- Ethereum (ETH) has gained enough traction to cross $3,900 by the end of 2024.
- A new meme coin challenges the dominance of top altcoins after an exceptional presale performance.
- Expert predictions hint at a stunning 74% price surge for THORChain (RUNE) in 2024.
Ethereum (ETH) saw a slight uptick after Vitalik Buterin moved 500 ETH to Coinbase. Meanwhile, an emerging crypto coin has attracted the attention of investors after raising $950,000 in its presale. On the other hand, THORChain (RUNE) has forged a new partnership to enable BTC and ETH lending.
Read on as we dive deep into the latest developments around ETH and RUNE and explore why the new meme coin is the best crypto to invest in!
Ethereum Co-founder Moves 500 ETH to Coinbase
On December 19, 2023, the cryptocurrency community was abuzz with discussions surrounding a significant event involving Vitalik Buterin, the co-founder of Ethereum.
Etherscan data revealed a massive transfer of 500 ETH by Buterin to Coinbase, triggering speculations about a potential sale of ETH holdings. The nature of such transfers often leaves room for uncertainty – when funds are moved to an unknown address, it’s unclear if a sale occurred.
However, the transfer to a prominent exchange like Coinbase increases the likelihood of a sale, though it remains inconclusive. Some speculate that Buterin might be leveraging a centralized exchange to earn annual percentage yields on his ETH, with the flexibility to withdraw at his intention.
Following this revelation, the price of Ethereum’s native token, ETH, experienced a noteworthy surge. The market responded positively to the news, leading to an increase in ETH’s price from $2,139.72 on December 19 to $2,280.91 on December 27. So, is ETH the best crypto to buy now?
Ethereum’s future appears promising, according to expert predictions. It is anticipated that ETH will surpass the $3,900 mark, reaching $3,933.35 in 2024. This optimistic outlook is attributed to the anticipation of an upcoming bull run and the potential approval of an Ethereum Exchange-Traded Fund (ETF).
Conversely, bearish forecasts caution that ETH’s price might remain below $3,277.56 in 2024 if the market sentiment turns bearish.
Rebel Satoshi Can Surpass Top Altcoins With 150% Profit Potential
Top altcoins have dominated the market for quite some time now. However, a new contender is here to challenge the dominance of top crypto coins with a rebellious approach, and it’s called Rebel Satoshi (RBLZ).
While $RBLZ, the native token of Rebel Satoshi, does offer remarkable growth prospects, it goes beyond financial gains, calls for a rebellion against the status quo, and aims to promote decentralization. Furthermore, Rebel Satoshi focuses on building a strong community of rebels to achieve its audacious goals, including $100 million in market capitalization.
Rebel Satoshi has garnered immense appraisal for its ongoing presale after raising a staggering $950,000 in funding by selling over 79% of its presale supply. This unprecedented presale performance has put $RBLZ among altcoins to watch for exponential growth in 2024.
After selling its Early Bird Round in just three weeks at $0.010 per $RBLZ, Rebel Satoshi soared by 100% to reach $0.02 per $RBLZ in the ongoing Citizens Round 3. It implies that investors can buy $RBLZ tokens at $0.02 using Bitcoin and 50 other cryptocurrencies.
Moreover, market analysts predict $RBLZ will reach $0.025 during its official listing, bringing a stunning 150% ROI for early investors!
THORChain Joins Hands With Shapeshift to Enable BTC and ETH Lending
On December 18, 2023, Shapeshift, a prominent crypto-swapping platform, made a groundbreaking announcement on X regarding THORChain. Shapeshift revealed that it has expanded its services to include THORChain lending against both Ethereum and Bitcoin.
The platform outlined a unique lending process wherein, upon opening a new loan, the collateral provided undergoes a swap to RUNE. The innovative approach ensures that the difference between the loan value and the collateral value is burned, eliminating the need for liquidations or interest.
The price of THORChain’s native token, RUNE, experienced a notable increase following the announcement by Shapeshift. The market positively responded to the news, witnessing a rise of 9.7% in RUNE’s price from $5.1406 on December 18 to $5.6434 on December 27.
Looking ahead to 2024, experts predict a promising future for THORChain. The RUNE price is anticipated to surge by 74%, reaching $9.78 in 2024. This optimistic outlook is attributed to THORChain’s increasing adoption and the widespread anticipation of an upcoming bull run.
However, cautious forecasts suggest that the RUNE price may stay below $8.40 in 2024 if the market sentiments turn bearish.For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram