With the rising crypto wave of the past month, a variety of exciting new projects rose to the top of the market. From new NFTs launched on the Bitcoin chain through Ordi’s cutting-edge Ordinals technology to new AI technologies, the rising crypto market is definitely one of the most dynamic places to be in.
In this context, older GameFi projects like Decentraland (MANA) have a harder time keeping up with new contenders like Raboo. Read on to find out how Ordi, Decentralnd (MANA), and Raboo fare in this exciting market.
Ordi: Opening up the Bitcoin blockchain
As the number one cryptocurrency by market cap, Bitcoin has long been seen mainly as a store of value and the forerunner of the crypto industry. But, with the implementation of Ordi’s Ordinals Protocol, the Bitcoin chain has been opened to the exciting world of NFTs. This makes Ordi’s technologies responsible for some of the most successful project launches of this bull run, especially when it comes to the meme coins sector.
Ordi achieves this by enabling a total of 2.1 quadrillion Satoshi to be used as NFTs and tokens, directly on the Bitcoin blockchain. The impact Ordi had on the market can also be seen in their native token, ORDI, 150% price increase since its listing on some of the most famous crypto exchanges, with its price reaching an ATH of $88 during this bull run.
Decentraland (MANA): Struggling to maintain its market cap
As one of the pioneers of the NFT world, Decentraland’s (MANA) ICO (Initial Coin Offering) was one of the most successful of its time, raising an impressive $24 million with its VR (Virtual Reality) platform.
But, as the GameFi and NFTs market went out of fashion, MANA rapidly dropped in value from its $4.9 ATH in 2021. Although MANA has seen a 23% growth over the last month due to the bull run, the cryptocurrency is still struggling to pass the $1 mark. Even though a rising tide lifts all boats, it seems that MANA keeps lagging as newer projects enter the market.
Raboo (RABT): A new contender enters the market
Raboo is a new trailblazer in the world of meme coins that merges cutting-edge AI technology and SocialFi mechanics with the vibrant community of meme enthusiasts. Armed with a strong narrative and a sniper-like focus on developing one of the most engaged communities in the market, this rising crypto star is a must-add to every crypto portfolio.
How high can it go? Analysts expect Raboo’s price to go up 233% by the end of the presale and to surge 100x on launch day. Thus, it comes as no surprise that Raboo became one of the hottest rising crypto presales to watch out for.
Conclusion
With the growth of technology-driven projects during this bull run, projects like MANA have a hard time keeping up with the times. On the other hand, contenders like Raboo are starting to be surrounded by more and more hype.
Boasting a variety of unique features in the meme coin world, you can join Raboo’s presale today, with its starting price at only $0.003.
You can participate in the Raboo presale here.
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