- Optimism (OP) eyes a 46% price surge in 2024 with the latest expert predictions.
- Analysts foresee Ethereum (ETH) surpassing the $3,500 price mark by the end of 2024.
- Investors have diverted their attention away from top altcoins toward Rebel Satoshi (RBLZ) for a potential 10x gain.
Optimism (OP) has rallied after Moralis announced support for the platform. Meanwhile, Ethereum (ETH) soared amid growing optimism around Ethereum-ETF approval. On the other hand, Rebel Satoshi (RBLZ) has attracted investors with its stunning 150% growth prospects.
Here, we uncover the latest about OP, ETH, and $RBLZ to pick the best crypto to invest in!
Moralis Adds Support for Optimism, Enhancing Web3 Development Capabilities
On February 2, 2024, Moralis, a leading crypto data provider, unveiled its latest integration with Optimism, marking a significant milestone for Web3 developers. With this announcement, Moralis users now have access to Web3 APIs, simplifying the process of creating projects on OP Mainnet.
Developers can harness Moralis’s powerful tools to bring their dApps to life on Optimism, streamlining development processes and unlocking new creative possibilities in the Web3 ecosystem.
In terms of price performance, Optimism’s native token, OP, has demonstrated remarkable growth over the past week, with its price surging by 12.3%. The OP price soared from $3.0846 to $3.4652 in one week. So, is OP the best crypto to buy now?
Looking ahead to 2024, experts foresee a bullish trajectory for Optimism, predicting a price increase of 46% to reach $5.06 per OP by the end of the year. This optimistic outlook is fueled by the increasing popularity of Optimism as a scaling solution and the anticipation of an upcoming bull run in the cryptocurrency market.
However, in the event of bearish market sentiments prevailing, the price of OP may remain below $4.33.
Standard Chartered Bank Predicts Approval of Ethereum Spot ETFs
On January 30, 2024, Geoffrey Kendrick, head of Standard Chartered Bank’s forex and digital assets research, released a report indicating potential approval for Ethereum spot ETFs. Kendrick forecasts the approval of pending applications for ETH spot ETFs by May 23, highlighting the significance of this date, which is similar to January 10 for BTC ETFs.
The report cites the SEC’s non-classification of ether as a security in its legal actions against crypto firms and the listing of ETH as a regulated futures contract on the Chicago Mercantile Exchange as supporting factors for this expectation.
In terms of price performance, Ethereum’s native token, ETH, has demonstrated a remarkable surge over the past week, with its price climbing by 6.2%. From $2,298.28 one week ago, the ETH price has risen to $2,442.64.
Looking ahead to 2024, experts predict a bullish trajectory for Ethereum, with a projected ETH price surpassing the $3,500 mark to reach $3,792.32. This optimistic outlook is driven by the potential approval of Ethereum ETFs and the anticipation of an upcoming bull run in the cryptocurrency market.
However, if bearish sentiments dominate the market, Ethereum’s price may remain below $3,116.50.
Investors Turn to Rebel Satoshi’s Presale for Potential 10x Returns
As Optimism capitalizes on Ethereum’s market rally, savvy investors are beginning to shift their attention to one of the promising new ICOs: Rebel Satoshi. This emerging meme coin, Rebel Satoshi, is capturing the interest of the investment community, not just for its potential in the current market but for its vision of delivering over 150% gains.
Rebel Satoshi isn’t merely another addition to the expansive cryptocurrency universe. By challenging traditional financial paradigms and offering a platform for real-world applications and financial empowerment, Rebel Satoshi is setting a new standard for what cryptocurrencies can achieve.
The presale stages of Rebel Satoshi have been a testament to its soaring popularity and investor confidence. Starting at just $0.01 per $RBLZ, the Rebel Satoshi token price has climbed impressively to $0.0224 per $RBLZ by the Monarchs Round 4, marking a 124% increase. Now, Rebel Satoshi will enter the last stage of its presale, Recusants Round 5.
This momentum has been maintained by Rebel Satoshi’s successful raise of an amount close to $1.8 million in funding. The excitement for $RBLZ’s debut on Decentralized Exchanges (DEXs) in early March is at an all-time high.
Following the completion of Recusants Round 5 on February 29, 2024, Rebel Satoshi is poised for a 150% profit opportunity for those who invested early and remains accessible to a broad investor base, allowing purchases of $RBLZ tokens with the 50 top crypto coins, including Bitcoin.