After the market correction in mid-April, Cardano and Bitcoin showed resilience, boosted by buyers at the low end of the dip. Cardano returned above $0.50, and Bitcoin regained positions close to $67,000. However, when it comes to low initial investment and higher upside for returns, the Raffle Coin presale attracts both retail buyers and hedge funds. 

Cardano to Build Cross-Chain Bridge to Cosmos

Cardano is trying to gain influence among L1 solutions and continues to work on a bridge to the Cosmos ecosystem. Cardano aims to innovate by bringing new features. Node operators on Cardano can aso enable peer-to-peer gossiping to relay transactions faster. 

The Cardano community is also organizing a series of events to focus on special topics, including governance. In the near future, token owners' governance will become even more important for Cardano. 

The network will hold a dedicated Governance Workshop on May 18 to boost awareness of DAO techniques, voting, and other issues. Cardano still counts nearly 30K active addresses in April, though far from peak activity during times of airdrops or special NFT events.

Bitcoin Prepares for More Difficult Block Production

Bitcoin is about to have its first difficulty readjustment after the halving. The difficulty number makes sure that miners produce a block roughly each 10 minutes. The next predicted readjustment will be upward, meaning even after the halving, more miners remain on the network and are highly active. 

Bitcoin did not go through a mining slump after the halving; instead, it kept within the usual range of activity. There are always enough miners on the Bitcoin network so that difficulty never becomes too complicated and block time is never slowed down. 

The next readjustment is expected to happen on April 24, with a small correction upward. The next difficulty will be up just 0.33%, reflecting the small change in miner engagement. The Bitcoin difficulty has been increasing continuously in the past 90 days, and is up more than 21% in total.

Raffle Coin Brings Innovation and Low Entry Point

Raffle Coin aims to offer an alternative to established assets and an attractive entry price. The first batch of presale tokens is now available at only $0.02, giving early access for maximum gains. Raffle Coin aims to build a wide community of buyers and holders, to launch its innovative Web3 platform for raffle games. 

During the presales, buyers will have access to 60% of the total Raffle Coin supply. The tokens, which are already minted, are capped at only 777,777,777. The team reward will be 5% of the supply and will remain locked for two years. Raffle Coin will also provide lifetime liquidity to the project. 

Raffle Coin users will only need a Web3 wallet to join one of the various raffle games. Additionally, users will be able to earn from mini-challenges and gamified milestones or by holding Raffle Coins in their wallets to receive a share of the platform’s revenues.

You can find more information about the Raffle Coin presale here.

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