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TLDR
- Avalanche (AVAX) is expected to trade sideways and even drop below $33.
- Polkadot (DOT) price is predicted by experts to drop below $7.25.
- Rebel Satoshi ($RBLZ) token to be listed on DEXs in February with a 150% presale surge.
As the market trades sideways, two of the best altcoins, Avalanche (AVAX) and Polkadot (DOT) have shown uncertainty. However, Rebel Satoshi ($RBLZ) has emerged as one of the best cryptos to buy during its ongoing presale. Let’s understand why experts consider $RBLZ as the market favorite ahead of top altcoins like AVAX and DOT.
Avalanche Trades Sideways as It Releases Snowman Consensus Protocol
On January 11, the SEC in the USA approved the Bitcoin Spot ETFs, which turned that market bullish. As a result, the Avalanche (AVAX) price also witnessed a bounce. The Avalanche (AVAX) price rose to a high of $41.53 on January 11 before dropping again. By January 15, the Avalanche (AVAX) price had dropped by nearly 19% to $35.73.
Amid the uncertain AVAX price, the Avalanche ecosystem continued its growth. On January 12, the Avalanche network released a report on its innovative Snowman Consensus Protocol. The House of Chimera released a list of all the Financial Institutions utilizing or testing Avalanche as a DLT on January 14.
Experts, however, predict the Avalanche (AVAX) price is going to continue trading sideways, and AVAX might even drop. They predict the Avalanche (AVAX) token will fall below $33 in the coming weeks.
Polkadot Loses Gains Made Post ETF Led Surge to Enter Consolidation
The Polkadot (DOT) token rose to a high of $8.54 on January 11 after the approval of the BTC Spot ETF. This rally in the Polkadot (DOT) price was short, and it has since lost the gains. By January 15, the Polkadot (DOT) price was down 11.5% to trade at $7.55. Amid the drop in the DOT price, the Polkadot ecosystem announced several developments.
For example, the Polkadot Update: Q4 2023 was released on January 12. On the same day, Agile Coretime allocations were activated on the Polkadot’s Rococo testnet. Polkadot’s parachain BitCountry announced the launch of its InnoVoy Event on January 15.
These developments in Polkadot have failed to push the DOT price higher. As a result, experts are bearish on the DOT price going forward. They predict the DOT price will drop below $7.25 in the coming weeks.
Rebel Satoshi Emerges as Investors Savior as Market Remains Uncertain
The Rebel Satoshi meme coin project is built on the ideals of greats such as Satoshi Nakamoto and Guy Fawkes. Rebel Satoshi aims to challenge market centralization and bring a revolution. The Rebel Satoshi rebellion is a peaceful one brought about by its Recusant community members.
The $RBLZ token built on the Ethereum network and adhering to the ERC-20 standard is the key to Rebel Satoshi. Rebel Satoshi aims to take $RBLZ to a market cap of $100 million. Moreover, Rebel Satoshi has allocated half of the total 250 million $RBLZ supply to the public.
The presale of the $RBLZ token is currently in the Monarchs Round 4 at $0.022 per token with a 120% surge. By the conclusion of the presale, the $RBLZ token will surge 150% to $0.025 before listing on exchanges in February. Rebel Satoshi will release the $RBLZ vesting schedules and claim process in the coming weeks.
As a result, experts consider the $RBLZ token as the best crypto to invest in now. 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://finbold.com/amid-avalanche-and-polkadot-uncertainty-a-new-digital-asset-emerges-as-a-market-favorite/