The post zkSync (ZK) Goes Live; Bonk Sees Red; Why Are Whales Flocking to This New GameFi Memecoin? appeared on BitcoinEthereumNews.com.

zkSync finally goes live but trades on the downside. Bonk reflects wider bearish sentiments, plummeting alongside the overall crypto market. The Rebel Satoshi Arcade presale has become a go-to for whales, offering a safe haven against market turbulence and staggering growth prospects. It has been a week to forget, for the bulls at least. The crypto market tumbled—altcoins the most. But amidst the chaos, the much anticipated Layer-2 token, zkSync (ZK), goes live. As expected, its launch was followed by a red wick, with many addresses opting to sell their ZK airdrops. Also reflecting broader market sentiment is Bonk (BONK), which plummeted below critical support. A silver lining is that prices are entering attractive buy zones—expand your portfolios for the impending bounce. At the same time, whales have been showing significant interest in this emerging GameFi memecoin: Rebel Satoshi Arcade (RECQ). Besides providing a hedge against times like this—bloodbaths—it also promises staggering upside potential, making it a favorite. Rebel Satoshi Arcade (RECQ): Hedge Against Market Shocks Rebel Satoshi Arcade (RECQ), a novel GameFi memecoin, is quickly becoming investors’ go-to. With the market going through a correction, it has become a favorite destination for not only retailers but also large-volume investors. Or, as they say in the popular crypto lingo, whales. Sensing blood—in this case, massive gains—whales have been flocking to the ongoing RECQ presale. Aside from offering a hedge against market shocks, it also promises astounding growth prospects as a low-cap gem and as one of the best presale memecoins. In stage 2 of the ICO, a token costs just $0.0044, providing a good entry point. Meanwhile, top experts predict a jaw-dropping 50x rally after its launch, which has been fueling demand, no doubt. Also driving investors’ interest is its vibrant ecosystem, which combines with the hottest crypto trends. Besides…

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Filed under: News - @ June 20, 2024 5:14 pm