What you'll learn 👉
TLDR
- Bitcoin (BTC) witnesses massive outflows following a hawkish FOMC meeting.
- Rebel Satoshi’s RECQ eyes further gains after surging 120% during its presale.
Bitcoin (BTC) has declined on the price charts over the past week, recording significant losses. These losses have come after a hawkish FOMC meeting. As a result, investors have started diversifying their investment portfolios with presale memecoins. This explains why Rebel Satoshi’s RECQ token is seeing increasing investor interest.
But the main question is, will Bitcoin rebound soon, and will RECQ continue pumping? Read on to discover more!
Bitcoin Witnesses Huge Outflows After a Hawkish FOMC Meeting
Bitcoin has performed poorly on the price charts over the past week. These losses came after a hawkish-than-expected FOMC meeting forced crypto investors to minimize their exposure to fixed supply assets. As a result, the leading digital asset witnessed outflows of approximately $621 million.
This amount represented the highest outflows since March 22, 2024, when a winter market had engulfed the crypto space.
According to data from CoinShares’ Digital Asset Fund Flows weekly report, Bitcoin shorts witnessed an inflow of $1.8 billion. These low inflows indicate a lack of investor confidence in Bitcoin reversing course and pumping soon.
Interestingly, these losses were centered around Bitcoin, with top altcoins recording notable inflows. Specifically, Ethereum products raked in $13.1 million over the past week. Meanwhile, LIDO and XRP witnessed inflows of $2 million and $1.1 million, respectively. In comparison, the inflows of Chainlink and Litecoin products were each $0.8 million.
RECQ Positions Itself as One of the Best Presale Memecoins After Jumping 120%
Rebel Satoshi, an upcoming meme coin project that takes pride in being the beacon for the underdogs who dare challenge centralization in the crypto market, has resonated with the beliefs of crypto enthusiasts due to its bold mission.
Additionally, Rebel Satoshi has captured investor interest because it stands out from conventional memecoins.
Specifically, Rebel Satoshi boasts a dual-token structure. Moreover, Rebel Satoshi promises to engage its community, which boasts an NFT marketplace, an arcade, and a stake-to-earn program. These features explain why investors are diving headfirst into the public presale of Rebel Satoshi’s RECQ token.
RECQ Presale Going Strong
RECQ is Rebel Satoshi’s second token and base currency. As of mid-June, RECQ is in Stage 2 of its ongoing public presale, with the token’s price standing at $0.0044. This price point means RECQ has surged 120% from the Early Bird Round price of $0.0020. In comparison, Stage 1 investors have realized a 19% profit.
As for Stage 2 investors, RECQ promises a 25% when it enters Stage 3 at $0.0055. Moreover, Stage 2 investors will see the value of their holdings increase by 184% when RECQ attains its launch price of $0.0125.
This guaranteed price growth explains why RECQ is quickly becoming one of the best presale memecoins to buy!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
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