TLDR
- XRP tumbles 10% in a week, but experts believe a resurgence is in order.
- Avalanche plunges 13% in a week, and analysts expect the downtrend to continue.
- Rebel Satoshi gains 100% during its presale, with more gains coming soon.
The crypto market started 2024 with bears on the front foot. As a result, top altcoins like XRP (XRP) and Avalanche (AVAX) have recorded double-digit losses, prompting investors to search for alternative investments. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, has become a sensation after raising $2 million during its public presale.
Will Rebel Satoshi continue outperforming XRP and Avalanche? Continue reading to find out!
XRP Plunges 10% in a Week: Will Bears Remain Dominant?
XRP has delivered a subpar performance over the past seven days. On January 2, XRP was changing hands at around $0.6359. After holding this level through the day, XRP took a sharp dive on January 3 after Matrixort said the SEC would reject all spot Bitcoin ETFs in January.
Bitcoin has a reputation for setting the pace for the altcoin market, and this time was no different. As a result, XRP crashed on January 3 and traded as low as $0.5518 before rebounding partially. By January 9, XRP had stabilized at around $0.5682. This price means XRP has lost 10.65% of its value in a week.
Despite this lackluster performance, experts believe XRP will gain traction and climb to $0.6554 by the end of January. This forecast makes XRP a good crypto to buy. Experts base this prediction on the January 8 news of XRPScan disclosing that the XRP Ledger had surpassed 5 million active accounts.
Avalanche Dumps 13% in a Week: When Are Bulls Coming?
Avalanche has performed dismally over the past seven days. On January 2, AVAX was hovering around $42.28. Following the January 3 market crash, AVAX plummeted to $3.70. However, the January 5 news of Grayscale adding Avalanche to its GSCPxE Fund saw AVAX climb to $39.27 on the same day.
Unfortunately, the excitement about this news dissipated quickly. As a result, AVAX began correcting downward. By January 9, AVAX had leveled off at around $36.47. This price means AVAX has shed 13.74% of its value in a week. This poor performance explains why investors are excluding AVAX from the list of top crypto coins to invest in.
Moreover, experts believe AVAX will continue bleeding to close the month at $32.97. Experts peg this prediction on Avalanche investors taking profits from the December rally that saw AVAX climb from around $21.00 to over $40.00.
Rebel Satoshi Prepares To Take On Top Cryptos After Surging 100%!
Rebel Satoshi, an upcoming meme coin that seeks to challenge centralization in the crypto-verse, has left investors buzzing about its potential after raising $2 million during its public presale. Notably, Rebel Satoshi has secured these funds in less than two months, making it the fastest-selling ICO.
$RBLZ, Rebel Satoshi’s governance and membership token, has played an integral role in securing this funding. Specifically, $RBLZ has proven to be the best cryptocurrency to buy because it offers complete access to the Rebel Satoshi ecosystem. This ecosystem features an NFT marketplace, a P2E game, and a staking program.
By January, Rebel Satoshi was going on with Citizens Round 3 of its presale. Investors can use BTC and 50 other cryptos to purchase $RBLZ at $0.025 during this round. Thus far, $RBLZ has gained 100% from the Early Bird Round price of $0.010. This yield is set to increase to 150% as $RBLZ reaches its listing price of $0.025.
Investors that join the Rebel Satoshi presale during Citizens Round 3 will see their $RBLZ investments gain 25% when $RBLZ climbs to $0.025 in February. This projected price makes now the best time to purchase $RBLZ.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
