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- The avalanche has increased by 100% so far in 2023
- Litecoin has failed to take off from the $70 level in 2023
- Rebel Satoshi attracts investors in ongoing pre-sale
Avalanche (AVAX) and Litecoin (LTC) are bullish in December, attracting investors. At the same time, Rebel Satoshi (RBLZ), a new meme coin that is in pre-sale, is in the spotlight.
The avalanche will increase by 100% in 2023
AVAX rose in 2023. On January 1, it traded around $10.90 before hitting a high of $21.36 in February amid news that Avalanche facilitated more bitcoin transfers than the Lightning Network.
After a period of decline, it rebounded in November following a $10 million investment in the Avalanche ecosystem by Colony Lab to support expansion.
As of early December 2023, it had stabilized at around $21.81, representing a 100% increase this year.
Analysts attribute the recent price gains to the increased activity in Avalanche sparked by the Colony Lab funding.
Some predict that AVAX could reach $24.31 by the end of December 2023. Longer-term forecasts based on expected growing adoption peg its potential value at $54.14 by the end of 2025.
As activity on the network increases, advocates highlight Avalanche's technically advanced consensus protocol, capable of scaling to meet global financial demands, as a positive indicator for future growth.
Litecoin stagnates around $70
Litecoin has performed poorly so far in 2023.
On January 1, LTC was around $70.00. It then gained bullish momentum in anticipation of its August halving.
As a result, the currency rose to $113.23 in July. However, it failed to maintain these gains before retreating.
In December, Litecoin had stabilized at around $71.60. This price means that LTC has only gained 2.29% since the beginning of the year. As a result of this lackluster performance, some investors are diversifying and looking for alternatives.
According to experts, LTC will gain marginally to close 2023 at $73.95. In the long term, experts set the LTC prediction for the end of 2025 at $185.79.
Rebel Satoshi pre-sale in progress
rebel satoshi is a new meme-themed crypto project that cultivates a decentralized community and ecosystem.
Its governance and membership token, RBLZ, entitles its holders to participate in features such as staking, NFTs, money-making games, and community governance.
Rebel Satoshi sold out its Early Bird token sale round. As of December 2023, the project is in its Rebels Round 1 pre-sale phase with an RBLZ price of $0.013. The target trading price once the pre-sale ends is $0.025.
RBLZ payments are accepted in over 50 cryptocurrencies, including bitcoin, providing flexible options for taxpayers.
For the latest updates and information, visit the official site Rebel Satoshi pre-sale website or contact Rebel Red via Telegram.
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