- Uncertainty over the viability of the recently launched Celestia
- Rebel Satoshi is set to provide over and above typical meme coins
- Ethereum Classic may prove to be a decent altcoin despite frequent Ethereum comparisons
After a mixed three-quarters of 2023, the revived crypto market looks to close the year on a high. Many analysts have begun considering the recently debuted Celestia (TIA). Rebel Satoshi ($RBLZ) is another new name, entering the market soon after with what is now a sought-after presale.
Finally, does Ethereum Classic (ETC) have merit as the best crypto to invest in now? Let’s review the prospects of each, beginning with Celestia.
Long-Term Prospects For New Celestia Remain Uncertain
Celestia is a new, Cosmos-backed promising network. Rather than go through a blockchain ICO route, developers decided to have an airdrop. This resulted in a 394% surge after launching on October 31, 2023, from $1.88 to $9.29, before dropping to $5.55.
Celestia describes itself as the ‘first modular blockchain network,’ breaking the chain into layers for better speed and scalability. Yet, this newcomer is entering a highly competitive, diluted market. Many Cosmos enthusiasts have also spotted the Celestia’s token vesting as another drawback. The network will release millions of tokens over time, a bearish signal due to inflation.
With this in mind, it’s uncertain if Celestia can keep up the current momentum. Plus, its new status makes it less reliable for decent predictions. But, without much analysis, TIA can easily eclipse at least $10 during 2024.
From one new entrant to another, let’s explore the potential of Rebel Satoshi.
Rebel Satoshi Proves To Be More Than Another Meme Token
When most investors think of a meme coin, Dogecoin, Shiba Inu, and tons of comparable projects come to mind. But can it inspire rebellion while staying true to community-building, amusement, and rewards? Enter Rebel Satoshi, a captivating meme coin inspired by legendary figures Guy Fawkes and Satoshi Nakamoto.
Fawkes awakens the silent majority, representing social justice against oppressive elites. Meanwhile, Nakamoto motivates aspiring rebels to seek decentralization away from centralized financial systems.
$RBLZ is the medium of exchange and gateway to staking rewards, the trading of rebel-inspired NFTs, governance, and more. Unlike Celestia’s TIA, $RBLZ has a capped supply of 250 million, allowing for better deflationary tokenomics. To symbolize Guy Fawkes/Bonfire Night, Rebel Satoshi will ‘burn’ or remove any unsold $RBLZ after the ongoing presale.
Needless to say, you’ll want to scoop up what you can since the token is trading for a bargain at $0.010. Completing the presale is among many goals in phase 2 of Rebel Satoshi’s exciting roadmap. Furthermore, it is set to offer a 150% ROI as $RBLZ will be worth $0.025 after this period.
Ethereum Classic May Be A Decent Pick As An Obscure Altcoin Investment
While Ethereum Classic is the original Ethereum, this dead ringer has disappointed in prominence. Whether considering the mainstream appeal, technology, or innovation, Ethereum is far superior. But what does this mean for Ethereum Classic as an investment?
Firstly, Ethereum Classic’s placement in the list of top altcoins is held by namesake comparisons. Also, Ethereum Classic remains a mining-based blockchain, while Ethereum is proof-of-stake. A huge market of devoted enthusiasts still prefers mining over staking. Other strong points for Ethereum Classic include its much lower value and deflationary tokenomics.
Although it’s always compared to Ethereum, it’s a decent shot for those seeking an obscure altcoin. Currently worth $18.80, reasonable predictions suggest ETC will likely trade in the $20-25 range or higher in 2024.
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