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XRP gained 1% for the week amid bullish bets, and THORChain held steady above $5.20 as Rebel Satoshi’s RECQ attracted investors with an 85% increase.
Top cryptocurrencies such as XRP (XRP) and THORChain (RUNE) have underperformed over the past seven days. As these tokens trend towards higher prices, investors have begun flocking to Rebel Satoshi’s RECQ token, which is up 85% so far during the ongoing public presale.
XRP increased by 1% in a week
XRP has shown modest performance over the past seven days. On April 29, XRP was changing hands around $0.5203. Maintaining this level for days, XRP gained momentum on May 2 after Ripple Labs CEO Brad Garlinghouse announced that the XRP Las Vegas event will start on May 3.
Moreover, on May 3, news that old XRP tokens were returning to the market triggered a buying power surge. The resulting bullish trend saw XRP rise as high as $0.5401 on May 4. However, rumors about this news subsided and XRP began correcting downwards. As of May 6, XRP had stabilized around $0.5304. This price means that XRP increased by 1.94% in a week.
So is XRP a good crypto to buy now? According to experts, XRP will continue to rise to close the month at $0.5784. Experts base this prediction on XRP attracting more investors as dormant investors continue to return to the market.
THORChain remains above $5.20
THORChain recorded minimal movement in the last seven days. On April 29, RUNE was trading around $5.22. After a day of range trading, RUNE gained momentum on April 30 after Symbiosis partnered with THORChain to enable conversion of any token into Bitcoin (BTC) across 25+ supported networks.
The resulting uptrend allowed RUNE to rise as high as $5.44 on May 4. However, the excitement around this partnership faded and RUNE began to trail its growth. As of May 6, RUNE had stabilized around $5.36. This price means RUNE gained only 0.77%.
So, will THORChain continue its upward trend and is it one of the best cryptocurrencies to invest in? According to experts, RUNE will continue to close May at $6.85. Experts base this prediction on increased adoption of RUNE due to THORChain’s partnership with Symbiosis.
Rebel Satoshi’s RECQ gains momentum after rising 85%
Rebel Satoshi, an emerging memecoin project that aims to offer the little guys power over centralized crypto assets, has attracted investors despite only launching on November 5, 2023. Investors are flocking to Rebel Satoshi because he promises to involve his community in building his ecosystem.
Rebel Satoshi aims to create a feature-rich ecosystem, especially with its NFT market, staking program and gaming lounge. To keep this ecosystem running smoothly, Rebel Satoshi utilizes a dual-token system. The two tokens in the Rebel Satoshi ecosystem are RBLZ and RECQ.
RBLZ is Rebel Satoshi’s membership token and achieved a 150% ROI during the pre-sale. RECQ, on the other hand, is Rebel Satoshi’s utility token that facilitates all transactions and interactions. This vital role in the Rebel Satoshi ecosystem makes RECQ a leading cryptocurrency.
By May, RECQ was quickly moving into Phase 2 of its ongoing public presale. RECQ’s price at this stage was $0.0044. RBLZ rose to $0.0044, generating a 120% return on investment for Early Bird Round investors. Once RECQ reaches a list price of $0.0125, Early Bird Round and Stage 2 investors will see a 525% and 184% return on investment, respectively.
To learn more, visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
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