The content and materials featured on this page are for educational purposes only. Major US hedge funds are heavily investing in Raffle Coin’s presale, anticipating it to disrupt the market alongside giants like Shiba Inu and Dogecoin. Many institutional investors have shifted to investing in cryptos because of the massive returns that appear possible in the market.
Normally, investors seek the most returns on the internet. Yet, not all tokens are getting interest and not in the same amount either. Rumors suggest that many US-based hedge funds are shifting into the Raffle Coin project as well, ahead of options like Shiba Inu and Dogecoin.
Our analysis determines whether this is the most reasonable action for investors at this time. However, Shiba Inu seems to have been excluded from this or at least feels the impact much less. Unlike other tokens that have seen declines of over 15% in 30-day charts going back to the 22nd of March, Shiba Inu has only lost 2.9%.
Even for recent gains, Shiba Inu surpasses most other tokens. It has improved by over 22% compared to the start of last week. Most other tokens record pluses much lower.
Shiba Inu’s 156.8% improvement compared to this point last year also stays well above what most other tokens record. There are many unknowns to this, so it is hard to conclusively say Shiba Inu is better than other tokens. However, it does seem to be less affected by current trends than other tokens at this time.
Shiba Inu holders will hope that continues. Currently priced at $0.16 (as of press time), Dogecoin shows some positive movement. Looking at a larger timeframe, Dogecoin is only down 0.03% compared to last week.
Given these trends, it’s possible Dogecoin could see renewed growth toward the end of the month. The idea seems to be that many investors are starting to trust Raffle Coin and are investing in proportion to this confidence. Raffle Coin is a crypto-based platform that allows users to play raffles within its ecosystem.
Raffle Coin has quick transactions, instant payouts, and a loyalty bonus that rewards users for playing on the platform. Users can also get more benefits through its VIP program. Even with these utilities, Raffle Coin is a cheap asset, selling for $0.02 per unit in the first stage of its presale.
With the additional benefits to presale investors, this may be the best time to buy. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page.
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