With their recent price plunges, Shiba Inu (SHIB) and Super Trump (STRUMP) seem to have their best days behind them. Analysts have hinted that holders could exit the projects as the crypto-verse focuses on new market favorite Raboo ($RABT), which is in its presale Stage 4 and has raised over $1.6 million.
However, a fair situation analysis will clear the records and offer clearer insights.
So, first, why is Shiba Inu on a steep decline, and what does it mean for the crypto market?
Why is Shiba Inu rapidly going down, and what does this mean?
Recent market reports have shown that Shiba Inu is falling fast and hard, and this new development is causing many to move on to the next big thing.
Market volatility, coin supply concerns, shifting sentiments, and stiff competition are eating deep into Shiba Inu price value, pushing its price further down from its 2021 all-time high. As of last month, SHIB price took a massive nose dive, hitting a lowly 0.00002419 – a 72% decrease from its glory days in 2021.
Unfortunately, Shiba Inu is continuing with the bearish trend. The SHIB price currently stands at $0.00002199, and crypto market analysts are predicting deeper falls in the price.
Questions asked about the STRUMP price
STRUMP is selling big dreams, but is it primed to fulfill them? From its all-time high of $0.03169 on March 13 to struggling for $0.005659, it may be looking for the next full-on, green project.
The bears have taken over STRUMP price, with its long-term moving average rising way above its short-term. Its Relative Strength Index has also fallen below the mean level of 50.
Could STRUMP’s price downtrend be caused by the shift in focus from crypto during the US presidential election season? Or could it be because many now have their eyes on the meme coin of the year?
We have presale information on crypto analysts’ most exciting coin of 2024.
Meet Raboo, the biggest market spinner.
Raboo — 2024’s most exciting AI-powered meme coin—is taking the market by storm with its presale. Adherents can’t seem to get enough of the features, and we know why. Blending SocialFi, MemeFi, and blockchain, Raboo ($Rabt) is sure to be among the top 20 cryptocurrencies.
Or, who knows, it may be number one. Combining memes and AI to create the most exciting memecoin community, Raboo is surely aiming for the top.
It might just be time to say goodbye to STRUMP, Shiba Inu, and other top meme coins, as Raboo’s generative AI is sure to put out the freshest and funniest memes that may put them out of business.
Plus, making a profit is just one of the benefits of sticking with Raboo. For memecoin enthusiasts, the $RABT community gives them opportunities to link with like-minded ‘memers’; it’s like a big family, but only for meme creators.
The best part? $RABT holders can start winning these prizes even before the launch!
Conclusion
You shouldn’t miss out on this massive offer from the Raboo-verse.
The $RABT presale is in Stage 4, and the price is currently $0.0048. The tokens are expected to grow by 233% and skyrocket 100× when they are listed on top exchanges.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.