TLDR
- Ethena (ENA) has gained 4% in a week, and analysts believe more growth is on the horizon.
- ONDO surged 4% in a week, and experts expect the momentum to continue.
- Rebel Satoshi’s RECQ gains investor favor after jumping 120% during its presale.
Top altcoins like Ethena (ENA) and ONDO have maintained recent gains despite the crypto market entering a consolidation phase. Interestingly, experts expect these coins and Rebel Satoshi’s RECQ token to pump further in 2024, offering investors massive returns.
But the main question is, why do experts believe ENA, ONDO, and RECQ will explode in 2024? Let’s find out!
Ethena Jumps 4% in a Week: What’s Coming Next?
Ethena has performed decently over the past seven days. On May 25, 2024, ENA changed hands at around $0.86. ENA reached this price due to the May 24 news of Ethena Labs adding USDe worth approximately $450 million over the past 16 days. This news saw ENA jump as high as $0.96 on May 26.
However, the excitement about this news faded, and ENA started correcting downward. By June 1, ENA had stabilized at around $0.90. This price means ENA has gained 4.65% in a week. This performance has left investors asking if ENA is a good crypto to buy for massive returns this year.
Per experts, Athena will continue pumping due to the May 29 news of ENA launching on Blast. Therefore, experts set the end-of-June ENA prediction at $1.07.
In the long term, experts expect ENA to climb to $1.80 by the end of 2024 as its USDe stablecoin gains more adoption. This forecast makes ENA a good investment ahead of the next crypto bull run.
RECQ Attracts More Crypto Meme Investors After Jumping 120%: What’s Next?
Rebel Satoshi, an upcoming meme coin project that seeks to enhance decentralization in the crypto industry, has emerged as a top pick among investors due to its audacious mission.
Additionally, Rebel Satoshi has won over investors because of its feature-rich ecosystem, which boasts an NFT marketplace, an arcade, and a stake-to-earn program.
To ensure its ecosystem runs smoothly, Rebel Satoshi leverages a dual-token structure. The two tokens in the Rebel Satoshi ecosystem are RBLZ and RECQ. RBLZ is Rebel Satoshi’s governance and membership token. As of June, RBLZ has launched on four exchanges after generating a 150% ROI for early investors in its presale.
On the other hand, RECQ is Rebel Satoshi’s base currency. As of June, RECQ is underway with Stage 2 of its public presale. RECQ’s price during this stage is $0.0044. Thus far, RECQ has jumped 120% and 19% from the Early Bird Round and Stage 1 prices of $0.0020 and $0.0037, respectively.
Interestingly, RECQ promises Stage 2 investors a 25% ROI when it starts Stage 3 at $0.0055. Furthermore, this ROI is set to increase to 184% when RECQ hits its launch price of $0.0125. These enormous returns make RECQ one of the top meme coins to buy in the crypto market.
ONDO Gains 4% in a Week: What’s in Store?
ONDO has performed modestly over the past seven days. On May 25, 2024, ONDO was hovering around $1.22. ONDO attained this price due to a bull cycle that started after rUSDY, a new form of USDY, launched on the Ethereum mainnet on May 24. This bullish news saw ONDO soar as high as $1.33 on May 26.
However, the buzz about this news cooled down, and ONDO started correcting downward. By June 1, ONDO had stabilized at around $1.27. This price means ONDO has gained 4.09% in a week. Naturally, this bullish performance has caught investors’ attention, but what’s next for ONDO?
Per analysts, ONDO will pump further to close June at $1.30. Experts base this forecast on ONDO attracting more investors after MSafe partnered with ONDO on May 27. Moreover, experts rUSDY will attract more investors to ONDO. To this end, experts set ONDO’s end-of-2024 prediction at $1.73. This forecast makes ONDO a top crypto to buy.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram