- Top experts expect the price of Bitcoin (BTC) to rise above $70,000 as the halving approaches.
- The Ethereum (ETH) offering is sparking optimism among investors, who expect the price of the DeFi coin to surge to $5,000 by the end of March.
- Rebel Satoshi ($RBLZ) presale has ended.
Even as BTC and ETH continue to rise to the forefront of the cryptocurrency market in their recent rally, new competitors have shown that they can compete with the best DeFi tokens.
Which cryptocurrency should you buy: BTC, ETH, or $RBLZ? We’ve gathered the latest information from analysts and experts.
BTC Price Prediction: Can Bitcoin Continue its Uptrend?
In a bid to stop currency speculation and stabilize the country’s collapsing naira, the Nigerian government has announced a ban on several cryptocurrency exchanges, including Binance, Coinbase, Kraken, FXTM and OctaFX, according to a report published in the Financial Times on February 22. Access has been restricted.
Since this news became known, the price of Bitcoin has risen 22.45% from $50,731.95 on February 23 to $62,121 on February 29. Cryptocurrency industry experts monitoring the price of BTC predicted that the price of Bitcoin would rise further. They predict that the upcoming Bitcoin halving will see the price rise to $70,470 by March.
However, many Bitcoin analysts have expressed pessimism and predicted that a decline for the top cryptocurrency coin is imminent. Based on past Bitcoin price trends, they claim that the BTC price could fall to $47,680 by mid-March.
Will Ethereum’s Latest Offer Prompt a Surge in ETH?
On February 23, Ethereum Foundation’s Mike Neuder and SMG senior researcher Max Resnick published the paper Concurrent Block Proposers in Ethereum. This paper proposed the possibility of increasing the number of proposers in a single PoS Ethereum slot.
Following this announcement, the value of ETH showed the expected upward movement. On February 12, ETH was trading at $2,658.12. However, on February 28, it rose 22.06% to $3,244.42. The rise in Ethereum ETF applications has made market experts optimistic about Ethereum. As a result, they predict that ETH will reach $5,000 by the end of March.
On the other hand, some analysts are bearish on Ethereum as both MACD and the Awesome Oscillator are in bearish territory. As a result, they predicted ETH to fall to $2,256.14 before the end of March. Despite these uncertain prospects, some analysts have advised investors to take a look at Rebel Satoshi due to its unique structure and lucrative pre-sales.
Rebel Satoshi Ends Presale Ahead of DEX Listing of $RBLZ
Rebel Satoshi is currently establishing itself as one of the best meme coin projects of 2024 thanks to its creative features and strong pre-sale performance. To achieve this goal, the project plans to usher in a new era of decentralization using its proprietary token, $RBLZ. Rebel groups opposing centralized systems will define this new era.
$RBLZ token holders can also look forward to exclusive privileges and opportunities to participate in the Rebel Satoshi ecosystem. The Rebels community will build the Rebel Satoshi ecosystem, which includes play-to-earn (P2E) gaming, an NFT marketplace, Rebel NFT Vault, and a staking program.
Currently, $RBLZ is wrapping up its fifth and final Recusants Round 5 presale with a token price of $0.024. This price is expected to rise to $0.025 before the official DEX launch of Rebel Satoshi. Therefore, early $RBLZ investors will receive a 150% return on their investment upon token launch.
For the latest updates and more details, visit the official Rebel Satoshi pre-sale website or contact Rebel Red via Telegram.