The crypto market performed poorly during the third week of April, with top crypto coins recording notable losses. This bearish trend saw a whale sell $1 billion worth of Bitcoin (BTC) just before its halving on April 19. Meanwhile, crypto adopters have started gravitating toward Rebel Satoshi’s $RECQ token, which has emerged as the next big thing.
Might the whale that sold $1 billion of Bitcoin be eyeing $RECQ? Read on to find out!
Whale Transfers $1B Worth of Bitcoin to Binance Ahead of Halvening!
Like most top altcoins Bitcoin has performed deplorably over the past seven days. On April 13, BTC was changing hands at around $67,465.37. However, BTC experienced wild price swings, a trend that pushed a Bitcoin whale to dump 16,276 BTC to Binance on April 18. Notably, the value of the transaction was approximately $1 billion.
Per Arkham Data, the transfer came from Binance’s User Security Fund (SAFU). It is worth noting that Binance had previously announced plans to convert the $1 billion in SAFU into USDC. Nonetheless, this massive transfer spurred a massive sell-off ahead of Bitcoin’s halving event on April 19.
Specifically, BTC traded as low as $59,651.39 on April 19. However, the buzz about BTC’s halving initiated a bounce back to the $60,000.00 level. In a much-anticipated event, Bitcoin halved on April 19 at around 8:09 PM EST. However, the BTC did not spike as most traders anticipated. As of April 20, BTC had stabilized at around $63,650.35.
Rebel Satoshi’s $RECQ Targets Further Gains After Jumping 85%!
Rebel Satoshi, an upcoming meme coin that seeks to change the crypto landscape by challenging crypto norms, has emerged as the top ICO to invest in. Investors are flocking to Rebel Satoshi because of its dual-token ecosystem, which features an arcade, an NFT marketplace, and a stake-to-earn program.
Notably, Rebel Satoshi’s first token, $RBLZ, completed its presale on February 29, generating a 150% ROI. As of April, $RBLZ was available on four leading exchanges. These are Coinstore, CoinGecko, Uniswap, and DEXTools. Investors that missed $RBLZ’s rally are now rushing to invest in $RECQ.
$RECQ is Rebel Satoshi’s base currency. As such, Rebel Satoshi has set its maximum supply at 3 billion tokens to ensure transactions run smoothly within its ecosystem. By April, $RECQ had commenced Stage 1 of its ongoing public presale, with each $RECQ token going for $0.0037.
This price means $RECQ has jumped 85% from the Early Bird Round price of $0.0020. When $RECQ surges to its launch price of $0.0125, Early Bird Round investors will enjoy a 525% ROI. On the other hand, Stage 1 investors will realize a 237.84% ROI when $RECQ hits $0.0125. This enormous ROI makes $RECQ the best crypto to buy now!
