- Market analysts bullish on Shiba Inu in 2024.
- Rebel Satoshi presale in progress
- Crypto analysts forecast Zcash to break above $50 by the end of 2024
Market analysts have been closely analyzing the crypto landscape, sometimes digging out opportunities. Presently, their attention is on Rebel Satoshi (RBLZ), Shiba Inu (SHIB), and Zcash (ZEC).
RBLZ on focus
As financial analysts evaluate the merits of Rebel Satoshi against its competitors like Shiba Inu and Zcash, the project’s features could explain the rising interest.
Rebel Satoshi embodies a movement, a call to challenge the status quo and even reshape the crypto landscape.
RBLZ, the ERC-20 token on Ethereum, symbolizes defiance, unity, and commitment to decentralization. It is designed to offer more than just a means of exchange on the Rebel Satoshi platform.
Holders receive benefits, including staking rewards and access to non-fungible tokens (NFTs).
Currently, in the Early Bid Round of its public presale, RBLZ is available for $0.010 but will rise by 29% to $0.013 in the next round.
By the end of the presale, RBLZ will be trading for $0.025.
Pacquiao Foundation adopts Shibarium, SHIB rises
On Nov. 15, 2023, Shiba Inu partnered with boxing star and politician Manny Pacquiao.
This collaboration extends to the Pacquiao Foundation, which will utilize the Shibarium layer-2 platform to enhance various operations, including fundraising and distribution.
By incorporating Shibarium, the non-profit organization aims to improve its efficiency, enabling it to scale up humanitarian efforts and assist more individuals.
Following this deal, SHIB prices rose. On Nov. 15, Shiba Inu was trading at $0.000008343. However, following the news, it jumped by 9.53% to $0.000009138 by Nov. 16.
ZEC surges as Zcash Foundation releases Zebra v1.3.0
On Oct. 23, 2023, the Zcash Foundation unveiled Zebra version 1.3.0, an upgrade to its privacy-focused protocol.
The team introduced robust support for the “Spend before Sync” algorithm for lightwalletd in this release. This enhancement aims to improve the functionality of Zebra-backed lightwalletd servers.
Moreover, the update enables a light wallet server to use updated RPC methods specifically designed for the “Spend before Sync” light wallet feature.
In this way, light wallets can initiate transactions even before synchronizing the entire blockchain, resulting in faster transaction speed and improved user experience.
Additionally, Zebra version 1.3.0 introduces a user-friendly feature that enables progress bars in the configuration file. With this enhancement, users can visualize Zebra’s blocks, transactions, and peer connections directly in their terminal.
The impact of this announcement on the price of Zcash was substantial.
On Oct. 23, ZEC had soared to $25.91. Following the release of Zebra version 1.3.0, ZEC prices soared to 18.02%, reaching $30.57 by Nov. 16.
Crypto experts generally hold an optimistic view of ZEC’s future performance.
Bullish predictions suggest Zcash could soar above $50, reaching $54.92 by 2024.
This positive outlook is fueled by speculations surrounding an upcoming bull run and Zcash’s dedication to improve.
However, more bearish forecasts propose a potential stabilization of ZEC around $45.89 in 2024.
Visit the official Rebel Satoshi presale website or contact Rebel Red via Telegram for more details.
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Source: https://crypto.news/analysts-focus-on-rebel-satoshi-shiba-inu-and-zcash-ahead-of-crypto-bull-run/