TLDR
- PEPE plummets 16% in a week, but experts believe a bull cycle is around the corner.
- Dogwifhat (WIF) sheds 22% in a week, but experts expect bulls to take over by month’s end.
- Rebel Satoshi’s RECQ gains investor confidence after surging 120% during its presale.
The renewed bearish trend in the crypto market has seen trending memecoins like PEPE and Dogwifhat (WIF) record double-digit losses. As a result, investors have started searching for alternative investment options in presale memecoins like Rebel Satoshi’s RECQ, which has showcased the potential to jump 2,500%.
But the main question is, why are PEPE and Dogwifhat plunging as RECQ pumps? Continue reading to find out!
RECQ Emerges as One of the Best Presale Memecoins After a 120% Price Leap
Rebel Satoshi, an emerging memecoin project that seeks to push the crypto market to an unprecedented frontier of centralization, has quickly gained popularity. The growing interest in Rebel Satoshi emanates from the immense potential of its dual-token ecosystem, which boasts an NFT marketplace, an arcade, and a staking program.
These features set Rebel Satoshi apart from trending memecoins, which are mostly centered around fun. This explains why Rebel Satoshi has secured millions in funding despite being relatively new in the market. Recently, Rebel Satoshi kicked off the public presale of its utility token, named RECQ.
RECQ is in Stage 2 of its ongoing public presale. So far, RECQ’s price has increased to $0.0044. This price means RECQ has jumped 120% and 19% from the Early Bird Round and Stage 1 prices of $0.0020 and $0.0037, respectively. This surge highlights RECQ’s growth potential.
Interestingly, RECQ is set to jump further. When RECQ climbs to its launch price of $0.0125, Stage 2 investors will enjoy a colossal 184% ROI. Moreover, experts believe RECQ has the potential to jump 2,500% once it starts trading on various major crypto exchanges. This forecast explains why RECQ is one of the best presale memecoins to buy now!
PEPE Tanks 16% in a Week: What’s Coming Next?
PEPE has put up a distressing performance over the past seven days. On June 11, 2024, PEPE was changing hands at around $0.00001238. Notably, PEPE hit this price due to a bull cycle that started after a whale withdrew 213.37 billion PEPE worth $2.69 million from Binance on June 9. This whale activity generated massive hype.
As a result, PEPE soared as high as $0.00001375 on June 12. As is the norm, traders seized this opportunity to take profits.
Consequently, PEPE started pulling back. By June 18, PEPE’s price had stabilized at around $0.00001034, representing a 16.48% weekly drop. This unimpressive performance explains why PEPE investors are on the move.
Still, experts believe PEPE is one of the best ETH memecoins to buy. Specifically, experts believe PEPE will turn green and climb to $0.00001623 by the end of June. Experts base this prediction on PEPE gaining more adoption as investors flock to Binance to participate in its latest PEPE promotion, which promises a reward of up to 100 million PEPE.
Dogwifhat Slides 22% in a Week: Will the WIF Climb Continue?
Dogwifhat has also recorded significant losses over the past seven days. On June 11, 2024, WIF was hovering around $2.64. WIF attained this price after SpaceX and Tesla CEO Elon Musk admitted to having heard about it. This mention saw WIF climb to a weekly peak of $2.90 on June 12.
However, the excitement about this mention faded, and Dogwifhat’s native token started spiraling downward. This downtrend persisted even after Nexo listed WIF on June 14. However, by June 18, WIF had stabilized at around $2.04. This price point means WIF has plunged 22.73% in a week, explaining why investors are seeking alternative investments.
Nonetheless, experts believe Dogwifhat will regain momentum and climb to $3.64 by the end of June.
This forecast makes WIF one of the top Solana memecoins to buy. Experts peg this prediction on WIF’s ability to attract more investors as more Nexo users trade, pay, and borrow against Dogwifhat.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
