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Polkadot, Ethereum Classic backers set their sights on Raffle Coin presale

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Polkadot, Ethereum Classic backers set their sights on Raffle Coin presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Polkadot stabilizes and Ethereum Classic gears up for gains, investors turn their attention to the promising Raffle Coin presale, eyeing potential growth.

During the Q1 rally, many coins and tokens awaited another vertical climb to reflect the strength of a new bull cycle. While Polkadot and Ethereum Classic continued to be attractive and solid projects, investors were on the lookout for high-return projects. The Raffle Coin presale has the potential for major growth, especially for early buyers during its stage 1 presale. 

Polkadot to take breather before next leg up

Polkadot showed its main token is capable of short-term expansion. The asset is now ranked 14th based on market capitalization, as it recovers a higher tier. However, Polkadot stopped the climb to $10 and settled at $6.84.

In the past week, Polkadot turned a net gain, after bouncing from the low point of $6 on dip buying. After that, trading volumes moved down again to a baseline level of $210m in 24 hours.

Polkadot remains volatile due to conflicting pressures. For some, the asset is poised for another rally. But this time, Polkadot may take a while before making a bigger move. For now, the Polkadot project is focusing on its technical side. Polkadot is welcoming new projects, including high-grade games, as well as AI solutions, decentralized storage, and others. 

Ethereum Classic prepares for more gains

Ethereum Classic may end April with a net loss. But in the past week, the token is regaining positions, getting closer to $30. Ethereum Classic traded at $28.14 after buyers swooped in during the weekly lows under $25.

Ethereum Classic achieved higher highs and higher lows and is trending above its 200-day moving average. In the short term, Ethereum Classic may tread water or retest lower prices, but there are expectations for an upward swing. At this price range, analysts still recommend a buy at around $28 to be able to profit from the eventual price expansion above $30.

The main narrative behind the climb of Ethereum Classic is the new projects that are preparing to launch on the network. Additionally, Ethereum Classic is building a Cooperative business entity for fundraising and a more engaged community.

Raffle Coin offers deep engagement, more upside potential

Raffle Coin is a project offering an optimal entry price through a discounted presale event. Raffle Coin tokens are starting to get traction, drawing in investors with the lowest possible price of only $0.02. 

Raffle Coin aims to build the most user-friendly, decentralized platform for blockchain lotteries. On Raffle Coin, users will be able to get tickets for various games with raffle-style lucky draws. Buyers can compete for short-term games or weekly raffles with substantial jackpots.

In total, Raffle Coin has minted 777,777,777 tokens. To reach the widest possible audience, Raffle Coin aims to organize a series of high-profile presale events, where it will distribute 60% of the token supply. All presale buyers will also receive rewards and a share of the platform’s revenues for as long as they hold the tokens in their wallets.

To learn more, visit the Raffle Coin website.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.