The 2024 bull market was so effective that it raised even the most stagnant tokens. One of the controversial hard fork coins, Bitcoin SV, once again went close to three-digit levels, gaining 100% last quarter. Algorand is also making short-term upward runs, though it is seen more like an afterthought than a hot new thing. In this climate, Raffle Coin (RAFF) looks like a rare opportunity with almost guaranteed gains from the lowest possible presale price.
Bitcoin SV Prices Go Up, but How Far?
Bitcoin SV is still close to $100, but the gains are never long-lived. Bitcoin SV trades at $93.89, on unusually low trading volumes. During past bull markets Bitcoin SV had a much higher profile, and at one point it had pretensions of replacing Bitcoin.
In April 2024, Bitcoin SV reached only 10% of its peak trading volumes, at around $150M per day. Those small volumes allow for short-term gains, but also significant slippage. Bitcoin SV is also losing real-life users, despite its goals for unlimited scaling. Analysis of the Bitcoin SV chain shows almost no transactions, showing its community may be moving to other platforms.
Bitcoin SV is now ranked at position 60 based on its market cap. In the current bull market, most forked coins are underperforming, a side effect of the controversy and the loss of their communities.
Algorand Unravels to One-Month Low
While Q1 was successful for most prominent crypto coins, Algorand took a step back. The token is preparing to finish the first week of April on a downward note, trading at $0.23.
At this price, some analysts see Algorand as a stacking opportunity. Unfortunately, there are enough booming coins, so stacking seems like an outdated strategy and a way to miss out on better opportunities.
Algorand lost 30% of its value within weeks, while its trading volumes also gradually slid to $73M in 24 hours.
Raffle Coin Offers Best Presale Options in April
The best option to buy Raffle Coin is quickly running out. During the stage 1 presale, early buyers got the best price of only $0.02 per token.
Raffle Coin Presale knows not to keep investors waiting, so it has a strong vision of what its platform will offer. Immediate utilities will include an easy user interface and services like zero-commission exchanges for a wide selection of tokens.
Raffle Coin will bring together the organizers of raffle games and potential players. Anyone can interact with the Raffle Coin platform, using their wallet as a Web3 identity.
Raffle Coin will offer perks to anyone, sharing profits with all token holders. The opportunity is limited by the token supply of 777,777,777 RAFF tokens. The fully audited launch will also include lifetime liquidity for the project. The team will also pledge its long-term commitment by locking its token treasury for two years.
Check out the official website of Raffle Coin to find out more here.
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