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Raffle Coin presale draws investors amid VeChain, Pepe downtrends

Press Releases
Raffle Coin presale draws investors amid VeChain, Pepe downtrends

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

As VeChain and Pepe experience downturns, Raffle Coin’s presale emerges as a beacon of opportunity, offering early investors the chance to join at an enticing stage 1 discount.

Crypto markets are now competing for the scarce attention of investors. Even successful projects from previous bull markets are abandoned in search of more solid opportunities. VeChain failed to recover to the satisfaction of buyers. Former meme star Pepe looks poised for a downtrend. The only crypto project waxing stronger is Raffle Coin’s ongoing presale, still at the deepest discount during stage 1. 

VeChain points attention to web3 features

VeChain aims to regain its prominent position by tapping into the web3 trend. VeChain has already shown its interest in creating NFT identities and using the blockchain to identify and certify physical items.

VeChain also focuses on self-custodial wallets, recently creating a card-like wallet that is easy to use and confidential. VeChain aims to educate and onboard a new generation of long-term investors, but it has lost its appeal for a short-term rally. VeChain has multiple competitors during this stage of the bull market, and while building continues, investors may move on to other projects. 

Now, VeChain users can apply to get one of the 600 exclusive Tangem cold wallets specially created to participate in Web3 projects. Despite this, VeChain’s market price is stuck at around $0.04 on relatively low trading volumes.

Pepe fades on diminished memecoin potential

Pepe was one of the first movers of a new generation of meme coins, which hinged on Internet influence and an irreverent sense of humor. Now, Pepe is showing some shakiness and predictions that the coin’s best days are over. 

Currently, the Pepe project counts around 300 new holders per day while still aiming for high-grade social media engagement. Parts of the community are still trying to tap social media and cause another Pepe rally.

Pepe had its best rally between January and March, starting out at extreme sub-penny prices and peaking at the $0.00001 range. After that, Pepe gave risky traders a chance with a wild, choppy month. Now, with new memes aiming to grab a piece of the market, Pepe seems on the way out. 

Raffle Coin resolves the downtrend

Starting out at $0.020, Raffle Coin offers the best possible return for early buyers. The stage 1 presale is fast running out of tokens. Raffle Coin will also cap the supply at 777,777,777 tokens, of which the team’s allocation will be locked for two years. The potential for scarcity and the incentive to hold coins will mean each Raffle Coin is likely to gain value over time. 

Raffle Coin aims to use the best practices to keep its community engaged. A user-friendly product will make all raffle games extremely easy to play. Raffle Coin will also include tools for creating proposals and voting. 

Over time, VIP power users will be able to ascend the steps and tiers, earning progressively more from their involvement. Even small-scale token holders will be able to earn through daily challenges and milestones while having an incentive to hold for the long term. 

To learn more about the Raffle Coin presale, visit the 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.