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Reading: Key Facts on These Explosive Cryptos!
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EdaFace Newsfeed > Latest News > Press Release > Key Facts on These Explosive Cryptos!
Press Release

Key Facts on These Explosive Cryptos!

vitalclick
Last updated: September 7, 2024 2:18 pm
5 months ago
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Contents
Shiba Inu: Meme coin with a vast ecosystemBrett: Pepe’s best friendRaboo: AI-driven presale star

Meme coins are a dime a dozen, but three of the most popular—Shiba Inu, Brett, and Raboo ($RABT)—have recently emerged as the hottest cryptos to buy now. In this guide, we’ll take a closer look at what to know about these three explosive cryptos.

Shiba Inu: Meme coin with a vast ecosystem

Shiba Inu was created in 2020 by a pseudonymous figure known as Ryoshi, who initially minted around a quadrillion tokens and has since burnt 41% of the total supply. It followed the 2021 success of Dogecoin and today holds a market cap of $7.5 billion, making it the second most valuable meme coin. 

The Shiba Inu community has built a thriving ecosystem over the years. Its primary token, SHIB, is used for transactions and staking, while LEASH and BONE offer extra utility, like rewards and governance. A decentralized exchange called Shiba Swap, a layer-2 scaling solution known as Shibarium, and even the Play-to-Earn mobile game Shiba Eternity also add to SHIB’s value.

SHIB’s price remains relatively low compared to its 2021 high of $0.00008845, worth around $0.00001273 today. However, Shiba Inu has developed a large and dedicated community—the SHIB Army—that’s ready to support the token.

Brett: Pepe’s best friend

A relatively new player in the meme coin space, Brett was launched in early 2024 on the Base blockchain. Inspired by the character Brett from Matt Furie’s “Boy’s Club” comic series, Brett is seen as a close companion of Pepe—an iconic figure in meme culture.

Gaining its position almost purely from community enthusiasm rather than any specific utility, Brett has a market cap of around $647 million, placing it in the top 100 most valuable cryptocurrencies. Despite its lack of utility, Brett has made an impressive mark, both as one of the first meme coins on the Base layer-2 network and for rising more than 78% from its initial price to its peak of $0.1939 in June.

Brett has a total supply of just under 10 billion tokens, with no ability for the contract creator to mint new tokens. It’s retraced strongly since its peak, priced around $0.06519 today, but analysts remain cautiously optimistic.

Raboo: AI-driven presale star

Raboo has recently emerged as one of the hottest cryptos to buy now after raising more than $2.3 million and almost closing the 4th stage of its ongoing presale. Raboo is a project blending the power of AI with the virality of meme coins. Its AI-driven ecosystem features Rabooscan, a tool that scrapes the latest memes from social media and allows users to create AI-generated memes to enter in regular contests. Those producing the funniest memes can win extra $RABT tokens.

Raboo also provides the opportunity for users to monetize their social media followings through its Post-to-Earn platform, while an upcoming NFT collection, staking rewards, and a token-burning mechanism offer further avenues for profit.

Tipped to be one of the most explosive cryptos this year, Raboo is expected to climb a further 173% before its presale closes and potentially skyrocket 100x once it’s listed on major exchanges. Its strong community focus positions it to follow in the footsteps of Shiba Inu and Brett, and tokens are projected to sell out imminently in the presale.

You can participate in the Raboo presale here.

Telegram: https://t.me/RabootokenPortal

Twitter: https://twitter.com/Raboo_Official

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