The $1R0R token has undergone an extraordinary comeback, surging more than 900% in the past weeks. It’s a shocking increase, especially following an unprecedented drop in mid-April. Due to a smart contract drain, the price of the token plummeted by more than 80%. The buyback plan has given an extra boost to the token’s recovery. Excitement is further growing around the upcoming Executive R0AR Society (ERS) NFT airdrop. The market capitalization of $1R0R has skyrocketed by almost an order of magnitude since the drain, to just under $300 million.
The $1R0R bullish momentum has been consistent and trending for more than a fortnight. Additionally, most technical indicators continue to suggest more price appreciation ahead. A significant factor behind this incredible demand is long term holders and traders who want to get exposure to the first airdrop of the upcoming $1R0R.
Recovery From the Smart Contract Drain
Then in mid-April, $1R0R crashed. It eventually tanked more than 80% after a drain on its smart contract. This event sent the investor community into a panic, and many began to question the security and stability of the token.
The crew behind $1R0R wasted no time creating an in-depth plan for the buyback. Their aim was to re-instill confidence and prop up the token’s price. Ever since the buyback plan was announced, $1R0R has shown tremendous resiliency, even breaking above its pre-drain value.
Market cap of $1R0R with an increase of roughly 900% since starting the buyback plan. If investors bought at the very bottom their $1000 investment has exploded to almost $10,000. This is based on the assumption that the price of ETH has remained stable.
Executive R0AR Society NFT Airdrop
Our upcoming Executive R0AR Society (ERS) NFT airdrop has created quite the buzz within our $1R0R community. Initially, the $1R0R token will be airdropped to wallets with regularity. This distribution is focused on the amount of NFTs you hold, giving a huge benefit to our long-term supporters.
The airdrop mechanism is designed to reward early adopters and committed NFT holders. Once you’ve gotten your first NFT into your wallet, you will receive a default amount of $1R0R airdropped straight to your wallet. Each additional NFT will reduce the airdrop by a small amount.
The recent rise in $1R0R’s value has increased anticipation for the upcoming ERS NFT airdrop. As for holders — they’re over the moon since the value of their tokens just keeps going up, up, up. This has created even more incentive for participation and deepened the community’s conviction that the long-term potential of the R0AR ecosystem is truly revolutionary.
Future of the R0AR Ecosystem
Since then, the team has unveiled some pretty exciting plans including a 20% staking bonus for $1R0R holders. This bonus provides an amazing incentive to invest long-term!
Additionally, $1R0R holders will be granted access to R0AR’s AI development tools, deepening the utility and value proposition of the token. One of the goals of these tools is to empower users with accurate insights and powerful capabilities to navigate the rapidly evolving DeFi space.
Each of these developments is a step towards creating a better, more integrated and open ecosystem. In turn, they’ll increase demand for both the ERS NFTs and the $1R0R token. The focus on utility and community engagement is expected to contribute to the long-term sustainability and growth of the R0AR project.
