Contents
TLDR
- Cardano gains 2% in a week after SEC calls it security in a Kraken lawsuit.
- dYdX loses 14% after its community voted on the proposal to add ethDYDX to the dYdX chain.
- Rebel Satoshi set to surpass gains of top cryptos after promising a 150% presale ROI.
The bullish sentiment that saw the broader crypto market surge starting Q4 has started losing steam. As a result, top altcoins like Cardano (ADA) and dYdX (dYdX) have started losing investors to Rebel Satoshi ($RBLZ), a new meme coin that promises a 150% presale jump!
Will Rebel Satoshi edge out Cardano and dYdX from a performance perspective? Let’s delve into expert predictions for 2023 to find out!
Cardano Gains Marginally: Stronger Bulls Coming Soon?
Cardano has underperformed over the past seven days, starting November 14. On November 14, ADA was trading around $0.36. However, renowned analyst Ali Martinez pointed out that ADA’s consolidation is similar to the 2018-2020 phase on November 16. Martinez added that ADA could record massive gains if it continues mirroring this phase.
As a result, investors flooded the market to buy Cardano, pushing ADA’s price as high as $0.41 on November 16. However, ADA lost the bullish momentum after the SEC called ADA a security in its November 20 lawsuit filing against Kraken. By November 21, ADA had stabilized around $0.37. This price means Cardano has only gained 2.8% in a week.
This performance adds Cardano to the list of altcoins to watch. However, experts believe ADA will overcome the bearish sentiment from the SEC news to close November at $0.41. Moreover, experts believe the bullish sentiment from the Ali Martinez prediction will see ADA surge as high as $0.44 by year’s end.
dYdX Sheds 14% In a Week: Is an Upside Coming?
dYdX has performed deplorably over the past seven days. On November 14, dYdX was trading around $3.43. However, dYdX got traction ahead of the voting on the proposal to connect the ethDYDX tokens with the dYdX chain. This renewed uptrend saw dYdX surge as high as $4.34 on November 15.
However, after the voting took place from November 16-18, dYdX started plunging. By November 21, dYdX had leveled off around $2.93. This price denotes a 14.58% loss in a week. This performance explains why dYdX investors have started searching for tokens that promise more returns before year’s end.
However, analysts believe dYdX will recover and surge to $3.31 by the end of November. Moreover, experts expect dYdX to continue gaining in December to close the year at $4.77. Analysts peg this prediction on dYdX gaining more adoption due to supporting perpetual trading. This forecast makes dYdX a good crypto to buy!
Rebel Satoshi Set To Outshine Popular Coins After Promising a 150% Presale Surge!
Rebel Satoshi, an upcoming meme coin that seeks to challenge centralized organizations in the crypto industry, has secured a massive fan base despite being in its public presale, which is quickly selling out. Investors have been flocking to buy $RBLZ, the governance and membership token of Rebel Satoshi, due to its incredible tokenomics.
$RBLZ is an ERC-20 token with a deflationary mechanism and a supply cap of 250 million coins. Apart from its tokenomics, $RBLZ offers investors access to the Rebel Satoshi ecosystem, which will consist of a P2E game, a staking program, and an NFT marketplace for trading the 9,999 NFTs in the Rebel NFT Vault.
By November, Rebel Satoshi had commenced with the Early Bird Round of its ongoing public presale. Investors can stock up on $RBLZ for the low price of $0.010 per token. When $RBLZ enters the Rebel Round, the next round, its price will increase to $0.013, offering investors in the Early Bird Round a 30% ROI.
Furthermore, Early Bird Round investors will see the value of their $RBLZ holdings jump by 150% once $RBLZ completes its presale at $0.025. This carved-out path for $RBLZ makes it the best cryptocurrency to buy now!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
