As the SEC crypto crackdown continues, Uniswap and BNB are in the crosshairs. While market impacts have been varied, one thing is certain: Raboo’s presale is on a roll.
After raising more than $1 million, Raboo is becoming hard to ignore, with some experts considering it to have 100x potential this year. Dive in to find out why.
Uniswap: SEC scrutiny sends UNI tumbling
Uniswap is the leader of all decentralized exchanges, currently with $5.2 billion in total value locked and a position as the 23rd most valuable crypto project. Uniswap enables direct peer-to-peer trading without central oversight using a liquidity pool mechanism.
However, it’s recently wrestled with SEC crypto regulations. The SEC alleges that Uniswap is an unregistered securities broker and exchange. On the day of the announcement, the UNI token fell roughly 9.5%. But, Uniswap’s executives remain optimistic, drawing parallels with the favorable ruling for Coinbase’s wallet. After peaking at over $15 on March 6th, UNI has since settled to approximately $7.40.
BNB: Remaining resilient in the face of SEC battle
BNB, originally Binance Coin, is the native cryptocurrency of Binance and the powerhouse behind the BNB Chain. While BNB isn’t a decentralized exchange itself, it supports Pancake Swap, the biggest rival to Uniswap in terms of decentralized exchanges.
BNB’s role in the BNB Chain could draw SEC crypto scrutiny similar to what Binance has already encountered. The SEC is probing Binance for potential securities law violations, including its blockchain operations and the issuance of BNB. Binance recently settled a case with the Department of Justice for $4.3 billion. In spite of these challenges, BNB remains strong in the market, maintaining a price of around $580, just shy of its yearly high of $645.
Raboo: The SocialFi pioneer with $1 million+ raised
As Uniswap and BNB grapple with SEC crypto regulations, Raboo is gaining serious traction, having already amassed over $1 million in its presale. It’s a new entrant tipped to be a 100x standout this year, leveraging AI to transform meme culture.
Raboo uses AI to build a SocialFi ecosystem that is all about fun, community, and profit. Using Rabooscan, its proprietary AI, Raboo mines social platforms to unearth fresh memes. RABT token holders then compete in hilarious meme-generating contests alongside fellow meme lovers for the chance to win big rewards. Likewise, those with social media savvy can monetize their followings using Raboo’s Post-to-Earn platform.
Raboo’s presale price is now at $0.0042, up from an initial $0.003, and analysts see a projected 233% increase across the course of the presale. They expect a surge in demand as RABT prepares to list on both centralized and decentralized exchanges later this year.
Conclusion
It remains to be seen what the outcome of Uniswap and BNB’s tangle with the SEC will be; whether both tokens beat their respective cases and emerge victorious is anyone’s guess. Amid the uncertainty, Raboo looks like a promising safe haven.
With meme coins and AI still attracting billions in investment, Raboo could be gearing up for a huge breakout this year. Early presale backers stand to gain the most—don’t miss your opportunity at a front-row seat.
You can participate in the Raboo presale here.
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