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Peter Brandt noted Solana (SOL) completing a descending triangle pattern, pointing to a possible downtrend continuation. Recent price drops have raised concerns about SOL's short-term momentum.
Jupiter (JUP) established its DAO with $137 million, comprising USDC and JUP tokens. Despite recent price dips, JUP gained 160% in a month and holds 8% of Solana's TVL. After hitting an ATH of $2.04 in January 2024, JUP rose 250% and could surpass its ATH.
TON Foundation distributed 300,000 Toncoin to active meme coin traders, totaling around $2.19 million. Traders on Ston.fi and DeDust platforms can become qualified by trading whitelisted meme coins from March 4 to April 10.
Rebel Satoshi ($RBLZ) aims to decentralize the crypto space by uniting small operators and showcasing its power through a dual-token system ($RECQ and $RBLZ). $RBLZ, the governance token, saw 150% profits in presale, while $RECQ, the utility token, supports all transactions.
The cryptocurrency sector is a dynamic landscape where each token tells a unique story of innovation, market sentiment, and potential growth. In this publication, we dive into the journeys of four unique projects in this digital space: Solana (SOL), Jupiter (JUP), Toncoin (TON), and Rebel Satoshi ($RBLZ). Solana, Jupiter, and Toncoin investors are rushing to buy Rebel Satoshi's $RECQ, convinced that it could go 100X after launch on exchanges.
Famous trader and market analyst Peter Brandt weighed in on Solana's (SOL) recent price action. He hinted at the possible completion of a chart pattern that could help determine the future of Solana (SOL). Considering the volatility of the market, recent price movements have raised concerns about Solana's (SOL) near-term price momentum.
In a recent tweet, Brandt highlighted an interesting development on Solana's (SOL) market chart, which completed a descending triangle pattern. These patterns indicate the continuation of a downtrend. With the pattern completed, Solana (SOL) investors anticipate increased volatility in the market. As Solana (SOL) charts its course on the crypto market, traders will monitor its price movements, especially with the upcoming Bitcoin (BTC) halving event.
By the end of the second week of April 2024, Solana was trading at $172.93, down 5.05% in the past week. Experts say Solana (SOL) will rebound to trade at $190.18 by the end of April, powered by the growing bullish momentum in the crypto space. Hence, SOL is a good crypto to buy now.
In late March 2024, Jupiter (JUP) set up its DAO – Jupiter DAO. This DAO had an initial capital of $137 million, which was made up of 10 million USDC and 100 million JUP tokens. Notably, Jupiter DAO's funds are stored in a multi-sig wallet managed by JUP's team.
In early April, Jupiter (JUP) was valued at $1.60 after recording a 160% surge in the past month. Market analysis indicates that Jupiter (JUP) is a top decentralized application that accounts for 8% of Solana's total value locked (TVL).
After Jupiter (JUP) hit its all-time high of $2.04 in late January, the altcoin plunged to its all-time low of $0.45 in late February. Since then, JUP has gained over 250%, and analysts say Jupiter could break its all-time high (ATH) soon.
In the second week of April, Jupiter (JUP) was trading at $1.27, down 11.25% in the past week. However, it has still been up 67% in the past month, indicating that its bullish momentum is intact. Experts believe JUP will rise to $1.78 in April, supported by bullish momentum in the crypto space. Thus, it is one of the top crypto coins.
TON Foundation distributed 300,000 Toncoin to active meme coin traders on April 11, 2024. The Open Network project airdropped Toncoin (TON) worth about $2.19 million to many active top meme coin traders on Ston.fi and DeDust platforms.
Meme coin traders active on these platforms between March 4 and April 10 qualified for this Toncoin (TON) airdrop. Furthermore, users had to trade whitelisted meme coins on the network to amass points, a quick-rising reward ecosystem.
Based on the team, participants could earn 90 free Toncoin (TON) tokens per wallet. However, Sybil's addresses were disqualified from the snapshot, and no coins were received.
Before this airdrop announcement, Toncoin (TON) broke its all-time high (ATH) once more as its price surged by about 14%, reaching $7.65. However, TON retraced to $7.22 in a normal market correction. This strategy is guaranteed to increase Toncoin's (TON) adoption rate, helping support its bullish momentum.
By the second week of April, Toncoin (TON) was trading at $7.29, up 42.43% in the past week. Experts believe Toncoin (TON) will rise to $7.75 in April, supported by bullish momentum in the crypto space.
Rebel Satoshi ($RBLZ) is an emerging meme coin that has dominated the crypto space due to its mission to eliminate centralization in the sector. To achieve this impressive mission, Rebel Satoshi ($RBLZ) aims to unite the silent majority, build an active community, and secure a massive market cap. In doing that, Rebel Satoshi ($RBLZ) will display the power of uniting the small operators in the market.
Besides the distinct mission of decentralization, Rebel Satoshi has also become the leading blockchain ICO to invest in since it features a dual-token ecosystem. Rebel Satoshi's tokens are $RECQ and $RBLZ.
On that note, $RBLZ is Rebel Satoshi's governance and membership token, and it generated 150% of profits for its early presale investors. The presale raised over $2.5 million and the coin is now listed on Coinstore, CoinGecko, Uniswap, and DEXTools exchanges.
On the other hand, $RECQ is Rebel Satoshi's utility token. Interestingly, $RECQ supports all Rebel Satoshi transactions, rewards, fees, and purchases. This important role makes $RECQ the best crypto investment. By April 2024, $RECQ's price had surged to $0.0037 after transitioning to Stage 1 of its public presale.
So far, $RECQ has delivered an 85% ROI to the Early Bird Round investors, which is expected to rise to 525% when $RECQ rises to its launch price of $0.0125. In the meantime, Stage 1 buyers will record a 237.84% when $RECQ reaches $0.0125.
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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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
