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- Shiba Inu falls 6% in a week
- Toncoin gains 2% in seven days
- rebel satoshi pre-sale attracting investors
The cryptocurrency market is currently divided, with major altcoins either experiencing minimal gains or succumbing to renewed bearish pressure.
This bearish sentiment has caused Shiba Inu (SHIB) to fall while Toncoin (TON) struggles to maintain its positive momentum.
In the midst of this, Rebel Satoshi (RBLZ), an upcoming meme coin, sold 10 million tokens in its public pre-sale.
Shiba Inu falls 6% in a week
Over the past week, SHIB fell 7% despite initial positive news cycles.
On November 15, SHIB was trading at around $0.000008371. It briefly spiked to $0.000009118 following announcements of a partnership between Shibarium and the Manny Pacquiao Foundation, but failed to maintain those gains.
As of November 22, SHIB had stabilized around $0.000007808 as volatility cooled and trading volumes declined from short-term highs.
Some analysts expect the token to reach $0.000007915 by the end of November.
His optimistic outlook cites reports on November 21 of a sharp increase in the SHIB burn rate.
Toncoin adds 2% in a week
Over the past week, TON has seen modest price gains following the announcement of the addition of a new decentralized finance (defi) functionality to the TON ecosystem.
On November 15, Toncoin was trading around $2.26 before briefly skyrocketing to $2.46 the next day, after details were revealed about a new token swap feature enabled through the TON Space wallet on Telegram.
Since then, TON has stabilized in the $2.30 range as of November 22. This represents approximately a 2% price increase over the period of approximately 7 days since the initial infrastructure update was released.
Some analysts speculate that the additional defi utility around TON could boost adoption if Telegram users take advantage of it heavily. Their forecasts see Toncoin reaching $2.60 by the end of November and $2.64 by the end of the year.
Investors examine Rebel Satoshi pre-sale
Rebel Satoshi, an emerging meme coin that challenges centralized crypto entities, has attracted significant investor attention during its public pre-sale.
The project aims to achieve a market capitalization of $100 million for its RBLZ by uniting the silent majority.
Rebel Satoshi plans an ecosystem with a staking program, a P2E game, and an nft marketplace to maintain post-pre-sale appeal, with RBLZ as the access key.
The ongoing public pre-sale offers RBLZ at $0.010 during the Early Bird Round, and prices increase to $0.013 when the Rebel Round begins.
RBLZ will trade at $0.025.
Visit to the officer Rebel Satoshi pre-sale website or contact Rebel Red via Telegram for more information
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