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Cardano Ecosystem

The Market Periodical

03/21/2024

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Solana & Cardano Holders Bet Big on Raffle Coin (RAFF) for Lucrative Raffle Rewards

Many experts believe the best time to get into a project is in its early stages. No wonder investors are always looking out for coins in their presale stages. Some of these coins may do well; some may not....

Solana & Cardano Holders Bet Big on Raffle Coin (RAFF) for Lucrative Raffle Rewards

Solana

Many experts believe the best time to get into a project is in its early stages. No wonder investors are always looking out for coins in their presale stages. Some of these coins may do well; some may not. However, when you watch the direction in which expert traders are pitching their tents, you are more likely to make a profit.

Solana (SOL) and Cardano (ADA) holders have bet big on the Raffle Coin (RAFF), and it seems the new lottery coin is set for massive gains. Raffle Coin is in stage one of its planned six presale stages and can potentially return significant profit margins before the end of the year.

Solana (SOL) is experiencing a good increase in the market charts

Solana (SOL) is on the rise. The coin, now ranked as the fourth-largest cryptocurrency in the world by market cap, has surpassed Binance Coin (BNB) for the number four position.

SOL has a market cap of about $77.11 billion, and analysts predict that this market cap could grow past the $100 billion mark soon.

Solana trades at $174.32, with a 7-day rise of about 14.76%. Solana has been one of the standout performers in the cryptocurrency market recently, and analysts believe the best is yet to come.

Cardano (ADA) drops to #9

Cardano (ADA), on the other hand, has dropped to #9 on CoinMarketCap’s ranking. It is currently trading at $0.6127, having experienced a decline of about 19.25% in the previous 7 days.

ADA has a market cap of about $21.8 billion and a 7-day trading volume of around $6.81 billion.

Raffle Coin (RAFF) still in presale

When it comes to lotteries and raffle draws, nobody does it better than the Raffle Coin (RAFF) platform. RAFF is a decentralized lottery platform that allows users to sign up and win different prizes.

Raffle Coin (RAFF) comes as a better alternative to centralized raffle platforms. Whereas these platforms charge exorbitant prices and make users pay a lot, RAFF introduces the decentralized option. Being a fully decentralized platform, the fees on Raffle Coin are considerably less than that of conventional platforms. Raffle Coin charges the lowest transaction fees in the industry.

With the swap service available on the Raffle Coin, users can bring in whatever cryptocurrencies they have and exchange it for another at 0% commission.

It is easy to see why Raffle Coin will undoubtedly be a delight among users. Investors can buy into RAFF in its presale stage by getting a token for as little as $0.020. With only 60% of the total 777 million tokens available during the presale, getting a Raffle Coin before it gets sold out is better.

Find out more about the Raffle Coin (RAFF) presale by visiting the website here.

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Pratik Chadhokar

Pratik Chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and possesses strong technical analytical skills. He is well known for his entertaining and informative analysis of the Financial markets.

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