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December 09, 2023

Monero and Optimism Investors Divert Attention to a Gaining Cryptocurrency

In Brief

Top crypto coins like Monero (XMR) and Optimism (OP) have recorded marginal gains. Meanwhile, investors have shifted their attention to Rebel Satoshi ($RBLZ), an upcoming meme coin that sold 10 million tokens in 48 hours.

TLDR

  • Monero gains 1% in a week, but experts expect it to surge before the year ends.
  • Optimism jumps 3% in a week, but a downward correction is due soon.
  • Rebel Satoshi attracts investors into Rebels Round 1 after promising a 92.30% ROI.

The crypto market began turning green at the start of December. As a result, top crypto coins like Monero (XMR) and Optimism (OP) have recorded marginal gains. Meanwhile, investors have shifted their attention to Rebel Satoshi ($RBLZ), an upcoming meme coin that sold 10 million tokens in 48 hours. 

Will the renewed bullish momentum in the crypto market help Monero and Optimism outshine Rebel Satoshi? Let’s find out!

Monero Gains 1% In a Week: Will Bulls Charge Further?

Monero has displayed an underwhelming performance over the past seven days. On November 27, XMR was trading around $165.64. However, the official Monero X handle announced that XMR enthusiasts can submit proposals for MoneroKon on November 28. As a result, Monero activity soared, pushing XMR as high as $173.62 on December 2. 

As the excitement around this news dwindled, XMR began correcting downward. By December 3, XMR had stabilized around $167.87. This price means XMR has only gained 1.35% in a week, explaining why investors are gradually shifting to tokens that promise better performance.

Despite this lackluster performance, experts believe XMR will surge to close the year at $199.73. Experts peg this forecast on Monero gaining more adoption because of its privacy feature. This forecast makes XMR a top crypto to buy now!

Optimism Surges 4% In a Week: What’s the Future Outlook?

Optimism has performed decently over the past seven days. On November 27, OP was changing hands at $1.72. Following days of sideways trading, OP started climbing on December 1 due to the news Optimism Foundation launched the second OP token distribution. 

This bullish news saw OP start climbing before leveling off at $1.79 on December 4. This price action means OP has jumped 4.07% in a week. These gains have left investors asking, will OP continue with its upward trajectory, and is it one of the best cryptos to invest in before the end of the year?

According to experts, Optimism will start correcting downward as the excitement around the token distribution fades. To this end, experts set the end-of-2023 OP prediction at $1.59. As such, experts advise investors to add OP to the list of altcoins to watch!

Rebel Satoshi Continues Wooing Investors After Promising Enormous Returns!

Rebel Satoshi, an upcoming meme coin that seeks to build a vibrant community and challenge centralization in the crypto space, has seen tremendous investor interest since the start of its presale. The growing interest in Rebel Satoshi comes from its governance and membership token, dubbed $RBLZ.

$RBLZ has gained investor confidence because it is the key to the entire Rebel Satoshi ecosystem. Specifically, the Rebel Satoshi ecosystem will boast an NFT marketplace for trading collectibles in the Rebel NFT Vault, a P2E game, and a staking program. These features make $RBLZ the best crypto to buy now!

By December, Rebel Satoshi had begun Rebels Round 1 of its ongoing public presale, with $RBLZ going for $0.013. Interestingly, investors can use Bitcoin (BTC) and 50 other cryptos to purchase $RBLZ. $RBLZ’s listing price is $0.025, and it represents a 92.30% gain from the current level. This listing price also represents a 150% surge from the Early Bird Round $RBLZ price of $0.010. 

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

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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