In the current bull run, meme coins like Dogecoin and Shiba Inu are losing the attention of investors who are now focusing on blockchain protocols with practical uses. Raffle Coin, offering a more than 50X return on investment, has caught the eye of Dogecoin investors as they explore the utility features that tokens can provide beyond just the meme aspect.

Despite Dogecoin showing a positive trend with a 29% growth in the past week, it struggles to surpass the $0.25 mark, potentially consolidating at $0.21 for a while.

Shiba Inu Faces Similar Decline as Other Meme Coins

Shiba Inu is experiencing a similar shift in investor interest away from meme coins towards more functional tokens like Raffle Coin. While meme coins were expected to lead the bull market, investors are now losing interest in Shiba Inu and Dogecoin three months into the bull run. Investors are diverting funds to Raffle Coin due to its practical utility and profit potential, at least in the short term.

Raffle Coin Prepares for Growing Demand

Raffle Coin is ready to meet the increasing demand with a total supply of 777,777,777 units, offering investors the opportunity to participate in all six presale stages for just $0.020. Holding Raffle Coin during the presale will entitle investors to a percentage of fees generated on the platform based on their holdings. The platform also provides a bonus loyalty scheme to further increase the chances of receiving rewards. Analysts believe that these features make Raffle Coin a promising investment with the potential to provide 50X returns to investors.