Ethereum (ETH) and Bitcoin (BTC) investors have shifted focus to newer projects. These projects are usually the ones with the highest growth potential.
One such project is Raffle Coin (RAFF). With the Bitcoin (BTC) halving on the horizon, the profits to be gained within the blockchain are sure to be funneled into Raffle Coin (RAFF), as the project’s presale phase unfolds.
Ethereum (ETH) Eyes Spot ETF Approval As Investors Struggle To Secure Position
The American Security and Exchange Commission is considering approval for a spot exchange-traded fund (ETF) for Ethereum (ETH). This has prompted an increase in Ethereum (ETH) adoption by financial institutions. The recent growth in Ethereum (ETH) may also be due partly to its network improvements around scalability and interoperability. Ethereum (ETH) has maintained a bullish trajectory securing a 13.59% price appreciation in the past week.
Another promising development is the trading volume of Ethereum (ETH). It has been reported that the amount of Ethereum (ETH) locked up in exchange wallets is at an all-time low of 11%. This means that Ethereum (ETH) tokens are being supplied to staking pools, deployed towards NFTs and web3 and locked in DeFi protocols. This has contributed to the token’s recent bullish movement and as analysts anticipate a retrace, all eyes fall on Raffle Coin (RAFF).
Bitcoin (BTC) Gains Recognition as Potential Fiat Alternative
El-Salvador shocked the world by pioneering Bitcoin’s (BTC) adoption as a legal tender. The country has reaffirmed its position by refusing to sell off its Bitcoin (BTC) holdings. A Bloomberg analyst, Mike McGlane went on record to identify Bitcoin (BTC) as a potential global fiat alternative, as major institutions seek Bitcoin (BTC) adoption in recognition of its security and profitability.
The volume of Bitcoin (BTC) and Ethereum (ETH) in institutional asset portfolios has grown from 50% to 80%, as the SEC approves more Spot ETFs. BlackRock’s ETF has recently risen above Greyscale in volume with a total count of 161 Bitcoin (BTC). The recent price supreme in Bitcoin (BTC) has roused interest in the project but analysts warn buyers of a possible retrace as investors consider Raffle Coin (RAFF).
Raffle Coin (RAFF) Draws Out Industry Giants In Ongoing Presale
Raffle Coin (RAFF) has attracted many new investors into its ongoing presale event as tokens sell out quickly. The protocol, set to be the biggest blockchain-based lottery project, eyes a potential 50x price valuation once the sale goes public. Raffle Coin (RAFF) gives its users the option to browse raffle listings to participate in instant, daily or weekly raffle draws with a monthly mega jackpot to sweeten the deal.
Deposits and withdrawals on the Raffle (RAFF) platform are instant and with no KYC verification needed, users can simply sign up and get unrestricted access to the platform. Raffle Coin (RAFF) offers its presale investors a bonus loyalty scheme with VIP rewards on staking and revenue sharing. Stage 1 of the Raffle Coin (RAFF) presale is ongoing and tokens are available at $0.016, providing a unique opportunity for early investment.
Furthermore, Raffle Coin (RAFF) employs a decentralized governance model to give its community a voice. Users can contribute meaningfully to the growth of the platform through their ideas and suggestions. This gives equal access to every community member, as no one voice means more than another’s.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
