Raffle Coin presale attracts Ripple and USDC holders as interest spikes
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As Ripple (XRP) and USDC holders increasingly invest in Raffle Coin’s (RAFF) presale, its popularity surges, hinting at potential growth amid the fluctuating crypto market.
In the dynamic world of cryptocurrencies, investors constantly seek opportunities that promise significant returns. With Ripple and USDC holders increasingly participating in the Raffle Coin presale, interest in the Project is surging, hinting at its growing popularity and potential for further growth.
The decline in whale activity affecting Ripple prices and the stability of USDC amidst its integration with Ethereum highlight the broader market in which Raffle Coin operates.
Meanwhile, investors wonder if the Raffle Coin (RAFF) can keep doubling with investment while serious Ripple and USDC holders buy into the presale as numbers keep increasing.
Whale activity affects Ripple price
Ripple has experienced a notable increase in its monthly price, with values ranging between $0.52 and $0.67, reflecting a rise of 27.49%.
However, the cryptocurrency community has been intrigued by the recent activities of a mysterious whale transferring millions of Ripple coins from Binance, the world’s largest cryptocurrency exchange.
Over the past 24 hours alone, this Ripple whale has conducted four substantial transactions, withdrawing a total of 77.7 million Ripple from the exchange.
Despite Ripple’s recent surge, XRP is currently retracing from a 20% increase observed earlier in the week. Adding to the intrigue, two anonymous wallets have been involved in multiple transactions, removing nearly 78 million Ripple from Binance.
USDC: A stablecoin integration with Ethereum
USDC, a stablecoin with a monthly price between $1.0000 and $1.0001, has seen a stable decrease of 0.02%.
Notably, all USDC tokens in circulation are ERC-20 tokens, operating on the Ethereum blockchain. The security and trustworthiness of USDC are maintained by ensuring that U.S. dollars equivalent to the issued tokens are held securely in reserve, providing users with confidence in its stability.
USDC’s popularity surged in 2020, driven in part by the exponential growth of decentralized finance (DeFi).
With its widespread availability and compatibility with Ethereum-based applications, USDC has become a preferred stablecoin for users engaging in DeFi activities.
Raffle Coin seem to keep doubling with investment
Raffle Coin offers a decentralized platform where users can easily sign up and participate in various raffles to win prizes ranging from cryptocurrencies to cars, holidays, clothing and much more.
As a premier decentralized online raffle platform built on blockchain technology, Raffle Coin ensures better security, transparency and decentralized governance.
Moreover, 40% of the Raffle Coin platform’s generated fees are distributed proportionally among presale investors, fostering community ownership and rewarding early supporters.
Currently, in Stage One of its presale, Raffle Coin offers tokens for $0.016, with a total of six presale stages planned. With the audit successfully passed and team tokens locked for two years and liquidity locked for life, the platform prioritizes stability and security.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here
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