Decentralized projects are expected to have an extremely bright future in the blockchain space, according to top investors. RaffleCoin is an online raffling platform that has been breaking down boundaries in the online raffling space. 

It's hard to blame investors, especially those with large holdings of Stacks and Mantle, for becoming enthralled by the functionality it provides. These traders are racing to participate in RaffleCoin as soon as possible as their tokens of expertise are experiencing noticeable corrections as we speak.

Stacks Market Movement and Where Investors are Heading

Despite being down more than 13% over the past week, STX has had a noticeable bounce-back in price for the day. It has been looking bullish these 24 hours, as its price is experiencing an increase of around 7.65%. This has given the community hope for the future, as STX is a project with solid utility that has been experiencing a correction in the market, something that happens to many similar projects.

Stacks’ market cap is still looking good, as it is sitting at number 26 on CoinMarketCap when measured by the statistic. However, its trading volume is down by over 46%, which indicates that investors are taking their bags to other projects, at least for the short-term. RaffleCoin’s presale has been one of those projects, considering how much buzz there has been around its name in the STX community.

Mantle Price Behavior

Mantle has been a shining example of growth for the crypto market over the past month. Its price recently surged to $1.26, outpacing the market with a gain of 3.49%. Notably, Mantle demonstrates power not only against the market but also by its gain against BTC, as evidenced by its 8.81% increase. Experienced traders indicate that there will soon be a 31.05% increase, with a surge to $1.64. Mantle's strong performance along with the recent market sentiment supports this confidence.

Despite MNT’s token success, investors are looking to take part of their Mantle bags towards other, more ambitious projects. They are looking for innovation from a decentralized project, and Rafflecoin is offering them exactly that. MNT enthusiasts have already been impressed by the token, despite the fact it’s in its presale stage.

Investor Interest Has Been Soaring, Especially from STX and MNT Communities

The presale of RaffleCoin has been huge news for investors in the Stacks and Mantle spaces. Traders claim that one of its greatest advantages is that RaffleCoin stands out from other online raffle platforms by offering its audience a decentralized platform. It also provides instant withdrawals and costs far lower than its conventional competitors. It also encourages users to hold tokens during presale by granting token holders the ability to influence decisions.

Since the project has passed its audit, safety and transparency are not concerns. Team tokens will be locked for two years and liquidity will be locked for eternity. This project has the potential to become a blue-chip crypto, as the team is among the best teams you can find in DeFi.

Find out more about RaffleCoin by visiting their website

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