JASMY Sees Gains While Raboo Draws Attention From DOT Holders

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Jasmycoin rallies with bullish investor sentiment, while Raboo attracts attention with 60% presale gains, drawing interest from disenchanted Polkadot holders.

Jasmycoin (JASMY) has been rallying recently, and it has sparked bullish sentiment among investors regarding its future. However, there is a new presale token named Raboo, bringing lots of attention by delivering 60% gains for investors and aiming for potential returns of 233% in its presale.

Interestingly, Polkadot holders, disappointed by the faltering DOT, are already captivated by this token and are buying into its ongoing presale.

JASMY sees crypto boom after Apple announcement

Looking at the daily charts, JASMY has witnessed a notable increase, skyrocketing by 51% within the past seven days as per CoinMarketCap, a crypto data tracking platform. JASMY also increased by 92% in the past 30 days, with experts attributing the growth to a recent announcement by Apple, the popular tech company, that it would be adding Japan’s ‘My Number’ application to iPhones.

Due to this announcement, investors began to buy JASMY tokens, thinking that JasmyCoin had somehow collaborated with Apple. Although investors have been clarified that JamsyCoin is not necessarily linked to Apple’s announcement, investors still remain optimistic about JASMY’s future trajectory.

Polkadot’s decentralization milestone overshadowed by price dip

Polkadot Insider, a popular X handle that posts updates related to the blockchain recently revealed that Polkadot has topped the list as the most decentralized blockchain. This ranking was based on the Nakamoto Coefficient, a metric for determining how much decentralized a network is. 

Unexpectedly, Polkadot’s achievements were followed by an 0.95% decline in  DOT’s price within seven days. Due to this decline, many investors have shifted their attention from Polkadot to tokens with substantial growth potential.

Polkadot holders enticed by Raboo’s growth 

Raboo has taken the crypto market by surprise, with remarkable growth, enticing even Polkadot investors. Having raised over $1.6 million in its ongoing presale, the memecoin now boasts over 8,000 registered users and 2,500 token holders.

One driving force of Raboo’s massive growth is its AI-powered tech, Rabooscan, which curates and evaluates content to ensure a constant stream of hilarious, viral-worthy memes. The platform’s remarkable growth is also propelled by its Post-to-Earn model, which allows users to earn passive income by just creating and sharing quality memes.

Despite its potential to surge 233% during its presale and 100x post-launch, RABT tokens can still be purchased at $0.0048 in Stage 4 of its presale. Because of this, many experts recommend the presale token to investors seeking to maximize investments within the $62 billion meme sector. 

Conclusion

While Jasmycoin (JASMY) experiences a significant surge driven by speculation following Apple’s announcement, the spotlight in the crypto world seems to be on Raboo, a memecoin generating considerable excitement with its presale performance. Moreover, as Polkadot’s milestone in decentralization is overshadowed by a decline in DOT, Raboo remains a top choice for investors looking to capitalize on the booming meme sector.

Interested users can participate in the Raboo presale here. For more information, check out Raboo’s Telegram and Twitter.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

RECENT NEWS

Ether Surges 16% Amid Speculation Of US ETF Approval

New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more

BlackRock And The Institutional Embrace Of Bitcoin

BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more

Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business

Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more

Ethereum Lags Behind Bitcoin But Is Expected To Reach $14K, Boosting RCOF To New High

Ethereum struggles to keep up with Bitcoin, but experts predict a rise to $14K, driving RCOF to new highs with AI tools.... Read more

Ripple Mints Another $10.5M RLUSD, Launch This Month?

Ripple has made notable progress in the rollout of its stablecoin, RLUSD, with a recent minting of 10.5… Read more

Bitcoin Miner MARA Acquires Another $551M BTC, Whats Next?

Bitcoin mining firm Marathon Digital Holdings (MARA) has announced a significant milestone in its BTC acquisition strate... Read more