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For beginner cryptocurrency investors, a few gems can turn out to be profitable: Rebel Satoshi ($RBLZ), FTX Token (FTT), and Terra (LUNA). Let’s dig deep to understand what makes $RBLZ, FTT, and LUNA some of the best altcoins to buy.
TLDR
- Rebel Satoshi ($RBLZ) surges 80% to reach Warriors Round 2 of the presale.
- FTX Token (FTT) is predicted to drop below $4 after a massive surge in price.
- Terra (LUNA) surges as TFL injects liquidity into the ecosystem.
Rebel Satoshi creates storm as presale enters Warriors Round 2
Rebel Satoshi draws inspiration from Bitcoin founder Satoshi Nakamoto and revolutionary Guy Fawkes. The mission of the Rebel Satoshi meme coin is to bring about a revolution driven by its community. Rebel Satoshi’s rebellion is against the growing centralization and challenges the status quo in the crypto market.
Rebel Satoshi aims to achieve a market cap of $100 million for its $RBLZ token and ecosystem. The $RBLZ token is an ERC-20 token and serves as the governance and membership token for Rebel Satoshi. Users can gain exclusive access and earn rewards on the Rebel Satoshi ecosystem by buying and holding the $RBLZ token.
The presale of the $RBLZ token is currently underway. During the Early Bird Round of the presale, the $RBLZ was priced at $0.010. This was followed by the Rebels Round 1 at $0.013. Currently, the presale is in Warriors Round 2 at $0.018 per $RBLZ.
Once the presale ends, the $RBLZ token could rally as much as 150%, thus projected to reach $0.025. The profits, along with the utility, make Rebel Satoshi’s token $RBLZ, one of the best cryptos to buy.
FTX token surges after greenlighting from SEC chairman for revival
One of the main factors behind the bearish turn in the crypto market since 2022 has been the collapse of FTX and the FTX token, FTT. However, on Nov. 9, the SEC Chairman, Gary Gensler, said that the SEC would approve FTX 2.0 provided it stuck to legal boundaries.
The FTX token, FTT, has witnessed a massive surge driven by this news. From a low of $1.37 on Nov. 9, the FTX Token, FTT, has surged by an impressive 247.4%. By Dec. 11, the FTT price had risen to $4.79.
However, experts believe that the FTX Token rally could be shortlived. This is because FTT has no real use case. Moreover, the exchange could sell FTX Token, FTT, any time to recover its losses. Hence, experts predict that the FTX Token, FTT, will drop below $4 in the coming months.
Terra surges as TFL injects liquidity across ecosystem
On Nov. 22, Terraform Labs (TFL) announced that it injected more than $15 million in liquidity into the ecosystem. Due to liquidity injection, the Terra token, LUNA, witnessed a surge.
From a low of $0.56 on Nov. 22, the Terra token, LUNA, surged by 66%. By Dec. 11, the Terra token, LUNA, had risen to $0.93. Amid the surge in the Terra token LUNA price, the ecosystem also announced a slew of developments. Terra token’s Station Wallet announced integration for dYdX on December 4. Moreover, Station also announced support for Celestia on December 5.
Despite the rally, experts are bearish on the Terra token, LUNA. This is because the Terra token, LUNA, has no use case ever since the collapse of Terra Token and its ecosystem in 2022. They expect the Terra token LUNA, to drop below $0.85 in the coming months.
For the latest updates and more information, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.
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This article first appeared at crypto.news