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FLOKI and BONK plunge significantly as cryptocurrency market bleeds. Meanwhile, RECQ emerges as the rising star of 2024 after jumping 120% during its pre-sale.
TLDR
- FLOKI loses 9% in a week, but experts predict a resurgence every month.
- BONK drops 15% in a week and experts believe the bearish trend will persist.
- rebel satoshiRECQ gains popularity among investors after surging 120% so far.
Major animal memecoins have posted notable losses over the past week as the cryptocurrency market continues to bleed. As a result, investors have begun to migrate to tokens that have maintained an upward trajectory. This explains why Rebel Satoshi's RECQ token has become the cryptocurrency of choice for investors after jumping 120% and promising more returns.
The question remains: How does RECQ outshine popular memecoins like FLOKI and BONK? Keep reading to find out!
RECQ Outshines Trending Memecoins After Surging 120%
Rebel Satoshi, a new memecoin project that aims to become the standard bearer of an uprising challenging centralization in the cryptocurrency market, has quickly gained favor with investors. Investors are rushing towards Rebel Satoshi because it features a dual-token ecosystem, setting it apart from mainstream meme coins.
It's also worth noting that the Rebel Satoshi ecosystem features an nft marketplace, an arcade, and a bet-to-win program.
These features explain why investors are lining up to buy Rebel Satoshi's RBLZ and RECQ tokens. RBLZ is Rebel Satoshi's membership and governance token and is available on CoinGecko, Coinstore, Uniswap, and DEXTools.
On the other hand, RECQ is rebel satoshiThe base currency. Starting the second week of June, RECQ continues with Stage 2 of its public pre-sale. During this stage, the price of RECQ stands at $0.0044. This price implies that RECQ has rewarded Early Bird Round and Stage 1 investors with a return on investment of 120% and 19%, respectively.
As for Stage 2 investors, RECQ promises a 25% return on investment when it enters Stage 3 at $0.0055. Furthermore, this return on investment will increase to 184% when RECQ concludes its pre-sale at $0.0125. This guaranteed growth explains why RECQ is stealing the spotlight from trending memecoins.
FLOKI falls 9% in a week: will there be a recovery soon?
FLOKI has been performing poorly over the past seven days. On June 4, 2024, FLOKI was changing hands at around $0.000272. After a day of posting marginal gains, FLOKI soared on June 5 after Binance revealed that the number of FLOKI HODLers on the BNB chain had surpassed 417,400.
This increase in the number of holders made FLOKI the leading memecoin on the BNB chain. As a result, FLOKI trended at x on the same day. Consequently, traders flocked to FLOKI and pushed its price up to $0.000345 on June 5. However, the rumors about this news died down and FLOKI began its descent.
On June 11, FLOKI had stabilized at around $0.000245. This price represents a weekly drop of 9.93%. However, experts believe that FLOKI will recover and rise 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 gain greater adoption after the launch of the FLOKI naming service on June 10.
BONK falls 15% in a week: will the bears give in soon?
BONK has also underperformed over the past seven days. On June 4, 2024, BONK was around $0.00003212. After a day of sideways trading, BONK gained momentum on June 5 after BONK partnered with Binance to host the Binance World Championship, which has a colossal prize pool of $4.2 million.
This exciting news caused BONK to rise as high as $0.00003561 on June 5. However, traders started taking profits from this weekly peak and BONK started trending lower. On June 11, BONK had stabilized at around $0.00002712. This price means that BONK has lost 15.56% of its value in one week.
Additionally, experts expect BONK to continue bleeding as the hype fades over news of bonkSOL's release on Texture on June 10. Specifically, experts set the BONK prediction for the end of June at $0.00001700. This forecast omits BONK from Solana's list of top memecoins to buy in June.
For more information, visit the official site. Rebel Satoshi website or join the community at Telegram.
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