As Shiba Inu and XRP Mania Cools, Crypto Insiders Whisper About the Next Viral Sensation

The post As Shiba Inu and XRP Mania Cools, Crypto Insiders Whisper About the Next Viral Sensation appeared first on Coinpedia Fintech News

• Shiba Inu (SHIB) experienced a significant milestone on November 30, 2023, with a 1,000% increase in its token burn rate, potentially impacting its long-term value. Despite this, a bullish momentum remains uncertain.
• XRP (XRP) demonstrated a solid 51% gain over the past year but faces challenges maintaining its recent bullish trend. Following a spike in July 2023 due to Ripple’s partial SEC win, XRP dropped from $0.8200 to around $0.6000.
• Rebel Satoshi (RBLZ) is a novel meme coin challenging the crypto sector norms, and attracting significant investor interest. Its Early Bird Round of presale concluded in three weeks, driven by features like the membership and governance coin, RBLZ.

Shiba Inu (SHIB) achieved a remarkable milestone with a 1,000% increase in its token burn rate, signalling potential long-term value. Meanwhile, XRP (XRP), having demonstrated a strong performance over the past year, faces struggles to sustain its bullish trend. Yet, Rebel Satoshi (RBLZ) emerges as a new meme coin challenging the status quo in the crypto sector. Can Rebel Satoshi agitate the established Shiba Inu and XRP tokens to dominate the crypto space? Let’s explore here.

Shiba Inu (SHIB) Marks Milestone with 1,000% Increase in Token Burn Rate

On November 30, 2023, Shiba Inu (SHIB) recorded a notable milestone as the burn rate for the token increased by 1,000%. It means the token’s supply keeps shrinking, which might be great for its value in the long term. Sadly, this burn rate might not be enough to catalyze a bullish momentum for Shiba Inu (SHIB).

Reviewing Shiba Inu’s (SHIB) recent market charts, the coin demonstrates a significant response to the burn. Despite the crypto market’s movements, Shiba Inu (SHIB) created its unique path. A small surge after the burn proved that Shiba Inu (SHIB) was responding to the increased burn rate.

Elsewhere, South Korea’s Upbit exchange saw an influx of Shiba Inu (SHIB) tokens on November 30. The influx featured 84 billion SHIB, valued at more than $700,000. However, these Shiba Inu (SHIB) transactions happened within the exchange’s deposits, reducing external influences. Hence, Upbit might be executing strategic moves to streamline its hot wallets.

On December 1, 2023, Shiba Inu (SHIB) was trading at $0.000008366, up 2.42% in the past week. Analysts expect SHIB to rise to $0.000008550 by the end of 2023, supported by an increasing token burn rate. Hence, it is a good crypto to buy today.

XRP (XRP) Struggles to Sustain Bullish Momentum: A Closer Look at Recent Performance

XRP (XRP) has performed well in the past year, gaining over 51%. However, the short-term charts show XRP struggling to maintain its bullish trend. After spiking in July 2023 to highs of $0.8200 due to Ripple’s partial win over the SEC, the crypto receded to trade around $0.6000.

Over the past ten days, XRP performed decently within range, starting from November 19, 2023. The crypto traded around $0.6092 for two days before dropping after a whale transferred 25.50 million XRP to Bitstamp. The whale activity caused a severe selloff, forcing XRP to drop to $0. 5868.

Nonetheless, BitTrade, a Japanese crypto exchange, confirmed support for XRP lending on November 21. The bullish news enabled XRP to recover some ground. By November 26, XRP had stabilized near $0.6324.

However, the uncertainty in this market explains why XRP investors are searching for other cryptos that promise better returns, resulting in a drop in their price. On December 1, XRP was trading at $0.6105, down 2.11% in the past week. Analysts are positive and say XRP will rise to $0.6550 by the end of December, supported by growth in its network.

Rebel Satoshi (RBLZ) Unleashes a New Era of Investment in the Crypto Space 

Rebel Satoshi (RBLZ) is a new meme coin that aims to challenge the status quo in the crypto sector. It has many attractive features, components, and growth potential, attracting many investors. This extensive investor interest saw Rebel Satoshi (RBLZ) complete its Early Bird Round of its presale in three weeks. The increasing interest in Rebel Satoshi comes from its membership and governance coin, RBLZ.

Investors consider RBLZ the best cryptocurrency to buy due to its many perks. These perks include access to a large Rebel Satoshi NFT marketplace, staking rewards, and a play-to-earn (P2E) game. Furthermore, RBLZ is different from other meme coins because it is designed with a supply cap of 250 million tokens.

Rebel Satoshi has already transitioned to Rebel’s Round 1 of its presale, with each RBLZ coin valued at $0.013. The price means all investors who acquired Rebel Satoshi (RBLZ) at the Early Bird Round price of $0.010 have recorded a 30% ROI. The price is set to increase by 92.3% after RBLZ reaches its listing price of $0.025.

Interestingly, Rebel Satoshi has sold 32.85 million RBLZ tokens, with the increasing demand pulling the coin’s listing date closer. Additionally, Rebel Satoshi allows investors to use Bitcoin (BTC) and other altcoins to buy this meme coin, giving all investors an easy way to join the presale. Thus, it is the best crypto investment of 2023.

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