Shaking up the raffling industry, Raffle Coin has caught the attention of many online raffle enthusiasts, as well as experienced Shiba Inu and Dogwifhat crypto traders. These investors have a knack for spotting a diamond in the rough and considering how much hype there has been around this project lately, it is safe to say that the sky’s the limit, especially when you take into account the utility Raffle Coin brings.
Shiba Inu’s Recent Price Movements and What That Means for its Future
It is no secret that Shiba Inu’s market is quite volatile. This is true for most memecoins. However, SHIB has cemented itself within the top cryptocurrencies by market cap and withstood the test of time. For the week SHIB is experiencing a small correction of 13%, yet for the month and the year, it is #bullish.
Some big news that shook up the community from this week was the fact that 322.8 Million SHIB were fried in the furnace, more specifically transferred to unspendable blockchain wallets and locked there for good, which lifted the weekly burnup rate by 96%.
Furthermore, it was announced recently by Shiba Inu’s official X account that they were the number one traded cryptocurrency on India’s biggest exchange WazirX, for March. News like this makes the SHIB community even more bullish and that is why people are still holding their bags.
Frogwifhat Recent Behavior and Community
The community of the memecoin has been going insane over the past month and it is with good reason. It is no secret that memecoins with the interfix “WIF” have been blowing up this bull run, a trend that Dogwifhat started. The price is fluctuating around $3.88 with it currently being down by 5.25% in the past 24 hours, although the entire crypto market is experiencing a correction so that information should be taken into account when considering Frogwifhat and its future potential to skyrocket.
When talking about a token like FWIF, it will always have an upside, it has the right utility to blow up, however experienced traders will tell you that any memecoin investment should be taken with a grain of salt, should be researched and most importantly should be with funds you’re willing to lose, especially considering a low cap coin like Frogwifhat. Memecoin season comes and goes, but the savviest of investors who can spot an opportunity early are the ones with the biggest bags in the end.
Raffle Coin’s Presale Among the Top Talking Points for Experienced Memecoin Traders
The decentralized nature of the platform has been the main talking point amongst many enthusiasts. That is simply a feature that is innovative, different and something that no other Raffle platform has. Fees are also significantly lower than traditional platforms and when you pair that up with instant withdrawals, you get Raffle Coin’s utility. Furthermore, the platform incentivizes users to complete simple tasks to participate in the growth of Raffle Coin as a whole.
Transactions are secure and transparent, no rug pull is going to happen regarding this project. The audit has been passed, team tokens will be locked for 2 years and liquidity will be locked for life. It is undeniable that Raffle Coin has the potential to be a trailblazer in its industry, as well as even a blue chip crypto sooner rather than later. At a price of $0.016 in just stage 1 of presale, many experienced investors agree that it is a bargain.
Find out more about Raffle Coin by visiting their website.
