SHIB and TON Are on the Rise, But This Altcoin Is Poised for a Huge Rise
Date: 2024-09-26 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Shiba Inu and Toncoin are firmly in the crypto space, but there’s a new contender on the horizon: Raboo, an AI-driven meme coin that could be a major player in the altcoin space.
Shiba Inu: Up Over 100% in a Year
Shiba Inu has been on an impressive run, increasing its value by over 100% in the past year. One of the key reasons for this rise is SHIB token burns, which take them out of circulation and increase the value of the remaining tokens. Since its launch, 41% of the initial supply of 999 billion tokens has already been burned. In August alone, 280 million tokens were burned, preparing for the upcoming market changes.
The SHIB community continues to actively support the project, which shows faith in its future. However, to continue growing, it needs to hold important support levels and resist bearish pressure. With ongoing burns and community support, SHIB is well on track for continued success.
Toncoin: The Blockchain Revolution
Toncoin has seen an even more impressive rise, growing by over 150% this year. The main driver of growth is the active development of the Toncoin blockchain, especially after the addition of games such as HamsterCombat (HMSTR) and Catizen (CATI) to the Binance platform. This strengthens Toncoin’s connection with the Telegram ecosystem and attracts the attention of gamers.
According to the latest data, Toncoin’s active user base is constantly growing, with 2.89 million active addresses and almost 1 million new users. This shows that Toncoin is strengthening its position in the blockchain market, attracting the attention of both gamers and decentralized platform enthusiasts.
Raboo: A New Star Among Altcoins
While SHIB and Toncoin continue to grow, a new player has entered the cryptocurrency market — Raboo (RABT). This AI-driven memecoin is rapidly gaining popularity thanks to its unique approach and viral marketing strategy. Raboo promises to be a “moonshot” among altcoins, attracting the attention of both investors and crypto enthusiasts.
