BlackRock Support for Hedera Pushes HBAR Up Almost 65%. Solana Recovers from Dip and Raboo ICO Hits $1 Million

April 28th, 2024 at 11:50 am UTC · 3 min read

BlackRock Support for Hedera Pushes HBAR Up Almost 65%. Solana Recovers from Dip and Raboo ICO Hits $1 Million

/Raboo/ – BlackRock’s rumoured endorsement sent Hedera’s HBAR soaring nearly 65%, while Solana is bouncing back from recent setbacks. The hot new crypto, Raboo, is making waves in its second stage of presale.

With over 1,400 token holders and an ambitious price prediction of a 100x surge on launch day, Raboo’s RABT token, priced at just $0.0036, is winning both hearts and wallets.

Hedera’s High-octane Ride: How BlackRock Rumours Sent HBAR Skyrocketing

Hedera recently announced the tokenization of BlackRock’s U.S. Treasury money market fund on its blockchain. Investors piled into HBAR, driving Hedera’s price up by over 65%, though it later corrected by 25%.

Hedera’s price hit a two-year high of over $0.15, highlighting the market’s optimistic reaction to the potential integration of a major financial institution with Hedera’s technology.

However, the initial excitement was soon overshadowed by a clarification from BlackRock, stating that it had no commercial ties with Hedera and had not utilised Hedera Hashgraph for tokenizing any of its funds. This statement introduced uncertainty and confusion in the market, leading to a 25% correction in HBAR’s price.

At press time, HBAR hovers around $0.11 with an impressive weekly increase of over 30%.

Solana Soars and Stumbles: A Month of Highs, Lows, and Fixes

Solana is actively addressing a challenging bug linked to the QUIC protocol that has been causing transaction disruptions within its network. This initiative is crucial as Solana continues to experience significant growth in liquidity, driven by eight major projects that have introduced airdrops aimed at invigorating the ecosystem.

Despite encountering some network congestion, Solana’s market performance remains robust. Recently, its price momentarily surged past $205, but is now priced more affordably at $144. Yet, this marks a 552% increase over the past year. This uptick reflects strong market confidence and highlights Solana’s resilience amidst technical challenges.

Analysts are optimistic about Solana’s future, predicting further gains in the coming months. Moreover, the influx of new projects and liquidity is expected to continually support the platform’s growth and attract more users and investors.

Seize Your Share as Raboo ICO Gathers over $1 Million

Raboo is combining social finance (social-fi) and artificial intelligence to craft an engaging community where meme lovers can thrive. Social-fi integrates social interactions with financial gains, allowing users to earn rewards through community-driven activities. Essentially, Raboo supports a flourishing ecosystem where users generate, share, and monetize their memes using RABT tokens.

The RABT token fuels a market currently valued at $62 billion. With a unique crypto burn event planned, the scarcity of RABT is poised to enhance its value. Ensuring security and confidence, the smart contract governing these transactions has been rigorously audited.

Moreover, Raboo harnesses cutting-edge AI to elevate meme quality across the internet. Rabooscan, an AI-driven tool, scours social platforms, identifying and evaluating memes against set benchmarks, ensuring that only the best memes proliferate.

Summary

As the market reacts to BlackRock’s rumoured impact on Hedera and Solana’s recovery, Raboo emerges as a hot new crypto, quickly selling out in its explosive presale.

Don’t miss out — join the Raboo presale today and be part of the next big surge!

You can participate in the Raboo presale here.

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