Ethereum’s recent rally to $4,000 was met with a sharp correction, with Ether plummeting to its current $3,029. Despite the delay in the SEC’s approval of Spot Ethereum ETF, 200,000 newly created Ethereum addresses have sparked a bullish resurgence in Ether as Coq Inu’s previous momentum fades. .
Apart from the Ethereum ETF and Coq Inu, Raboo is currently projected to become the second largest cryptocurrency after the Ethereum ETF. More than $1 million has been raised in the ongoing presale. Experts predict that As soon as it was released, there was a 100x backlash.
Upcoming Ethereum ETFs aim to make a bullish comeback in Ether
Ethereum recorded its largest single-day wallet increase in over two years, with reports that nearly 200,000 new addresses came online. Excitement over the possible approval of an Ethereum ETF has made headlines, and Ethereum's growth has also lifted other crypto projects. Market analysts predict that a bullish resurgence is imminent given the recent increase in wallet addresses on the Ethereum network.
Indeed, Ethereum's value may have fallen below $3,200, and the delayed approval of the Ethereum ETF may have caused skepticism about Ethereum's performance. However, market indicators suggest that bearish pressure is slowing.
Coq Inu loses previous momentum, down 37%
Coq Inu (COQ), a community-run meme coin on the Avalanche network, quickly gained momentum with its launch in December 2023. Coq Inu has expanded its range of animal-inspired meme coins with a chicken-themed meme coin. Become the next big crypto project. Coq Inu soared more than 2,800% immediately after its launch, with a market cap of more than $200 million and daily trading volume of $46 million.
However, given the highly speculative nature of meme coins, Coq Inu's price has fallen more than 60% from its all-time high and has fallen 37% in the past 30 days. The creators of Coq Inu also disavowed the project by posting a disclaimer on their site stating that meme coins have no intrinsic value.
Raboo presale gains momentum, catapulting $RABT as the next big crypto
Raboo is on track to become the next big cryptocurrency in the meme market. Socialify ecosystem This allows meme lovers to Earn money from AI-generated memes.
Love is trying to change the narrative with a new story. AI meme coin We aim to foster a strong community of meme lovers.Once launched, Raboo community members will be able to use the platform. Post-to-earn system and earn rewards and prizes From fun meme generating activities.
Raboo has a total supply of 1.8 billion, of which $1.134 billion of RABT tokens have been set aside for the ongoing pre-sale, which has already raised $1.2 million. As cards are expected to make a strong comeback, The value of Labu rose from $0.003 to $0.0042.
conclusion
If approved by the SEC, the Ethereum ETF could spark a new bull market comparable to the previous surge in meme coins like Coq Inu. Raboo has already emerged as the next big crypto project, with expert analysts predicting that $RABT will rise 10,000% once it launches on major exchanges.
You can participate in the Raboo presale here.
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