- Ethereum sheds 3% in a week, but a resurgence is coming before the year ends.
- Immutable surges 41% in a week, and experts predict more gains in December.
- Rebel Satoshi becomes 2023’s crypto gem after surging 80% during its presale.
The December bull run attracted more investors to the crypto market. However, top altcoins like Ethereum (ETH) have already started retracing their growth. To this end, experts recommend investing in Immutable (IMX) and Rebel Satoshi ($RBLZ), an upcoming meme coin that has been grabbing the headlines since the start of its public presale.
Why are experts nudging investors that missed Ethereum’s rally to invest in Immutable and Rebel Satoshi? Continue reading to discover!
Ethereum Plunges 3% In a Week: Is a Rebound Coming Soon?
Ethereum has displayed an unsatisfactory performance over the past seven days. On December 8, ETH was changing hands at $2,355.23. After days of sideways trading, ETH took a sharp dive on December 11. This plummet came as the broader crypto market opened trading on Monday bleeding.
However, the news of Hong Kong-based Hashiki exchange depositing 17,108 ETH into Binance exacerbated Ethereum’s downward spiral. By December 15, ETH had stabilized at around $2,277.79. This price means ETH has shed 3.29% of its value in a week. This subpar performance explains why investors are seeking greener pastures.
Still, experts believe ETH is a top crypto to buy, especially for long-term HODLers. In the short term, experts believe ETH will recover to close the year at $2,370.37. Experts peg this prediction on ETH surging due to the December 15 news of Cronos Labs launching a zkEVM chain to streamline transactions between Ethereum and Cronos.
Immutable Jumps 41% In a Week: More Gains Coming?
Immutable has performed exemplarily over the past seven days. On December 8, IMX was hovering at around $1.51. However, the December 9 news of VanEck predicting Immutable will soar astronomically after the launch of Illuvium, an NFT game project, in the coming year sparked speculation among traders, forcing IMX to start climbing.
The buzz around this news saw IMX $2.24 on December 12. By December 15, IMX had experienced a slight downward correction before stabilizing at around $2.13. Despite the retracement, this price means IMX has gained 41.06% over seven days. This performance has left investors asking, will IMX continue surging, or has the buying window closed?
Per experts, IMX will continue its uptrend to close the year at $2.33. This forecast makes IMX a good crypto buy. Experts attribute this prediction to Immutable’s recent integration of Transak for fiat to crypto payments within zkEVM game development. This integration will improve in-game transactions.
Rebel Satoshi Becomes the Best Crypto To Buy After Pumping 80%!
Rebel Satoshi, an upcoming meme coin that aims to increase decentralization in the crypto-verse, has achieved notable milestones during its public presale. This burgeoning project’s most recent feat was completing Rebels Round 1 of its presale in ten days. Before this, Rebel Satoshi completed the Early Bird Round in three weeks.
This trend proves that Rebel Satoshi has seen an influx of investors since the launch of its presale. Investors are increasingly taking a liking to Rebel Satoshi because of its goal to create a vibrant community comprising the silent majority. Moreover, investors are embracing Rebel Satoshi because of its native token $RBLZ.
$RBLZ is the best cryptocurrency to buy now because it offers access to all Rebel Satoshi features. These include a P2E game, an NFT marketplace, and a staking program. On top of this, $RBLZ boasts a deflationary mechanism and a reasonable supply of 250 million tokens. These features set $RBLZ apart from other meme coins.
By December, Rebel Satoshi had entered Warriors Round 2 of its ongoing presale, with $RBLZ going for $0.018. This price denotes an 80% surge from the Early Bird Round $RBLZ price of $0.010 and a 38.46% surge from the Rebels Round 1 $RBLZ price of $0.013. Warriors Round 2 investors are set to get a 38.89% ROI when $RBLZ hits its listing price of $0.025.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null tx