The Shift of Cardano and Litecoin Enthusiasts Towards a New Market Contender

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TLDR

  • Cardano jumps 10% in a week but is set to correct downward by November’s end.
  • Litecoin gains 3% in a week and is set to continue trading sideways until year’s end.
  • Rebel Satoshi continues attracting investors looking to reap its projected 150% presale ROI.

The crypto market has witnessed a new wave of bearish sentiment after bulls threw the towel in. As a result, top altcoins like Cardano (ADA) and Litecoin (LTC) have seen an outflow of investors, leaving them hanging on to bulls by a thread. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, has seen massive investor interest after selling 10 million tokens during the first 48 hours of its public presale.

Why are investors abandoning Cardano and Litecoin to embrace Rebel Satoshi? Continue reading to find out!

Cardano Jumps 10% In a Week: Will Bulls Hold?

Cardano has performed well over the past seven days, starting November 18. On November 18, ADA was trading around $0.3547. However, ADA got traction on November 20 after announcing plans to dedicate 11.429 million ADA to vote on the approval of making on-chain governance fully decentralized.

As a result of this bullish news, ADA surged as high as $0.3987 on November 20. Nonetheless, ADA slightly corrected downward. By November 25, Cardano had stabilized around $0.3918. This price means ADA has surged $10.46% in a week. Based on this performance, is ADA a good crypto to buy now?

Analysts expect Cardano to continue trending downward to close November at $0.3447. This retracement explains why investors are shifting from Cardano. Still, experts believe ADA will reverse course and pump to $0.4270 by year’s end. Experts peg this prediction on ADA getting more adoption in December in anticipation of Christmas gains. 

Litecoin Jumps 3% In a Week: More Gains Coming?

Litecoin has performed decently over the past seven days. On November 18, LTC was trading around $68.65. After days of sideways trading, LTC caught a bullish momentum on November 21 after news of LTC recording over 1 million daily transactions surfaced. This news introduced a bullish sentiment in Litecoin.

As a result, LTC traded as high as $71.53 on November 21. However, as the buzz around this news started fading, Litecoin corrected downward slightly. By November 25, LTC had stabilized around $71.36. This price means LTC has gained 3.94% in a week. 

These marginal gains explain why Litecoin investors are embracing other top crypto coins that promise considerable gains. Per analysts, LTC will continue bleeding to close the month at $70.48. Moreover, experts believe Litecoin will shed more value to close the year at $70.00. Experts peg this prediction on more investors leaving LTC due to sideways trading.

Rebel Satoshi’s Projected 3x Presale ROI Attracts Investor Interest!

Rebel Satoshi, an upcoming meme coin that aims to enhance decentralization in the crypto space, has seen investors pouring into its public presale after selling 10 million tokens in a span of 48 hours. The project has achieved this feat by depending on its membership and governance token, dubbed $RBLZ

$RBLZ is an ERC-20 crypto with a supply cap of 250 million tokens. Additionally, $RBLZ features a deflationary mechanism that burns tokens in circulation to ensure $RBLZ’s value keeps rising. By serving as the governance and membership token of the Rebel Satoshi ecosystem, $RBLZ offers investors access to an NFT marketplace, a staking program, and a P2E game. 

Rebel Satoshi is in the Rebels Round 1 of its presale, with the $RBLZ token available for purchase at $0.013. The next $RBLZ price is $0.018. By climbing to $0.018, $RBLZ will have pumped 38.4%.

What’s more, $RBLZ’s projected listing price is $0.025. By attaining this price level, $RBLZ will have generated a staggering 150% ROI for investors in the Early Bird Round and 92.3% ROI for investors in Rebels Round 1, making now the best time to buy what promises to be the best cryptocurrency for 2023 and beyond!

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

Source: https://www.analyticsinsight.net/the-shift-of-cardano-and-litecoin-enthusiasts-towards-a-new-market-contender/