Breaking: Rebel Satoshi’s market dominance grows as Bitcoin Cash and Stellar lose ground
As a renewed bearish force ravages the crypto market, top crypto coins like Bitcoin Cash (BCH) and Stellar (XLM) have started bleeding. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, is taking over crypto headlines after the Early Bird Round of its ongoing public presale sold out in three weeks.
Will Bitcoin Cash and Stellar recover to compete with Rebel Satoshi’s growth? Continue reading to find out!
Bitcoin cash plunges 4% in a week: Will bears remain dominant?
Bitcoin Cash has performed unsatisfactorily over the past seven days, starting November 21. On November 21, BCH was trading around $231.93. However, BCH plunged sharply on November 22 after Mt. Gox, a Japanese crypto exchange that collapsed in 2014, revealed that it plans to start repaying its creditors in Bitcoin Cash and other assets.
This repayment plan involves introducing 143,000 BCH to the market, explaining why BCH plummeted as low as $215.09 on November 22. Luckily, BCH enthusiasts doubled down on their investments after getting an opportunity to buy the dip. Consequently, BCH started climbing.
By November 28, BCH had stabilized at around $222.60. Still, this price means BCH has lost 4.02% in a week. According to experts, Mt. Gox’s repayment plan will continue discouraging more investors. To this end, experts expect Bitcoin Cash to trade between $193.93 and $235.19 in December. This forecast adds BCH to the list of altcoins to watch.
Stellar fails to take off from the $0.1180 level? What’s next?
Stellar has performed poorly over the past seven days. On November 21, XLM was hovering around $0.1182. After days of trading sideways, XLM started pumping on November 26 after Coinbase International Exchange announced plans to perpetual future contracts for XLM and other cryptos. As a result, XLM jumped as high as $0.1227 on the same day.
However, Stellar failed to hold these gains and started correcting downward. By November 28, XLM had stabilized around $0.1180. This price means XLM has shed 0.17% of its value in a week. This subpar performance explains why investors don’t consider Stellar a top crypto to buy for massive gains in the remainder of 2023.
Yet, experts believe XLM will reverse course and surge to $0.1330 by year’s end. Experts peg this prediction on XLM seeing more adoption after Coinbase International Exchange rolls out XLM Future Contracts on December 30.
Rebel Satoshi leaves investors buzzing about its promise after entering Rebels round 1!
Rebel Satoshi, an emerging meme coin that aims to challenge centralization in the crypto market, has left investors with wagging tongues after the Early Bird Round of its presale sold out in three weeks. By hitting this milestone,Rebel Satoshihas become the fastest-growing meme coin.
This upcoming project has achieved this feat due to its governance and membership token, dubbed $RBLZ. $RBLZ is an ERC-20 token with a supply cap of 250 million coins and a deflationary mechanism. Investors regard $RBLZ as the best cryptocurrency to buy today because it offers complete access to the Rebel Satoshi ecosystem, which comprises an NFT marketplace and a P2E game, among other stunning features.
As of November, Rebel Satoshi had commenced with Rebels Round 1 of its ongoing public presale, with $RBLZ’s price set at $0.013. Notably, this price means $RBLZ has surged 30% from the Early Bird Round price of $0.010. The next $RBLZ price is $0.018. Once $RBLZ attains this price, it will have generated a 38.46% ROI for investors in Rebels Round 1.
So, what are you waiting for? Join the Rebel Satoshi uprising by purchasing $RBLZ with Bitcoin (BTC) and 50 other supported cryptos.
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