TLDR
- Dogecoin (DOGE) dumps 9% in a week, and experts predict further losses in June.
- FLOKI slumps 4% in a week, but experts foresee a bullish trend by month’s end.
- Rebel Satoshi’s RECQ steals the show after jumping 120%, promising more gains.
The crypto market has performed poorly over the past week as a fresh bearish trend crops up. As a result, investors in trending meme coins like Dogecoin (DOGE) and FLOKI have started searching for high-potential tokens to diversify their portfolios. This explains why Rebel Satoshi’s RECQ token has attracted hordes of investors.
However, can RECQ become the next big thing after Dogecoin and FLOKI? Read on to find out!
Dogecoin Falls 9% in a Week: Will Bearish Trend Persist?
Dogecoin has performed poorly over the past seven days. On June 3, 2024, DOGE was changing hands at around $0.1586. After a day of recording marginal price movements, DOGE turned bullish on June 4 after renowned crypto analyst on X, Ali Martinez, pointed out that DOGE whales had accumulated an additional $200 million worth of DOGE since May 30.
The news of increased whale activity attracted more traders to Dogecoin. Consequently, DOGE climbed as high as $0.1650 on June 6. However, the buzz about the whale activity subsided, and DOGE started plunging. This downtrend worsened on June 7 due to a bearish sentiment in the broader crypto market.
By June 10, DOGE had stabilized at around $0.1437, meaning it had plunged 9.39% in a week. Moreover, experts foresee DOGE plummeting further to close the month at $0.1240. They base this forecast on traders cashing out recent gains following the June 7 crash.
RECQ Sets Out to Rival Trending Meme Coins During Its Presale!
Rebel Satoshi, a new meme coin project, has wowed investors with its mission to unite the silent majority and build a community that combats centralization in the crypto industry. Moreover, Rebel Satoshi has become an instant hit among investors because it features a dual-token ecosystem.
The tokens in the Rebel Satoshi ecosystem are RBLZ and RECQ. RBLZ’s 250 million token supply cap makes it Rebel Satoshi’s membership badge and long-term investment gold. Meanwhile, RECQ is Rebel Satoshi’s base currency, which has a maximum supply of 3 billion tokens.
As of June 2024, RBLZ has launched on four exchanges after jumping 150% during its public presale, which ended on February 29. On the other hand, RECQ is advancing with Stage 2 of its ongoing public presale at a unit price of $0.0044. This price means RECQ has surged 120% and 19% from the Early Bird Round and Stage 1 prices, 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 hits its launch price of $0.0125. This high growth potential explains why investors consider RECQ the best choice among presale meme coins.
FLOKI Slides 4% in a Week: What’s Coming Next?
FLOKI has performed weakly over the past seven days. On June 3, 2024, FLOKI was hovering around $0.000275. Following two days of range-bound trading, FLOKI shot up on June 5. This spike came after FLOKI surpassed 417,400 HODLers on the BNB Chain, cementing its position as the largest meme coin on the BNB Chain.
This positive news saw FLOKI jump as high as $0.000345 on June 5. After maintaining these gains for two days, FLOKI plunged alongside other cryptos on June 7. By June 10, FLOKI had leveled off at around $0.000262. This price means FLOKI has wiped off 4.73% in a week.
Yet, experts believe FLOKI will recover and pump to $0.000290 by the end of June. This forecast makes FLOKI one of the best animal meme coins to buy today. Experts base this forecast on FLOKI, which has attracted more attention after launching the FLOKI Name Service feature on BNB Chain on June 10.
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.
