The tide has turned into a profitable one for cryptocurrencies throughout the global market as assets like Chainlink (LINK) and Polygon (MATIC) continue on their upward stride.
This trend has raised questions amongst Chainlink (LINK) and Polygon (MATIC) investors about the potential profitability of newer projects in their presale phase. These include projects like Raffle Coin (RAFF), which as a new contender, sets the stage for monumental gains.
What you'll learn 👉
Chainlink (LINK) Records Profits as Spot Crypto ETFs Hit The Market
Chainlink (LINK) possesses a unique use case as it translates real-world information into the Blockchain in real time to provide information that drives Blockchain-based services. Recently, the SEC has approved many crypto Spot ETFs and Chainlink (LINK) is in a perfect position of adoption. Many ETF providers require real-time user data and wallet balances to track market movements.
This necessitates the integration of Chainlink (LINK) through its Proof-of-Reserve consensus mechanism. The protocol’s node operators, called oracles, can track this data and supply it to ETF firms as required. Sergei Nazarov, Chainlink’s (LINK) founder, pointed out that Spot Crypto ETFs are a perfect chance for market expansion, attracting new buyers into Chainlink (LINK) and the crypto industry.
Polygon (MATIC) Faces Potential Decline Despite Bullish Trajectory
Despite its recent upward position, Polygon (MATIC) may soon make a retrace as analysts forecast a market correction. Polygon (MATIC) has performed well recently as it recorded a 22% increase in trade volume and a 6.9% price surge this past week while maintaining a monthly increase of 35%.
Experts are anticipating a market correction as they await the trend of Polygon (MATIC) in the next few days. This might threaten to send the Polygon (MATIC) price below its recent $1 milestone. If the market trends continue to signal a market correction, Polygon (MATIC) will see a downward spiral. Still, if the current bull run persists, an upward trajectory is anticipated as investors consider Raffle Coin (RAFF).
Raffle Coin (RAFF) Reveals Potential 100x Goal as Presale Phase Continues
The first stage of the Raffle Coin (RAFF) presale phase is well underway with 5 stages to go. Analysts are optimistic about an exponential price surge as investor interest shows promise in the new project. Raffle Coin (RAFF) is a decentralized open-source platform that seeks to bring the lottery industry into the Blockchain.
The multi-billion dollar industry has been heavily regulated by centralized bodies that collect exorbitant commissions and heavy taxes on winnings. Raffle Coin (RAFF) intends to grant its users full asset ownership and security. A diverse option of raffle draws are available for users to choose from.
Raffle Coin (RAFF) is strong on community growth as is observed through its loyalty bonus scheme which rewards users who complete multiple transactions on the platform. A revenue-sharing scheme and a VIP staking bonus are also open to early access presale investors, promoting a surge of new users to the platform.
At its current presale phase, Raffle Coin (RAFF) tokens are available for $0.016 and are selling out fast. The potential profitability and unique features of this project are indicators that it could be the next blue chip asset.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
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