Celestia (TIA) holders are worried over the coin's recent decline. Polkadot has also fallen as the market-wide price correction bites other networks.
Now, investors are flocking to RebelSatoshi ($RBLZ) as its exchange listing approaches. The project has sold 110 million tokens in its presale. Yet, can $RBLZ join top altcoins like TIA and DOT? Let's talk about it.
Income inequality has risen sharply in the past decade. The gap between the wealthy few and the rest of the world is astronomical. Cryptocurrencies were long perceived to be a way of leveling the playing field. However, the rise of banks and hedge funds signifies the growing influence of centralized authorities, which makes equitable wealth distribution harder.
Thankfully, RebelSatoshi ($RBLZ) was designed to combat the growth of centralized authorities in the crypto industry. It also invites all crypto holders to belong to a community that believes in reinstituting the principles of decentralization. Rebel Satoshi ($RBLZ) has already defeated hedge funds and other centralized powers. Now, it is bringing the fight to the crypto industry.
On RebelSatoshi ($RBLZ), users have a variety of wealth-earning avenues. These include staking $RBLZ coins, trading NFTs, and participating in a play-to-earn game. Other benefits of belonging to RebelSatoshi ($RBLZ) include fame for day-to-day participation in its meme coin ecosystem. Finally, it rewards community members for being active in its community interactions.
RebelSatoshi ($RBLZ) was received with wide appeal, leading to massive sales in its ongoing blockchain ICO. Since the kickoff of its presale, RebelSatoshi has sold 110 million tokens while raising over $1.5 million. Its token value has also grown from $0.010 to its Monarchs Round Four price of $0.022. RebelSatoshi's community is abuzz following $RBLZ's expected increase to $0.025.
The recent market downturn has affected Celestia (TIA), causing a sharp reduction in its bullish momentum. Celestia (TIA) was among the best-performing coins in the past two months following excitement around spot Bitcoin ETFs. It recorded a $2.1 billion market capitalization increase from the end of October till now.
Yet, Celestia's price growth has slowed considerably as January approaches an end. TIA sold at $13.98 at the start of the year after a bullish December. It rose by 16.3% to $16.26 by January 10. TIA's bullish momentum increased, pushing its price up by 17.0% to an all-time high of $19.03 as of January 15. However, TIA fell by 20.4% to $15.14 by January 25.
Analysts expect a Celestia (TIA) recovery due to its unique modular blockchain technology. Celestia enables easy deployment of blockchain systems with low costs and high efficiency. Polkadot has already partnered with Celestia (TIA) to leverage its data availability layer. Analysts say increased interest in Celestia's services will help it capitalize on the expected market recovery, thus pushing TIA up by 22.4% to $18.54.
Despite a strong bullish performance in the last two months of 2023, Polkadot (DOT) has recorded a significant price decrease. As the anticipation of spot Bitcoin ETFs grew, Polkadot (DOT) rallied impressively.
However, mid-January 2024 brought a sharp price correction that wiped off significant gains from Polkadot. DOT started the year trading at $8.5989. By January 12, DOT had fallen by 11.9% to $7.5693. As the market bearishness increased, DOT fell by 14.9% to $6.4345 by January 25.
There is a debate over how long it will take Polkadot (DOT) to recover or if it will even recover in the first place. Bullish analysts say excitement around its long-awaited Polkadot 2.0 upgrades will boost its network activity.
However, the bears say investor sentiment will remain low as long as the market is in a downturn. If things stay the same, DOT could fall by 15.9% to $5.4072. Consequently, analysts say Polkadot (DOT) is not a good crypto to buy now.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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