In anticipation of the SEC approval of spot Ethereum (ETH) ETF trades and the Bitcoin (BTC) halving event, the general crypto market has gone into a positive frenzy.
Altcoins like Shiba Inu (SHIB) are posting bullish numbers, and new blockchain projects like Raffle Coin (RAFF) are changing the status quo. This article looks into the situation with Ethereum (ETH), Shiba Inu's (SHIB) success, and the Raffle Coin (RAFF) presale.
Following Bitcoin's (BTC) approval for spot ETF trades, several altcoins across the market have seen astronomical gains, including Ethereum (ETH) and Shiba Inu (SHIB). In the last ten days, Shiba Inu (SHIB) has surged by over 301%, leading Shibu Inu (SHIB) investors to believe in the possibility of a $0.0001 valuation before April.
At press time, a SHIB token is worth $0.00004 and increasing as the Shiba Inu (SHIB) community eyes surpassing its all-time high. Shystoshi Kusama made a post on X saying a SHIB world can only be possible via the community. He further urged them to stand for decentralization with Shiba Inu (SHIB). The recent surge has taken Shiba Inu (SHIB) to the 10th position based on market cap, surpassing Avalanche (AVAX) and Polkadot (DOT).
For the second time since January 2024, the SEC has postponed deciding on the launch of Ethereum (ETH) ETF. The SEC may make decision changes three times but must make a final decision on the fourth. Ethereum (ETH) holders are optimistic that the SEC will decide before July 2024.
Since breaking into the $3,720 region, Ethereum (ETH) has retracted back to $3,700 to build support for further bullish activity. As such, the ETH token has grown by 13.25% in the last seven days and 59.65% in the last month. The success of Ethereum (ETH) has grown investor confidence in budding currencies like Raffle Coin (RAFF).
Raffle Coin (RAFF) is a lucrative, decentralized venture that allows users to win prizes ranging from crypto to real-world gifts, all after completing a simple sign-up form. Once set up, users can instantly fund their accounts with a range of different cryptocurrencies.
Shiba Inu (SHIB) investors are particularly interested in extending their portfolio with the inclusion of the RAFF token because of the exciting opportunities available after the completion of Raffle Coin's (RAFF) presale. Upon launch, presale investors will earn revenue from fees proportionate to their holdings. They would also gain certain executive capabilities and they can influence key platform decisions.
Raffle Coin (RAFF) is currently in the first stage of its six-stage presale. For $0.016 a RAFF token, market analysts are certain Raffle Coin (RAFF) would shoot through the ranks by 40x due to its multiple utilities. As experienced investors know, the best time to invest is when a token shows promise.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
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