TLDR Litecoin reached a historic feat of over one million transactions in one day Cosmos community vouches to reduce ATOM token inflation Rebel Satoshi entered Rebel’s Round 1

Litecoin (LTC) and Cosmos (ATOM) look to sustain their bullish momentum and reaffirm their status as the best cryptos to buy. However, a new cryptocurrency has emerged with the potential to outperform them.

This fresh meme token is expected to be viral due to its rebellious cause. The fast-moving presale for this platform is a sign of further exciting developments. Stick around until the end after learning about the news for Litecoin and Cosmos.

Since the blockchain’s historic third halving in August 2023, little has happened for Litecoin. But this doesn’t mean investors have disregarded the project as a future top ten cryptocurrency. Much on-chain evidence aligns with this sentiment.

Litecoin reached more than a million transactions on November 14, 2023 (according to IntoTheBlock), the highest since its inception. While an incredible historical figure, it’s not necessarily a big deal. 

IntoTheBlock notes that roughly 82% of the transactions were worth up to $1, with 6% valued above $100. But on the same day, 88% of the 1.16 million active addresses for Litecoin came from first-time transactions, suggesting new users.

After LTC fell 15% since mid-November from $76.80 to $65.25, it’s now trading at $71. 2024 could be the year when the expected results of the halving translate on the charts. Still, conservative forecasts indicate LTC is likely to trade in the $80-150 range (or higher).

Since launching in 2016, Cosmos’ ATOM token has remained inflationary. This is set to change following a recent proposal to halve the supply of ATOM. An overwhelming 93% of 83,270 users were in favor of this change. The plan is to reduce ATOM inflation from 14% to 10%. 

But, sadly, such a move will lead to a decrease in the staking yearly yield from 19% to 13.4%. Cosmos believes the benefits outweigh the drawbacks, as the long-term goal is to control inflation and keep ATOM more scarce.

ATOM looks to surpass its monthly high of $10.58, currently trading at $8.95. If the proposal is still favored, it will be key for ATOM’s prospects in 2024, with forecasts suggesting a minimum yearly peak of $15.

Meanwhile, the new Rebel Satoshi provides better tokenomics due to its fixed supply. But the benefits only get better. Let’s learn about the meme coin.

Rebel Satoshi transfers the rebellious passion of Guy Fawkes and Satoshi Nakamoto into the burgeoning meme coin market. With a galvanized community, the project challenges centralized structures while promoting fun, unity, and rewards. These elements make Satoshi Nakamoto a truly unique meme crypto to buy.

Unlike banks with measly savings yields, users can earn excellent returns from staking the $RBLZ token. This is also crucial for having the project’s blockchain ticking along and keeping the uprising alive.

Rebel Satoshi will also have a hand in the most popular NFTs with the Rebel Artefacts Vault. Explore a treasure chest of 9,999 unique limited-edition collectibles and digital art expressing the project’s story.

In honor of Guy Fawkes, Rebel Satoshi‘s presale began on November 05, 2023, or Bonfire Night. Rebel Satoshi has successfully ended the Early Bird Round and entered Rebels Round 1. Grab $RBLZ while still trading for $0.013 before it increases by 38% to $0.018.

In another symbolic nod to Fawkes, Rebel Satoshi will ‘burn’ any unsold tokens after the presale This makes $RBLZ more deflationary, given it has a fixed supply of 250 million. Expect a 92% gain (among other exciting events) as the projected new token price is $0.025.

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

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post Evaluating a New Cryptocurrency’s Potential to Outperform Litecoin and Cosmos appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

358 +