TLDR:
- In just days after the Zksync airdrop, more than 41% of addresses have sold all their ZK tokens.
- Despite Shiba Inu’s struggle under $0.0000200, Javon Marks remains optimistic about a breakout.
- Rebel Satoshi Arcade is another altcoin that has been tipped to hit $1 before the year ends.
Just hours after the distribution of the highly anticipated zkSync token (ZK), more than 41% of the addresses that claimed the airdrop have already sold all of them. While the selloff has caused a massive price decline, market experts expect that the trending memecoins, Shiba Inu (SHIB) and Rebel Satoshi Arcade (RECQ), will record major gains in the coming weeks.
Rebel Satoshi Arcade (RECQ) To Skyrocket To $1 Before the End of 2024
Rebel Satoshi Arcade (RECQ) is a new project that has been on the lips of industry experts as it is the first novel GameFi memecoin. The unique approach of Rebel Satoshi Arcade of combining a platform for crypto games and the appeal of meme coins has made it one of the hottest projects while in presale.
There has been a very high demand for RECQ, one of the tokens that power the platform as experts have predicted that it could follow the bullish trajectory of top Solana memecoins early this year. There are bullish predictions for RECQ because its intersection of two of the biggest crypto markets gives it more room for growth than other top meme coins.
As a torchbearer, Rebel Satoshi Arcade is on a mission to deliver true decentralization to blockchain games, shifting the global refocus towards empowering gamers. The project will achieve this by filling its platform with exciting arcade games, play to earn games, pay-to-play games and more. There will also be an NFT marketplace where players can convert their winnings in the game to real cash.
Top industry players have hailed the concept of Rebel Satoshi Arcade as revolutionary and will cause its native RECQ token to skyrocket. RECQ, now in the second round of its cryptocurrency ICO, is priced at only $0.0044. Already, over 583 million RECQ tokens have been sold, with top analysts predicting that the demand will fuel a 25x jump after its launch and trade above $1.00 before the year ends.
Shiba Inu (SHIB) Could Experience a Breakout To the $0.00015 Range
The rise of celebrity memecoins in the last two months has shifted attention from Shiba Inu (SHIB). In addition, these meme coins have performed significantly better than SHIB, whose price is down by 24% over the last 30 days.
Despite its poor performance, a top crypto analyst, Javon Marks, has remained optimistic about SHIB. According to Marks, Shiba Inu could experience a 294% upswing to hit a potential high of $0.000081 for the first time since October 2021.
According to Marks’ analysis, if SHIB breaks and holds above this level, then it could rally to a high of $0.000150.
41% of Top Wallet Addresses Have Sold After Zksync (ZK) Airdrop
ZKsync (ZK), one of the most anticipated airdrops to farm in 2024, has finally launched, but not to the expected outcome. According to data from Nansen, nearly 41% of the addresses that claimed this airdrop have already sold all of them.
Nansen data also shows that about 29.8% of all the addresses sold a certain ratio of their tokens. Three out of the top 10 wallets sold small quantities of ZKsync, five held on to all the coins they got, and two sold off all the ZK tokens they received. Since Monday alone, 491 million ZK tokens have been sold in the market after their distribution.
Due to the huge selloffs, the price of Zksync has plunged by 28% and has dropped to the $0.22 range from its launch price of $0.31.
Conclusion
As Zksync faces selling pressure, analysts’ prediction suggests Shiba Inu and Rebel Satoshi Arcade are gearing up for massive price increases. While SHIB looks to hit a new ATH, RECQ’s potential rally to $1.00 makes it the best cryptocurrency to buy now.
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.
