Three Uniswap (UNI) whales dump over 2 million UNI tokens after an SEC notice, triggering bearish predictions for the token.
Rebel Satoshi’s ($RECQ) presale has emerged as the preferred choice for these whales, following its impressive presale performance.
Recent market trends have caused investors in top altcoins, known as whales, to seek out alternative investment options. In the latest of such adventures, three Uniswap (UNI) have sold their UNI holdings in search of the best altcoins to invest in. Let’s get the latest on these Uniswap whales and why they may be considering Rebel Satoshi’s $RECQ token.
SEC Notice Triggers Whales’ Offload of $20 Million UNI
The news of Uniswap receiving a notice from the US SEC about an upcoming enforcement action has caused distress among UNI whales. On April 11, three major whales collectively sold around 2.03 million UNI tokens ($20 million), leaving many Uniswap enthusiasts in shock.
Following this Uniswap news, the price of UNI dropped from $10.03 on April 10 to $9.17 the next day, marking an 8.57% decrease in the DeFi coin price. Some analysts covering Uniswap’s UNI token have an optimistic price projection, believing that the cryptocurrency’s growing popularity within the crypto ecosystem will drive its value higher. These analysts predict that UNI will reach a price of $15.21 before the end of April.
In contrast, other experts hold a more bearish outlook on Uniswap, anticipating increased selling pressure from investors seeking to lock in profits. These analysts forecast that UNI will decline to a price of $9.11 before the end of April, reflecting their more cautious market sentiment.
Top ICO Experts Say Uniswap Whales May be Looking to Invest in Rebel Satoshi’s $RECQ
As these top investors look to hedge against a potential bearish wave on Uniswap, they have set their sights on Rebel Satoshi. Rebel Satoshi is a top meme-coin project that aims to transform the cryptocurrency market by supporting decentralization. The platform now includes two ERC-20 coins, $RBLZ, and $RECQ, which enhance its governance and utility aspects.
During the presale for $RBLZ, Rebel Satoshi raised $2.5 million, making it one of the most promising ERC20 currencies to invest in. Following the introduction of $RBLZ on Uniswap, CoinStore, and other decentralized exchanges (DEXes), early investors have already received an impressive 150% return on their investment.
The successful performance of $RBLZ has also led to the presale of the $RECQ token in Stage 1, which currently sells for $0.0037, representing an 85% increase over the initial Early Bird price of $0.0020. The $RECQ gains continue to rise, with the next stage expected to reach $0.0044. After the presale, Rebel Satoshi‘s Stage 1 investors are estimated to earn a 237.84% ROI when $RECQ hits its target price of $0.0125.
In addition to the financial benefits, holding the $RECQ token provides the option to purchase exclusive non-fungible tokens (NFTs) and access the fascinating Rebel Satoshi Arcade game experience, further enhancing the utility and appeal of the Rebel Satoshi ecosystem.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
