TLDR
- Uniswap has plunged 21% thus far in 2024, but bulls are coming soon.
- Bonk has shed 26% since the start of the year, but a resurgence is due soon.
- Rebel Satoshi continues gaining favor among investors after jumping 120% thus far.
The crypto market has bled significantly since the start of the year. As a result, investors have started abandoning top altcoins like Uniswap (UNI) and Bonk (BONK) in search of better investment options. Meanwhile, Rebel Satoshi ($RBLZ), an emerging meme coin, has become the center of investor attention after raising over $1.5 million during its presale.
Why are investors leaving Uniswap and Bonk in the rearview mirror to embrace Rebel Satoshi? Let’s find out!
Uniswap Has Dumped 21% So Far in 2024: More Losses Coming?
Uniswap has put up an abysmal performance since the start of the year. On January 1, UNI was changing hands at around $7.23. However, UNI took a tumble on January 3 as fears of the SEC rejecting spot Bitcoin ETFs mounted following a Matrixport report. This bearish force saw UNI trade as low as $5.72 on January 9.
Fortunately, the SEC approved 11 spot Bitcoin ETFs on January 10. As the crypto market celebrated this milestone, UNI jumped as high as 6.96 on January 11. Nonetheless, UNI lost steam and began correcting downward. By January 23, UNI had stabilized at around $5.68. This price means Uniswap has plunged 21.44% thus far in 2024.
Despite this poor performance, experts believe UNI will reverse course and rise to $15.62 by the end of 2025. This forecast makes UNI a top crypto to invest in! Investors peg this prediction on Uniswap gaining more adoption as a leading decentralized exchange.
BONK Has Dropped 26% Thus Far in 2024: What Coming Next?
BONK has performed deplorably since the start of 2024. On January 1, BONK was hovering around $0.000013350. Like UNI, BONK plunged sharply on January 3 due to fears of the SEC turning down all spot Bitcoin ETF applications. After trading as $0.000009428 on January 8, BONK rebounded as the market anticipated the approval of spot Bitcoin ETFs.
This renewed continued after the SEC greenlighted the spot Bitcoin ETF applications. As a result, BONK soared as high as $0.000017390 on January 11. However, BONK turned bearish soon afterward as the excitement about the ETF approval dwindled. By January 23, BONK had stabilized at around $0.000009858, denoting a 26.16% fall thus far in 2024.
So, is BONK a good crypto to buy now? According to experts, BONK will experience a resurgence and climb to $0.000028000 by the end of 2025. Experts peg this prediction on BONK surging as its burning mechanism continues shrinking its supply of 100 trillion tokens.
Rebel Satoshi Reels in More Investors After Surging 120% and Promising More Gains!
Rebel Satoshi, an emerging meme coin that aims to fight centralization in the crypto-verse, has performed impeccably during its public presale. Specifically, Rebel Satoshi has raised over $1.5 million after the first four stages of its public presale sold out in less than three months. This development has made Rebel Satoshi the fastest-growing meme coin.
Among the factors contributing to Rebel Satoshi’s swift growth is its native $RBLZ token. Investors are buying $RBLZ because it has a reasonable supply of 250 million tokens, unlike popular meme coins. Moreover, $RBLZ is the ticket to accessing all features on the Rebel Satoshi ecosystem.
By January, Rebel Satoshi had commenced Monarchs Round 4 of its ongoing presale. Investors can use Bitcoin and 50 other cryptos to buy $RBLZ at $0.022 during this round. Thus far, $RBLZ has pumped 120% from the Early Bird Round price of $0.010.
Meanwhile, Monarchs Round investors will get a 13.64% ROI when $RBLZ attains its listing price of $0.025. Moreover, experts predict that $RBLZ will jump significantly after getting listed on top DEXs in February. This forecast explains why investors deem $RBLZ the best cryptocurrency to buy!
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://bitcoinworld.co.in/investor-trends-rotating-to-rebel-satoshi-from-uniswap-and-bonk-earnings/