The cryptocurrency market is known for its high volatility. Indeed, there is always the possibility of loss of investments but there is equally opportunity to earn huge returns. In this article, we delve into the market conditions of Shiba Inu (SHIB) and Avalanche (AVAX) and the behavior of their investors.
Our major focus is on Raffle Coin (RAFF) and the reasons it is attracting the attention of Shiba Inu (SHIB) and Avalanche (AVAX) investors into its spectacular presale.
Shiba Inu (SHIB) experiences a downward trajectory after setting yearly high
Shiba Inu (SHIB) has fallen by 24% in the past week. This is coming after an impressive rally that saw its price increasing by 3x at its height. Since setting a new yearly high, it has been on a downward trajectory, exacerbated by a trading volume decline as investors rush to move out.
Shiba Inu (SHIB) investors are adding other projects to their portfolios and moving investments into them. Raffle Coin (RAFF) has stood out as one of the major projects Shiba Inu (SHIB) investors are looking into.
Avalanche (AVAX) on track to reach ATH, say analysts
Unlike Shiba Inu (SHIB), Avalanche (AVAX) has had an impressive week. Its price has increased by 28% from $42 to $55 and its trading volume rise of 35% in the past day indicates the token will maintain its trajectory in the coming days. It also set a new yearly high of $59 over the week and analysts think it is on the right track to reach a new all-time high by the end of the month.
Despite the positive outlook, Avalanche (AVAX) investors are not missing out on Raffle Coin (RAFF) and are already taking huge positions in its ongoing presale.
Raffle Coin (RAFF) is making a difference in the blockchain space
Amongst other emerging opportunities, Raffle Coin (RAFF) is attracting Shiba Inu (SHIB) and Avalanche (AVAX) investors. This popularity among investors begs the question of what makes Raffle Coin (RAFF) unique and what it is doing differently.
Raffle Coin (RAFF) is making a difference in the blockchain space with its decentralized raffle platform. It offers users the chance to participate in raffles and win unique prizes not exclusive to cryptocurrencies.
Investors interested in early opportunities should waste no time in joining the Raffle Coin (RAFF) presale. It is currently in stage 1 and is offering tokens at a discounted price of $0.016. As the price is set to increase as the presale progresses, this is the perfect time to enter the ecosystem.
A thriving ecosystem is assured as users enjoy a streamlined user experience and are incentivized to participate in the platform. Users have access to thousands of raffle listings and can join either instant, daily, weekly or monthly raffles.
Presale investors earn a share of 40% of the platform fees, distributed proportionally to their holdings and get early access to the platform. Investors should take advantage of this opportunity now to maximize their potential returns.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.