The market is full of fear as Bitcoin’s price enters a season of heightened volatility. Bitcoin’s price failed to establish critical support above the $60K region and has now settled at a price around the $56,000 mark. DOGS holders have not been spared since it has seen a 22% drop in the last seven days.
Raboo ($RABT), on the other hand, has been labeled the best crypto to buy now as its presale gains momentum with over $2 million raised. $RABT is tipped to surge an extra 100x in addition to the 60% uptick it has registered since the start of the presale, which is estimated to accumulate a whopping 233% ROI.
Analysts have set short-term targets for Bitcoin’s price at $51,500
Bitcoin’s price decline has triggered a ripple effect across the market as analysts forecast a further decline to lows of $51,500. While some point out that the pioneer cryptocurrency has hit its downside targets, others are advising BTC holders to sell.
Following Bitcoin’s price decline, the best crypto to buy now includes emerging tokens currently in their presales, such as Raboo. Most legacy cryptocurrencies have registered sharper declines than Bitcoin’s 5.75% dip in the last seven days.
DOGS holders brace for a downturn after DOGS 22% drop
With Bitcoin’s price dropping and an overall market-wide bearish momentum, DOGS holders have not been spared. The dog-themed meme coin built on TON’s blockchain registered a 22% drop over the last seven days, as TON’s blockchain congestion stalled the DOGS airdrop campaign. TON’s blockchain has seen Telegram’s legal troubles weigh heavily on its performance after surpassing 1 billion transactions and momentarily going through an outage that lasted about six hours. While TON’s blockchain has since recovered, DOGS and other tokens in the network are struggling to remain afloat.
Raboo’s RABT presale labeled the best crypto to buy now
While the rest of the crypto market dips, Raboo’s $RABT is on the rise with a remarkable 60% rally from the start of the presale, when its price was just $0.003. Already, analysts are projecting a 233% ROI for $RABT when it enters the last stage of its presale.
Currently in its fourth presale phase, investors have so far raised over $2 million, and analysts are predicting further growth for $RABT of over 10,000% once it’s listed on a major exchange. Raboo is developing a vibrant ecosystem of MemeFi enthusiasts. Users will be able to uncover a wealth of opportunities on Raboo thanks to its integration of NFTs, merchandise, and AI-generated memes under one ecosystem.
Raboo’s unique SocialFi aspect will give users the ability to earn by simply posting their AI-generated memes. Currently, more than 98% of Stage 4 is sold out, making Raboo the best crypto to buy now before the presale ends.
Conclusion
The sharp decline in the Bitcoin price could signal a prolonged bearish trend before the market realizes a rebound. While the DOGS airdrop triggered a network outage, Raboo’s presale is proving to outshine both BTC and DOGS as investors rush in eagerly to secure a chunk of the ROI on offer before the real deal begins.
You can participate in the Raboo presale here.
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