The Ripple vs SEC legal case has taken its toll on XRP price, reducing the token’s prospects for a spike in the altcoin market. Super Trump (STRUMP) is also dumping as the bears slowly take over crypto price actions on the STRUMP charts. The presidential debate on Thursday favored Donald Trump over Joe Biden, and maybe Super Trump’s work in the campaign is done.
In their search for profits, traders have discovered Raboo and its stunning presale. But Raboo offers even more than simply presale gains. Profits are a major theme with Raboo, but you get the full meme package, too.
XRP and STRUMP are still performing below expectations; get on the $RABT train today.
Ripple Monthly Unlock adds to recent XRP price dip
A legal case will weaken any altcoin in the crypto market, and it’s a wonder XRP price hasn’t lost its $0.47 support yet. While the token and its bulls have been resilient for months, they may be caving into the pressure soon.
The legal tussle with the SEC is taking longer than expected to reach a resolution, and even though there has been a rise in trading activity, traders are still unsure about the future of XRP price. Ripple is trying to get the court to decide a $102.6 million fine, having spent over $200 million on the lawsuit.
Another frustrating event on Ripple is the monthly unlock protocol, which has seen some 1 billion XRP tokens enter circulation again. The increased token circulation could make it even more difficult for Ripple to recover, even though it’s making a slow 1.4% return to profits.
Super Trump dips in post-Presidential debate events
Donald Trump has been a more vocal supporter of crypto than Joe Biden, and the meme coins modelled after Trump has helped build his popularity among crypto folk. Now, STRUMP has achieved its purpose, as the token has been slipping to support levels since Friday.
Naturally, meme coins come with the downside of being unstable, and Super Trump is even more so since its pump is down to Donald Trump news. The token dipped after Trump was observed to have not mentioned crypto at all in his exchange with Biden. Perhaps the STRUMP coin is finally on its own, at the mercy of the altcoin market.
And that’s a particularly poor place to be. STRUMP price dipped by 18% on Friday, and it seems to be headed for even worse outcomes. With Bitcoin also experiencing resistance at $58,000, the meme coin is truly alone now.
That’s what happens when there’s too little utility in a project. This is why the Raboo project is avoiding the rather familiar fate of meme coins.
Here’s more on the new meme coin.
Raboo: ‘Profits now, profits later’
The meme coin sector is very big on immediate returns, as most tokens deliver multiple times in profits during their presale. The problem is often with continuing the profits through features. Most meme coins lack the features to sustain profits, losing their relevance soon after presale.
Well, Raboo here will be pulling off immediate profits and longevity with little or no hassles. The $RABT project is centered on upgrading the standard of memes released for entertainment, and luckily, Raboo’s plans cater to users’ profits too.
With a generative AI in place, the members of the Raboo community only have to contribute their memeable content to the network by posting through the Post-to-earn feature on the platform. From then on, it’s all on Rabooscan to mix the memes and ensure they are funny and fresh every day.
The best part is every time your content gets converted into a meme for circulation; you get $RABT tokens as rewards for your engagement. So you’re not only part of a meme community, enjoying the meme-making process; you’re earning from it too!
Interested already? The Raboo presale is your next stop.
Conclusion
Get in with Raboo, where the meme enthusiasts meet, have fun, and earn all at once. The tokens are in their fourth presale stage, selling at $0.0048 each and with a 233% presale pool to benefit from.
The pool has already been depleted by 60%, and only the earliest buyers will be getting an ROI of 233%. But the real deal comes when Raboo will be listing on a major exchange.
Analysts are tipping the token for 100x gains, then!
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official