The current Litecoin price is about 3% down over the last week and 85% below its all-time high 3 years ago. Litecoin’s price action corresponds with that of Bitcoin, which peaked at just a shade under $74K last March, dropping below $50K in August, and currently trading at $54K. Litecoin holders could be in for more wailing and gnashing of teeth as Litecoin gets left behind by newer altcoins with higher price upside.

Kaspa takes a 13% dump to start September

Kaspa remains one of the year’s best performers, riding its momentum en route to minting new all-time highs at the beginning of August. Since then, Kaspa has been on a downtrend, recording an 8.6% loss in the past month, resulting in Kaspa trading at $0.15 as of press time. Despite the slow start to September, Kaspa has better prospects of breaking new all-time highs by the end of the year—although the potential for substantial gains has long gone.

Hot new meme coin Raboo hits the ground running with Stage 5 kickoff

Forget Kaspa and Litecoin—the action is focusing squarely on hot new meme coin projects like Raboo. Entering Stage 5 of its presale, Raboo token prices have already risen by another 19%, jumping from $0.0048 in Stage 4 to $0.0057 in Stage 5. Since its launch, early Raboo adopters have already gained over 90% ROI, with the AI-powered meme coin raising more than $2.4 million so far. The traction Raboo has gained is indicative of its potential to turn in a 100x gain this year, banking on its sophisticated blend of meme coin virality, Web3 utility, and AI functionality. 

Raboo isn’t just going for a garden-variety meme pump. It goes the extra mile by enabling $RABT holders to earn by creating fun-filled memes as well as rewarding them for spreading the word about Raboo. The payload of Raboo is its generative AI platform called Rabooscan. The latter uses sophisticated AI algorithms to gather the memeable content it scans and creates memes with proven viral potential. 

The development team behind Raboo has already laid out the core infrastructure components of Rabooscan with the collection and organization of data. The next phase will involve the development of the actual AI models that will power the Rabooscan tool. Raboo is at the cutting edge of meme coin virality and AI wizardry—and it’s on a trajectory to 100x. Don’t miss out on the best presale on the board.

You can participate in the Raboo presale here.

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