Since the beginning of the year, analysts have noticed a bull run across major crypto assets, signifying that investors are confident. Recently, these investors have been making huge investments across the market, thereby shooting up demand. While the demands vary, some of these assets have shown exceptional bull runs and would likely sustain the tempo. Some of those assets that experts have signaled to maintain a bull run are the Raffle Coin (RAFF), Solana (SOL), and Shiba Inu (SHIB).
Many wonder how these analysts concluded that such an asset as Raffle Coin in its pre-sale phase would maintain a bull run. The answer is plausible as thousands of Solana (SOL) and Shiba Inu (SHIB) signed up massively on Raffle Coin (RAFF) on its day 1 of pre-sale. Interestingly, Raffle Coin has shown several signs of profitability and is expected to surpass its peers as it provides more features and practical utility.
Solana (SOL) Leverages Its Meme Coin Projects to Maintain a Bull Run
The versatility and utility value of Solana has been one of its major strengths in the market. Despite the shift in trends in the blockchain ecosystem, developers build new projects that stand the test of time on Solana (SOL). These projects include meme coin protocols such as Smog (SMOG) and Dog Wif Hat (WIF). These projects have helped Solana maintain a bull run and consolidate price stability across the blockchain ecosystem. For instance, in February, Dog Wif Hat (WIF), one of the meme coins on the Solana blockchain, recorded trading volumes of about $40 to $50 million.
Analysts say these meme coin projects on Solana enjoy the ‘newcomer’ patronage and will maintain the bull run for a long while. The same ‘newcomer’ patronage extends to Raffle Coin (RAFF) as investors are now diverting their investment into the new blockchain projects with a high profitability outlook.
Shiba Inu (SHIB) Seeks To Onboard More Projects As Market Demand Shifts
It is no longer news that investors and industry players in the crypto market are shifting their attention to projects with practical utility and versatility. On this premise, Shiba Inu (SHIB) developers intend to expand the network and unpack a broader strategy that focuses on practical utility.
The Shiba Inu developers disclosed that moving forward, the project will expand beyond meme coin origins and will birth new projects. Some of those projects include the Shiba Inu ‘Shibarium’ Layer 2 network and the Shiba Inu (SHIB) identity blockchain identity initiative.
However, experts say the reason for this expansion is to adapt to the change in the market as investors now flock to projects such as Raffle Coin (RAFF) with practical utility and increased profitability.
Optimism Across Board as Raffle Coin Shows Signs of 40X Surge Amidst Bull Run
Raffle Coin pre-sale is coming at a time when investors are looking towards projects with practical utility and versatility. Some unique features, such as the Raffle Coin (RAFF) decentralized raffle system, bonus loyalty scheme, and attractive staking reward for VIP investors, are the best a coin can offer in the market.
Other features, including transaction safety, speed, and immutability, keep attracting the attention of investors, showing an upward trend for Raffle Coin (RAFF). It is expected that with these features. Raffle Coin will reach and surpass a 40X surge amidst the bull run in the crypto market.
Find out more about the Raffle Coin (RAFF) presale by visiting the website here.
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