Rebellious Satoshi Nakamoto Gains Momentum: Becoming the New Favorite of Ethereum and Cardano Investors

TLDR
Ethereum has lost 4% in a week, and analysts expect the bear market to continue to dominate.
Cardano has lost 17% in a week, but experts believe that the bull run will return soon.
Rebel Satoshi is ready to challenge the top altcoins as it nears the end of its presale.
Top cryptocurrencies like Ethereum (ETH) and Cardano (ADA) have underperformed since the start of 2024. As a result, investors are turning to new tokens that can maintain the upward momentum in 2023. One such token is Rebel Satoshi ($RBLZ), a new memecoin that has raised $2 million after completing the first three rounds of its public presale.
Why are Ethereum and Cardano enthusiasts turning to Rebel Satoshi? Read on to find out more!
Ethereum drops 4% in a week: what's next?
Ethereum has not performed well in the past seven days. On January 2, the price of ETH was around $2,387.19. The entire cryptocurrency market crashed due to concerns that the U.S. Securities and Exchange Commission (SEC) might reject a Bitcoin ETF, and Ethereum was no exception. This bearish sentiment caused the price of ETH to drop to $2,189.99 on January 3.
However, the news on January 8 that Ethereum whales had cumulatively purchased $1 billion worth of ETH in the past 30 days caused the token to rise to $2356.29 on the same day. Unfortunately, ETH failed to maintain the upward trend and fell back. By January 9, ETH stabilized at about $2274.24. This means that ETH fell 4.73% in a week.
Furthermore, experts believe that ETH will continue to fall and will close January at $2,240.36. Experts attribute this prediction to Ethereum losing investors after using $30.82 million worth of ETH to repay AAVE loans on January 9. Therefore, experts recommend adding ETH to the list of altcoins to watch!
Cardano drops 17% in a week: will there be a rally?
Cardano has had a terrible run over the past seven days. On January 2, ADA was priced at around $0.6255. After the crash on January 3, ADA dropped to $0.5380. Fortunately, news on January 5 that Grayscale still holds Cardano in its Digital Large Cap Fund (GDLC) despite the rebalancing gave ADA a slight uptick.
After reaching a high of $0.5778 on January 5, ADA began to adjust downward as the excitement about the Grayscale news faded. By January 9, ADA stabilized at around $0.5184. This means that ADA has lost 17.12% in a week. This poor performance explains why ADA investors are selling.
Despite the poor performance, analysts believe that ADA will rise again and reach $0.5642 by the end of the month. This prediction makes ADA a good cryptocurrency to buy. Analysts attribute this prediction to more investors accepting ADA, as CoinGlass revealed that Cardano’s 24-hour trading volume surged by more than 100% to $900 million.
Rebel Satoshi is expected to continue to rise after jumping 100%!
Rebel Satoshi, an emerging memecoin that aims to drive the cryptocurrency industry into a new era of decentralization, has mesmerized investors by raising $2 million during its presale. Notably, this breakthrough came after Rebel Satoshi completed presales for its earlier rounds, Rebels Round 1 and Warriors Round 2.
This outperformance stems from the increased demand for Rebel Satoshi’s governance and membership token, $RBLZ. Investors are rushing to buy $RBLZ as it is a passport to enter the Rebel Satoshi ecosystem. In addition, $RBLZ is a viable investment due to its reasonable supply cap of 250 million tokens.
By January, Rebel Satoshi had already launched the ongoing Citizens Round 3 presale, with $RBLZ priced at $0.025. This means that early bird investors who purchased $RBLZ at $0.010 realized a ROI of 100%, which would increase to 150% once $RBLZ reached the listing price of $0.025.
On the other hand, when Rebel Satoshi enters Monarchs Round 4 at $0.022, investors in Citizens Round 3 will receive a return rate of 10%. Furthermore, when $RBLZ surges to $0.025 in February, investors in Citizens Round 3 will see their gains increase to 25%. This price trajectory makes $RBLZ the best cryptocurrency to buy today.
For the latest updates and more information, be sure to visit the official Rebel Satoshi presale website or contact Rebel Red on Telegram.
Join our Telegram channel to get the latest news coverage.