About $RACA Token:
Backed by OKX Blockdream Ventures and Tachyon accelerator by Consensys Mesh, RACA is a web 3.0 infrastructure solution provider.
In July 2021, RACA released its first web 3.0 product, a collection of PFP (profile picture style NFTs) for Maye Musk (Elon’s mother).
RACA earned $142 million in revenue from NFT drops in 2021. We launched the RACA NFT marketplace in September 2021. In less than 7 months, the total trading volume on the RACA NFT marketplace was more than 682 billion RACA by April 6, 2022. That is about $1.3 billion of trading volume based on the RACA price on April 6. There is an NFT marketplace inside Metamon Island on BNB/ETH chains. The trading volume during March 2022 was 3 billion RACA, which is about $60 million. A total of 500,000 Metamon game-characters have been released and have battled about 1.2 billion times in the past 6 months (by April 6). We have the largest 3D Metaverse on BNBChain/ETH, called the United States of Mars (USM), which was launched in December 2021. We gained registered wallet users of more than 30,000 within 30 days in March 2022. RACA has more than 20 languages communities, 660K Twitter followers, 510K Telegram members, and 90K Discord members.
How to buy $RACA with a payment card
1. Enter the amount of $RACA and fiat currency that you wish to purchase.
2. Verify your phone and email.
3. Enter or create $RACA wallet
You are given the option to enter your $RACA wallet address or create one using the Swipelux widget.
4. Pass KYC flow
This verification process helps protect you from fraud and other malicious activities.
5. You're now ready to buy $RACA with a credit and debit card.
Market Position and Adoption: RACA token has solidified its position in the market with remarkable adoption rates. Its value has caught the attention of traders and investors, gaining traction on numerous exchanges. This widespread acceptance is reflected in its impressive market capitalization of $1.17 trillion. The token's presence on over 657 exchanges indicates its accessibility and desirability within the crypto landscape. RACA's growth potential is further emphasized by its dominance percentages, with BTC at 48.8% and ETH at 18.9%. These figures showcase its rising prominence and potential to shape the future of the cryptocurrency market.
Technology and Platform: The technological foundation of RACA token stands as a testament to its innovative prowess. Built on Ethereum's network, the token operates with a high level of efficiency and security. This technological backbone ensures seamless transactions and reliable performance for its users. Additionally, RACA's presence on various blockchain explorers highlights its commitment to transparency and accessibility. Its integration with supported wallets further simplifies the user experience, making RACA token a practical choice for both newcomers and experienced crypto enthusiasts.
Team: Behind the success of RACA token lies a dedicated and skilled team. Comprising professionals with a deep understanding of blockchain technology and the evolving crypto landscape, this team has orchestrated the token's rise to prominence. Their expertise is evident in RACA's impressive milestones, from the launch of its web 3.0 products to its thriving NFT marketplace and expansive Metaverse initiatives. This team's commitment to innovation and excellence is a driving force behind RACA's continuous growth and success.
Competition: Within the competitive realm of cryptocurrencies, RACA token has managed to carve out its unique niche. While the market is filled with various offerings, RACA's distinctive features and strong value proposition set it apart. The token's focus on web 3.0 infrastructure solutions, NFTs, and its thriving Metaverse ecosystem positions it as a formidable contender. RACA's ability to adapt and innovate in response to market trends ensures that it remains a competitive player, poised to meet the evolving demands of the crypto space.
Supply: The supply dynamics of RACA token underscore its strategic approach to sustainability and growth. With a circulating supply of 336.76 billion RACA tokens, the project demonstrates a mindful distribution strategy that aims to balance accessibility and scarcity. The total supply of 431.42 billion RACA tokens, along with a maximum supply of 500 billion, illustrates careful planning to accommodate potential expansion while maintaining a controlled inflation rate. This well-managed supply structure contributes to RACA's overall stability and long-term viability within the cryptocurrency ecosystem.
1. Market Volatility: Like many cryptocurrencies, RACA token is subject to high levels of price volatility. Sudden and significant price fluctuations can lead to substantial financial losses for investors and traders. The unpredictable nature of the cryptocurrency market can make it challenging to accurately predict price movements and make informed investment decisions.
2. Regulatory Uncertainty: The regulatory environment surrounding cryptocurrencies is evolving and can vary significantly from one jurisdiction to another. Changes in regulations or the introduction of restrictive measures could impact the trading, issuance, or use of RACA token, potentially affecting its value and market accessibility.
3. Competition and Technological Advances: The cryptocurrency space is highly competitive, with new projects and technological advancements emerging frequently. RACA token may face competition from other tokens offering similar functionalities or innovative features. Failure to keep up with technological developments could lead to decreased demand and adoption.4. Liquidity Risks: Liquidity refers to the ease with which an asset can be bought or sold without causing significant price fluctuations. Low liquidity can make it difficult to enter or exit positions at desired prices, potentially leading to unfavorable trading experiences for investors.
5. Security Concerns: As a digital asset, RACA token is susceptible to various cybersecurity threats, including hacking, phishing attacks, and vulnerabilities in smart contracts. A successful security breach could result in the loss of funds and damage to the token's reputation.
6. Market Manipulation: The cryptocurrency market can be susceptible to market manipulation, including pump-and-dump schemes and price manipulation by influential players. Such activities can create artificial price movements and lead to losses for unsuspecting traders and investors.
7. Dependency on Technology and Infrastructure: RACA token's functionality relies on technology, including the Ethereum blockchain and associated infrastructure. Technical glitches, network congestion, or vulnerabilities could disrupt transactions and impact the token's usability.
8. Adoption and Utility Challenges: For tokens like RACA, adoption and utility are crucial factors in their success. If the token's intended use cases and utility fail to gain traction or prove valuable to users, it could impact demand and hinder the token's growth.
9. Regulatory Compliance: Ensuring compliance with evolving regulatory requirements, such as anti-money laundering (AML) and know-your-customer (KYC) regulations, can be challenging for cryptocurrency projects. Failure to meet regulatory obligations could result in legal consequences or restricted access to key markets.
10. Market Sentiment: Cryptocurrency markets can be influenced by sentiment, including news, social media trends, and investor sentiment. Negative news or a loss of confidence in the project could lead to rapid declines in the token's value.