Cronos (CRO) and Arbitrum (ARB) holders are flocking to participate in the Raffle Coin (RAFF) presale as they are enticed by staggering forecasts of up to 800% returns. That comes after the crypto market experienced a prolonged downtrend within a bull market.
With analysts almost certain that the market will recover, investors are aggressively buying new cryptocurrencies in their presale stages. For example, Raffle Coin (RAFF), considered one of the best new cryptocurrencies to buy in Q2 2024, is at its lowest price. That has presented a window of opportunity for savvy investors to make huge returns when the market regains steam.
This article explores why Raffle Coin could be a better investment than Cronos and Arbitrum.
Cronos (CRO) Undergoes Upgrade to Improve Performance
Cronos, an open-source blockchain developed by crypto exchange Crypto.com, announced its mainnet upgrade was successful. The Cronos upgrade brings a series of enhancements tailored for backward compatibility and RPC (Remote Procedure Call) optimization.
The upgrade is a step in the right direction, and CRO investors will closely monitor how it affects its price. On the price front, CRO is down 3.6% in the past month, as it goes for $0.1325 at the time of writing. Analysts are bullish on the long-term outlook of Cronos but have warned that it could face further selling pressure in the short term.
Arbitrum (ARB) Deploys Fraud Proofs in Testnet
Arbitrum, a renowned Ethereum layer-2 scaling solution, took a step toward decentralization by upgrading its testnet. In a recent update unveiled on April 16, Offchain Labs, the team behind Arbitrum, announced the successful deployment of the permissionless iteration of their fraud-proof mechanism, known as Bounded Liquidity Delay (BOLD), onto the testnet. That makes Arbitrum the first layer-2 solution to launch fraud proofs on its testnet.
With BOLD now operational on the testnet, Arbitrum is poised to be more decentralized and robust. Investors have welcomed the development, as it could stop the price of ARB from bleeding further. At press time, ARB is trading at $1.22, a 24% decline in the past month.
Raffle Coin (RAFF): A Clear Path to 800% Gains
Raffle Coin has become one of the most sought-after new cryptocurrencies due to its appeal to investors and targeted audiences. To start with, Raffle Coin is a decentralized raffle system that promises mouth-watering prizes such as holidays and cars to participants.
With ambitious plans to become one of the most profitable ventures in the crypto sphere, Raffle Coin distinguishes itself by offering a unique value proposition: a share of platform fees allocated to presale investors. Analysts claim that RAFF could easily become a blue-chip cryptocurrency and leader in its sector.
Many investors see RAFF as an easy path to 800% gains. That has pushed many investors to buy Raffe Coin for only $0.020 in stage 1 of the presale. Prospective investors should sign up in time to buy Raffle Coin (RAFF) because it is a well-known fact that early birds catch the fattest worms.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
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