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Blockchain Reporter

03/30/2024

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Ethereum Struggles with Potential SEC Ruling as Cardano Loses 20% in 7-Day Trading. Why New Crypto Raboo is a Better Investment

As Ethereum faces regulatory challenges and Cardano struggles to maintain the growth from this bull run, a new crypto project is entering the market. Raboo’s AI meme coin is taking everyone by storm, as the...

Ethereum Struggles with Potential SEC Ruling as Cardano Loses 20% in 7-Day Trading. Why New Crypto Raboo is a Better Investment

As Ethereum faces regulatory challenges and Cardano struggles to maintain the growth from this bull run, a new crypto project is entering the market. Raboo’s AI meme coin is taking everyone by storm, as the project is poised to see 233% growth during its presale and a 100x surge on launch day

Read on to find out how Ethereum and Cardano fare against the new kid on the block.

Could Ethereum’s SEC investigation influence the long-term crypto landscape?

Ethereum (ETH) is a decentralized open-source blockchain launched in 2014 by Vitalik Butherin. Since then, Ethereum has become the market’s second-largest crypto and its smart contract functionality became the foundation of thousands of projects across Web 3. 

Today, Ethereum is waiting for approval on its new crypto ETH ETF submitted by Blackrock, with many analysts indicating the possibility of the SEC classifying the crypto as a security. Although nothing has been confirmed regarding Ethereum’s case, the SEC decision will have a ripple effect on the long-term crypto landscape by setting a legal precedent. 

That being said, Ethereum’s financial performance during this bull run has been nothing short of amazing, as its native token, ETH, crossed the $4,000 mark in March. Moving forward, a clear prediction regarding Ethereum’s price is uncertain, but this long-term crypto is poised to hit a value of $10,000, and the only question that’s sitting on investors’ minds is “when?”.

Can Cardano still compete with new crypto projects?  

Cardano is an open-source proof-of-stake (PoS) blockchain platform launched in 2017 with the aim of redistributing power from the hands of institutions back to individuals. Four years later, Cardano announced the launch of the Alonzo fork, which brought smart contract functionality to its blockchain and led to an astonishing 188% price increase. 

Today, Cardano is far from its 2021 ATH of almost $3, with its token currently priced at $0.63. Its place within the long-term crypto landscape is uncertain, as people favor new crypto projects and stalwarts like Ethereum. That being said, Cardano’s performance during this bull run is nothing to scoff at, as the project almost doubled in value. 

The new crypto project that took the meme coin market by storm!

Raboo is a new AI meme coin that aims to become a top 20 crypto by market cap and go head-to-head with the likes of SHIB and DOGE. Armed with a futuristic narrative, Raboo developed an entire ecosystem for meme enthusiasts that blends SocialFi mechanics with AI elements and community development mechanics. 

Financially, Raboo’s presale is a dream come true for any investor. With a starting price of just $0.003 per token and analysts predicting a 233% growth by the end of the presale, this new crypto successfully captured the attention of the entire market. 

New crypto presale vs. long-term crypto projects

Although Ethereum and Cardano are both decent investments and have a long history in the market, Raboo’s presale could be the better choice. Its vibrant ecosystem and potential for huge returns make it a golden opportunity for any gem hunter looking for his next 100x. Don’t miss out!

You can participate in the Raboo presale here.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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