TLDR
- Ethereum plunges 4% in a week, and experts believe the downtrend will persist.
- Rebel Satoshi’s $RECQ captures investor attention as its Early Bird Round nears selling out!
As the crypto market attempts to emerge from the recent bearish trend, top crypto coins continue performing poorly. Meanwhile, Ethereum (ETH) has held a red candle over the past week as fears of the SEC rejecting spot Ethereum ETFs mount. On the other hand, Rebel Satoshi’s $RECQ token has stolen the limelight despite being in its public presale.
Why is $RECQ outshining Ethereum? Let’s delve into expert predictions to find out!
Ethereum Slides 4% in a Week: When Are Bulls Coming?
Ethereum has performed direly over the past seven days. On March 18, ETH was changing hands at around $3,634.56. ETH attained this price after the Ethereum Foundation set April 13 as the tentative shipping date of the Goerli testnet. However, the SEC delayed its decision on spot Ethereum ETFs on March 19.
Following this delay, Bloomberg’s ETF analyst, James Seffart, said the SEC will ultimately deny all spot Ethereum ETFs come May. As a result, ETH began plunging. By March 25, ETH had stabilized at around $3,454.11. This price means ETH has shed 4.96% of its value in a week.
So, will ETH continue plunging, or is it a good crypto to buy now? Per analysts, ETH will continue its downtrend as more investors liquidate their holdings due to fears of the SEC possibly rejecting all spot Ethereum ETFs. To this end, analysts set the end-of-March ETH prediction at $3,426.30.
Rebel Satoshi’s $RECQ Showcases Rapid Growth: Early Bird Round Nears End!
Rebel Satoshi, an up-and-coming meme coin project, has made headlines due to its swift growth. This budding project has been doing rounds in the crypto space due to its bold mission to rouse the sleeping sheep and build a vibrant community that fights for more decentralization.
Additionally, Rebel Satoshi has gained favor among investors because of its dual-token ecosystem. Rebel Satoshi’s tokens are $RBLZ and $RECQ. $RBLZ came first and completed its public presale on February 29. After its presale, $RBLZ launched on Uniswap and Coinstore exchanges.
On the other hand, $RECQ, which serves as Rebel Satoshi’s base currency, was in the Early Bird Round of its presale as of March. During this round, investors can purchase $RECQ at $0.0020. Investors that buy $RECQ at $0.020 will realize a 525% ROI when the token surges to its listing price of $0.0125.
This projected astronomic price rise explains why $RECQ is the best cryptocurrency to buy now for massive profits in 2024!For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
