Crypto analyst, ParabolicPump, has issued a bullish outlook for the Kaspa (KAS) cryptocurrency, predicting a significant price surge after an extended period of sideways trading. According to the analyst, the current levels present an excellent buying opportunity for investors seeking exposure to an altcoin with substantial upside potential during the upcoming bull run. Accumulation Phase […]
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In this article, we delve into the market dynamics of Kaspa and Optimism. We discuss how Kaspa stands out from Bitcoin and Ethereum and Optimism’s prospects in Q2. But our focus is on Raffle Coin, a new kid on the crypto block. We explore its unique offerings and how its presale has managed to attract Kaspa and Optimism investors. Kaspa’s yearly halving event set to occur this Q2 Kaspa extends the proof-of-work (PoW) protocol by allowing blocks to co-exist and ordering them in consensus. This new protocol is called GHOSTDAG and has higher block rates than pure PoW protocols like Bitcoin and Ethereum. This approach was novel then and has given Kaspa a $3.4B valuation, making it part of the top 50 valuable crypto by market capitalization. Kaspa processes 1 block per second. In comparison, Ethereum takes 15 seconds while Bitcoin takes 10 minutes. Kaspa implements a halving event similar to Bitcoin that controls the supply of the token. Its halving pattern is once per year with monthly reductions. Some top analysts have noted that this halving event coincides with an upward trajectory in Kaspa’s price. Investors are hoping that this year’s halving, set to happen in Q2, would permanently overturn its current downtrend. Q2 presents positive market trends for Optimism Optimism is an Ethereum layer-2 (L2) blockchain. It uses optimistic rollups to scale the Ethereum ecosystem while still benefitting from Ethereum’s security. This is done through keeping a trustless record of transactions off-chain. Optimism is one of the biggest Ethereum L2 blockchains with over $1.1B in total value locked (TVL). This places it as the 5th L2 blockchain by market share. Ethereum’s latest Dencun upgrade is set to bring better features to L2 blockchains. However, the top news among Optimism investors is the Bitcoin halving event. The upgrade and the halving event are both occurring in Q2. Analysts have predicted that the combination of these market trends will spur the token’s price to new highs. Some Optimism investors are choosing to diversify their portfolio due to the losses of last month. These investors are choosing Raffle Coin and are moving holdings into its presale. Raffle Coin is exploiting decentralized governance Kaspa and Optimism investors are united in their confidence in Raffle Coin’s presale. But what value does Raffle Coin offer to the market to justify its popularity among this caliber of investors? Raffle Coin is exploiting decentralized governance to pioneer an innovative raffle platform. It offers users the chance to win lucrative prizes ranging from cryptocurrencies to cars, holiday opportunities, and more. Users only need to fill out a form with a name and an email address. Once registered, they can immediately fund their accounts and enter any raffle of their choosing. With instant withdrawals, users can cash out their crypto prizes within seconds and swap unwanted prizes for crypto. Raffle Coin’s presale is ongoing and in its initial stage. At a discounted price of $0.02, getting in now is the only way to ensure maximized returns. Raffle Coin introduces fun and exciting rewards to the blockchain. Find out more about the presale by visiting this website. Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.