- Floki could recover from the recent downturn in April, according to some analysts
- Dogwifhat (WIF) holders are also confident of a recovery.
- But Rebel Satoshi has outperformed competitors, increasing interest in its meme coin ecosystem.
Floki has gotten a new listing as demand for its token keeps rising. Dogwifhat (WIF) could suffer from Solana’s network congestion issues.
Meanwhile, a new meme coin is now pulling investors from other meme coins as its token surged by 85% during its presale. Analysts say that this new coin might outperform some of the greatest players on the market. Are these predictions accurate? Let’s discuss.
Thailand’s Bitazza exchange lists Floki
Floki’s rising demand has continued, leading to a new listing in Thailand. On April 12, Floki announced that Thailand’s Bitazza exchange had listed its token.
The new listing was also licensed by the SEC and the Ministry of Finance of Thailand. The news excited Floki’s community, indicating its growing adoption in the Asia Pacific region.
This excitement could boost Floki’s performance in April. FLOKI traded at $0.000273 by the second week of March. It rose by 11.28% to $0.0002422 at the end of the month. Over a week later, FLOKI fell by 20.76%, reaching $0.0001919 in mid-April.
The growing adoption of TokenFi could also boost Floki’s performance. Since its release, several networks and projects have launched their tokens on Floki’s TokenFi launchpad. Analysts say this trend will continue until the end of the year.
This could push FLOKI’s value up by 34.96% to $0.0002590. Floki’s continued rise could make it one of the top altcoins, according to a number of analysts.
Dogwifhat’s momentum slows
Dogwifhat (WIF) and other Solana meme coins have lost bullish momentum following the recent issues affecting their parent network. Investors had increased their meme coin holdings to capitalize on the meme coin boom. Dogwifhat (WIF) soared following Bitcoin’s ascent in March.
However, the drop in Dogwifhat’s (WIF) momentum caused a decrease of $1.5 billion in its market capitalization.
Dogwifhat’s WIF token traded at $2.1054 in the second week of March. Over two weeks later, WIF jumped by 54.68% to $3.2567. It soared by 28.96% to $4.2000 after the first week of April before falling by 17.6% to $3.4593 a few days later.
Solana has faced network congestion issues, which have worsened Dogwifhat’s (WIF) performance. Analysts say a quick resolution to the network issues will spur a rebound of Dogwifhat’s trading activity.
With increased demand, Dogwifhat could become one of the top crypto coins as WIF’s value could rise by 15.61% to $3.9993.
Rebel Satoshi gains ground on other meme tokens
The investor rush to the meme coin industry could boost Rebel Satoshi’s growth as well. Unlike other meme projects, Rebel Satoshi prioritizes reestablishing decentralization as one of the core principles of the digital asset sector.
It features a meme coin system that is big on community participation. Rebel Satoshi plans to sway other communities to follow in its footsteps using decentralized wealth creation and distribution.
The project also has a market capitalization target of $100 million. It plans to use typical crypto wealth generation means like coin staking, NFT trading, and arcade gaming.
These services also help community members play a role in Rebel Satoshi’s development. With coin staking, users can help boost the network’s security and stability while earning high-value APY rewards.
The selected staking duration will determine how much a player will accumulate from NFT trading. Rebel Satoshi also comes with exclusive community events and merchandise. Purchasing assets and enjoying its arcade games is done using a second token called $RECQ. Rebel Satoshi’s first token, $RBLZ, has gone live on Uniswap, Coinstore, CoinGecko, and DEXTools.
Its demand remains high as it gives players governance rights. Furthermore, only $RBLZ offers coin staking. $RBLZ’s presale sold out, returning 150% gains to its earliest investors. Analysts predict a similar surge in $RECQ’s ongoing presale.
$RECQ just entered Stage 1 of its presale with an 85% jump from its previous value. It currently trades at $0.0037.
However, $RECQ will jump to $0.0044 by Stage 2 of its presale. By the end of the presale, $RECQ is forecast to be trading at $0.0125, realizing 237% gains for current $RECQ investors. Analysts say $RECQ’s growth potential could make it a top ICO investment.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
The post Can this new meme coin outperform FLOKI and WIF? appeared first on CoinJournal.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments