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Raffle Coin presale draws Tether, Binance Coin tradersĀ 

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Raffle Coin presale draws Tether, Binance Coin tradersĀ 

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

Tether and Binance Coin traders are turning their attention to the Raffle Coin presale, heralding a new venture in the crypto market with potential for significant growth.

With great promise of growth, Tether and Binance Coin traders are keeping an eye on the Raffle Coin presale. A new opportunity arrives in the cryptocurrency market with an expected increase in value. For investors looking to diversify their portfolios and participate in digital raffles, RAFF may have a lot to offer.

Tether performs well in the crypto ecosystem

Tether Coin was founded in 2014 but was originally called RealCoin. USDT was created to be a digital currency equivalent to the US dollar. In other words, from the beginning, it was proposed to be a 1:1 currency with the dollar, issued with the backing of a US dollar in reserves. The company reported having good reserves, including more than $80 billion in U.S. Treasuries. This shows the commitment to keeping each USDT token pegged 1:1 to the US dollar. 

With more than half of USDT currently issued on the Tron blockchain, Tether is a stable asset option for crypto traders. It is a digital currency alternative to the volatile fluctuations of traditional cryptocurrencies. With it, it is possible to carry out transactions between cryptos without the need to transform them into fiat currency, avoiding paying additional costs. In 2023, it achieved a record profit of $2.85 billion in the last quarter.

Binance Coin boasts of high trading volume

Binance Coin was launched in July 2017 as part of an initial coin offering, a type of fundraising used by cryptocurrency startups. During the ICO, 100 million BNB tokens were sold to the public for $0.15 cents each. Binance uses a coin ā€œburningā€ mechanism to help sustain the value of crypto. The company has already held more than 20 burn events that resulted in the destruction of more than 38 million tokens. 

Currently, BNB is trading for approximately $554. With a market capitalization of $82.9B, the trading volume was $2.45B in the last 24 hours, despite the -3.15% negative change in this same period. The circulating offer is around 149.54M BNB, which indicates a shift in supply and demand in the cryptocurrency market.

Raffle Coin emerges as a leading contender 

This is a decentralized platform that uses blockchain technology in raffles and offers increased security and transparency. Users can easily sign up, fund their accounts with cryptocurrencies, and start investing in Raffle Coin for $0.020. Participation in instant, daily, and weekly draws is just one of the attractions. In addition to the big monthly raffle, RAFF rewards active participation with a loyalty scheme that increases staking rewards.

Decentralized governance puts the power in the hands of users, allowing everyone to influence the platform. The revenue sharing and rewards program encourages contribution and continued growth of the ecosystem. Experts anticipate great appreciation potential for the Raffle Coin, with expectations of an increase of up to 20 times in value. This has attracted investors and users from all over.

Being a promising cryptocurrency, it has multiple uses. It’s just the starting point for those who want to be at the forefront of blockchain based raffles. Backed by a revenue sharing structure, Raffle Coin promises to deliver 40% of the fees generated on the platform proportionally among presale investors.

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.