Investors in the crypto market fear missing out on tokens that have profitability potential. On the other hand, the market volatility has made investors skeptical about investing in new tokens and they need to know its record or how it would respond to market movement. Therefore, these investors are at a crossroads of not missing out and not making bad financial decisions.
To those investors who are taking the bold step to invest in the presale phase of Raffle Coin (RAFF), they have identified that it is a very promising investment opportunity. Therefore, no profit-driven investor should miss the Raffle Coin (RAFF) presale. The earlier they invest at a ground price of $0.016, the better.
Seven Years After Launch, Is Solana Meeting Expectations?
Solana (SOL) was founded in 2017 as an open-source project with its blockchain protocol run by Solana Labs. Since then, Solana (SOL) has achieved a record high value of 12,000% and surpassed a market capitalization of $75 billion. Solana (SOL) achieved all these feats during the 2021 crypto market boom.
However, when the bearish market was biting hard in December 2022, Solana (SOL) was still catching up as the market capitalization dropped to about $3.63 billion. More than a year later, Solana (SOL) is struggling to reach that market capitalization recorded in 2021. Solana (SOL) can consolidate on the ongoing bull market, leading to a surge in price value.
However, is the current performance meeting the expectations of investors who have held the token in their investment portfolio for the last seven years or those who witnessed the 2021 boom and anticipate the recurrence in 2022, 2023 and now 2024?
Polkadot (DOT) Surpass $12 Billion Market Capitalization While Holders Scramble For Raffle Coin (RAFF)
Polkadot (DOT) is one of those tokens that can boast a billion-dollar market capitalization with about 1.2 Million holders. Analysts say more than 53% staked and bonded Polkadot (DOT) tokens, leaving about 47% in circulation.
Similarly, Polkadot (DOT) has an intuitive and highly functional network where other DeFi and web3 protocols deploy their projects. Web3 protocols such as Astra, HydraDX, Moonbeam and Pendulum use Polkadot (DOT) parachains for operation. Some of these deployments on the Polkadot (DOT) blockchain have helped attain the $12 billion market capitalization and increased price surge. Despite this impressive run, Polkadot (DOT) holders scramble to buy Raffle Coin (RAFF) in the first stage of its presale.
Raffle Coin (RAFF) Attracts Investors From Solana (SOL) And Polkadot (DOT)
The common feature that cuts across Raffle Coin (RAFF), Solana (SOL) and Polkadot (DOT) is that they all have multiple use cases, allowing for interoperability and faster transaction speed. While Solana (SOL) and Polkadot (DOT) have had remarkable times in the crypto market, investors are looking toward newcomers like Raffle Coin with profitable potential.
Polkadot (DOT) and Solana (SOL) holders who scramble to buy Raffle Coin (RAFF) said the decentralized lottery participation, the advance staking and reward features are what attracted them. They said Raffle Coin (RAFF) is compatible with various decentralized finance (DeFi) protocols, making it easy to swap your rewards.