TLDR
- BNB plunges 6% in a week, but experts believe an upside is coming soon.
- Stellar dumps 4% in a week, but analysts foresee bulls resuming by month’s end.
- Rebel Satoshi promises investors more presale gains after jumping 120% so far.
The crypto market has bled significantly since the approval of spot Bitcoin ETFs two weeks ago. As a result, top crypto coins like BNB (BNB) and Stellar (XLM) have recorded notable losses, forcing investors to seek alternative investment options. Meanwhile, Rebel Satoshi ($RBLZ), an emerging meme coin, has witnessed an influx of investors after raising over $1.5 million during its presale.
Why are BNB and Stellar whales migrating to Rebel Satoshi? Continue reading to discover!
BNB Sheds 6% in a Week: When Will Bulls Resurface?
BNB has performed dismally over the past seven days. On January 18, BNB was changing hands at around $314.62. After maintaining this level for days, BNB gained traction on January 22 after a report unveiled that BNB Chain witnessed an 85% decline in losses caused by security incidents in 2023.
This report triggered a bullish sentiment that saw BNB climb as high as $321.10 on January 22. However, the excitement about this report faded quickly. Consequently, BNB plunged sharply. By January 25, BNB had stabilized at around $293.51. This price means BNB has plunged 6.71% in a week.
So, is BNB a top crypto to invest in today? Per analysts, BNB will experience a resurgence and rise to $349.64 by the end of January. Analysts peg this prediction on BNB gaining more adoption after GT Protocol launched on BNB Chain on January 25, bringing the Web3 AI Layer to the BNB ecosystem.
Stellar Plunges 4% in a Week: What’s Coming Next?
Stellar has performed poorly over the past seven days. On January 18, XLM was hovering around $0.1170. After days of experiencing wild price swings, XML tumbled on January 23 due to a bearish sentiment in the crypto market. Specifically, XLM traded as low as $0.1072 on January 23.
However, the January 23 news of SDF’s Lesley Chavkin joining the Stablecoin Standard Advisory Board saw XLM recover partially. By January 25, XLM had stabilized at around $0.1122. This price means XLM has lost 4.10% in a week, explaining why Stellar whales have started searching for greener pastures.
Despite this lackluster performance, experts believe XLM will gain traction and climb to $0.1146 by the end of January. This forecast makes Stellar a good crypto to buy. Experts base this forecast on XLM gaining more adoption ahead of the January 30 vote to switch from Protocol 19 to Protocol 20.
Rebel Satoshi Overshdows Top Altcoins After Surging 120% Thus Far!
Rebel Satoshi, an emerging meme coin that seeks to push the crypto industry to a new era of decentralization, has gained investor confidence after raising over $1.5 million during its public presale. Notably, Rebel Satoshi has attained this feat after completing the first four rounds of its presale in less than three months.
The driving force behind Rebel Satoshi’s rapid growth is its native $RBLZ token. Investors are buying $RBLZ because of its robust tokenomics structure. Specifically, $RBLZ boasts a supply cap of 250 million tokens and a deflationary mechanism. Moreover, $RBLZ is the ticket to access all Rebel Satoshi features.
As of January, Rebel Satoshi had initiated Monarchs Round 4 of its presale, and $RBLZ’s price was $0.022. To this point, $RBLZ has generated a 120% ROI for Early Bird Round investors. Meanwhile, Rebels Round 1, Warriors Round 2, and Citizens Round 3 investors have seen their $RBLZ holdings gain 69.23%, 22.22%, and 10%, respectively.
On the other hand, Monarchs Round 4 investors will enjoy a 13.64% ROI when $RBLZ attains its listing price of $0.025. Furthermore, $RBLZ is set to jump further when it gets listed on leading DEXs in February. This projected growth makes $RBLZ 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://www.cryptopolitan.com/whale-investors-show-increased-interest-in-rebel-satoshi-during-bnb-and-stellars-price-instability/