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The post As XRP Trades Sideways Low Cap Gem Captures Trader’s Attention appeared first on Coinpedia Fintech News
TLDR
- XRP to continue trading sideways and even drop below $0.60, according to experts.
- Rebel Satoshi ($RBLZ) puts 25 million tokens up for sale during the Citizens Round 3 of the presale.
With one of the top altcoins, XRP, cooling off after a rally in December, experts have found a new gem for investors. The project with high potential gains is the Rebel Satoshi ($RBLZ) meme coin that has emerged as the best crypto to buy. Let’s dig deep to understand the factors behind the meteoric rise of $RBLZ ahead of XRP.
XRP Enters Correction Post Surge Regulatory Approval in Ireland
The XRP price has performed underwhelmingly in the current market upturn. However, as the market made a new yearly high in early December, the XRP price also rallied. On December 9, the XRP price rose to a monthly high of $0.69. Since then, the token’s price has been on a downward trajectory.
By December 27, the XRP token had dropped by 8.6% to trade at $0.63. This dip in XRP price has come even as it has taken massive strides towards real-world adoption. For instance, on December 15, it published a whitepaper, CBDCs: The Evolution of Money. This was followed by XRP being listed among Bank of Ireland’s registered virtual asset service providers on December 20.
However, as the XRP price has failed to break out despite the growth, its outlook, according to experts, is not positive. They believe that the majority of investors are awaiting the final result of XRP’s case against the SEC. As a result, experts believe that the XRP price might dip further and drop below $0.60.
25 Million Rebel Satoshi Tokens Up For Grabs To Generate Massive Profits
Rebel Satoshi is inspired by the ideals and philosophies of Satoshi Nakamoto and Guy Fawkes. The purpose of Rebel Satoshi is to ignite its Recusant community members and bring about a revolution. The Rebel Satoshi uprising is a peaceful one against the growing centralization and the status quo in the market.
Rebel Satoshi is governed by its native ERC-20 standard token, $RBLZ, which is built on the Ethereum network. The total supply of $RBLZ is fixed at 150 million by Rebel Satoshi, just like Satoshi Nakamoto fixed the supply of BTC at 21 million. Moreover, Rebel Satoshi has allocated 50% of the $RBLZ tokens to the public.
The contract address of $RBLZ has been made public and audited by SourceHat. Rebel Satoshi aims to attain a market cap of $100 million for the $RBLZ token. Rebel Satoshi is currently conducting the presale of the $RBLZ token in multiple rounds. The sale is in Citizens Round 3 at $0.020 per $RBLZ, with only 25 million tokens available in this round. Until now, more than 82 million $RBLZ have been sold, and it has rallied 100% from the beginning of the presale.
When the presale ends, the $RBLZ token will have rallied by 150% from the start of the presale to reach $0.025. As a result, many experts are calling it one of the best altcoins to buy right now.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram