The broader crypto market is facing a major retracement off the heels of Bitcoin (BTC) breaching $73,000, taking the rest of the market along for a bullish ride in the past week. Altcoins like Polkadot (DOT), for instance, breached new monthly highs, while TRON (TRX) on the other hand, cooled off its hot run that started in February. But the real gains, according to investment analysts, are in low cap gems with a significantly higher price ceiling compared to tokens that have been around for previous bull cycles like Polkadot (DOT) and TRON (TRX).
Investors who bought the top are therefore looking to projects like Raffle Coin (RAFF) to dig them out of a hole and send them onwards to a potential 100x gain. Learn why Polkadot (DOT) and TRON (TRX) are buying into the Raffle Coin (RAFF) presale as it launches stage 2 with prices at $0.020 and how YOU can get in on the early action.
Polkadot (DOT) Goes on a Bearish Run
Polkadot (DOT) was a solid gainer to begin the month after breaking past $10 after what seemed to be an eternity, but bulls have failed to keep the pace going in the past week. As of March 23, Polkadot (DOT) was trading at $9.11, recording a 3% gain in the past 24 hours and a 7.7% loss in the past week. Be that as it may, Polkadot (DOT) still holds a 19.7% gain in the past 30 days, meaning investors that bought earlier in February are still in the green. Polkadot (DOT) is still expected to turn in solid gains in 2024 despite bearish flights of form every now and then.
TRON (TRX) Performance Flags in March
Despite recording new yearly highs in February and earlier in March, TRON (TRX) has since cooled off. As of March 23nd, TRON (TRX) was trading at $0.119, losing 4.8% in the past week and down 13.9% in the past month after peaking at $0.14 last February. Despite its strong performance for most of 2023, TRON (TRX) finally slipped from its perch in March. Nonetheless, experts are predicting a bearish outlook for TRON (TRX), forecasting a continuing struggle to stick to $0.11 for the remainder of the month.
Raffle Coin (RAFF) Presale Offering Prospective Investors a Rare 100x
Kicking off stage 2 of its presale, Raffle Coin (RAFF) presents a decentralized lottery and raffle platform where users can engage in various prize draws by registering, depositing cryptocurrency and participating. RAFF token holders stand the chance to win enticing rewards ranging from cash prizes and luxury goods to travel experiences and vouchers.
Moreover, users have the flexibility to exchange items for crypto, while presale investors can potentially receive up to a 40% share in platform revenues, creating an attractive passive income stream. With a token price of just $0.020, token allocations are expected to sell out early given its low entry price, market capitalization and unique value proposition that could set it on course for a 100x gain in 2024 and beyond.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here
The post Polkadot and TRON Supporters, Your Confidence in Raffle Coin’s Presale Could Pay Off Big Amid Market Woes appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.