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FLOKI and BONK plunge significantly as the crypto market bleeds. Meanwhile, RECQ emerges as 2024’s rising star after jumping 120% during its presale.
TLDR
- FLOKI sheds 9% in a week, but experts foresee a resurgence by month’s day.
- BONK slumps 15% in a week, and experts believe the downtrend will persist.
- Rebel Satoshi’s RECQ gains favor among investors after jumping 120% thus far.
Top animal memecoins have recorded noteworthy losses over the past week as the crypto market continues bleeding. As a result, investors have started migrating to tokens that have maintained an upward trajectory. This explains why Rebel Satoshi’s RECQ token has emerged as the go-to crypto for investors after jumping 120% and promising more returns.
The question remains: How is RECQ outshining popular memecoins like FLOKI and BONK? Read on to find out!
RECQ Outshines Trending Memecoins After Surging by 120%
Rebel Satoshi, a new memecoin project that aims to become the torchbearer of an uprising that challenges centralization in the crypto market, has quickly gained investor favor. Investors are rushing to Rebel Satoshi because it boasts a dual-token ecosystem, which makes it disparate from conventional meme coins.
It is also worth noting that the Rebel Satoshi ecosystem boasts an NFT marketplace, an arcade, and a stake-to-earn program.
These features explain why investors are lining up to buy Rebel Satoshi’s RBLZ and RECQ tokens. RBLZ is Rebel Satoshi’s governance and membership token and is available on CoinGecko, Coinstore, Uniswap, and DEXTools.
On the other hand, RECQ is Rebel Satoshi’s base currency. As of the second week of June, RECQ continues with Stage 2 of its public presale. During this stage, RECQ’s price stands at $0.0044. This price implies that RECQ has rewarded Early Bird Round and Stage 1 investors with a 120% and 19% ROI, respectively.
As for Stage 2 investors, RECQ promises a 25% ROI when it enters Stage 3 at $0.0055. Furthermore, this ROI will increase to 184% when RECQ concludes its presale at $0.0125. This guaranteed growth explains why RECQ is stealing the limelight from trending memecoins.
FLOKI falls 9% in a week: is an upside due soon?
FLOKI has put up a subpar performance over the past seven days. On June 4, 2024, FLOKI was changing hands at around $0.000272. After a day of recording marginal gains, FLOKI shot up on June 5 after Binance revealed that the number of FLOKI HODLers on the BNB Chain had surpassed 417,400.
This surge in the number of holders made FLOKI the leading memecoin on the BNB Chain. As a result, FLOKI trended on X on the same day. Consequently, traders flocked to FLOKI and pushed its price as high as $0.000345 on June 5. Nonetheless, the buzz about this news cooled off, and FLOKI started its descent.
By June 11, FLOKI had stabilized at around $0.000245. This price represents a 9.93% weekly drop. However, experts believe FLOKI will rebound and climb to $0.000495 by the end of June.
This forecast makes FLOKI one of the top ETH memecoins to buy. Experts base this forecast on the fact that FLOKI could get more adoption after the FLOKI Name Service launched on June 10.
BONK Dives 15% in a Week: Will Bears Relent Soon?
BONK has also underperformed over the past seven days. On June 4, 2024, BONK was hovering around $0.00003212. Following a day of sideways trading, BONK gained momentum on June 5 after BONK teamed up with Binance to host the Binance World Championship, which has a colossal $4.2 million prize pool.
This exciting news saw BONK climb as high as $0.00003561 on June 5. However, traders started taking profits from this weekly peak, and BONK started trending downward. By June 11, BONK had stabilized at around $0.00002712. This price means BONK has erased 15.56% of its value in a week.
Moreover, experts expect BONK to continue bleeding as the excitement about the June 10 news of bonkSOL launching on Texture fades. Specifically, experts set the end-of-June BONK prediction at $0.00001700. This forecast omits BONK from the list of top Solana memecoins to buy in June.
For more information, visit the official Rebel Satoshi website or join the community on Telegram.
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