Polygon (MATIC) And BONK Are Trading In The Red As Investors Acquire More $RBLZ Tokens On The Rebel Satoshi Presale

TLDR

  • Polygon plunges 4% in a week, but analysts believe a resurgence is coming soon.
  • Bonk shed 15% in a week, but experts foresee bulls taking over by month’s end.
  • Rebel Satoshi continues attracting investors as it prepares to launch in February.

Top crypto coins like Polygon (MATIC) and Bonk (BONK) have bled significantly as the crypto market struggles to emerge from a renewed bear market. As a result, investors have turned their focus on Rebel Satoshi ($RBLZ), an upcoming meme coin that has raised close to $1.8 million during its public presale.

Why are Polygon and BONK investors shifting their attention to Rebel Satoshi? Let’s find out!

Polygon Dips 4% in a Week: Will Bears Persist?

Polygon has performed deplorably over the past seven days. On January 30, MATIC was trading at around $0.81. MATIC gained traction on January 31 due to the news of Wirex opening early access to Wpay, a decentralized payment network that leverages Polygon. The resulting uptrend saw MATIC trade as high as $0.83 on January 31.

However, the buzz about this news diminished quickly, forcing MATIC to start correcting downward. By February 6, MATIC had stabilized at around $0.77. This price means MATIC has plunged 4.94% in a week. This subpar performance explains why investors are dumping MATIC.

Despite this poor performance, experts believe MATIC will change course and climb to $0.85 by the end of February. Experts peg this forecast on Polygon getting more adoption after upgrading to a Type 2 zkEVM network on February 6. This forecast makes MATIC a good crypto to buy!

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!

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BONK Plummets 15% in a Week: When Will Bulls Take Over?

BONK has performed abysmally over the past seven days. On January 30, BONK was changing hands at around $0.00001199. BONK plunged despite the bullish February 1 news of BONK DAO voting to make a $500,000 investment in Colosseum, an early-stage startup fund dedicated to supporting projects on the Solana blockchain.

The resulting downtrend saw BONK trade as low as $0.00000968 on February 5. However, BONK experienced a slight upward correction. By February 6, BONK had stabilized at around $0.00001009. This price represents a 15.85% loss in a week, explaining why investors are abandoning BONK.

Nonetheless, experts believe BONK will gain traction and climb to $0.00001200 by the end of February. This forecast makes BONK a top crypto to buy! Experts peg this prediction on BONK surging as more investors participate in a competition to create a Valentine’s Day card featuring the iconic Shiba BONK dog. 

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Rebel Satoshi Forges Ahead After Jumping 120% and Promising More Gains!

Rebel Satoshi, a new meme coin that aims to transform the crypto space by combating centralization, has stolen the limelight from top altcoins after raising close to $1.8 million during its ongoing public presale. Consequently, investors have flocked to Rebel Satoshi to buy its governance and membership token, $RBLZ

Investors are purchasing $RBLZ because it features a supply cap of 250 million tokens, which is lower than most meme coins. Moreover, investors consider $RBLZ the best crypto to invest in now because it offers access to the entire Rebel Satoshi ecosystem, which comprises a P2E game, a staking program, and an NFT marketplace. 

By February, Rebel Satoshi was underway with Monarchs Round 4 of its presale. $RBLZ’s price during this round was $0.022. By surging to $0.022, $RBLZ has generated a 120% ROI for Early Bird Round 2 investors. Notably, this yield will increase to 150% when $RBLZ attains its listing price of $0.025.

It is worth pointing out that Monarchs Round 4 investors will enjoy a 9.09% ROI when $RBLZ enters Recusants ROund 5 at $0.0224. When $RBLZ climbs to its end-of-presale price of $0.025 by the end of February, Monarchs Round 4 investors will realize a 13.64% ROI. Additionally, experts believe $RBZ will pump further when it gets listed on top DEXs.

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. This content was not written by CaptainAltcoin’s team. 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.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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