Raboo Moving Ahead, As Dogecoin Whales Composition Is Slowly Changing

Recently, meme coins have taken over the crypto space. The whales and investors who are always on the lookout for presale coins with good predictions of growth are now heavily invested in meme coins.

A lot of investors were bullish on dogecoin until recently when the market value became unstable. There have been some changes going on with Dogecoin, especially in the past week which led to the change in the composition of holders in order to avoid losses and gain more strength in the future. More amateur assets, however, might gain more strength in periods of instability like Raboo. 

Change Dogecoin whales 

Following the death of Kabosu, the iconic dog from DogeCoin, the on-chain data has shown a massive decline in the activity of the coin’s whales. It is suggested that these whales are abandoning ship and distancing themselves from the memecoin. It is expected that this decline in Dogecoin Whales activity will have an impact on the cryptocurrency's value and stability. 

Although there has been a slight increase in the value of this coin in the last 24 hours, the last 7 days have seen a decrease in value, and dogecoin prediction experts expect that the reduction in whale activity will continue to affect this value. This back-and-forth in value also affects the coin's stability. Now cryptocurrency investors are worried and are trying to determine which coin is the best to buy now. The vanishing of these whales may also signify that they are already actively looking for other cryptocurrencies with favorable predictions to invest in, one of which is Raboo.

Raboo token's market presence

Are you a cryptocurrency enthusiast? Have you been searching for a community-driven memecoin in its early stages? Raboo might fit your criterias. 

Raboo is an AI-powered meme coin. It is a memecoin that aims to connect enthusiasts around the world and to bring about a vibrant like-minded community. 

Raboo has been getting increased attention from memecoin enthusiasts and might show some growth as a project. The redistribution of funds of the market could indeed be a positive factor for early participants in ecosystems like Raboo. 

You can participate in the Raboo presale here.
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