Finance

1,000 Bitcoins Transferred From 11-Year Dormant Address; Rebel Satoshi ($RECQ) Presale Unaffected by Market Turmoil

TLDR

  • BTC bulls expect significant price rallies.
  • $RECQ offers 184% gains ahead of the launch.

Two Bitcoin (BTC) wallets transferred 1,000 BTC on May 12 after nearly eleven years of inactivity. Meanwhile, crypto experts suggest Rebel Satoshi’s $RECQ as the best crypto to invest in now based on the token’s outstanding performance at the ongoing presale.

Is Bitcoin a Good Investment Today?

Lookonchain reported on May 12 that two previously inactive Bitcoin wallets had transferred a total amount of 1,000 BTC (worth around $60.9 million) within 20 minutes. Each wallet had originally received 500 BTC (worth approximately $62,000) back in September 2013, when Bitcoin exchanged hands for $124.

However, the holders decided to transfer the assets to undisclosed wallets instead of cashing them out through crypto exchanges, which could point to a long-term investment strategy. Thus, Bitcoin bulls praise BTC as the best cryptocurrency to buy today because of its enormous growth potential.

As for the latest BTC price forecast, investors can expect rallies above the $100,000 threshold by the end of 2024. BTC traded around the $61,000 mark during the second week of May, meaning that Bitcoin could increase by a remarkable 63.93%.

On the other hand, some market analysts warn that the sudden activity from these previously dormant BTC wallets could signal a massive sell-off over the upcoming term. According to Bitcoin bears, the asset’s failure to maintain closes above $61,000 could result in drops beneath the $50,000 level by the end of the year.

$RECQ Provides Unrivaled Profits and Excellent Benefits

Rebel Satoshi is a game-changing meme coin project that empowers users to become actively involved in the exciting decentralized revolution. Therefore, token holders play a major role in the platform’s governance and contribute to the building of Rebel Satoshi’s vast two token ecosystem.

The powerful $RBLZ token is used as Rebel Satoshi’s governance and membership token, which means that $RBLZ users enjoy various exclusive benefits in the vibrant Rebel Satoshi community. Furthermore, $RBLZ managed to raise over $2.5 million during the presale and is currently available on the Uniswap DEX for $0.025, which denotes an impressive 150% surge from the token’s initial price of $0.010.

On the other hand, Rebel Satoshi’s $RECQ is currently priced at just $0.0044, so Stage 2 investors can expect as much as 184.09% gains when $RECQ reaches the projected $0.0125 presale target. In addition, $RECQ is set to increase by a substantial 25% when it enters Stage 3 and surges to $0.0055.

$RECQ boasts an extensive use case as Rebel Satoshi’s base currency for everyday transactions such as fees, purchases, and rewards. However, $RECQ users also obtain exclusive access to the platform’s advanced buyback program and the addictive play-to-earn games in the Rebel Satoshi Arcade.

Many experienced traders have embraced $RECQ as the top crypto to invest in now due to its potential to compete against well-established players such as BTC, so don’t hesitate to visit the lucrative Rebel Satoshi presale!

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.

Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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