Avalanche and Ethereum traders flock to Raffle Coin’s presale

As the market consolidates, Avalanche and Ethereum traders are pivoting to Raffle Coin’s presale, attracted by the platform’s potential for returns.

Investors are always looking for opportunities to earn some big bucks, and Avalanche and Ethereum investors are no different from them. During the bull run, both of these investors made a lot of profit from the market surge, but now the market is consolidating, and it’s high time that they looked toward projects that have the potential to thrive even in such market conditions.

Those investors have now turned their attention to Raffle Coin, a new lottery platform with the potential to grow investments.

Crypto whales bought $52 million worth of AVAX

Avalanche is witnessing a notable surge, largely because of the significant investment activity from high-net-worth individuals in the cryptocurrency sphere, the whales. These investors, collectively, have bought approximately 52 million AVAX tokens which equals to over $2.1 billion in value. All this happened within a mere three days since the beginning of April.

Additionally, Avalanche’s divergence from the broader cryptocurrency market is garnering attention. With a correlation coefficient of just 0.17 in relation to Bitcoin, Avalanche exhibits a comparatively low dependency on Bitcoin’s price movements.

This characteristic suggests a degree of independence in price dynamics, potentially paving the way for significant gains. Even after this, their investors are looking for a way to get huge returns for their money, and Raffle Coin appears to be the perfect opportunity right now. The Avalanche investors have already started buying RAFF tokens from their presale so they can have a bag full of it when it surges.

Suspected wallet of Justin Sun bought 27,388 ETH tokens

Justin Sun, a prominent figure in the cryptocurrency world, has been making headlines for his suspected purchase of Ethereum. Since April 8, an address believed to be associated with Sun has acquired 27,388 ETH, valued at over $405 million. These purchases have been made through various exchanges, including Binance and other decentralized platforms.

The buying spree appears to follow a pattern, with the same wallet depositing $787 million USDT to Binance via the Tron blockchain since March 31. Interestingly, on the same day, another wallet withdrew $96 million worth of stablecoins from Binance and began purchasing ETH. This activity mirrors previous instances where wallets associated with Sun bought substantial amounts of ETH earlier in the year.

However, this news wasn’t enough to keep the Ethereum investors from targeting Raffle Coin’s presale. This project could be a lucrative opportunity for long-term investors to multiply their holdings.

Raffle Coin shows hope of 50X return to investors

Avalanche and Ethereum are having a good day, with the overall market sentiment being largely positive. This has led investors towards Raffle Coin’s presale due to the promise of 50X returns this year. Analysts also believe that this platform, based on the raffle industry, will make a name for itself.

People like to test their luck, and this would be the first opportunity where people can fully trust the platform because its foundation is set on blockchain technology. Raffle Coin’s presale is currently in Stage 1. This means investors can purchase RAFF tokens at the initial offering price of $0.02.

This project’s idea is to make a marketplace where people can organize raffles and games using different kinds of cryptocurrencies. While using crypto for gaming isn’t new, Raffle Coin is adding something fresh. Their platform lets users set up raffles for all sorts of interesting prizes, not just crypto prizes. Investors could win anything from a bunch of digital money to even a car.

Learn more about Raffle Coin’s presale and get a 15% bonus as well.