Outside Source
- Filecoin slumps 22% in a week, but experts expect bulls to resurface soon.
- Dogecoin plummets 20% in a week, and analysts believe the downtrend will persist.
- Rebel Satoshi’s $RECQ captures investor interest with its rapid presale growth.
Top altcoins like Filecoin (FIL) and Dogecoin (DOGE) remained red over the past week. As a result, investors have started shifting to tokens with an upward trajectory. This explains why the Rebel Satoshi (RECQ) token has become a top investment alternative among many crypto enthusiasts.
Will $RECQ continue eclipsing Filecoin and Dogecoin? Continue reading to discover.
Filecoin (FIL) plunges 22% in a week
Filecoin has performed poorly over the past seven days. FIL opened trading on April 12 at $8.05. However, the crypto market experienced a flash crash the same day, and FIL failed to withstand the bearish sentiment. The resulting downtrend saw FIL trade as low as $5.10 on April 14.
In a positive turn, FIL rebounded after Filecoin quoted a recent Grayscale report on April 15. The Grayscale report pointed out that Filecoin is disrupting the digital storage industry by challenging established players like Amazon Web Services and Google Cloud. By April 19, FIL had stabilized at around $6.22. This price means FIL has shed 22.73% in a week.
So, will FIL continue plunging, or is it a good crypto to buy now? Per experts, FIL will reverse course and climb to $9.05 by the end of April. Experts base this prediction on FIL getting more adoption after Filecoin undergoes a scheduled network upgrade on April 24.
Dogecoin (DOGE) dumps 20% in a week
Dogecoin has performed dismally over the past seven days. DOGE opened trading on April 12 at $0.194. However, the marketwide flash crash did not spare DOGE. As a result, DOGE plummeted to $0.135 on April 13 as investors liquidated their DOGE holdings due to fears of bears remaining dominant.
Fortunately, a whale account transferred 350 million DOGE worth approximately $53 million from Robinhood to an unknown wallet on April 14. This whale activity spurred a buying spree among traders, and DOGE began climbing. By April 19, DOGE had stabilized at around $0.154. This price means DOGE has shed 20.62% in a week.
This lackluster performance has left potential investors asking if it is a good time to buy DOGE. Per experts, Dogecoin will continue plunging as the excitement about the recent whale activity dwindles. To this end, experts set the end-of-April DOGE prediction at $0.139. This forecast adds Dogecoin to the list of altcoins to watch.
Rebel Satoshi’s $RECQ could jump further as stage 1 winds up
Rebel Satoshi, a new meme coin project that seeks to challenge centralized crypto organizations and the privileged few, has become an instant hit among investors. Investors are rushing to join Rebel Satoshi because of its feature-rich ecosystem, which boasts an arcade with various games, an NFT marketplace, and a stake-to-earn program.
It is worth noting that these features will only be open to crypto enthusiasts that hold both Rebel Satoshi tokens. These are $RBLZ and $RECQ. $RBLZ is Rebel Satoshi’s membership badge and long-term investment, while $RECQ is the ecosystem’s base currency.
By April, investors could buy $RBLZ from Coinstore, CoinGecko, Uniswap, and DEXTools. $RBLZ completed its presale on February 29, offering Early Bird Round investors of its presale a 150% ROI. With $RECQ now in Stage 1 of its public presale, many investors are pointing to the performance of $RBLZ as an indicator that $RECQ might be one of the best cryptos to buy now.
Notably, $RECQ’s price during Stage 1 is $0.0037. This price means $RECQ has already jumped 85% from the Early Bird Round price of $0.0020. When $RECQ starts Stage 2 at $0.0044, Early Bird Round investors will get a 120% ROI. In contrast, Stage 1 investors will enjoy an 18.92% ROI when $RECQ hits $0.0044. This growth trajectory could potentially position $RECQ for a 10x surge.
For the latest updates and more information on RECQ, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
This article first appeared at CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison
