8/15/2023 0 Comments Raca coin binance![]() When bitcoin crashed towards the end of 2021 and throughout January 2022, RACA followed suit. In one bull run, RACA jumped 224% between 8 and 14 October, from $0.0037 to $0.012. RACA enjoyed a consistent rise in value in Q4 of 2021 after the launch of Radio Caca’s NFT marketplace in September and the Metamon game in October. In terms of distribution (as of 30 November 2021), Radio Caca stated that 29.3% of total supply was released to the public 23.39% staked 11.41% burned 8.45% kept in a treasury 6% set aside for the team (equal at current prices to $24m) and the rest dedicated to marketing, liquidity and other operational purposes. There are 3,805 unique addresses holding RACA, the top 10 of which own nearly 97% of supply, a highly concentrated figure. Users may also stake RACA or NFTs in return for various NFT rewards. In total, Radio Caca has 80 million RACA tokens locked up in liquidity until May 2024. However, PancakeSwap only had $16,000 of liquidity at a recent reading. The primary centralised exchange (CEX) for trading RACA is Gate.io, while PancakeSwap is the primary decentralised exchange (DEX). A recent 24-hour trading volume of $20.1m equalled just 5% of market cap. The current circulating figure is 190.88 billion and the latest trading price is $0.0021, making for a market capitalisation of just over $400m. The total supply of RACA is slightly shy of 430 billion, deployed predominantly over the Ethereum and Binance blockchains, with a smaller supply over OKEx and Solana. ![]() What is Radio Caca (RACA) looking like as a project and investment opportunity? The RACA token Given this steep rise in popularity, let’s have a look at the Radio Caca price prediction for 2022 and beyond. Unfortunately, apparently because of corrupted metadata, some buyers lost their digital assets, requiring Radio Caca to implement a reimbursement programme in November 2021. This was more than just a name drop. Musk was directly involved in the creation of the NFTs, as stated in a recent roundtable and various tweets. In June 2021, Maye Musk, mother to the electric vehicle magnate and meme coin enthusiast Elon Musk, announced a partnership with Radio Caca to create ‘500 Maye Musk Mystery Boxes’, designed by Radio Caca’s artists and released via the Binance-based NFT exchange BakerySwap. RACA’s NFT marketplace has handled over two million NFT transactions – Photo: Ī certain high-profile (some might say bizarre) endorsement may have significantly contributed to this rise in interest. By RACA’s own count, 4,321 NFT transactions were handled over a recent 24-hour period, valued at nearly $880,000 (£648,500). The native RACA token is currently on nearly 12 million CoinMarketCap watchlists. Unfortunate name aside, Radio Caca has managed to amass tremendous attention in the NFT space. RACA is also the in-game currency of the blockchain-based NFT game Metamon, in which users buy and trade cutesy characters and items. The Radio Caca (RACA) token is the native cryptocurrency of the ‘USM Metaverse’, an in-development digital environment pitched as a contender to The Sandbox and Decentraland.
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