With Cardano recently unveiling its Chang hard fork, designed to push the network towards full decentralization, many investors were disappointed to see the ADA price decline. Wary of further losses, ADA holders are now rushing into the Raboo presale, enticed by recent developments and the prospect of 100x gains this year. Read on to learn more.
Cardano pushes ahead with Chang hard fork
Cardano, one of the leading Layer-1 networks known for its methodical, research-backed approach to development, has recently undergone a significant upgrade with the launch of the Chang hard fork. A major step towards Cardano’s goal of becoming a fully decentralized blockchain, the Chang hard fork marks the transition to the Voltaire era.
This upgrade introduces community-driven governance, giving ADA holders more control over the network’s future. The Interim Constitutional Committee, for example, will oversee the transition to full decentralization.
However, while governance has been the primary focus of this hard fork, it’s also brought other technological improvements. Scalability has been boosted from around 250 transactions per second to potentially 1,000+, while more advanced security measures have also been implemented.
Despite the significant upgrade, Cardano’s price declined following its release on September 1st. Following the launch, the ADA price saw a drop of nearly 3% in 24 hours, trading around $0.33. Over the past week, ADA has declined by more than 9%, in line with broader market trends and perhaps a “sell-the-news” reaction among investors.
While the long-term potential of Cardano remains solid, many investors have sought safe haven in Raboo’s new presale after a recent update to the project’s Rabooscan feature.
Raboo’s Rabooscan update drives considerable attention
Raboo has gained tremendous attention recently after raising more than $2.3 million, already rising 60% from its first presale phase to reach a price of $0.0048 after starting out at $0.003. However, there’s still a projected 173% left to rise before the presale’s completion.
Raboo is a community-driven project aimed at merging two of the market’s hottest trends right now—meme coins and AI. Every challenge is an opportunity to earn with Raboo, complemented by Raboo’s Post-to-Earn scheme. This SocialFi platform allows $RABT investors to monetize their meme-tastic creations.
This combination of creativity and earning potential of Raboo has contributed to a fast-growing community and driven thousands towards its presale, and after a recent update, investors are piling in.
In a community post on the project’s Telegram page, the team announced that they had collected, cleaned, and organized high-quality data from various sources that’ll enable users to create top-shelf memes. This marks a major milestone in Rabooscan’s development, paving the way for integration with the project’s backend. Now, many are looking forward to the Model Development phase and upcoming sneak peeks.
With hard work from the team signaling a bright future ahead, investors are looking forward to a potential 100x exchange debut, expected just around the corner. Tokens are flying off the shelves—don’t miss this under-the-radar opportunity before $RABT sells out.
You can participate in the Raboo presale here.
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