Solana’s 11-month bullish trend in question as other tokens prepare for gains

As Solana faces uncertainty, Raboo’s RABT has surged 90% in its presale, with analysts predicting a 233% gain before it ends, positioning Raboo as a standout player.

Solana’s bullish ascent was stalled by a market-wide sell-off that saw Solana’s price plummet 43% from its all-time high of $260.06. However, with recent developments signaling the start of a bull market after interest rate cuts by the U.S. Federal Reserve, SOL holders are anticipating an uptick.

Raboo’s RABT is also outperforming most coins in this bull market, gaining 90% over the course of its presale so far. RABT is a Social-Fi meme coin backed by AI capabilities that has most analysts forecasting a 233% increase before the presale ends.

Solana’s price breaches $132 despite lingering bearish concerns

Solana’s network has achieved a milestone after more than 75 million active addresses were registered on its network. This growth in network activity is starting to show on Solana’s price after a weeks-long struggle to breach the $132 mark, which puts Solana’s price in a sideways pattern.

At the moment, Solana is trading at $148, and analysts are anticipating further upside. Also, nearly 80% of SOL holders are bullish, leaving only around 20% remaining bearish.

SOL stands a chance of becoming a market leader not only for memecoins but also for privacy-centric applications, as seen by the recent upgrade of its network to enable zero-knowledge proofs. This move alone has made Solana a popular network for developers looking to build affordable and speedy applications. Could this bull market see SOL surge past $200?

Raboo’s RABT surges 90% as investors raise over $2.5m

Raboo’s current presale is in its 5th Stage, and investors have raised over $2.5 million so far. Raboo is an emerging Social-Fi memecoin integrating elements of Artificial Intelligence in a move to empower meme enthusiasts with reliable monetization for their memes.

With Raboo, users can create and post AI-generated memes thanks to the platform’s Rabooscan. At its core, Rabooscan is a generative AI tool that scours social media to curate and create the most trendy memes. Users can use Rabooscan to create hilarious memes and post them for a chance to earn RABT.

In addition to memes, Raboo is designed to reward users who simply engage with the content or interact with other meme lords on the platform. This approach nurtures a community-centric ecosystem that is set to be a gathering point for meme enthusiasts across the globe. And with only 63% of the RABT tokens up for grabs during this presale, RABT has already surged 90%, from a presale entry price of only $0.003.

At its current rate of $0.0057, RABT is tipped to rally an additional 143% before the presale ends. Also, Raboo’s integration of two emerging markets, including the meme market and the generative AI market, has seen analysts forecast a meteoric surge of about 10,000% when RABT launches on major exchanges.

Conclusion

Solana’s price is starting to show signs of entering a bull market as network activity reaches its peak, not to mention increasing trading volume. After breaking out of previous resistance levels, a bullish reversal might be in the cards. Raboo’s RABT, however, is outperforming most tokens in this bull market and analysts anticipate an approaching 100x gain.

Interested users can participate in the Raboo presale and join its Telegram and Twitter.