Some analysts have likened the current market dynamics to the calm before the storm. This is because cryptocurrencies are tanking but could potentially pump hard after the much-anticipated halving event. However, analysts have warned that some digital assets might fail to recover. For this reason, investors are looking to diversify into new but promising projects. […]
The post Raffle Coin’s Presale Gains Attention as a Beacon of Opportunity for Bitcoin SV & Algorand Amid Market Turbulence appeared first on Coin Edition.
Some analysts have likened the current market dynamics to the calm before the storm. This is because cryptocurrencies are tanking but could potentially pump hard after the much-anticipated halving event. However, analysts have warned that some digital assets might fail to recover.
For this reason, investors are looking to diversify into new but promising projects. Bitcoin SV (BSV) and Algorand (ALGO) holders are investing in Raffle Coin (RAFF), a new decentralized raffle system attracting both investors and users looking to have fun and earn money/rewards.
Bitcoin SV (BSV) Down Almost 30% in 14 Days
Bitcoin SV (BSV), a cryptocurrency forked from Bitcoin (BTC), has been down almost 30% in the past two weeks as the broader cryptocurrency market tanked. Trading at $71.24 at press time, Bitcoin SV (BSV) is up 104.9% in the past year, indicating that investors can be bullish on a longer time horizon. Bitcoin SV (BSV) is expected to maintain its price and avoid further losses.
Analysts argue that Bitcoin SV (BSV) has the potential to recover after the halving event. However, some analysts claim that it does not have much runway to grow as it is 85% down from its all-…
The post Raffle Coin’s Presale Gains Attention as a Beacon of Opportunity for Bitcoin SV & Algorand Amid Market Turbulence appeared first on Coin Edition.
