It is difficult to know what good crypto to buy from not-so-good ones. But using previous market performances and leading status, Cardano (ADA) and Pepe (PEPE) fit the bill.
Meanwhile, preparing to make its presence known in the crypto market is Rebel Satoshi Arcade, one of the new ICOs. In the first stage of the presale, over 70% of the tokens have been sold out at $0.0037 per coin, suggesting potential.
However, considering the crypto market’s uncertainty, not to mention the intense competition, Rebel Satoshi Arcade’s success is far from being guaranteed. Fingers crossed as it competes with other top ICOs.
Rebel Satoshi Arcade (RECQ): A token to bet on?
Rebel Satoshi Arcade (RECQ), an ERC20 coin, represents the second token within its dual-token ecosystem. The success of Rebel Satoshi (RBLZ), the ecosystem’s governance token, appears to be rubbing off on Rebel Satoshi Arcade, the utility token.
The presale recently kicked off and over 70% of the tokens dedicated to the first stage have already sold out. While this might seem like a promising sign, suggesting further presale success, there are crucial reservations to consider.
For one, the crypto landscape is filled with several new tokens and more promising ICOs—intense volatility. Further, according to ICO Bench, a crypto data website, “over 80% of ICOs during the 2018 boom were scams.”
While this information might seem outdated, it nonetheless expresses concerns about initial coin offerings, Rebel Satoshi Arcade included. Should you bet your bottom dollar on RECQ like early Cardano and Pepe investors did? This is a question we cannot answer; do your own research.
Nevertheless, here is what we can say about this new altcoin: it combines memes with GameFiand NFTs. The ecosystem will feature play-to-earn (P2E), free-to-play (F2P) and pay-to-play (P2P) arcade games. It will also include NFT digital collectibles and merch.
Cardano (ADA): A good crypto to buy?
Cardano (ADA) is a top 10 altcoin, highlighting its leading status. In addition, it also plays a vital role as a blockchain and smart contract platform.
The combination of Cardano’s leading status and real-world applications makes it an investor favorite. New crypto newcomers are also often attracted to top altcoins, which might play a key role in ADA’s ascent.
Bearing in mind the above, Cardano might come off as one of the best coins to invest in. However, its struggle to reclaim its all-time high (ATH) of $3.10 registered during the 2021 bull market isn’t a good look.
It is currently trading around $0.57 and a decline below the next support might push it into further decline. We recommend doing due diligence before investing in any crypto asset, Cardano included—DYOR.
Pepe (PEPE): Trading on the upside
Pepe (PEPE) is a meme token inspired by the 2000s internet meme “Pepe the Frog.” It represents a breath of fresh air in a meme ecosystem dominated by dog-themed cryptocurrencies.
The above played a vital role in its rise to becoming one of the top crypto coins. Today, Pepe is the fourth-largest memecoin. It trails behind Dogecoin (DOGE), Shiba Inu (SHIB) and dogwifhat (WIF).
After its significant growth post-launch in the second quarter of 2023, Pepe’s next move will be in 2024. It saw a big price leap, pushing it to a new all-time high (ATH) in mid-March.
While it might look promising now, meme coin volatility means Pepe could hit rock bottom tomorrow. As a result, we implore you to conduct further research. In a nutshell, do your own research (DYOR).
Conclusion
Pepe and Cardano’s track record and market performance might earn them the status of good crypto picks. However, as an emerging crypto, Rebel Satoshi Arcade has yet to reach this level. Nevertheless, considering the success of its sister token, Rebel Satoshi, early investors have seen bigger potential in Rebel Satoshi Arcade.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
