Crypto projects from the previous bull cycles tried their best to offer technological advancements and improvements. Some, like Litecoin, offered light-weight payment solutions. Others, like Stellar, aimed to replace remittance technology and banking transfers. Now, some of the early investors have caught wind of the first presale round for Raffle Coin, with a goal of both utility and real-world value.
Stellar Trustlines Reach a Record in 2024
A lesser known feature of Stellar, trustlines, is reaching a peak in 2024. Trustlines are a way for Stellar wallet holders to establish their ownership of wrapped tokens. Stellar, while itself a niche asset, offers the opportunity to wrap any other leading token into its own ecosystem.
The Stellar ledger is much faster and can carry tokens and trades without the need for multiple wallets and direct main chain fees. Trustlines are also important so that Stellar wallets do not receive unwanted assets. The ability to wrap tokens also means that faked or duplicate tokens can be made and trustlines prevent the user from receiving those tokens.
The Stellar network peaked in new asset creation in 2022 and since then, users sifted out the best and most usable assets using the feature of trustlines. This indicator also positions Stellar as an asset with a future, despite the main token’s periods of sluggish performance.
Litecoin Expands Mainstream Acceptance
After the recent peak of Bitcoin to record prices, Litecoin caught the attention of mainstream investors. The acceptance of this asset hinges on a recent decision by the US Commodities Futures Trading Commission. After some deliberation, Litecoin was categorized as a commodity, opening the way for further mainstream trading products.
Litecoin is one of the assets that has remained a pure payment coin, without additional layers or tokenization. More recently, Litecoin also added MWEB, its next update for mobile wallets, which allows optional veiled transactions.
While exchanges require transparency, peer-to-peer usage of Litecoin now has more potential confidentiality.
Raffle Coin Brings Together Value-Seeking Investors
Raffle Coin is adopting the best features of well-known projects, to produce a mix of a gaming hub, marketplace and a seamless swap service. Raffle Coin will allow any user with a Web3 wallet the chance to join raffles, trade items and swap crypto assets.
To access the upcoming ecosystem, Raffle Coin is holding stage 1 of its token sale. A total of 777,777,777 tokens will ever be minted, with a cut for the team locked for two years. Holding the tokens in the Raffle Coin hub will give access to voting, decision-making and various forms of passive income.
Raffle Coin will allow the peer-to-peer creation of games, with both fast and week-long raffles for coin jackpots and valuable items. All presale investors will be eligible for a revenue share while they hold their tokens and the presale is a chance to grab those assets at only $0.020.
Check out the official website of Raffle Coin to find out more https://raffcoin.com
