RAP Is Surprising Crypto Investors Today Too Late To Jump Onboard?

Philosoraptor (RAP) has made a strong entry into the crypto market, with its price surging rapidly upon launch.

According to data from CoinMarketCap, Philosoraptor’s (RAP) surge in price is evident in its market cap of over $214,000 just over 24 hours after launch.

Even more impressive is the trading volume RAP has achieved within the past day, which amounts to $4.06 million. This high trading volume further emphasizes the level of interest and activity surrounding the token.

With Philosoraptor’s price surging rapidly, many investors question whether it is too late to get on board. But while RAP has garnered significant interest, there is an alternative token DeeLance, also making waves in the virtual asset space.

DeeLance is a trending presale token that has attracted attention due to its unique features, potential use cases, and market prospects. Investors who may have missed the initial surge of RAP may consider exploring DeeLance as an alternative investment opportunity.

Key Data Supporting RAP’s Performance

Philosoraptor (RAP) has been making significant strides in the virtual asset environment, as indicated by key figures derived from Dextools data. 

Pooled RAP

One notable figure is the Pooled RAP, which has reached 380.43 million. This substantial increase showcases the growing interest and accumulation of RAP tokens within various liquidity pools.

RAP’s 24-hour trading volume

Furthermore, the 24-hour trading volume for RAP has surged to $4.06 million. This figure reflects the high level of activity and trading occurring with the crypto token.

Total RAP liquidity

Regarding liquidity, the total for Philosoraptor has risen to $173,520. This liquidity figure represents the total value of RAP tokens available for trading, indicating a healthy market.

Pooled WETH

The Pooled WETH figure is also noteworthy, as it has risen to 44.08. Pooled WETH refers to the amount of Wrapped Ethereum (WETH) paired with RAP in liquidity pools. This figure indicates the popularity and demand for RAP among those trading and investing in the token.

RAP’s market cap

Regarding market capitalization, Philosoraptor currently boasts a total market cap of $215,320. This figure represents the overall value of all RAP tokens in circulation and reflects the market’s perception of the token’s worth.

RAP’s total supply

The total supply of RAP tokens is approximately 944.22 million, which is the total number of RAP tokens. Additionally, 8.57 million RAP tokens are equivalent to one Ethereum (ETH).

These figures provide a better understanding of the token’s availability and relationship to the Ethereum ecosystem.

Token holders

Finally, the number of token holders stands at 708. This figure signifies the total count of unique individuals or addresses holding RAP tokens.

Technical Analysis Of RAP

Predicting the future price path of a cryptocurrency like Philosoraptor (RAP) involves considering various technical indicators. Based on the current analysis of a 5-minute price chart, there are more chances for a bullish trend than a bearish one for RAP.

One positive sign is that the token is trading above the moving averages. Typically, a price above the moving averages indicates a bullish sentiment in the market.

Additionally, the MACD line above the signal line is another encouraging sign. However, caution should be exercised as the Relative Strength Index (RSI) is currently above the 70 mark, representing the overbought zone.

The RSI measures the speed and change of price movements and indicates potential overbought or oversold conditions. An RSI above 70 suggests that the token may be overbought and could potentially experience a price correction.

It’s important to note that analyzing a 5-minute price chart may not provide a complete or accurate prediction of the future price path. Shorter timeframes can be subject to more volatility and noise, making it difficult to ascertain long-term trends.

Factors That Could Influence The Price Of RAP

The price of Philosoraptor (RAP) is subject to various factors that can influence its value in the market.

One significant factor is the legal regulations surrounding digital currencies. Governments may introduce new regulations or policies impacting overall sentiment toward digital assets. 

Positive regulatory developments, such as the recognition and acceptance of crypto assets by regulatory bodies, can positively affect RAP’s price and vice versa for negative regulatory actions.

The adoption of crypto assets by governments and corporations can also play a crucial role in determining the price of RAP. If the token gains recognition as a valuable digital asset by influential entities, it can increase demand and drive the price upwards.

Moreover, reputable organizations’ partnerships, collaborations, or endorsements can further enhance its value. The principle of supply and demand is another important factor that can affect the price of RAP. 

It’s also worth noting that the launch of RAP on different crypto asset exchanges can also impact its price. When a token gets listed on exchanges, it increases its accessibility to a broader range of investors, potentially boosting demand and driving up the price.

Additionally, trading on multiple exchanges can increase liquidity, stabilize the price, and attract more investors.

How To Buy The RAP Token

Here are a few simple steps to buy the RAP token using ETH.

• You can create a digital asset wallet that will help you store your RAP tokens securely. One popular option is MetaMask, a browser extension wallet compatible with various web-based applications.
• Since RAP is typically traded against Ethereum, you must acquire ETH to purchase. You can obtain ETH from a crypto asset exchange by creating an account and purchasing ETH using your preferred payment method.
• After acquiring ETH, you must connect your MetaMask wallet to the Uniswap decentralized exchange. Open the MetaMask app or browser extension and click on the extension icon.
• Once connected to MetaMask, visit the Uniswap website or access it through the Uniswap interface within the MetaMask app.
• Inside Uniswap, you will find a simple and intuitive interface for trading tokens. Typically, the transaction occurs without additional taxes. So, while you won’t need to purchase the token with a specific spillage, the spillage is essential during market volatility.

Deelance and Its Presale Performance

Deelance is the first crypto project using the power of Web3 technology to revolutionize staffing processes.

The platform plans to redefine the remote working system to create a seamless working environment that connects recruiters to the available freelancers to take up their tasks, work on them, and get paid.

The project wishes to utilize the power of blockchain technology to create an avenue that will be user-centric, allowing sellers and buyers to directly own their works. Also, the ownership of works will be efficient and transparent. 

The project team at Deelance plans to achieve this by building an ecosystem with a utility token, $DLANCE, on blockchain technology to ensure that the ecosystem is secured.

Users will experience instant settlements on crypto assets and minimal transaction fees within the ecosystem. The project has 3 main pillars: an advanced marketplace for NFTs, an innovative platform for recruitment, and a revolutionized Metaverse. 

Again, the project ecosystem consists of 7 features that will help keep users engaged and ensure the project’s long-term sustainability. These features include escrow, ownership, staff recruitment, business simplification, transparency, fast payments, and low fees.

$DLANCE Presale Performance

Deelance has 6 presale stages for its token, $DLANCE. Each stage has a particular selling price and a particular fundraising benchmark.

The presale has gained much success since its launch. As of June 27, 2023, the project team, on its Twitter page, shared that its presale has surpassed $1.44 million.

Today, July 3, 2023, the presale has a unit of $DLANCE valued at $0.043 and has raised 1,469,559.072 as of the time of writing, close to its presale stage threshold of $2,300,000. It promised to list the token on exchanges at the selling price of $0.057.

How to Purchase $DLANCE

The Deelance token can be bought using USDT, ETH, or bank credit/debit cards. Follow the below steps to purchase $DLANCE.

For Mobile Users

• Only MetaMask and Trust Wallets are recommended; visit your app store to install one if you do not have anyone
• Navigate the wallet and click on the browser tab
• Type in deelance.com on the search bar
• To connect your wallet, click on the Buy button
• Choose the wallet to connect to (MetaMask or Trust Wallet)
• Select the button for the currency you have in your wallet
• Put the amount of the currency you wish to swap with $DLANCE
• When it asks for your approval, click on the confirm button
• Your transaction will pop up a successful window at this time if you carefully follow the steps.

For Desktop Users

Install MetaMask: the project team recommended MetaMask decentralized wallet, visit the MetaMask official site to download and install the MetaMask browser extension. 

Create a wallet: after installing the MetaMask, navigate it and click on Create a Wallet button. This will display a public key attached to your wallet. Save it securely.

Set a secure password: create a strong password using letters, numbers, and special characters.

Save your 12-word recovery phrase: after creating your password, it will bring out a 12-word phrase for wallet recovery in case you lost it or changed a device.

Connect your wallet to the Ethereum network:  the MetaMask wallet has Ethereum set by default, and the Deelance token can only be purchased on the Ethereum network. So, there is no need to change the set network.

Import Deelance to your MetaMask Wallet: to import Deelance on your MetaMask wallet, click on the import tokens button; it will provide a space for you to paste a contract address. Copy and paste this contract address into the space. 

Put the amount of ETH you wish to swap: After pasting the contract address, put the quantity of ETH you want to swap with $DLANCE and proceed. 

Afterward, click on the confirm button. Your transaction should be successful if you adhere to the steps provided.