After Making Money with Monero, Top Investors Shift Focus to Rebel Satoshi and Bonk
In Brief
TLDR
- Monero (XMR) to continue its sideways trajectory and trade below $175.
- Rebel Satoshi ($RBLZ) sells 68 million tokens with an 80% surge in price.
- BONK consolidates as experts foresee a surge above $0.000031.
The Monero (XMR) token has been one of the top altcoins in 2023 but has been trading sideways recently. As a result, its investors have turned their focus towards Rebel Satoshi ($RBLZ) and Bonk (BONK). Let’s understand what makes $RBLZ and BONK the best cryptos to buy ahead of XMR.
Monero Predicted to Continue Trading Sideways Amid Market Consolidation
As the crypto market surged to a new yearly high in December, the Monero (XMR) price also bounced. On December 10, the Monero token, XMR, rose to $178.39 before dropping once again. By December 21, the Monero (XMR) price had dipped by a meager 3% to trade at $172.87.
This sideways price action for the XMR token has occurred despite Monero showcasing its effectiveness against Bitcoin. For instance, on December 16, Monero showed that it is considerably cheaper to send XMR privately than it is to send BTC. While average BTC transactions cost more than $93, XMR transactions cost $0.056 only. Moreover, on December 21, the daily transactions on Monero (XMR) surged from 25K to 50K.
However, as Monero token, XMR, trades sideways, experts believe that it will continue to do so going forward. They believe that Monero (XMR) will stay below $175 in the coming months.
Rebel Satoshi’s Revolution Rages On With More Than 68 Million Tokens Sold
Rebel Satoshi is not just a meme coin but is a band of Recusant members coming together. The members of the Rebel Satoshi community draw inspiration from Guy Fawkes and Satoshi Nakamoto. Through their camaraderie, the members of Rebel Satoshi will rise against the growing centralization in the market.
The Rebel Satoshi platform will fully develop into a play-to-earn game and the Rebels Artefact Vault with 9,999 unique NFTs. The key to joining the Rebel Satoshi revolution is its native governance token, $RBLZ. The total supply of $RBLZ is fixed at 250 million with Rebel Satoshi allocating half of it to the public.
The $RBLZ presale is currently underway in the Warriors Round 2 at $0.018 per token. By the current presale round, Rebel Satoshi has raised $700K and sold more than 68 million $RBLZ tokens. Upon the conclusion of the presale, the $RBLZ token will surge by 150% from its launch. The price of the $RBLZ token will be $0.025 before it is even listed on major exchanges. As a result, investors are calling $RBLZ one of the best altcoins to buy.
BONK Consolidates as It Becomes The Third-Largest Meme Coin
Bonk has been one of the top gainers in the current bullish turn in the market. However, since rising to an all-time high of $0.000031 on December 15 before entering into a correction. By December 21, the BONK price had dipped by 35.4% to consolidate around $0.000020.
Despite the drop and consolidation in price, BONK Futures and Perpetual Trading went live on the Bozo Collective on December 17. BONK Futures also went live on the Kraken Pro exchange on December 21. Moreover, on December 21, the BONK token rose to take the third spot among meme coins in terms of its market cap.
Due to these developments, experts term this consolidation in the BONK price as a sign of bullishness. They predict the BONK token to rise above $0.000031 in the coming months.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
