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TLDR
- Arbitrum plunges 6% in a week, but analysts believe bulls are coming soon.
- Optimism dumps 8% in a week, but experts foresee a resurgence by month’s end.
- Rebel Satoshi continues making headlines after raising over $1.5 thus far during its presale.
As the crypto market struggles to overcome the current bearish sentiment, top altcoins like Arbitrum (ARB) and Optimism (OP) have recorded notable losses. On the other hand, Rebel Satoshi ($RBLZ), an emerging meme coin, has taken the crypto space by storm after raising over $1.5 during its ongoing public presale.
Which is the best investment between Arbitrum, Optimism, and Rebel Satoshi? Continue reading to find out!
Arbitrum Plummets 6% in a Week: What’s Coming Next?
Arbitrum has performed deplorably over the past seven days. On January 19, ARB was changing hands at around $1.88. ARB maintained this level for days before bears took over on January 22. Specifically, ARB tumbled after Concentric.Fi, an Arbitrum-based project, suffered a $1.72 million hack on January 22.
This bearish news saw ARB trade as low as $1.56 on January 23. However, the news of Arbitrum offering The Beacon, an on-chain game by TreasureDAO, a grant saw ARB recover partially. By January 26, ARB had stabilized at around $1.75. This price means ARB has shed 6.91% in a week.
According to experts, ARB will record marginal gains to close the month at $1.78. Experts peg this prediction on ARB gaining more adoption after social pie platform T2T2 expanded its protocol to Arbitrum on January 25. This forecast makes ARB a top crypto to buy!
Optimism Dips 8% in a Week: Will Bears Remain Dominant?
Optimism has performed dismally over the past seven days. On January 19, OP was hovering around $3.22. After trading sideways for days, ARB slumped on January 22 after news revealed that Smart Layer Network (SLN) had surpassed Optimism’s weekly transaction count.
This news saw OP trade as low as $2.63 on January 23. However, the news of Optimism open-sourcing a range of tools and libraries to developers saw OP recover partially. By January 26, OP had stabilized at around $2.94. This price means OP has dumped 8.70% in a week.
So, is OP good crypto to buy now, or is its downtrend set to continue? Per analysts, OP will gain steam as more developers join Optimism to leverage the open-sourced tools and libraries. To this end, analysts set the end-of-January OP prediction at $3.02.
Rebel Satoshi Nears Launching in February After Starting Monarchs Round 4!
Rebel Satoshi, a new meme coin, has left investors dumbfounded after raising over $1.5 million during its ongoing public presale. This burgeoning crypto project has reached this milestone due to increasing demand for its native $RBLZ token. $RBLZ doubles as Rebel Satoshi’s governance and membership token.
Investors are scrambling to buy $RBLZ because of its rich tokenomics structure. Specifically, $RBLZ features a supply cap of 250 million tokens and a deflationary mechanism to prevent inflation. On top of this, $RBLZ offers investors access to Rebel Satoshi features like an NFT marketplace, a stake-to-earn program, and an interactive P2E game.
By January, Rebel Satoshi had initiated Monarchs Round 4 of its ongoing presale, and $RBLZ price had surged to $0.022. This price represents a 120% gain from the Early Bird Round $RBLZ price of $0.010. Notably, Early Bird Round investors will realize a 150% ROI when $RBLZ climbs to its listing price of $0.025.
Meanwhile, Monarchs Round 4 investors will get a 13.65% ROI when $RBLZ hits $0.025. Furthermore, analysts believe $RBLZ will generate more returns after getting listed on leading decentralized exchanges in January. This prediction makes $RBLZ the best cryptocurrency to invest in today!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram