Raboo (RABT) Gears Up for Growth While Altcoins Rally with Ethereum (ETH) and Avalanche (AVAX)
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The broader crypto market has shown some signs of life over the past several weeks, triggering whispers of the renewed push for the bull market of 2024. The speculation behind the bull market has, after all, triggered a major investor frenzy earlier this year, causing altcoins like Ethereum and Avalanche to rally.
Avalanche rally sputters out in May
Avalanche was one of the top gainers in Q1 2024, rising from the depths of a torrid October 2023 to peak at $64 last March 2024. Since then, however, Avalanche has failed to generate much traction despite the distributed software platform introducing new initiatives and upgrades designed to do so. AVAX prices have broken past $41 over the last week, sparking rumors of another revival. However, as of press time, Avalanche is back to trading around the $38 range, continuing its torrid run of form for most of Q2 2024.
Ethereum continues strong monthly performance
Ethereum had been lagging relative to Bitcoin prices for most of May; until ETH price surged from $3,150 to $3,600 last May 20th. Ethereum peaked at $3,913 last May 23rd, until cooling off as it changed hands at $3,755 at press time. If Ethereum bulls can manage to sustain ETH price above $3,750, this could open the door to a rally past $4,000. Should bulls clear this ETH price, it could clear the pathways for a retest of Ethereum's historic 2021 bull market highs of $4,878 in the coming weeks.
Raboo Presale Launch surges into stage 3 as Bull Market piques interest
Raboo has drawn major attention with its presale currently in stage 3. Raboo merges the appeal of meme coins with AI technology, positioning early investors for exposure to an interesting project on the market.
Raboo is powered by its AI engine that enables users to create top-notch memes, which they can then distribute through social media to draw attention to the project—and earn a corresponding amount of RABT tokens in return for their efforts. Raboo’s strong focus on the community offers a variety of pathways for holders to earn using RABT such as staking, while its upcoming NFT launch will bring more exclusive perks.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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