This Week in Crypto: Render Jumps 20%, Injective Slows Down, and a New Meme Coin Causes Market Stir
TLDR
- Render surges 29% in a week on news of Binance Japan planning to list it.
- Injective loses 3% of its value as investor interest shifts to more profitable tokens.
- Rebel Satoshi steals the show after selling 10 million tokens during the first 48 hours of its presale.
As crypto bulls show signs of slowing down, top altcoins Render (RNDR) and Injective (INJ) are moving in opposite directions. Meanwhile, Rebel Satoshi ($RBLZ), an emerging meme coin, is stealing the limelight from established crypto after promising investors a 150% ROI during its public presale.
Why are popular cryptos like Render and Injective seeing less investor interest than Rebel Satoshi? Continue reading to discover.
Render Jumps Over 20% In a Week: Uptrend Set To Continue!
Render has seen its price rise sharply over the past seven days, starting November 9. On November 16, RNDR was hovering around $2.40. After days of trading sideways, RNDR got traction on November 15 and traded as high as $2.72. This bullish momentum came after Binance Japan announced plans to list Render.
The renewed interest in RNDR saw it trade as high as $3.11 on November 16. This price means Render has surged 29.58% in a week. This performance has left investors wondering if RNDR is a good crypto to buy now.
According to analysts, the excitement around Binance Japan’s planned listing of Render on November 27 will see RNDR continue climbing to close the month at $2.80. Once trading begins on Binance Japan, experts believe RNDR will soar as high as $4.65 by year’s end.
Injective Sheds 3% In Seven Days: More Losses Coming?
Injective has performed poorly over the past seven days. On November 9, INJ was trading around $17.64. However, INJ started surging on November 10 after Injective announced it had partnered with Bonus to launch its Ninja Ambassador Portal, which enables Injective ambassadors to track their progress and earn rewards.
As a result of this bullish news, INJ spiked to $18.87 on November 11. However, Injective failed to maintain these gains as the excitement around the Ninja Ambassador Portal launch waned. By November 16, INJ had corrected downwards and stabilized at around $17.10. This price denotes a 3% loss in a week.
Furthermore, analysts believe INJ will continue trading losses for the remainder of the year. Specifically, experts believe INJ will close November at around $13.91 before plunging further to end the year at $12.53. This forecast adds INJ to the growing list of altcoins to watch.
Rebel Satoshi Disrupts the Crypto Market With Its Promise of a 150% Presale Surge!
Rebel Satoshi, an emerging meme coin that aims to challenge centralized organizations and the privileged few, has seen significant investor interest after selling 10 million $RBLZ tokens in the first 48 hours of its public presale. $RBLZ is the membership and governance token of the Rebel Satoshi ecosystem, and it boasts a supply cap of 250 million coins.
Investors are rushing to buy $RBLZ because it serves as the key to all faces of the Rebel Satoshi ecosystem. Upon completion, the Rebel Satoshi ecosystem will comprise a P2E game, a staking program, and an NFT marketplace for the Rebel NFT Vault, which holds 9,999 unique collectibles. These Rebel Satoshi features make $RBLZ the best crypto to invest in now!
By November, Rebel Satoshi had kickstarted the Early Bird Round of its ongoing public presale. The price of the $RBLZ token during this round is $0.010. Notably, this price will increase to $0.013 once $RBLZ enters the Rebel Round. By hitting $0.013, $RBLZ will have generated a 30% ROI for investors in the Early Bird Round.
Interestingly, Early Bird Round investors stand to reap the largest reward, as $RBLZ will offer them a 150% ROI once it attains its listing price of $0.025. So, what are you waiting for? Join the Rebel Satoshi uprising and await massive returns soon.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
Disclaimer
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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.
