PEPE Drops 30%, Investors Seek Stability – Is This the New Safe Bet?

PEPE, along with virtually all other coins in the market, was hit quite significantly by the recent financial market crash. Namely, the crash in question was caused by turmoil in Japan’s stock market and its currency that spilled over into many leading stock exchanges and the global crypto market. 

Luckily, the markets bounced back fairly quickly, but PEPE is lagging behind, leaving investors to question its relevance and worth. While PEPE is still dropping, a new memecoin project has captured the attention of many, with prospects of being a highly lucrative and stable investment. Let’s learn more!

PEPE Continues Dropping After Recent Crash – Are There Better Days Ahead?

The first week of August was not a pleasant one for both the crypto and the stock market. Both markets saw huge price decreases and liquidations, with billions getting erased in a matter of hours. 

Luckily, the crash was short-lived as the start of the second week of August saw many stocks and coins bouncing back. While the majority of the crypto market rebounded, PEPE has been stalling, falling by over 30% in just 7 days. Even though it started to make back what it lost for a moment, it quickly continued on its downward trend and has yet to stop. 

The bright side is that PEPE still has a huge market presence, so there’s still some hope for the coin. However, as newer and more interesting players emerge on the market, PEPE might not be strong enough to hold on. 

Now, PEPE is hovering near its key resistance levels and has entered a consolidation phase. And since it is consolidating in the red, there might be more downturns to come for the token.

PEPE’s Current Consolidation Could Lead to Price Increases

According to @docXBT, a crypto expert and analyst, the consolation that we’re currently seeing with PEPE could potentially lead to a breakout for the token. In his tweet on August 7, the expert showed that he anticipated a further downward trend for the coin before an imminent breakout. 

If we look at his chart, he outlines the possibility of PEPE reaching its 2023 ATH before it rallies again, and he even states that PEPE could flip SHIB in the months to come. Other crypto experts like @MichaelXBT agree with the thought that PEPE needs to consolidate longer to break out, but whether it will flip SHIB remains to be seen. 

What’s In Store for PEPE?

At the moment, PEPE has an RSI that shows it is oversold, which should be a good sign for the token. However, PEPE’s MACD is still bearish and signals that there’s still intense selling pressure for the coin. Thus, with somewhat opposing signs, traders are waiting to see how PEPE moves in the coming weeks to draw their longer-term expectations.

With so much uncertainty and volatility, the upcoming days are crucial for the future of PEPE. If PEPE continues to trade in the red, crypto experts say that further price decreases are in store for the token, and vice versa. So, they recommend caution and patience.

But while PEPE investors and traders need to be cautious with their PEPE holdings and plans, a new memecoin project offers the exact opposite – unprecedented growth and stability. Let’s learn more about this newcomer!

Is RECQ The Most Promising Safe Bet Right Now?

If you want proof of how volatile the crypto market is and how quickly things can change, take a look at Rebel Satoshi’s RECQ token. While PEPE and other, more established memecoins are struggling right now, RECQ, a new player that hasn’t even launched yet, is raking in more and more presale investors as we speak.

Even during the bear market conditions we saw, the inflow of capital into RECQ hasn’t stopped, which is why numerous crypto experts believe that not only is RECQ the most promising new memecoin on the market, but it is also an extremely safe bet at these times.

What sets this coin apart is that it’s not just a memecoin, but it also has ambitious goals that go beyond profits and gains!

What Does RECQ Bring to the Table?

Lucrative investing opportunities and profitability are two benefits that come right off the bat with Rebel Satoshi. However, that’s not even the beginning!

Rebel Satoshi is much more than a simple memecoin you can make huge gains with, as it offers a sea of benefits to RECQ holders:

• Excellent Tokenomics: The tokenomics of a token, especially a memecoin is crucial for its long-term survival, and crypto analysts say that Rebel Satoshi has nailed it! Namely, the Rebel Satoshi presale will end once the token reaches a price of $0.0125. At the end of the presale, Rebel Satoshi will airdrop RECQ tokens over 4 weeks at 25% per week. A buyback program is also in place, guaranteeing the token’s stability and scarcity.
• Community: RECQ is a community-led project that will give power to everyone who participates, not just the wealthy elite. The community aims to spread a message of decentralization, allowing the people to have equal wealth opportunities as the 1%.
• Events and Rewards: Rebel Satoshi is committed to always bringing something new to the table, from lotteries/raffles, giveaways, and free and play-to-earn games to quests and lucrative rewards.

Join the Fun Today and Strap in for Massive Earnings!

At the moment, you can buy RECQ tokens for 0.0068, as it is currently in Stage 4 of its public presale. So far, over 590 million RECQ tokens have been sold, and the token has appreciated by 240% in value. 

At a launch price of $0.0125, those who buy now will see 83% ROI at launch, while the gains they make once RECQ starts trading on exchanges are virtually unlimited. 

Expert Opinion: A Rockstar in the Making?

As far as expert opinions go, RECQ has been receiving nothing but praise. Some crypto analysts have even made whole YouTube videos detailing why they believe that Rebel Satoshi has provided an absolute gem to the market, and they emphasize RECQ’s long-term growth potential as a driving factor.

Experts also love Rebel Satoshi’s dual-token ecosystem, highlighting that it is a great way to ensure stability and long-term prosperity. They also praise RECQ’s community focus as a huge plus, as all the best memecoins that we have seen survive longer than one year in the market have had passionate and strong communities to back them up. 

A Journey to Fairness Begins: Become a Part of It Today!

If you want to be a part of the next big crypto community that will make a loud splash on social media and among investors all over the world, Rebel Satoshi offers just what you need. It is not only a memecoin, but a journey to fair investment opportunities and freedom of centralization. 

While it does it, Rebel Satoshi also offers a lot of fun activities that you can do in your free time, such as games, quests, and the ability to collect exclusive NFTs. So, if you want to be a part of the RECQ movement, you can easily buy some tokens today, erase the losses you may have experienced during the recent crash, and get involved with a project with significant long-term growth potential early!

Conclusion

This cycle has been proclaimed as a memecoin supercycle by many crypto experts. Established memecoins like PEPE aren’t living up to the hype, but new memecoins are completely taking over and leading the cycle. With that said, PEPE’s future is still bright should it start erasing all the losses it incurred.

Meanwhile, new projects, especially Rebel Satoshi, are set to absolutely explode once the market recovers, as analyses show that investors are more interested in the new than the old, and RECQ fits the bill to a T! 

Moreover, RECQ has a vast and passionate community behind it already, which, according to experts, will only grow as more and more people learn about this gem. And if we’ve learned anything about successful memecoins it’s that they need a fiery community to truly excel and become long-term players in this unpredictable market.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website 

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.