TLDR
- Forecasts hint at the potential for Bitcoin to hit its all-time high in 2024.
- Rebel Satoshi becomes the torchbearer for decentralized finance using Bitcoin’s creator for inspiration.
- Cardano may be a decent bet in 2024 despite slow-paced significant upgrades.
The last three months have proven the silver lining in what was a mixed 2023 for projects like Bitcoin (BTC) and Cardano (ADA). Investors hope the next year will be bullish for the crypto market.
Another platform set to be in the spotlight, albeit in the meme coin space, is the new Rebel Satoshi ($RBLZ). Let’s compare the prospects of each project, beginning with Bitcoin.
Can Bitcoin Reach Its All-Time High in 2024?
While other top crypto coins have more interesting developments, Bitcoin remains the center of attention. 2024 is significant for the world’s first decentralized currency for two reasons.
The first is the pending approval of Bitcoin exchange-traded funds from the Securities and Exchange Commission (SEC). After months of delays, the stern US regulator will decide to decline or approve applications from several financial institutions.
The second major talking point is the project’s fourth quadrennial halving, where the mining rewards will get cut in half from 6.25 to 3.125. This is a deflationary tactic to slow down the rate of BTC in circulation. Halvings are highly anticipated events as they have historically resulted in greater valuations.
With this in mind, some forecasts indicate the potential for Bitcoin to hit a minimum yearly peak of $1,00,000, surpassing its all-time high.
Next up on the list is Rebel Satoshi, a project inspired by Bitcoin’s creator, Satoshi Nakamoto.
Rebel Satoshi Carries The Torch For Satoshi Nakamoto’s Decentralization Movement
Many cryptocurrencies are indebted to Satoshi Nakamoto, who created the first digital currency. Yet, 15 years later, the modern centralized system remains the go-to standard. Rebel Satoshi is the torchbearer for the decentralized finance movement.
Rebel Satoshi desires to defy the current oppressive financial mechanisms by gathering a community of like-minded rebellious members. In doing so, this ensures a fairer distribution of wealth from the elites to regular citizens.
Rebel Satoshi entices investors by uniquely blending aspects of DeFi companies like NFTs and staking with rebel meme culture. The $RBLZ is responsible for Rebel Satoshi‘s reward-based ecosystem. In honor of Bitcoin’s tokenomics, it has a fixed supply of 250 million to keep inflation at bay and enable faster value appreciation.
$RBLZ is the required medium of exchange in the Rebel Artefacts Vault, where you can trade 9,999 rebel-esque unique collectibles and digital art characters. Another benefit of holding $RBLZ is that users can stake the token, thereby receiving low-effort additional tokens.
Rebel Satoshi is in a citizens round 13 event, which is set to conclude in February 2024. $RBLZ is worth $0.025 during this stage. Analysts expect greater value potential once Rebel Satoshi debuts on exchanges soon after.
Cardano Remains A Good Bet For 2024 Despite Slow Upgrades
Cardano is a big player, frequently ranked in the top 5 cryptocurrencies. It’s a project with a well-known developer, Charles Hoskinson. While a polarizing figure, Hoskinson continuously gives hope to investors.
Another unique aspect of Cardano is that it’s the first blockchain to use peer-reviewed research. This is one reason why the network carefully plans each upgrade. Yet, this means it’s slower to evolve, which is why experts believe Cardano has yet to reach its full potential.
For instance, the ‘Basho‘ era (the integration of sidechains) of Cardano was scheduled to go live in 2022. However, this has yet to happen. Still, given the project’s existing dominance, investors have the patience to stick with Cardano for the long term.
Currently worth $0.61, estimates imply a minimum yearly peak of $1.50 for the upcoming 2024.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
