It’s been a turbulent two months since the massive bearish downturn shook the crypto market to its core. Bitcoin and Ethereum, the giants of the crypto world, were knocked out of their leading positions, and the domino effect soon swept through the top altcoins.

Polygon, in particular, has experienced a chaotic week. The MATIC token has faced significant losses, prompting traders to seek refuge in more promising projects like the AI-driven meme coin Raboo ($RABT) and SUI, both of which are showing strong bullish indicators.

Let’s delve into the current status of these tokens.

The list of top crypto coins is in constant flux, with the most consistent performers climbing to the top while the laggards sink lower. Polygon has been a trending topic among crypto enthusiasts, but the MATIC price is struggling to secure profits, raising concerns that bearish trends might prevail.

Over the past week, MATIC has plummeted by 22.22%, hitting its support level at $0.41. This decline followed a surge in NFT sales and increased cryptocurrency exchange traffic within the Polygon ecosystem, leaving traders puzzled about the cause.

Despite this bearish trend, there is a glimmer of hope for Polygon as network activity has surged amid a new transition phase. Some analysts predict a potential price reversal for MATIC in the coming days, despite its recent downturn.

However, token prices aren’t the only metric of success. The SUI token, although not immune to market declines like Polygon, has something that MATIC lacks: widespread popular adoption.

While Polygon faces stiff competition from other Layer 2 chains, SUI has captured users’ attention since its launch earlier this year. With an upcoming SUI token unlock event, analysts expect the price to dip to a support level of $0.7 before potentially gaining momentum.

SUI is also making significant strides in decentralized finance (DeFi). Its Total Value Locked (TVL) has surpassed $600 million despite a bearish outlook for the coin. Keep an eye on SUI’s progress as it could signal important market movements.

There is also a straightforward solution to mitigate MATIC’s losses: Raboo, the meme coin sensation.

Meme coins have become a humorous yet intriguing part of the market. Traditionally, meme coins have strayed from their initial mission of providing entertainment and have instead pursued fleeting bull runs.

Many meme tokens lack substantial utility and often fade into obscurity shortly after launching. However, Raboo is taking a different approach, with artificial intelligence playing a crucial role in its development. The creators have meticulously designed Raboo to stand out among meme projects.

Rabooscan, an innovative AI generative algorithm, scours the internet for meme-worthy content and transforms it into relatable and humorous memes.

This AI-driven tool handles the complex aspects of meme creation, allowing the Raboo community to focus on creativity. It’s an ideal platform for meme enthusiasts to enjoy and profit from their creativity through Raboo’s post-to-earn feature.

The $RABT tokens are currently available for purchase via presale, attracting traders from top altcoins eager to acquire their own Raboo coins.

At present, each $RABT token is priced at $0.0048 during Stage 4 of the presale. However, this stage is nearing its end, with a subsequent price increase of 19% to $0.0057 expected. While MATIC and SUI brace for potential bearish impacts, Raboo offers an opportunity to defy market trends.