Will XRP Whales Continue Buying the Dip? Raboo Boom Causes Arbitrum Investors To Get Excited!

XRP whales were in the crypto news recently for going all out to buy the dip. While it’s still to be seen whether the move is a masterstroke or a tragic error (especially considering Ripple‘s on-chain activity), a new market favorite, Raboo ($RABT), is winning investors over–not with a ‘dip for future boom’ promise, but with a SociaFi innovation and presale profits.

Interestingly, even Arbitrum (ARB) investors have joined the Raboo train to boost their portfolio with its presale gains. 

XRP whales buy the dip, but how much longer can they hold?

Ripple (XRP) whales across different markets with over 100 million tokens, recently purchased even more tokens despite the declining XRP price. However, on June 11th, XRP recorded an almost 40% decline in active addresses, eyebrows were raised. This caused renowned crypto publisher, AMBCrypto to analyze XRP‘s network growth.

Network Growth is a metric that measures the number of new addresses that interact with a blockchain, specifically when the new address completes its first transaction. AMBCrypto found that Network Growth on XRP had dropped, indicating a decline in demand and adoption of XRP tokens. 

This has been predicted to further deepen the XRP price decline, which is already down 7.9% in the last month, according to CoinMarketCap.

These indices have raised questions about whether XRP whales will continue to buy the dip. As a new, exciting, high-profit meme coin hits the crypto market, the answer is pretty simple. Investors are moving to the new coin in droves, and for XRP whales, it’s no longer a question of if they’d join the new token. It’s a matter of when.

Arbitrum‘s gaming plan yet to boost investors’ portfolio

As Arbitrum faces a price decline, the question on everyone’s surprised lips is ‘how?’.  Arbitrum (DAO) recently approved its long-awaited Gaming Catalyst Programme to spice up its gaming ecosystem and rev up its coin value. However, the move, dubbed the largest gaming initiative on Web3, is taking the opposite direction.

For a while now, Arbitrum has struggled to grow its native coin and has looked up to the gaming initiative as its saving grace. However, ARB lost over 10% of its token value since the approval of the program, with the decline incentivizing its investors’ move to the new market favorite, Raboo. 

As CoinMarketCap records a 16.8% price drop from the past week for DAO, so there’s never been a better time for Arbitrum investors to move to the next winner, Raboo.

Meet the next market winner: Raboo

Raboo is a meme coin that aims to reconcile the incredible technical abilities of AI with the current rave of content creation. Raboo’s post-to-earn features allow members to post meme-worthy content on social media while earning fantastic $RABT rewards for their activities. This sense of belonging democratizes meme creation among members of the Raboo ecosystem and assists Rabooscan, the community’s generative AI, in sourcing for more relatable meme coins across different media platforms. 

Raboo has 135 million $RABT tokens set aside to reward members for their active contribution to the meme generation project. With Raboo, you post more, and you earn more.

For Raboo, memes are the treasures of blockchain technology, and its philosophy sets out to clean up unsavory memes and encourage posting memes. It reaches to set standards, and on the team, it has its Rabooscan and ever-growing community.

Conclusion

Raboo is currently in its fourth presale stage, selling at $0.0048 per token. Investors are queuing up to lock in on its profits, looking to make a 100× gain after the coin is listed on Binance.

The prices are bound to go up, which means you’re already missing out on profits every minute you wait.

You can participate in the Raboo presale here.

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