The post 2023 Crypto Forecast: 3 Key Coins Poised for Exceptional Returns (DOGE, $RBLZ, CAKE) appeared first on Coinpedia Fintech News
TLDR
- Dogecoin looks quite likely to end 2023 on a high note due to the upcoming moon DOGE launch
- The second round for Rebel Satoshi‘s in-demand presale is imminent
- PancakeSwap may end the year trading for at least $3
While only a few weeks remain before the close of a rollercoaster 2023, analysts believe Dogecoin (DOGE), the new Rebel Satoshi ($RBLZ), and PancakeSwap (CAKE) are the top crypto coins.
Can Dogecoin continue to be the leading meme token? Does Rebel Satoshi ($RBLZ), another meme token, have a chance to go viral? Can PancakeSwap still be dominant in DeFi (decentralized finance)? Let’s compare the prospects for each project, starting with Dogecoin.
Dogecoin Moon Mission May Be A Catalyst For A DOGE Rally
It’s been some time since Elon Musk tweeted about Dogecoin in 2023. Yet, it doesn’t mean the high-profile billionaire cannot mention DOGE in his tweets before the end of the year or 2024.
Arguably, the biggest news for the Shiba Inu-branded meme token was the announcement of Astrobitic planning to send a physical DOGE to the moon. This is scheduled for December 23, 2023, via the ULA Vulcan Centaur Rocket.
The development positively impacted DOGE with a 10% increase from $0.075 to $0.083. December 23 is perfect timing before the end of the year, giving DOGE a rally catalyst. Predictions imply that it may reach a minimum of $0.090 or higher by 2024.
Dogecoin’s space initiative happened due to the efforts of enthusiasts. Similarly, Rebel Satoshi will demonstrate the power of a unified community to rebel against the status quo.
Rebel Satoshi Is Close To Reaching The Second Round Of Fast-Selling Presale
Rebel Satoshi is a rebel-themed meme coin inspired by Satoshi Nakamoto’s defiance against the unjust centralized financial system. It’s a project to continue his rebellion, which led to the creation of Bitcoin, indirectly motivating Dogecoin and kickstarting the ever-growing meme coin market.
Despite having a moral philosophy, Rebel Satoshi is a place for amusement and community-building. It offers users the Rebel Meme Hall of Fame to express their best ‘Recusant’ memes while earning popularity and laughter from other rebels.
Members can add to their holdings of the most popular NFTs with the Rebel Artefacts Vault. Here, Rebel Satoshi presents an NFT marketplace of almost 10,000 limited-edition collectibles and digital art. Finally, members can earn from staking the $RBLZ token.
Unlike DOGE or CAKE, $RBLZ boasts a fixed supply of 250 million to encourage scarcity and combat inflation. The presale for Rebel Satoshi began on Bonfire Night (November 05, 2023), a nod to Guy Fawkes, who is another project reference. Miraculously, Rebe Satoshi sold 10 million $RBLZ in 48 hours.
Fortunately, the price is at a low $0.010, with the presale close to heading to its second stage, ‘Rebel.’ Three more rounds will occur, each with incremental price rises. $RBLZ is anticipated to be worth $0.025 by the presale end, representing a cool 150% gain!
PancakeSwap Remains One Of The Leading DeFi Platforms
The CAKE price has enjoyed a decent push in the past month, rising 124% (or 2.24x) since mid-October 2023 from $1.05 to $2.36. PancakeSwap remains one of the best DeFi projects, an impressive feat given the stiff competition.
But on the other hand, decentralized finance has been plagued by scams. Yet, for investors who allocate what they can afford to lose, PancakeSwap provides some incredible annual percentage yields with various DeFi activities. Unlike $RBLZ, the CAKE token is inflationary since it doesn’t have a fixed supply. Among other factors, this has contributed to its massive downfall since 2021.
For now, reasonable forecasts hint that CAKE may close the year at a minimum of $3. Considering that the token is far from it’s all-time high of $44, investors will want to consider it for the long term.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram