Tether and Cosmos holders join Raffle Coin presale, eye potential gains

Early investors are drawn to Raffle Coin’s presale, eyeing significant returns, as Tether reaches a $100 billion market cap and Cosmos searches for its next big move.

Cosmos (ATOM) has underperformed, leaving investors wondering what its next move could be. Tether’s market cap (USDT) has swelled, showing that more capital is flowing into the market.

Are Tether (USDT) and Cosmos (ATOM) holders justified in joining the Raffle Coin (RAFF) presale?

Tether surpasses $100 billion market cap

Tether USDT, the leader in the stablecoin segment, has surpassed a market cap of $100 billion, underscoring the fact that more capital is flowing into the market.

At the same time, Tether continues to play a pivotal role in the cryptocurrency ecosystem, serving as a key indicator of investor sentiment. T

he market cap of Tether has grown from $96.2 billion on February 10 to $102,02 billion on March 10.

A notable event occurred on January 29 when Tether Treasury minted Tether USDT tokens worth a substantial $1 billion.

This injection of capital prompts an intriguing examination of where these funds are flowing within the crypto space.

Cosmos is underperforming

Cosmos seems to be underperforming compared to the leading digital cryptocurrencies. For the past year, the price of Cosmos increased 24% after rising from $11.12 on February 10, 2023, to $13.17 on March 10, 2024.

Cosmos, distinguished by its mission to simplify blockchain technology for developers through a modular framework, could be the next potential candidate for the next rally amid the surge of meme coins and AI crypto coins.

At its current price, Cosmos is 70% down from its all-time high of $44.70 achieved in September 2021.

Raffle Coin presale attracts investors

Raffle Coin (RAFF) is a decentralized platform aiming to change the lottery industry by democratizing access to various draws where users can win prizes such as clothing or cryptocurrencies.

Unlike traditional lottery platforms, Raffle Coin stands out by eliminating the need for KYC checks during the registration phase, fostering an inclusive and democratic environment for all users.