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Solana and Cardano dip as Rebel Satoshi’s presale excites market

23 April 2024
in Solano
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana and Cardano face significant drops with 18% and 21% weekly losses, respectively, while Rebel Satoshi’s RECQ token gains momentum in its presale.

Top 10 altcoins like Solana (SOL) and Cardano (ADA) have performed deplorably over the past seven days. As a result, investors have started eyeing high-potential tokens with low entry points. This explains why Rebel Satoshi’s RECQ token has taken the crypto market by storm.

Solana plunges 18% in a week

Solana has performed abysmally over the past seven days. On April 12, SOL was changing hands at around $172.94. SOL jumped slightly the same day after Owlto integrated Solana to enable seamless between Solana and over 20 other networks. Specifically, SOL climbed as high as $172.94. 

However, the April 12 market crash saw SOL begin correcting downward before plunging sharply to trade as low as $123.13 on April 13. In a positive turn, Uquid listed SOL in its dApp center on April 15, triggering a partial recovery. By April 19, SOL had stabilized at around $140.40. This price means SOL has shed 18.79% in a week.

Despite this massive tumble, experts believe SOL will experience a resurgence and climb to $152.17 by the end of April. This forecast makes SOL a good crypto to buy. Experts base this prediction on SOL getting more adoption after Solana integrated with PundiX’s XPOS payments platform on April 17.

Cardano dumps 21% in a week

Cardano has performed dismally over the past seven days. On April 12, ADA was hovering at around $0.5860. ADA reached this price after EMURGO partnered with Huawei on April 11. This partnership sought to bring Huawei’s cloud infrastructure into the Cardano ecosystem. 

The resulting uptrend saw ADA peak at $0.5870 on April 12 before the marketwide flash crash triggered a bearish sentiment. Consequently, ADA traded as low as $0.4143. By April 19, ADA had experienced a slight upward correction before stabilizing at around $0.4572. This price means ADA has plummeted 21.98% in a week. 

So, what’s in store for ADA? According to experts, ADA will continue shedding value as the news about EMURGO’s partnership with Huawei fades. Specifically, experts predict that ADA will slide to $0.4460 by the end of April. This forecast adds Cardano to the list of altcoins to watch.

Rebel Satoshi’s RECQ catches investor interest 

Rebel Satoshi, an upcoming meme coin project, has left experts and investors alike buzzing about its growth potential. The crypto community is hyping Rebel Satoshi because of its unique mission to unite the silent majority, build a vibrant community, and secure a $100 million cap before challenging centralized crypto organizations. 

Moreover, Rebel Satoshi has emerged as an alluring investment because of its dual-token ecosystem, which features an arcade, an NFT marketplace, and a staking program. To access these features, crypto adopters must purchase Rebel Satoshi’s tokens, namely RBLZ and RECQ.

By April, RBLZ was available on Coinstore, CoinGecko, Uniswap, and DEXTools exchanges. RBLZ surged 150% during its public presale, which ended on February 29. On the other hand, RECQ was in Stage 1 of its ongoing public presale, offering investors who missed out on RBLZ a chance at big returns. 

RECQ’s price during Stage 1 was $0.0037. Thus far, RECQ has jumped 85% from the Early Bird Round price of $0.0020. Once RECQ surges to its listing price of $0.0125, RECQ will have generated a 525% ROI for Early Bird Round investors and a 237.84% ROI for Stage 1 investors.

To learn more, visit the official Rebel Satoshi website or contact Rebel Red via Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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