DOOKV: VeChain anticipates June rally as new altcoin seeks to displace Solana

DOOKV A major VeChain analyst has anticipated an enormous price surge in June. At the same time, optimism about Solana is losing ground, remaining under bearish pressure. However, Rebel Satoshi Arcade has turned out to be a good alternative, thus, becoming one of the top crypto coins for investors and gamers in 2024

VeChain forecasted to skyrocket in June

VeChain (VET), one of the once-bullish altcoins, has given in to bearish pressure. Despite expectations of a potential rally to $0.1, VeChain has left investors disappointed. The altcoin is currently valued at the $0.03954 – $0.0457 price range. It has witnessed losses of 3.1% and 8.5% on the weekly and monthly price charts.

However, things could change in June, according to a VeChain supporter. In a recent tweet, @nike2144447405 noted that “June is the biggest month of VeChain history.” He ended his tweet by telling his followers to bookmark it.

Solana investors lose faith as woes continue 

DOOKV Solana (SOL) has had some tough times in 2024 after a bullish season in late 2023. The whole issue began after its network outage on February 6th. While the team was able to resolve the problem, investors started having second thoughts about the network. Also, the issue of failed transactions in April has made matters worse.

Looking at Solana’s native token, SOL, its price movement has been gloomy in the past week. The altcoin has been exchanging hands between $180 and $200. With this, investors are considering moving to a new DeFi project – Rebel Satoshi Arcade. 

While Solana has left investors disappointed, Rebel Satoshi Arcade (RECQ) has impressed investors. The project aims to capitalize on the rise of P2E games. These games have ravaged the crypto community and captured investors’ interest.

Rebel Satoshi Arcade integrates memecoin, play-to-earn gaming, arcade games, and NFTs into one ecosystem. Unlike most play-to-earn gaming systems, Rebel Satoshi has a two-token system. This means that the ecosystem has two tokens that have different utilities — RBLZ and RECQ.

Rebel Satoshi Arcade recently finished the presale for the first token, RBLZ. The ICO saw good results. The token’s price soared 150% from the beginning of the presale to the end. Those who joined that presale saw a 150% return on their investments. For those who missed out, Rebel Satoshi has opened the presale for the second token, RECQ.

RECQ is in stage 1 of its presale, where it has sold over 74% of the allocated tokens. The price is expected to increase from $0.0037 to $0.0044 soon. Apart from the gains, RECQ will give holders access to different arcade games, best NFTs, and rewards. RECQ holders will earn rewards while gaming and get to interact with other gamers. Interestingly, RECQ has no buy or sell tax, which means players will get the full value of the tokens they buy.