Despite a sluggish start, top crypto coins have increased massively this year. For one, Bitcoin (BTC) has surpassed its previous all time high (ATH) to trade at more than $73K in mid-March. The approval of Bitcoin (BTC) spot ETFs has been a major driving force behind the rise of Bitcoin (BTC) and other cryptocurrencies, among other catalysts. Although there have been minor downturns in the market, market sentiments have been increasingly positive this year. The recent hype surrounding Raffle Coin (RAFF) has been generating excitement among the global crypto community. The coin is reportedly offering 50x the excitement with markets down. This appears to have caught the eyes of the meme coin family Dogecoin and Shiba Inu.
Dogecoin’s (DOGE) Dynasty Increases
Dogecoin (DOGE) is a gift that never stops giving. It has transcended past simply being referred to as a ‘meme coin’ and is on the up and up. The value of Dogecoin (DOGE) has increased by up to 83% to a current value of $0.153 due to two positive developments in the past month.
Firstly, the multibillionaire and tech influencer Elon Musk tweeted about the coin on X (formerly known as Twitter). On March 17, which was celebrated as St. Patrick’s Day, Musk posted a “canine tweet.” It was a description of three dogs with one being a Dogecoin (DOGE) dog. Not only did this positively affect the price of Dogecoin (DOGE), it also boosted that of the meme coin WIF by 40%.
Secondly, Coinbase, a leading crypto exchange, announced that it will be launching Dogecoin (DOGE) futures derivatives on its platform. The firm sent letters announcing its plan to the United States Commodity Futures Trading Commission (CFTC) on March 7. This marks a step in a positive direction for the coin.
Shiba Inu (SHIB) On The Rise?
Shiba Inu (SHIB) has been affected by recent pullbacks in the market, making it difficult to stay afloat in recent times. However, it picked up some steam after the aforementioned Elon Musk tweet less than a week ago, it increased by 25% within that period. Also, in the last 24 hours, its volume has increased by 1%. The marketing team of Shiba Inu (SHIB) is positive that Shiba Inu (SHIB) will soar to a new all time high (ATH) within a month or two. Lucie, the official marketing team lead of Shiba Inu took to X to hype up the coin. She said, “Bought the dip. If anyone can pull (a) miracle recovery it’s Shiba Inu (SHIB). I’m expecting ATH soon before or shortly after Bitcoin (BTC) halving.”
Remarkable Raffle Coin (RAFF) Presale in Progress
As Rafflecoin (RAFF) gears up in preparation for its ambitious presale round, Shiba Inu (SHIB) and Dogecoin (DOGE) investors are eagerly looking to be a part. Rafflecoin (RAFF) brings to the fore an innovative decentralized platform, providing users with a chance to engage in raffles and win several prizes. Both coins have suffered some losses, bounced back and are looking to sustain their momentum. Raffle Coin (RAFF) is currently in the stage 1 of its presale and selling at $0.020 .Needless to say, Rafflecoin (RAFF) offers investors in both communities the best chance right now.
To be a part of these early investors and maximize your gains, find out more about the Raffle Coin (RAFF) presale by visiting the website here.
