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- SUI plunges 33% in a week, but experts believe bulls will take over soon.
- BONK slumps 32% in a week, but analysts foresee a resurgence by month’s end.
- Rebel Satoshi’s $RECQ attracts more investors after surging 85% during its presale.
Top crypto coins like Sui (SUI) and Bonk (BONK) have recorded double-digit losses over the second week of April as the crypto market continues bleeding.
As a result, a growing number of investors are migrating to Rebel Satoshi’s $RECQ token, which has surged 85% so far during its ongoing public presale.
Why is $RECQ outpacing popular cryptos like SUI and BONK? Continue reading to find out.
SUI plummets 33% in a week: will bulls resurface soon?
SUI has performed deplorably over the past seven days. On April 7, SUI was changing hands at around $1.65. After a day of range-bound trading, the token rose slightly on April 8 following the announcement of Suilend completing its beta phase, becoming publicly available. Notably, Suilend hit a $30 million TVL during its beta phase, which started on March 11.
This news saw SUI jump to as high as $1.72 on April 9. However, the excitement about this news cooled off, and the price began correcting downward. By April 14, the token had stabilized at around $1.10.
This price means SUI has shed 33.33% in a week and the subpar performance explains why many investors are abandoning the token.
Still, some experts believe SUI will overcome the current bearish trend and climb to $1.91 by the end of April. This forecast could make SUI a good crypto to buy now. Experts base this prediction on SUI gaining more adoption as more Web3 gamers line up to purchase the SuiPlay0X1 handheld gaming device, which SUI introduced on April 10.
BONK wipes off 32% in a week: will bears persist?
BONK has performed abysmally over the past seven days. On April 7, BONK was hovering around $0.00002317. After a day of sideways trading, BONK gained traction on April 8 after AllDomains announced the number of registered .LetsBONK domain names had exceeded 10,000.
This milestone saw BONK jump as high as $0.00002452 on April 8. BONK held this level for a day before the excitement about AllDomain news faded. Consequently, BONK began retracing its growth. By April 14, BONK had leveled off at around $0.00001561. This price means SUI has plunged 32.63% in a week.
This lackluster performance has left investors asking, is BONK a top crypto to invest in? According to some experts, BONK could reverse course and jump to $0.00001800 by the end of April. Experts base this prediction on BONK gaining more adoption after the BONK team announced that BONK adopters had locked over 3 trillion BONK on ArmadaFi as of April 12.
Rebel Satoshi’s $RECQ steals the show after jumping 85%
Rebel Satoshi, an upcoming meme coin project, has emerged as the latest sensation in the crypto industry due to its mission to fight centralization. Investors are buzzing about Rebel Satoshi because its mission entails uniting the silent majority and building a vibrant community that champions decentralization.
A number of analysts have suggested Rebel Satoshi might be the best ICO to invest in right now because it boasts two tokens, namely $RBLZ and $RECQ. $RBLZ is Rebel SatoshI’s governance and membership token, while $RECQ is its base currency. Interestingly, $RBLZ rewarded Early Bird Round investors of its presale with a 150% ROI.
As of April, $RBLZ was available on Coinstore, CoinGecko, Uniswap, and DEXTools. On the other hand, $RECQ had kickstarted Stage 1 of its ongoing public presale. During this round, investors can purchase $RECQ at $0.0037. This price denotes an 85% surge from the Early Bird Round $RECQ price of $0.0020.
It is worth pointing out that Rebel Satoshi has set $RECQ’s launch price at $0.0125. When $RECQ attains this price, Early Bird Round investors will get a 525% ROI, while Stage 1 investors will enjoy an ROI of 237.84%.
For the latest updates and more information on $RECQ, 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
