Rebel Satoshi rising, Shiba Inu and PEPE shaky 

  • RBLZ sold 10m tokens in 48 hrs
  • Shiba Inu’s burn rate increased by 60%, but on-chain analysis indicates a downside trend
  • PEPE transferred 418 billion tokens to Binance, triggering a 47% gain in a month.

As the crypto sphere evolves, new players emerge aiming to reshape decentralized finance (defi). In this overview, we delve into three distinct projects: Rebel Satoshi (RBLZ), Shiba Inu (SHIB), and PEPE (PEPE). 

Rebel Satoshi driving decentralization

Rebel Satoshi is a new crypto promoting decentralization. 

The token has sold 10 million RBLZ in the first 48 hours of its presale. 

RBLZ serves as Rebel Satoshi’s membership and governance token, with a total supply of 250 million. 

You might also like: Analysts focus on Rebel Satoshi, Shiba Inu, and Zcash ahead of crypto bull run

Rebel Satoshi has a deflationary mechanism that gradually reduces the token supply. 

Investors who purchase RBLZ gain full access to Rebel Satoshi’s ecosystem, which includes an NFT marketplace, a P2E game, and a staking program. 

In November, Rebel Satoshi entered the Early Bird Round of its presale, with RBLZ trading at $0.010. 

RBLZ prices will rise to $0.013 when Rebel Satoshi transitions to the Rebel Round

By the end of the presale round, RBLZ is expected to trade at $0.025. 

Shiba Inu is turbulent despite rising token burning rate

Due to AI industry investments, SHIB’s burning rate rose to 60%. 

However, on-chain Analysis suggests potential downsides in the coming weeks, with weak support at $0.000006, per the Global In/Out of the Money chart. 

Despite advancements, including Shibarium‘s milestone of 4 million transactions, the recent price decline has raised questions about SHIB’s ability to regain momentum and maintain its status in the market. 

As of Nov.22, 2023, SHIB was trading at $0.000008134, with analysts anticipating a surge to $0.000008350 supported by an increased burn rate.

PEPE is bullish

On Nov. 20, 2023, PepeCoin transferred 418 billion PEPE to the Binance Earn program. Rewards will be distributed to Binance users through various campaigns over the coming months.

This move sparked a bullish sentiment among PEPE investors, lifting prices up by 47% in a month. Trading volume also rose 108% during that time. 

Still, PEPE remains under pressure. As of Nov. 22, 2023, PEPE was trading at $0.000001114, down 11.28% from the previous week.

Despite the recent dip, experts remain optimistic, expecting PEPE to reach $0.000001655 by the end of 2023, driven by ongoing utilities and developments on the network. 

On-chart data also suggests that PEPE could reach $0.000002000 by Q1, 2024.

Visit the official Rebel Satoshi presale website or contact Rebel Red via Telegram for more details.

Read more: Shiba Inu trails Toncoin; investors looking at Rebel Satoshi

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