Bitcoin (BTC) has broken new all-time highs after surging past $72K earlier this week. As of press time on March 15, Bitcoin (BTC) was trading at $68,196, down 7% in the past 24 hours of trading after peaking earlier at $73,737 to set a new all-time high. That has driven a spate of fresh interest in older altcoins that peaked in the last cycle like Shiba Inu (SHIB), as well as newly-launched protocols that could turn in outsized gains like Raffle Coin (RAFF).
Learn why Raffle Coin (RAFF) is looking every bit of an early winner in 2024 and why the smart money is buying into its presale launch.
Bitcoin (BTC): Is a Correction Imminent?
Bitcoin (BTC) has been steadily rising for the past month, reaching new all-time highs as any temporary dips on the way to $74,000 are quickly bought up almost instantly. However, technical analysis indicates that Bitcoin (BTC) could be in for an imminent correction. After all, Bitcoin (BTC) prices have almost doubled, trading around $38,000 in late January to a new all-time high of $73,737 without any major retracements indicating a cooldown waiting in the weeds.
Shiba Inu (SHIB): Further Uptrend Possible with Increased Burn Rate
The 400% spike in Shiba Inu’s (SHIB) burn rate could help sustain the run that the meme coin has been on since the past month. As of March 15th, Shiba Inu (SHIB) was trading at $0.00003162, recording a whopping 207% gain in the past 30 days even as massive profit taking has already occurred. Should the demand outstrip the supply in the next meme coin buying frenzy, Shiba Inu (SHIB) could yet see another solid rally in the works for the remainder of March. However, if Shiba Inu (SHIB) falls below $0.00003, it could trigger a selloff that could test lower support at $0.00002.
Raffle Coin (RAFF) Presale Buying Frenzy Rages On
Raffle Coin (RAFF) has captured the attention of prominent investors who recognize its groundbreaking value proposition. The project aims to establish a decentralized platform dedicated to conducting secure and confidential raffles, lotteries and giveaways, filling a void in the market for decentralized gaming experiences.
By acquiring Raffle Coin (RAFF), users will gain entry to an innovative decentralized lottery and raffle aggregator. Here, they can set up accounts, fund them with their preferred cryptocurrencies and participate in a diverse array of prize draws featured on the platform. These draws could encompass cryptocurrencies, automobiles, vacations, high-end luxury products, fashion items, household gadgets, event tickets and much more. Furthermore, early investors in the presale will be entitled to receive a share of revenue of up to 40%, based on the quantity of Raffle Coin (RAFF) tokens held.
Priced at just $0.016, Raffle Coin (RAFF) presents an exceptional opportunity to engage with a project at its earliest stage with its potential for substantial growth in 2024, this is your chance to be part of a project set to deliver eye-watering returns. Don’t miss this opportunity to position yourself for extraordinary gains ahead of the Bitcoin (BTC) halving.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here
