XRP lost value after a rumor about Blackrock filing for an XRP ETF began circulating on X. As the problems continue for XRP, investors are turning their attention toward a new coin with impressive growth potential.
Let’s learn more about Ripple and the new coin being hailed as the best ICO by investors!
On November 14, 2023, a rumor began circulating on X that the world’s largest asset manager, Blackrock, has filed for a spot XRP ETF. The price of XRP, Ripple’s native token, went from $0.65 to $0.73 in 25 minutes after the rumor was shared on social media.
But soon after, the rumor was debunked by Bloomberg’s Senior ETF Analyst Eric Balchunas. In a tweet, Eric Balchunas shared with his followers that someone had used a Blackrock executive’s name to file for the ETF. After the rumor was debunked, XRP lost the value it had gained earlier and then some.
As a result of these wild price swings on November 14, XRP traders lost $7 million. Since then, the price of Ripple’s native token has continued to suffer. XRP lost 9.5% in value and went from $0.6715 on November 14 to $0.6073 on November 22.
For those planning to buy XRP, there is hope. If market sentiments turn bullish, XRP can cross the $1 mark and trade at $1.14 by the end of 2024. Even if bearish sentiments persist, XRP is still predicted to trade pretty close to the $1 mark at $0.9879 by the end of 2024.
Meme coins are not alien to crypto enthusiasts, but RebelSatoshi (RBLZ) has set itself apart from its counterparts through its mission. Rebel Satoshi is a coin with the mission to challenge the system that favors the elite. With its group of rebels, Rebel Satoshi aims to defeat centralized systems and herald a new era of decentralization.
$RBLZ is the native token of Rebel Satoshi and the beacon of hope for the rebels. Under the banner of Rebel Satoshi, rebels can not only fight the system but also enjoy exclusive benefits. Along with $RBLZ, Rebel Satoshi also aims to launch 9,999 rare and exclusive NFTs for NFT enthusiasts.
Moreover, RebelSatoshi has set its eyes on a $100 million market capitalization, making it one of the top altcoins to watch for in 2024. The predictions for the future of $RBLZ show it can also be the best crypto investment opportunity in 2024.
Currently, $RBLZ is priced at $0.010 in the Early Bird Round of its presale. The price of $RBLZ can increase by 29% by the next round to reach $0.013. Since $RBLZ is expected to reach $0.025 after Rebel Satoshi’s official launch, early investors can expect a stunning 150% return on investment.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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