Shiba Inu, Toncoin investors see value in new Raffle Coin

Shiba Inu (SHIB) was among the leading gainers in March, while Toncoin (TON) has largely disappointed relative to the gains other altcoins posted after Bitcoin (BTC) burst out of the gates.

Meanwhile, the newly launched cryptocurrency Raffle Coin (RAFF) has drawn attention from both sets of Shiba Inu (SHIB) and Toncoin (TON) holders, buying into the Raffle Coin (RAFF) presale to diversify their portfolios.

Toncoin (TON) underwhelms with price action

Toncoin (TON) draws its relevance largely through its links with Telegram, one of the most widely used instant messaging apps. Outside Telegram, though, Toncoin (TON) is not as well known. 

Analysts also highlighted some of the shortcomings of Toncoin (TON) and its tokenomics. For one, Toncoin (TON) has an infinite supply, which, as pointed out by a trader, makes it hard for Toncoin (TON) to generate massive gains due to an oversupply of tokens. Its tokenomics are also suspect, with the majority of Toncoin (TON) supply concentrated among a few holders.

Despite the drawbacks, Toncoin (TON) is still considered a healthy investment when viewed on a macro level. Currently trading at $2.70, the token is up by almost 100% from its 2023 low of $1.68. However, investors looking for serious gains ought to look at Raffle Coin (RAFF).

Shiba Inu (SHIB) among top gainers in March

Shiba Inu (SHIB) was among the top gainers in the meme coin space in March thus far. From trading around the $0.00001 level for most of the year, Shiba Inu (SHIB) turned in a 240% gain in the past month, trading at $0.00003 as of press time. Recent developments within Shiba Inu’s ecosystem have been playing roles in its exponential rise. Shiba Inu (SHIB) is planning to unveil a new privacy-focused network that will be built on the Shibarium blockchain.

Raffle Coin (RAFF) thrills presale investors with parabolic potential

Crypto investors are captivated by Raffle Coin’s (RAFF) unique features. Raffle Coin (RAFF) offers a platform for users to participate in raffles and win various exciting prizes, including cryptocurrency, cars, holidays, and more.

To join in, users simply need to sign up for the Raffle Coin (RAFF) platform, deposit any cryptocurrency of their choice into their account, and pick a raffle to enter. In addition, purchasers of the Raffle Coin (RAFF) token have the opportunity to collectively govern the platform, playing a significant role in shaping its future. This decentralized governance model has piqued the interest of investors looking to engage with the platform.

Investors can also become part of a VIP tier system, which ensures increasing profits and revenue corresponding to their investment amount. The current price of the Raffle Coin (RAFF) token is just $0.016, making it accessible to anyone interested in taking advantage of the numerous rewards and benefits offered by Raffle Coin (RAFF).

Even though Raffle Coin (RAFF) is still in its initial presale stage, it has already gained substantial momentum, igniting the crypto market with no signs of slowing down.

Find out more about the Raffle Coin (RAFF) presale by visiting the website here.