Federal Reserve Chair Jerome Powell recently issued a cautious warning. That indicates high inflation persistence could postpone any potential interest rate cuts by the Fed until later this year. The remarks spooked the markets, causing investors to sell off their cryptocurrencies before deciding on their next move.
The Kaspa (KAS) and Optimism (OP) cryptos have been in a slump during the recent market dip.
Therefore, investors are taking more interest in Raffle Coin (RAFF) as a viable investment option. This article explores why Raffle Coin has more upside potential than Kaspa and Optimism in the face of biting inflation.
Kaspa (KAS) Falls Almost 8% in a Week
In line with the broader cryptocurrency market, Kaspa has fallen almost 8% in a week. When writing, KAS is trading at $0.1211. It is the same story on the monthly chart, where it has fallen 16.6%. That fall prompted investors to think the cryptocurrency could be headed for a cooling-off period. In the past year, Ka
We współpracy z: https://www.thecoinrepublic.com/2024/04/24/slumps-in-kas-op-markets-redirect-investor-interest-to-the-raffle-coin-presale/
