The post Spotting the Next Big Crypto Investment as Solana and XRP Momentum Slows appeared first on Coinpedia Fintech News
TLDR
- Solana (SOL) has lost a bit of bullishness in November.
- Its investor sentiment had been high following a partnership with Visa on stablecoin payments.
- Rebel Satoshi ($RBLZ) could become one of the most popular investments after offering a 150% increase.
Solana started the month of November with a strong bullish rise. Yet, SOL’s momentum has slowed considerably in the past few days. Elsewhere, controversy around the Binance CEO’s exit has reduced trading activity for XRP. Now, analysts say Rebel Satoshi ($RBLZ) can help investors recoup their losses. Rebel Satoshi is a revolutionary meme coin project that offers high rewards in a fully decentralized community. Its token offers a 150% increase.
Yet, does $RBLZ have what it takes to become a top ICO? Let’s discuss.
Solana’s Momentum Slows Amid Excitement ARound Partnership With Visa
Despite the bullish momentum in November, Solana’s (SOL) growth has slowed in the past two weeks. Solana’s (SOL) slow momentum comes amid high excitement around its recent partnership with Visa. Partnering with Visa would require Solana’s (SOL) collaboration in establishing cross-border stablecoin payments.
A bullish SOL was trading at $39.52 on November 3. By November 15, SOL had jumped by 65.8% to $65.53. Analysts expected Solana’s rally to continue. Yet, SOL dropped by 15.9% to $55.06 on November 27.
The current bullish sentiments follow anticipation of spot crypto ETF approvals. Traders invested in several top altcoins, including Solana (SOL), believing that legalized spot ETFs would bring greater institutional adoption. Solana’s trading activity has also risen since the start of November. Analysts expect this trend to continue till early 2024. This could push SOL up by 31.3% to $72.34.
XRP Investor Sentiment Suffers Huge Blow From Binance Woes
Despite being the most traded altcoin in 2023, XRP has suffered a sharp decline in trading activity following Binance’s trouble with federal authorities. On November 28, 2023, Binance confirmed that its founder, Changpeng Zhao, had resigned after pleading guilty to violating anti-money laundering laws. The controversies around the news had reduced trading activity for many tokens on Binance, including XRP.
XRP cost $0.556 as of October 29. By November 6, XRP had jumped by 28.5% to $0.715 due to rising bullishness in the market. Yet, XRP had fallen by 15.5% to $0.604 on November 27, a day before CZ resigned from Binance.
Despite XRP’s ongoing lawsuit with the Securities and Exchange Commission (SEC), its trading activity has soared in 2023. Data from CoinMarketCap has shown that XRP’s trading activity in the US has risen beyond $30 billion. Analysts say XRP’s momentum will keep rising, thus pushing it up by 22.6% to $0.741.
Rebel Satoshi Sets Market Capitalization Target of $100 Million.
Rebel Satoshi ($RBLZ) is a map of the future of meme coins. The project aims to change the narrative around meme coins. Rebel Satoshi hopes to bring high-value utilities to the meme coin ecosystem while offering high financial rewards to community members. The project draws inspiration from the legendary founder of Bitcoin, Satoshi Nakamoto. It aims to bring back decentralization as one of the key aims of the crypto industry.
Rebel Satoshi ($RBLZ) will stay true to its meme coin roots, incorporating humour, laughter, and fame for community members. It will also offer high-value services like an NFT collection, an NFT marketplace, and coin staking. The network will allow community members to participate in its security and liquidity boosting via the staking of $RBLZ tokens.
Analysts agree that few meme coin projects offer as many services as Rebel Satoshi ($RBLZ). This positions it as one of the top challengers to the dominance of Dogecoin and Shiba Inu. Analysts also agree that Rebel Satoshi could become one of the top crypto coins due to its uniqueness in the crypto industry.
There are several benefits to holding $RBLZ. Rebel Satoshi Community members must participate in its ongoing blockchain ICO to become token holders. $RBLZ is in the Rebels Round 1 of its presale, valued at $0.013. By the next round, $RBLZ’s value would jump to $0.018, growing by 3846% from its current value. $RBLZ would get listed when its value rises to $0.025.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
#PressRelease [Source: Coinpedia]