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Despite Filecoin and Injective experiencing steep declines over the past week, expert forecasts suggest a bullish rebound soon, while Rebel Satoshi’s RECQ rides a presale surge, gaining significant investor interest.
The crypto market has performed poorly over the past week, with top altcoins like Filecoin (FIL) and Injective (INJ) recording double-digit losses. On the other hand, Rebel Satoshi’s RECQ token has emerged as a top investment choice after offering crypto enthusiasts a low entry point.
Filecoin plunges 32% in a week
Filecoin has performed poorly over the past seven days. On April 7, FIL was changing hands at around $8.69. FIL began climbing on April 8 as investors anticipated Filecoin undergoing an upgrade. However, the Filecoin team announced that the scheduled upgrade had been postponed.
Specifically, Filecoin said that it had pushed its upgrade to April 24. As a result, FIL began correcting downward. By April 14, FIL had stabilized at around 5.86. This price means FIL has shed 32.57% in a week. This deplorable performance has left investors asking, is FIL a good crypto to buy now?
According to experts, FIL will experience a resurgence and climb to $10.66 by the end of April. Experts base this prediction on Filecoin getting more adoption in April after its much-anticipated upgrade ships on April 24.
Injective dumps 29% in a week
Injective has performed abysmally over the past seven days. On April 7, INJ was hovering around $35.27. INJ began climbing on April 8 after Ninja Blaze launched on the Injective mainnet to offer web3 gamers an unprecedented gaming experience. This development saw INJ climb as high as $36.33 on April 8.
However, the buzz about this news dwindled, and INJ began retracing its growth. By April 14, INJ had stabilized at around $25.03. This price means INJ has plummeted 29.03% in a week. So, will INJ continue losing value, or is an upside incoming?
According to experts, INJ will reverse course and surge to $45.21 by the end of April. This forecast makes INJ a top crypto to invest in. Experts base this bullish forecast on Injective getting more adoption after revamping the Injective Ninja Masters Ambassador Program on April 12 to introduce an updated points and rewards system, among other features.
Rebel Satoshi’s RECQ gains investor confidence
Rebel Satoshi, an up-and-coming meme coin project that seeks to propel the crypto industry to a new age of decentralization, has been doing rounds in the crypto-verse due to its bold mission. Apart from its audacious mission, Rebel Satoshi has become the leading ICO to invest in because of its dual-token ecosystem.
The two tokens in the Rebel Satoshi ecosystem are RBLZ and RECQ. RBLZ is Rebel Satoshi’s governance and membership token, while RECQ is the ecosystem’s base currency. Notably, RBLZ generated a 150% ROI after completing its public presale on February 29.
As of April, RBLZ was available on Coinstore, CoinGecko, DEXTools, and Uniswap. On the other hand, RECQ was proceeding with Stage 1 of its public presale, with each RECQ token going for $0.0037. This price means RECQ has climbed 85% from the Early Bird Round price of $0.0020.
It is worth pointing out that RECQ’s launch price is $0.0125. Once RECQ attains this price, Early Bird Round investors will enjoy a 525% ROI. Meanwhile, Stage 1 investors will realize a 237.84% ROI.
To learn more, visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
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This article first appeared at crypto.news
