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Breaking News: Coinbase Pulls Plug On $2 Billion Agreement With BVNK

Ethereum’s Next Chapter: Exploring Emerging Investment Alternatives in the Crypto Space

Bitcoinist
by Bitcoinist
Last Updated: December 7, 2023 2:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

TLDR

  • Analysts predict the Ethereum (ETH) price to trade below $2,200 in 2023.
  • Rebel Satoshi ($RBLZ) gathers momentum as Rebels Round 1 Presale is two-thirds completed.
  • Chainlink (LINK) is predicted to surge above $17 as it launches staking v0.2.

With Ethereum (ETH) trading sideways after the market rally in November, investors are looking for the best cryptos to buy. Amid such a scenario, Rebel Satoshi ($RBLZ) and Chainlink (LINK) have emerged as the top altcoins. Let’s understand why that is the case, and $RBLZ and LINK are the top picks, according to analysts.

Ethereum Trades Sideways as Goerli Testnet Closes Down

The Ethereum token, ETH, had been suffering immensely during the more than a year-long bearish downturn. However, since November, the Ethereum token, ETH, has witnessed a rally along with the crypto market resurgence. From a low of $1,790 on November 3, the price of the Ethereum token, ETH, rose to $2,126 by November 10. This was a rally of more than 18% in the ETH price.

However, since the rally, the Ethereum token, ETH, has been trading sideways to reach $2,088 by December 1. During the sideways price action for ETH, Ethereum conducted the Ethereum Foundation’s DevConnect 2023 between November 15 and 21. On November 30, Ethereum announced that Dencun would be the last fork deployed on Goerli before it is closed down.

As ETH trades sideways, experts are skeptical about Ethereum. They expect the Ethereum token, ETH, to trade below $2,200 in 2023.

Investors Eye Rebel Satoshi’s Astronomical Presale Profitability

Rebel Satoshi derives its name from legendary Bitcoin creator, Satoshi Nakamoto. Not only its name but Rebel Satoshi also embodies the spirit of Satoshi Nakamoto. Rebel Satoshi is designed to challenge the status quo and bring about true decentralization in the crypto world.

Rebel Satoshi aims to attain a market cap of $100 million through its native $RBLZ token and upcoming ecosystem. The Rebel Satoshi ecosystem would comprise Rebels Atefacts NFT Vault, Staking Pool, Play-to-earn game, and Rebels Hall of Fame. Ownership of the $RBLZ token would give users early and exclusive access to the Rebel Satoshi ecosystem.

The $RBLZ token serves as the governance token for the Rebel Satoshi ecosystem. The total supply of $RBLZ is fixed at 250 million, with a burn mechanism reducing its supply. Rebel Satoshi is currently conducting the Rebels Round 1 presale of the $RBLZ token. In this round, the $RBLZ token is priced at $0.013, with more than 66% of the round completed already.

The price of the $RBLZ token will surge 150% by the end of the presale and reach $0.025 per token. As a result, experts have made it one of the best altcoins for investors to make profits.

Chainlink Enters Accumulation as Staking v0.2 Goes Live

The Chainlink token, LINK, fell to a low of $10.70 on November 3 before bouncing in the market rally. By November 12, the Chainlink token, LINK, rose to $16.42 with a surge of an impressive 53.4%. Since the surge, the Chainlink token, LINK, has corrected by 8.7% to trade sideways and reach $14.98 by December 1.

Amid the choppy price action for the LINK token, the Chainlink ecosystem made a slew of major announcements. For instance, Stablecoin Standard and Chainlink Labs entered into a partnership on November 22. Another major announcement was Chainlink announcing LINK Staking v0.2 going live from November 28.

As Chainlink trades sideways, analysts believe that LINK will turn bullish going forward. They expect the LINK price to rise above $17 in the coming weeks and months.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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