With the cryptocurrency market trading largely in the red after a massively bullish period for many of its assets, investors who have missed out on the skyrocketing meme coins like Floki Inu (FLOKI) and dogwifhat (WIF) are looking at new opportunities, and one of them is still in presale.
As it happens, Rebel Satoshi Arcade (RECQ) is a new meme coin that has already surged by 85% during its first presale phase, with nearly 80% of RECQ sold at the price of 0.0037 Tether (USDT) and 15 more days to go until a more expensive stage, according to the data retrieved on April 18.
What is RECQ?
Specifically, RECQ is the transactional token underpinning Rebel Satoshi (RBLZ), a “community-driven meme ecosystem that seeks to embrace and challenge the norms, fostering unity and defiance,” where users can trade on its non-fungible token (NFT) marketplace, as well as earn by playing games.
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Notably, with a total supply capped at 3 billion, the ERC-20 meme token inspired by 16th-century revolutionary Guy Fawkes and the elusive Bitcoin (BTC) inventor Satoshi Nakamoto, currently costs $0.0037. In the next presale phase, 15 days from now, its price will increase by 18.92% to $0.0044.
During the initial early-bird stage, RECQ was available at the price of $0.002, or 85% cheaper than its current price, and there will be a total of eight stages until the presale ends and the token launches at the target price of $0.0125, projecting a 237.84% return-on-investment (ROI) for its stage-one investors.
FLOKI and WIF price analysis
Meanwhile, one of its largest competitors, Floki Inu, is currently changing hands at $0.00013626, indicating a gain of 0.65% on the day, losing 29.56% across the past week, accumulating a decline of 23% over the month but nonetheless advancing 290.45% this year, according to the latest chart information.
At the same time, RECQ’s other rival, dogwifhat, launched in November 2023, stood at $2.47, dropping 0.27% in the last 24 hours, adding up to the 30.74% dive across the previous seven days and a loss of 19.17% on its monthly chart, while advancing an impressive 1,517.58% since the year’s turn, as per CoinMarketCap information.
Ultimately, RECQ might be the next best thing to happen in the meme crypto sector, but it is important to keep in mind that the trends in this industry can be fickle, so doing one’s own research and carefully weighing all the risks is critical before investing in any asset.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
