- Three Months of ETH Price Decline
- DOGS Follows ETH with Small ROI
- Raboo (RABT) Set for Significant Growth
The year 2024 began with the approval of Bitcoin and Ethereum ETFs, temporarily boosting the crypto market before an overall downturn. The ETH price dropped by 36% over three months, with DOGS memecoin also falling by 35% in 30 days. Meanwhile, the new meme coin $RABT surged by 90%, gaining support from meme enthusiasts and investors.
Three Months of ETH Price Decline
Ethereum continues to lead the altcoin market with $43.5 billion TVL, more than half of the $75.5 billion total TVL of all chains. Despite its dominance, ETH price has been showing negative performance for several months. Since June, ETH has fallen below $2.4k, recently dropping to $2.2k according to Binance data, making up 11% losses over the past month and 36% over 90 days.
DOGS Follows ETH with Small ROI
DOGS, a new meme coin in The Open Network (TON) ecosystem, launched at $0.00054. After a 100% rally, the price sharply dropped to $0.0016, resulting in a 37% decline from its peak. By September 9th, DOGS price settled at $0.0010, as attention shifted to presale meme coins like $RABT.
Raboo (RABT) Set for Significant Growth
The Raboo ($RABT) presale is attracting meme enthusiasts and crypto whales. In stage 5 of the ICO, over $2.4 million has been raised, with the token price rising by 90% from $0.003 to $0.0057. Analysts predict a 233% ROI during the presale and up to 100x upon launch. The Raboo platform offers a MemeFi model that allows users to monetize meme content.
ETH price continues to decline, and DOGS failed to meet expectations. Meanwhile, Raboo is positioning itself in the meme market with promising returns on investments upon launch.