As Investor Attention Shifts from Declining Bitcoin Cash (BCH) and Terra Classic (LUNC), Excitement Builds Around This Emerging Public Presale

TLDR

  • Bitcoin Cash is down 17% on the charts despite the ETF hype over Bitcoin
  • An unofficial coalition gets created to boost Terra Classic
  • A $100 million market cap is on the cards for the new Rebel Satoshi

The momentum of top altcoins Bitcoin Cash (BCH) and Terra Classic (LUNC) has stalled. Meanwhile, excitement continues to increase for the public presale of an emerging meme coin. This unique project fuses rebel-based meme culture with a noble desire to defy the current financial system. 

Let’s first look at the latest progress for Bitcoin Cash and Terra Classic. Or, you can head to the last section to learn more about it.

Bitcoin Cash Is 15% Lower Despite Bitcoin ETF Hype

As is often the case, things have been quiet for Bitcoin Cash as investors gravitate towards Bitcoin. Both these top DeFi projects share a positive correlation in price and sentiment. The hype continues for Bitcoin over an imminent exchange-traded fund, with January 2024 as the maximum period one could be approved.

Experts expect inflows of up to $100 billion. Interestingly, 10% of this amount was enough for Bitcoin to hit an all-time high of $69,000 in 2021. But Bloomberg ETF analyst James Seyffart has cautioned against the hype, suggesting that history isn’t guaranteed to repeat itself.

Bitcoin Cash has yet to reach its October 2023 high of $269, currently worth $229 (15% lower). Still, assuming bullish conditions with Bitcoin, BCH can only follow suit. Based on realistic forecasts, it could reach at least $250 by the start of 2024 and $350 by 2025.

Terra Classic Coalition Gets Formed

The revival efforts for the once-mighty Terra (now Terra Classic) have remained strong. Token ‘burning‘ is one of the strategies the dedicated community has used to maintain and increase LUNC’s value. Over 85 billion tokens have been removed from circulation since May 2022.

The Terra Classic Coalition came to be on December 8, 2023. While an unofficial group, it consists of known Terra Classic members who plan to advance the blockchain. Although voluntary, the coalition may rely on a ‘pay per job’ payment model to compensate contributors.

While LUNC has dropped 36% from $0.00028000 to $0.00018000, it remains among the alt coins to watch, given the revival interest.  Moreover, estimates hint at minimum values of $0.0002500 and $0.000800 for 2024 and 2025, respectively.

Finally, let’s learn more about Rebel Satoshi ($RBLZ) and its ongoing presale.

RebelSatoshi Sets Its Sights To Reach $100 Million In Market Cap

Rebel Satoshi is a community-driven meme token that embodies defiance in the current financial system. It desires to fight against banks, brokers, exchanges, hedge funds, and other elitist organizations, pushing for decentralization like Satoshi Nakamoto.

Rebel Satoshi believes a meme coin is the most accessible way to achieve this future while celebrating rebellion. Aside from virtual gatherings and interactive quests, the Rebel Meme Hall of Fame will be a space for such celebrations.

The earliest, most invested adopters of Rebel Satoshi can demonstrate their best rebel-inspired memes to receive popularity from the community. They can also gain exclusive perks like insider project updates and governance power. These benefits come with owning the project’s utility token, $RBLZ, providing members with staking rewards and 9,999 exclusive rebel-themed NFTs.

The ultimate goal of Rebel Satoshi is to be worth $100 million in market cap. Joining the presale to own $RBLZ is the first step. Buyers can buy the token using BTC and 50 other top crypto coins. It’s trading for $0.018 in the second round, dubbed Warriors Round 2.

The anticipated new price is $0.025 when RebelSatoshi goes live, meaning buyers can expect a 38% gain.

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/as-investor-attention-shifts-from-declining-bitcoin-cash-bch-and-terra-classic-lunc-excitement-builds-around-this-emerging-public-presale/