LINK Underperforms Against Meme Coin Icon Raboo Whilst MATIC Erases Q1 Gains

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As a seasoned crypto investor with several years of experience under my belt, I’ve seen my fair share of market volatility and unpredictability. Two coins that once held great promise for me and many others have taken a turn for the worse – Chainlink (LINK) and Polygon (MATIC).

The crypto market is notoriously volatile, and two once-promising coins, LINK and MATIC, now find themselves struggling. Their poor performance has left investors disappointed with their losses.

Currently, the presale token Raboo is generating significant interest within the cryptocurrency market. With approximately $2 million raised so far, this meme coin has the potential to surpass even established tokens and yield a massive 10,000% return on investment (ROI) for investors. Before we delve into Raboo ($RABT), let’s first assess the current state of Chainlink (LINK).

Chainlink underperforms, causes crypto market panic

Chainlink has dropped by 32.12% from its peak of $18.77 reached over the past three months, causing a letdown in the crypto market. Previously, investors held optimistic views towards this asset, but those expectations have since waned due to Chainlink’s lackluster price performance.

In the day-to-day price chart, the moving average of 50 is above the moving average of 20. This indicates that the market trend is bearish and the bears are currently in charge. For potential gains, traders must look for the price to surpass the $16 resistance level first.

Should this event not transpire, Chainlink’s losses could amplify, potentially alarming its dedicated investor base even more. Some Chainlink investors have begun transferring their assets to Raboo in response.

MATIC erases Q1 gains as bears turn vicious

Bears have relentlessly attacked MATIC‘s value since March, leaving it shredded. Once attaining a peak price of $1.29 on March 16th, this coin has failed to regain any profits, causing uneasy investors to seek opportunities elsewhere.

With an RSI reading of 49.96, MATIC‘s current status is considered neutral. However, its price action tells a different story – predominantly bearish, as evidenced by large red candles on the chart. For MATIC to generate significant price increases, it’s crucial that bulls manage to propel the token past the psychologically important $1 mark first. This is when investors may regain their confidence in the asset.

Raboo set to outperform top crypto projects with exciting utility

In simple terms, the cryptocurrency market favors projects that offer practical uses. Such projects tend to endure in the long run, and Raboo is no exception. This coin, rich with features, may become the favorite of crypto investors and dealers as it has the potential to revolutionize the meme coin segment positively.

Rabooscan is a key component of our project, designed to scan the vast expanse of the internet for fresh and original memes. With so many memes circulating online, it can be challenging to separate the gems from the ordinary or stale jokes. That’s where Rabooscan comes in – its role is to sift through the digital noise and bring only the best memes to the table.

Individuals whose content is approved by the Rabooscan have the opportunity to receive $RABT tokens through the platform’s post-to-earn function. As Raboo users, they derive two significant benefits from this SocialFi feature. Initially, they can monetize their memes. Secondly, they establish connections with other meme lovers globally, fostering a vibrant meme community and forging deep relationships.

Conclusion

Instead of constantly waiting for LINK and MATIC to bounce back, consider investing in Raboo now and reap the rewards once the project launches in the coming weeks. By doing so, you’ll be positioning yourself at the forefront of the future internet landscape. Ultimately, this decision could prove beneficial for your investment portfolio.

At the ongoing presale stage of Raboo, which is currently at Stage 4, there’s a special promotion: instead of the standard 10%, you will receive a 20% bonus on your investment! Seize this limited-time deal and purchase Raboo for just $0.0048 – an unbelievably affordable price.

You can participate in the Raboo presale here.

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2024-07-26 17:13