Cardano stagnates, investors turn their focus to pre-sale projects

Cardano (ADA) prices are still fluctuating under $0.40 due to limited network upgrades. Emerging pre-sale projects such as MAGACOIN FINANCE have attracted investors' interest with their expected return of 50 times and their attention to cross-chain DeFi. In the second quarter of 2024, funds flowing into pre-sale tokens increased by 20%, but regulatory scrutiny and enforcement risks remain.