TLDR
- Avalanche’s integration with Cosmos fails to spur a positive price prediction for ATOM, as analysts expect the coin to drop to $6.50 by mid-December.
- Manta blockchain moves from Polygon to Optimism; MATIC is expected to drop to 0.64 by the end of November.
- Rebel Satoshi’s presale promises huge returns for investors.
As investors seek the best crypto to buy in 2023, different news updates are informing their investment decisions. Recently, Avalanche got integrated with the Cosmos (ATOM) network, while Manta moved from the Polygon (MATIC) network to Optimism. Meanwhile, Rebel Satoshi has emerged to challenge the financial status quo, offering 100x growth potential. Let’s delve into the latest from the experts.
Avalanche Enters Cosmos’ Network Through IBC Integration
In a significant stride toward blockchain interoperability, Avalanche connected with the Cosmos network via the Inter-Blockchain Communication (IBC) protocol. The integration, led by Landslide, led to the launch of an incentivized test net on November 6.
Cosmos, one of the best DeFi projects, is expanding the scope of its IBC standard beyond Cosmos SDK chains, strengthening its industry influence. Yet, since November 6, Cosmos’ ATOM has declined by 0.80%, falling from $8.75 to $8.68 on November 9.
Technical analysis of ATOM shows a prevailing bullish sentiment, supported by downward trends in both the 7-day and 20-day Exponential Moving Averages. Based on this indication, ATOM experts believe the DeFi coin price could decline to $6.50 by mid-December.
However, ATOM analysts foresee a potential uptrend as the MACD indicator hints at a potential trend reversal. If ATOM’s price surpasses the $8.70 mark, it could pave the way for a move toward the $9.50 resistance level by December.
https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=Bird
Manta Blockchain Dumps Polygon (MATIC) For Optimism
On November 1, the Polygon news channels reported Manta’s move to make a switch, favoring Optimism over its competitor, Polygon. Manta, a newly unveiled blockchain specializing in zero-knowledge (ZK) apps, decided to transition from the Polygon Stack to Optimism in October.
Developers have pointed to Optimism’s Chain Development Kit as a pivotal factor, attributing its ability to process deposits and withdrawals more expeditiously. Following the announcement of this news, Polygon’s MATIC surged from $0.67 on November 1 to $0.79 on November 8, marking a 17.91% rise in MATIC’s price.
Regarding the MATIC price prediction from Polygon experts, their analysis suggests MATIC may retest the $0.64 support level by the end of November. This price prediction may be connected to Manta’s decision to leave the Polygon ecosystem.
On the other hand, other analysts contend that the Polygon ecosystem has witnessed a lot of success with integrations and partnerships in 2023. As such, they believe MATIC will continue its surge, reaching the $1.00 mark by the end of 2023.
Rebel Satoshi: The Blockchain ICO Set to Empower the Majority
Rebel Satoshi transcends the ordinary in the crypto landscape, emerging as a symbol of revolution, unity, and empowerment. Inspired by historical figures like Guy Fawkes and Satoshi Nakamoto, the project challenges the established financial order, exposing disparities and advocating for a decentralized, inclusive approach to wealth.
Rebel Satoshi is a movement that beckons individuals to embark on an unconventional journey. This journey, marked by playfulness, interactive quests, and meme culture, defies norms and infuses the path to change with laughter and unity. Rebel Satoshi brings an element of accessibility and fun, exemplifying the fact that the crypto space can be as entertaining and empowering as it is financially impactful.
At the heart of this movement lies the $RBLZ token, an Ethereum-based (ERC20) entity that symbolizes empowerment for the underserved. More than a mere cryptocurrency, $RBLZ provides exclusive access to quests, staking rewards, and membership.
What’s more, the platform is set to launch two NFT collections showcasing 9,999 distinctive characters from the Rebel Satoshi ecosystem, including Citizens, Warriors, Rebels, Monarchs, and Recusants. This offers you the opportunity to explore an array of exclusive digital art and collectibles—a true treasure trove awaits!
Currently, in the Early Bird Round of its presale, Rebel Satoshi offers its $RBLZ tokens at $0.01 each. With increasing demand from investors, experts anticipate a surge to $0.013 in the forthcoming Rebel Round, making $RBLZ one of the best altcoins to watch.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
Please note that the Discord and Telegram communities are for Recusants and $RBLZ holders only.
The post Dismiss ATOM and MATIC! Witness the Emergence of a New Cryptocurrency with 100x Growth Ambitions! appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/dismiss-atom-and-matic-witness-the-emergence-of-a-new-cryptocurrency-with-100x-growth-ambitions/