Solana Anticipated 2023 Revival Faces Competition from a Promising New Cryptocurrency

2023-11-28 21:00

TLDR Solana loses 8.2% after SEC files lawsuit against Kraken.  A meme coin challenging centralized systems is making waves in the crypto world.  With its eyes set on a $100 million market cap, the new coin is expected to lead the top ICO list. 

In its lawsuit against Kraken, the SEC also mentioned Solana (SOL) and Cardano (ADA). In the meantime, a new meme is attracting the attention of investors. The new coin is making waves after showing growth in the early round of its presale. 

Let’s review the latest about SOL and find out more about the new coin that has made it to the list of the best new ICOs!

SEC’s Lawsuit Against Kraken Spells Trouble for SOL

On November 20, 2023, the SEC filed a lawsuit against Kraken, one of the leading crypto exchanges. The lawsuit has alleged Kraken of violating several federal securities laws. In the lawsuit, the SEC has also mentioned Solana and Cardano. 

SOL has been under pressure recently as the SEC alleges that the native token of Solana, SOL, is an unregistered security. As a result, the price of SOL has taken a dip since the news of the lawsuit came out. SOL lost 8.2% in value from November 20 to November 23. In the four days, the native token of Solana went from $61.37 to $56.29. 

The Solana price prediction for 2024 shows that SOL could trade at $104.72 if market sentiments turn bullish. However, in case of bearish sentiments, the native token of Solana will end up at $84.91 by the end of 2024. 

$RBLZ Leads New DeFi Projects With Its Eyes Set on a $100 Million Market Cap

RebelSatoshi (RBLZ) is a meme coin that intends to combine playfulness and purpose in its mission against the existing norms. Rebel Satoshi aims to lead the rebels into the battle against the system that only favors the elite. 

$RBLZ, the native token of RebelSatoshi, is the beacon of hope for everyone fighting against the centralized systems. With the help of $RBLZ and the rebels, Rebel Satoshi aims to show the world the power of unity and decentralization. 

With its eyes set on a $100 million market capitalization, $RBLZ has established itself as one of the best new ICOs. Rebel Satoshi also plans to launch 9,999 exclusive and rare NFTs for NFT enthusiasts. 

Presently in the Early Bird Round of its presale, Rebel Satoshi is available for $0.010 per $RBLZ. By the next round, the price of $RBLZ will see an increase of 29% to reach $0.013. Early investors can expect a 150% return on investment as $RBLZ is estimated to reach $0.025 after Rebel Satoshi’s official launch. 

The expected return, investment benefits, and an exclusive collection of NFTS make Rebel Satoshi and its token $RBLZ different from other memes. As a result, $RBLZ is ideal for people looking for their next best crypto investment opportunity. 

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 Solana Anticipated 2023 Revival Faces Competition from a Promising New Cryptocurrency appeared first on CaptainAltcoin.

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