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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

As Rebel Satoshi Skyrockets by 120%, Analysts Stay Optimistic About Bitcoin Cash and Polygon

NewsBTC
NewsBTC
1 year ago
3 mins read

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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TLDR

  • Rebel Satoshi ($RBLZ) rises 120% during ongoing presale with more than 102 million tokens sold.
  • Bitcoin Cash (BCH) is predicted to leave consolidation and rise above $290.
  • Experts predict the Polygon (MATIC) price to rise above $0.95 going forward.

As euphoria grips the market following Bitcoin ETF approval, analysts are optimistic about the best altcoins like Bitcoin Cash (BCH) and Polygon (MATIC). However, Rebel Satoshi ($RBLZ) has emerged as the best crypto to buy according to analysts with a 120% presale rally. Let’s understand why analysts have picked $RBLZ over the top altcoins such as BCH and MATIC.

Rebel Satoshi Rallies 120% During Ongoing Presale With 102 Million Tokens Sold

The meme coin project Rebel Satoshi is built on the ideals of Satoshi Nakamoto and Guy Fawkes. Rebel Satoshi aims to usher in true decentralization and challenge the centralization in the market. The Recusant community members of Rebel Satoshi will band together and rise against the status quo.

Rebel Satoshi is governed by the ERC-20 standard $RBLZ token built on the Ethereum network. The total supply of $RBLZ is fixed at 250 million with 50% of it allocated to the public by Rebel Satoshi. The target of Rebel Satoshi is to take $RBLZ to a $100 million market cap.

The $RBLZ presale is in the Monarchs Round 4 at $0.022 per token. The $RBLZ token has reached its current price after a 120% rally from the beginning of the presale. The $RBLZ price will rally by 150% to reach $0.025 per token by the end of the presale. Rebel Satoshi has raised more than $1.5 million and sold more than 102 million $RBLZ tokens already.

Hence, experts have termed $RBLZ as the best crypto to invest in now before its launch in February.

Bitcoin Cash Corrects After Rally as Experts Predict Further Upside

On January 8, Bitcoin Cash (BCH) published updates about its network growth in recent weeks. Moreover, DeFiLlama announced on January 8 that it will begin tracking the CauldronSwap on Bitcoin Cash. General Protocols released the list of protocols on Bitcoin Cash that it will support during Q1 2024.

These developments in Bitcoin Cash coupled with the bullishness in the market led to a BCH surge. From $224.86 on January 8, the Bitcoin Cash (BCH) token rose to $296.81 on January 12. This was a surge of nearly 32% in the Bitcoin Cash (BCH) price. Since then, the BCH token has corrected by 14.2% to trade at $254.49.

Experts predict that this correction in the BCH price is temporary. They predict that the BCH token will rise once again and trade above $290 in the coming weeks.

Polygon Consolidates With a Minor Correction After Rally

Polygon (MATIC) joined forces with Hash Palette to show solidarity through donations for the victims of the earthquake in Japan on January 8. On January 9, Polygon and the FOX Corporation got into a partnership to launch the Verify protocol for media provenance. Brevan Howard Asset Management LP joined hands with Polygon to tokenize funds at zero fees on January 10.

With these developments around Polygon, the MATIC price also witnessed a surge. From $0.75 on January 8, the Polygon (MATIC) price rose to $0.95 on January 11. This was a rally of 26.6% in the MATIC price. Since then, the Polygon (MATIC) price has corrected by 7.6% to trade at $0.88 on January 13.

Experts anticipate that this is a minor correction in the MATIC price. They predict that the MATIC token will rise above $0.95 in the coming weeks.

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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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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