There are many ways to ride the volatile waves of the cryptocurrency market. For some, they choose the safe way to get a stablecoin. These stablecoins, usually pegged to fiat currencies like the US dollar, offer security against market fluctuations, and top of the list is Tether (USDT). For others, they find projects poised to rise and ride them to higher profits.
Binance Coin investors have their eye on a new project, Raffle Coin (RAFF), and it seems like Tether holders will be joining the train soon.
Tether (USDT) faces regulatory problems again
Tether trading pairs have been delisted from the cryptocurrency exchange platform OKX for users based in Europe and European Economic Areas (EEA). This action comes as a result of upcoming regulations in the European Union that will require stablecoin issuers to be licensed electronic money institutions.
With USD Coin (USDC) being preferred in those regions, Tether (USDT) may decline in its trading volume and market cap.
Binance Coin (BNB) is expected to rise to $600
Binance Coin has been a solid player in the cryptocurrency industry and is among the top 10 cryptocurrencies by market cap. BNB is the native token of the world’s largest cryptocurrency exchange platform, Binance.
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BNB is trading at $556, having dropped by 5.46% in the previous 7 days. It has a 30-day trading volume of $131.33 billion and a market cap of $75.17 billion.
Despite the recent drop, analysts remain bullish on Binance Coin (BNB), predicting it could still rise to $600.
Raffle Coin (RAFF) has unique opportunities for making profits
Raffle Coin is set to change the traditional way of playing raffles and lotteries. RAFF employs an easy-to-use interface that is neither complicated nor cumbersome. Users can easily navigate this system to any available raffles and win exciting prizes. These prizes could be clothing, cars, or exclusive holidays.
Raffle Coin allows users to swap their winnings for crypto if they do not want to keep the prizes. Interestingly, RAFF coin will enable users to choose the cryptocurrency they want to be paid out in. All payments are instant, as Raffle Coin will never delay withdrawals.
Raffle Coin is selling a token at a giveaway price of $0.020. Each token held qualifies investors for numerous rewards. For example, token holders get to share 40% of the revenue generated from the platform, and each one gets a part of this revenue depending on the number of tokens they hold. All token holders also participate in a $100,000 at the end of the presale.
RAFF has unique opportunities you would not get anywhere else. It is only in stage one of its presale, which means it is still very early to get in and make significant profits.
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Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
