Leading cryptocurrencies, such as Pepe (PEPE) and Shiba Inu (SHIB), have surged dramatically in 2023 and are doing well so far in 2024. Consequently, a fresh wave of investors has joined the market in the hopes of making large returns very soon. In the meantime, news has surfaced regarding Rebel Satoshi ($RBLZ), an anticipated meme coin, which raised $1.5 during its presale.
Shiba Inu Soars 3% in Just One Week: Is There Still Room for Growth?
Throughout the last seven days, Shiba Inu has done fairly well. SHIB was trading at about $0.00000959 on January 5. SHIB began to rise on January 10 after maintaining this level for several days, propelled by the bullish mood in the cryptocurrency market following the SEC’s approval of a spot Bitcoin ETF.
Following the Shiba Inu team’s January 11 burn of 9.35 million SHIB, this upward trend persisted. SHIB therefore surged to 0.00001048 on January 11. With the euphoria surrounding this news waning, SHIB began to reverse its development trajectory. SHIB reached a stable price of approximately $0.00000990 by January 12. At this pricing, SHIB has experienced a weekly gain of 3.23%.
Notably, analysts predict that SHIB will keep declining as long as the cryptocurrency market remains upbeat. For this reason, analysts have set the SHIB projection for the end of January at $0.00000956. Adding SHIB to the list of altcoins to keep an eye on is this forecast.
Pepe Increases 13% in Just One Week: Will Bulls Last?
Over the last seven days, PEPE has demonstrated amazing performance. PEPE was trading at about $0.000001193. on January 5. Following days of sluggish trading, PEPE finally started to move on January 10 when the SEC approved spot Bitcoin ETFs, sparking a huge buying frenzy in the wider cryptocurrency market. PEPE consequently surged to a peak of $0.000001490 on January 11.
But as the enthusiasm surrounding this positive news subsided, PEPE started to decline. PEPE leveled off at about $0.000001357 by January 12. At this pricing, PEPE has increased by 13.75% in just one week. Do you think PEPE is a good cryptocurrency to acquire now in order to get huge returns shortly, given its impressive success thus far?
Analysts predict that PEPE will keep losing value and end the month at $0.000001268. This prediction is based on analysts’ assumption that PEPE will drop as traders sell their shares in order to profit from the spot increase in Bitcoin ETF prices.
Rebel Satoshi Surges 120% to Become the Most Popular Meme Coin!
After generating $1.5 million during its public presale, Rebel Satoshi—a revolutionary meme coin that aims to challenge centralization and alter the cryptocurrency space—has emerged as the greatest cryptocurrency to purchase. It’s interesting to note that Rebel Satoshi completed this task in just over two months.
The rising demand for Rebel Satoshi’s native $RBLZ coin is what’s causing this phenomenal rise. Because $RBLZ is the pass to the Rebel Satoshi ecosystem, investors are buying it. Investors are also purchasing $RBLZ because, in contrast to other meme currencies, it has a 250 million supply cap.
