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XRP posts 1% gain for the week amid bullish forecasts and THORChain holds steady above $5.20 as Rebel Satoshi's RECQ captivates investors with an 85% surge.
Major cryptocurrencies such as XRP (XRP) and THORChain (RUNE) have underperformed over the past seven days. As these tokens aim for higher prices, investors have started flocking to rebel satoshiRECQ token, which is up 85% so far during its ongoing public pre-sale.
XRP gains 1% in a week
XRP has had a modest performance over the past seven days. On April 29, XRP was changing hands at around $0.5203. After maintaining this level for days, XRP gained strength on May 2 after Ripple Labs CEO Brad Garlinghouse announced that the XRP Las Vegas event would begin on May 3.
Furthermore, the May 3 news about the return of old XRP tokens to the market triggered a buying force. The resulting uptrend saw XRP jump as high as $0.5401 on May 4. However, rumors about this news faded and XRP began to correct downwards. On May 6, XRP had stabilized at around $0.5304. This price means that XRP is up 1.94% in a week.
So is XRP a good cryptocurrency to buy now? According to experts, XRP will continue pumping to close the month at $0.5784. Experts base this prediction on XRP attracting more investors as inactive investors continue to return to the market.
THORChain stalls above $5.20
THORChain has recorded minimal movement in the last seven days. On April 29, RUNE was around $5.22. After a day of range-bound trading, RUNE gained momentum on April 30 after Symbiosis partnered with THORChain to allow trading of any token for bitcoin (btc) on over 25 supported networks.
The resulting uptrend saw RUNE rise as high as $5.44 on May 4. However, enthusiasm for this partnership faded and RUNE began to retrace its growth. On May 6, RUNE had stabilized at around $5.36. This price means that RUNE has gained a meager 0.77%.
So will THORChain maintain its upward trajectory and is it one of the top cryptocurrencies to invest in? According to experts, RUNE will continue to rise to close May at $6.85. Experts base this prediction on RUNE gaining greater adoption due to THORChain's partnership with Symbiosis.
Rebel Satoshi's RECQ Gains Ground After Surging 85%
Rebel Satoshi, a budding memecoin project that seeks to give small people power over centralized crypto entities, has attracted investors despite its launch on November 5, 2023. Investors are flocking to Rebel Satoshi because it promises to involve its community in building its ecosystem.
Specifically, Rebel Satoshi aims to build a feature-rich ecosystem with an nft marketplace, staking program, and gaming room. To ensure the smooth functioning of this ecosystem, Rebel Satoshi takes advantage of a double token system. The two tokens in the Rebel Satoshi ecosystem are RBLZ and RECQ.
RBLZ is Rebel Satoshi's membership token and generated a 150% ROI during its pre-sale. On the other hand, RECQ is rebel satoshiThe utility token, which facilitates all transactions and interactions. This vital role within the Rebel Satoshi ecosystem makes RECQ a leading cryptocurrency.
In May, RECQ was rapidly moving through Stage 2 of its ongoing public pre-sale. The price of RECQ during this stage was $0.0044. Rising to $0.0044, RBLZ has produced a 120% return on investment for Early Bird Round investors. When RECQ reaches its trading price of $0.0125, Early Bird Round and Stage 2 investors will earn a return on investment of 525% and 184%, respectively.
For more information, visit the official site. Rebel Satoshi website or contact Rebel Red via Telegram.
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