Was Cardano Hacked? Brett’s Price Forecast and New Player Is Already up 60%
The post Was Cardano Hacked? Brett’s Price Forecast and New Player Is Already up 60% appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ June 30, 2024 5:26 am