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**Exploring Tether's Growth in Telegram Blockchain Ecosystem**

Apr 29, 2024

The use of Tether for peer-to-peer payments within the Telegram ecosystem has expanded, allowing for direct transactions from the app. This feature has contributed to the growth of Tether within the ecosystem.

Currently, Tether has a supply of over 110B tokens, with new tokens minted on various networks. Despite Tether-based tokens being less common compared to Ethereum, Polygon, BNB, and TRON versions, the Telegram community's engagement may lead to increased adoption.

Tether recently introduced the XAUT token, providing an additional option for trading real-world assets. With its proven resilience in the crypto ecosystem, Tether tokens are now backed by assets such as US Treasury Bills.

Binance Coin Introduces New Staking Opportunities

Beyond serving as a payment token, Binance Coin has various applications within the Binance ecosystem. The recent price recovery has pushed Binance Coin above $600, indicating its value to long-term holders.

Holders now have the opportunity to lock their tokens through Binance accounts to earn extra rewards and participate in airdrops. Binance Coin holders will soon be able to benefit from the Simple Earn program.

By locking Binance Coin, holders can earn Renzo Protocol tokens with a conservative APR of 1.69%. Binance Coin aims to engage its investors through staking opportunities and upcoming programs, including a new copy-trading feature.

Raffle Coin: Early Opportunity for Promising Gains

Raffle Coin presents an early opportunity to invest in a potentially lucrative project at an attractive entry price. The successful launch of the stage 1 presale offers access to a forthcoming Web3 raffle game platform. Raffle Coin plans to distribute 60% of its total supply during presale phases across different price levels. The maximum token supply for Raffle Coin on the Ethereum network is capped at 777,777,777 tokens.

Early investors can purchase Raffle Coin at just $0.02, aiming to benefit from its growth into a prominent blockchain project. The platform targets both power users and casual players by offering exciting raffle games.

Participants can engage in raffles exclusively through their Web3 wallet, with prizes ranging from crypto rewards to luxury items like cars. Presale buyers will enjoy long-term advantages, including voting rights and revenue shares from the platform. Raffle Coin plans to redistribute 40% of its fees to the community to incentivize long-term holding.

Kindly visit the official Raffle Coin presale website for more details.

Please note that the above insights are sponsored content and do not represent the views of CaptainAltcoin. Readers are encouraged to conduct their own research before engaging with any featured entities. This information is not financial or legal advice, and caution is advised when investing in crypto assets due to their high-risk nature. CaptainAltcoin holds no responsibility for any losses incurred from reliance on this content.

This content was originally posted on CaptainAltcoin.

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