Elite Raffles Price Prediction In terms of predicting the price of Elite Raffle NFTs over the course of the next few months or even years, this is somewhat challenging. After all, the value of NFTs is determined by the market forces of demand and supply. In other words, as more people look to buy Elite Raffle Tickets, this will have a positive impact on its market value.
ELITE RAFFLE NFT Price All of the 10,000 ELITE NFTS are available to buy via .19 at the equivalent of $250 each. As such, the actual price of each Elite Raffle Tickets in terms of ETH will depend on the market value of ETH at the time of the purchase. In terms of future value, this is dependent on market forces. As a prime example, the popular Bored Ape Yacht Club NFT series – which also consists of just 10,000 tokens, initially sold for the ETH equivalent of $200 back in April 2021. Since then, tokens have been purchased for over a million dollars – including by A-listed celebrities such as Eminem and Snoop Dog. As a result, as more and more people become aware of what NFTs have to offer, there is every chance that its market value will increase.
How Many ELITE NFTs Are There? As mentioned earlier, a total of 10,000 ELITE NFT have been minted – all of which have been made available to buy. Each ELITE Raffle NFT is defined by its number, which runs in sequential order. And this number will define whether or not you are a winner in the weekly prize draw. For instance, if you own ELITE Raffle Ticket 00025 and the number 25 is drawn as the winning number, you will be entitled to 2% of the main jackpot draw. Moreover, if you hold a Rare Raffle NFT and your number is drawn, you will win double the daily jackpot prize. Crucially, there will never be more than 10,000 NFTs in existence.
Upside Could Mirror the Success of Elite Tokens The ELITE Token is still being developed the team plans to launch before the end of 2022. Elite Coin has potential growth in excess of 2000%. This the case even though the broader crypto markets have been stuck in a bearish consolidation cycle for some time now. And as such, if the ELITE Raffle is anywhere near as successful as its expected to be, the upside potential could be huge. 1,000,000 Prize Draw As part of a broader marketing campaign, the team at Elite has announced that one NFT holder will win a Million Dollars. The draw for this will conclude once all 10,000 NFTs have been sold.
Only 10,000 Tokens As noted, just 10,000 ELITE NFTs will ever exist. This scarcity in supply gives each token intrinsic value over the course of time. And therefore, there is every chance that the value of ELITE NFTs will continue to rise. Don’t forget, Elite Raffles NFT can be bought and sold in the open marketplace just like traditional crypto assets. Rare Collections Of the 10,000 ELITE NFTs that have been minted, 25 are defined as a Rare Raffle Ticket. You won’t know if you have bought a rare NFT until you’ve completed your purchase. If you are fortunate enough to hold a Rare Raffle Ticket , and your number comes up in the daily prize, then you will win double the jackpot prize.
Weekly Prize Draw What are the benefits of learning how to invest in elite raffles? The first benefit of buying a Elite NFTs is that you will have guaranteed entry into weekly prize draw. The weekly prize draw is accessible only to NFT holders and is separate from the main jackpot, that is for 1 million dollars in bitcoin. Moreover, the weekly jackpot will amount to 2% of the main prize draw – which the team at ELITE estimate to be in the region of $10,000. Most importantly, once you own a ELITE NFT, your weekly prize entry is on a lifetime basis. Meaning – that for as long as you remain an NFT holder, you stand the chance to win a jackpot prize each and every week.
Why Buy Elite Raffle NFTs? In the section below, we take a much closer look at what Elite Raffles are, the best nft marketplace, and the many benefits that you will have access to by being a ticket holder. As one of the most exciting new NFT projects out there, Elite Raffles are definitely one to keep an eye on, particularly if you’re looking for a nft to flip.