The expectation for 2024 is to continue with some bullish momentum. However, the Q1 rally is stalling for some of the coins, leaving behind previous favorites. Ethereum Classic is still at around $33, testing the patience of investors awaiting the big breakout. Filecoin is still behaving as if the bear market never ended, testing the patience of holders. Raffle Coin, however, is heating up as its stage 1 presale is almost sold out.
Ethereum Classic Hopes for More Bullish Attitude
Ethereum Classic is now searching for any remaining bullish attitudes, as it has only added a few percent to its price in the first week of April. Buyers are hoping for a short-term weekend rally, and Ethereum Classic is still looking capable of a breakout. However, the rally can’t come soon enough, and in crypto, everyday matters.
Ethereum Classic hopes for a breakout to around $50 with a short-term horizon. Even AI bots will predict a potential small-scale rally. However, even a climb to $50 is not a big feat in a heating market, where there are higher returns to be made.
Ethereum Classic is also prone to short-term rallies that fizzle out in a few weeks, so holders are not in a favorable position. Investors are now looking for a coin going to the moon, instead of waiting for more disappointing round trips.
Filecoin Behaves as if Bull Market Never Happened
Filecoin seems unable to come out of the slump. The asset trades around $8.40, taking months to leave the lows of the bear market, when it tanked to around $3.50. This is still a far cry from the peak of Filecoin in late 2021 when it was at $186.40.
Filecoin chose a niche model of distributed file sharing and decentralized storage. But even in the crypto space, regular cloud services are still preferred.
Whether Filecoin is capable of a more significant return is uncertain. But even at the relatively low entry point, investors may be looking for more promising platforms.
Raffle Coin Marks Strong Interest in Stage 1 Presale
The presale of Raffle Coin is the hottest opportunity in April. The window for a token price of only $0.020 is closing fast in preparation for the second stage at a higher price. Early buyers can hope for the highest returns from owning a share of the 777,777,777 RAFF Coins.
Even beyond the potential for price growth, Raffle Coin has the makings of a blue-chip platform. The project envisions bringing users together in a Web3 space, where their wallet is the main identity.
Raffle Coin will host games of luck, where players will pay a small fee to participate in hourly, daily, or weekly raffles, often with significantly valuable prizes. However, Raffle Coin will also be useful as a swapping hub and a general crypto-based marketplace.
Check out the official website of Raffle Coin to find out more here.
