Shiba Inu and Dogecoin face competition from new crypto
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- Shiba Inu may fall below $0.0000075.
- Dogecoin consolidates but remains below $0.090.
- Rebel Satoshi presale in progress
Shiba Inu (SHIB) and Dogecoin (DOGE) have lagged in the recent crypto rally. In contrast, Rebel Satoshi (RBLZ) is being considered by investors.
Shiba Inu trades at support; Shibarium growing
SHIB recently rose to $0.0000095 on Nov. 11 before correcting. By Dec. 1, SHIB had declined by 12.6% to $0.0000083.
Even so, the Shiba Inu ecosystem is expanding, with the total number of wallets standing above 1.27 million and total transactions exceeding nine million in November on Shibarium.
Additionally, on Nov. 29, Shiba Inu launched the 4th Edition of the SHIB Magazine.
SHIB is trading at support. However, some analysts predict the token to fall below $0.0000075 in the coming sessions.
Dogecoin consolidates ahead of Doge Moon mission
Dogecoin is facing challenges in the current bear market but rebounded last month.
With prices rising, DOGE rose to $0.086 by Nov. 17 before correcting. As of Dec. 1, DOGE had dropped by 3.4%, settling at around $0.083.
Meanwhile, a key development is news of the DOGE-1 Moon Mission, scheduled for launch on Jan. 12, 2024, after a nearly two-year delay.
While bullish, analysts don’t expect this to significantly impact DOGE prices. In their estimation, the coin will remain below $0.090 in the coming months.
Rebel Satoshi rising
Rebel Satoshi is a decentralized meme coin project built on Ethereum, inspired by Satoshi Nakamoto, the anonymous creator of Bitcoin.
The project aims to foster a community that challenges the status quo and promotes decentralization through playful and engaging meme culture.
At the heart of Rebel Satoshi lies RBLZ, which serves as its governance and membership token.
RBLZ holders will gain access to various features in the Rebel Satoshi ecosystem, including a staking pool, Rebel NFT Vault, Rebel Hall of Fame, and an upcoming play-to-earn (P2E) game.
In its presale phase, Rebel Satoshi has already surpassed 66% of its target for Rebels Round 1, with RBLZ priced at $0.013.
At the end of the presale, RBLZ will trade for $0.025 before listing on crypto exchanges.
Visit the official Rebel Satoshi presale website or contact Rebel Red via Telegram for more details.
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