Cardano has successfully defended itself against a sophisticated attack from numerous smart contracts. Meanwhile, BRETT has surged despite market volatility.
A new presale token in the meme coin ecosystem, Raboo, has seen a 60% increase since its Stage 1 and has now raised almost $2 million. Analysts have tipped Raboo as one of the best cryptos to buy in 2024, citing its substantial growth potential in the crypto market.
Cardano resilient against sophisticated DDOs attack, ADA holds steady
Cardano recently withstood a significant DDoS attack that aimed to disrupt its blockchain by flooding it with transactions from 194 smart contracts, each costing 0.9 ADA. Despite the attempt, Cardano's decentralized design prevented any major disruptions, showcasing its robustness in handling cyber threats.
The attack targeted Cardano's network in an effort to overwhelm it and potentially steal staked cryptocurrencies. However, swift action from the development team, led by Philip Disarro, neutralized the threat by removing the attacker's staking identifier. The ability of the development team to promptly thwart the attack prevented significant financial losses to Cardano’s investors and also underscores Cardano’s resilience, affirming it as one of the best cryptos to buy in 2024.
Brett sees strong rally amid market turbulence, eyes support amidst correction
BRETT has recently seen a notable increase, surpassing the average gain of meme coins amidst a broader market resurgence. Despite challenges faced by major cryptocurrencies like Bitcoin and Ethereum, BRETT has shown resilience. Over the month, it has surged impressively by 118%.
Currently, BRETT is experiencing a correction phase after its recent surge, approaching a key support level around $0.15408. The relative strength index (RSI) indicates a shift from overbought conditions to a more neutral state, suggesting reduced selling pressure. With its short-term momentum strong and a positive trend in moving averages, BRETT appears poised for its next market move.
BRETT’s performance is reflective of broader trends and market sentiment, influenced by celebrity endorsements and market waves favoring such assets. Forecasts from Coincu, a crypto price analytics platform, suggests BRETT’s price could range between $0.1580 and $0.1640 in July, while August predictions indicate potential fluctuations between $0.1610 and $0.1761, averaging approximately $0.1686.
Raboo: AI-powered meme coin poised for explosive growth in 2024
Raboo ($RABT) presale token has emerged as a leading meme coin, integrating social-fi and artificial intelligence to cultivate a dynamic community of meme enthusiasts. The absence of taxes on both buy and sell transactions underscores why Raboo has been tipped as one of the best altcoins to invest in this year given that retail and institutional investors will be able to maximize all their returns.
Analysts foresee Raboo's presale price potentially growing by 233%, with expectations of a monumental 100x increase upon its launch day. The meme coin aspires to achieve a top 20 ranking by market capitalization, supported by innovative features like the Post-to-Earn platform, allowing meme coin enthusiasts to monetize their social media content.
This presents a compelling opportunity for early adopters looking to participate in a community-driven cryptocurrency set to expand significantly. Raboo combines elements of SocialFi, MemeFi, and blockchain technology, bridging the gap between memes and the digital world. With over 8,000 registered meme coin enthusiasts, Raboo is on track to disrupt the meme coin ecosystem.
Conclusion
Cardano’s development team was able to prevent financial losses by thwarting a sophisticated hacking attempt. Meanwhile, BRETT has surged despite prevailing market challenges, showing significant monthly and annual gains.
In the meme coin ecosystem, Raboo, a new presale token, has garnered attention for its promising growth trajectory. Currently in Stage 4 of its presale, Raboo has seen a remarkable 60% increase since Stage 1, underscoring its recommendation as one of the best altcoins to invest in this year.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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