Rebel Satoshi gains momentum as Chainlink and Bitcoin Cash experience declines
Rebel Satoshi (RBLZ) has gained significant momentum after raising $500,000 in funding during its presale.
Market gurus predict a 104% price growth for Chainlink (LINK) in 2024.
Experts believe Bitcoin Cash (BCH) can surpass $400 by the end of 2024.
After selling over 70% of the tokens in its presale and raising $500,000 in funding, Rebel Satoshi (RBLZ) has gained significant traction in the crypto space. Meanwhile, Chainlink (LINK) and Bitcoin Cash (BCH) have declined in value over the past week.
Read on as we explore the recent developments around these top altcoins and pick the right crypto to buy for higher gains by the end of 2024!
RBLZ challenges top Altcoins
Rebel Satoshi challenges the prevailing dominance of top altcoins and promotes decentralization in the crypto landscape. With a particular focus on nurturing a sense of community among its growing base of investors, Rebel Satoshi has started a rebellion against the centralized organizations.
Rebel Satoshi and its native token, $RBLZ, offer a safe space for crypto enthusiasts looking for a platform to strive for the supremacy of decentralization. Moreover, Rebel Satoshi has set the goal of achieving $100 million in market capitalization in the upcoming months with the help of its dynamic community.
Rebel Satoshi is in Warriors Round 2 of its public presale at $0.018 per $RBLZ. The current price is a stunning 79% increase from its Early Bird Round of $0.010, making it one of the top-performing ICOs in 2023. Moreover, RBLZ has raised over $500,000 during its presale so far.
Now, experts believe that $RBLZ has gained enough momentum to reach $0.025 by the time it launches, delivering a whopping 150% profit for early investors. New investors can receive a stunning 38% ROI by joining the presale now using Bitcoin and 50 other cryptocurrencies!
Cointelegraph collaborates with Chainlink Labs, LINK dips
On December 8, 2023, Cointelegraph Accelerator made headlines by announcing a strategic collaboration with Chainlink Labs, a leading developer of the widely adopted decentralized computing platform Chainlink.
This partnership signifies a crucial synergy between the Cointelegraph Accelerator and Chainlink BUILD programs, aimed at fostering innovation and expediting the growth of emerging Web3 projects.
Despite the positive collaboration between Cointelegraph Accelerator and Chainlink Labs, the price of Chainlink’s native token, LINK, experienced a dip. The LINK price before the announcement was $17.10 on December 8, declining by 18.2% to $13.98 by December 13. So, is LINK the best crypto to invest in now?
Looking forward to 2024, experts foresee a potential LINK price surge of 104%, projecting it to reach $28.64. This optimistic outlook is attributed to the anticipation of an upcoming bull run and Chanlink’s increasing collaborations.
However, more cautious predictions suggest that the price may stay below $22.74 in 2024 if bearish sentiments prevail in the market.
BCH falls as BlackRock warns Bitcoin can be classified as security
On December 4, 2023, BlackRock, the world’s largest asset manager, made a significant move by addressing the potential classification of Bitcoin as a security. This development unfolded in BlackRock’s amended application for a spot bitcoin exchange-traded fund (ETF) submitted to the SEC.
The application expressed concerns about the implications of classifying a digital asset as a security, emphasizing the potential challenges for trading, clearing, or custodial activities in the United States through the same channels used by non-security digital assets.
The news immediately impacted the price of BCH, the native token of Bitcoin Cash, as it declined from $255.35 on December 4 to $224.92 as of December 13. This change represents a percentage decrease of 11.9% in the price of BCH. So, should you consider Bitcoin Cash as the best crypto investment opportunity for 2024?
Looking ahead to 2024, experts predict a positive trajectory for Bitcoin Cash, forecasting a price surge beyond the $400 mark to reach $435.52 per BCH. This optimistic outlook is based on speculation surrounding an upcoming bull run and the potential market upswing, particularly after the approval of a spot Bitcoin ETF.
However, cautious predictions for Bitcoin Cash suggest that BCH’s price might remain below $379.42 in 2024 if bearish sentiments prevail in the overall market.
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