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Week 10 RCC Performance Update!

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by COINS NEWS 87 Views

Week 10 RCC Performance Update!

Good Morning Reddit Community Currency Enthusiasts and others who just randomly read my posts! Hard to believe I've been doing this going on two and a half months now. I hope you're having a wonderful day today! What a wild week in this space with all the goings on! Here we go:

Week 9 Post

Data from last week 1.26.24:

https://preview.redd.it/56u0ye8247gc1.png?685&format=png&auto=webp&s=85c8a05f9c1768f7f35d2b8147746790778a41ac

Data from this week 2.2.24:

https://preview.redd.it/ei0locu147gc1.png?685&format=png&auto=webp&s=b9e37e460d954a2f760c7fdea368c60d78b984af

  1. First thing that jumped off the page at me was holy Donut! More than doubled their market cap since last week and added holders for the first time the end of December! They flipped Cone and nearly got Gone as well. Now this may be due to the most recent Donut distribution so I'll continue watching to see if there is any sell off with fresh Donuts being out. We shall see.
  2. PEPE continues its market cap slide down, they've continued to drop each week for the past month or so.
  3. CONE had maybe the wildest week of all with the Discord hack on Monday. Caused a huge sell off with the hacker dumping over 2 Billion but in true ConeHead fashion the dip was bought and created a donation fund from community members that just about covered all of the lost 2 Billion. Market cap wise its almost right back to where it was a week ago and all things considered that's a huge win.
  4. Below Cone not much has changed except GODL has had a nice uptick in market cap. It may be finding its bottom and getting ready for another run. Going forward my guess will be that most of the tokens distributed will go to folks that want to just HODL them so I don't foresee much selling pressure.

On a semi non market related front I would also like to mention that MIKO had a very successful, albeit accidental from all accounts, new RCA drop on Wednesday. There has also been teases and leaks of future potential RCAs which is pretty exciting. I don't know if any of these events will impact the MIKO token itself, but it being at so a low market cap it might be worth checking into it more.

If anyone sees anything I've missed please add it in the comments, I always enjoy the feedback and back forth I get down there. You stay classy Reddit Community Currency Enthusiasts and others who just randomly read my posts!

submitted by /u/jimfird
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