Key Takeaways:
- The Render (RNDR) token is predicted to drop below $10 going forward.
- The Akash Network (AKT) token is set to correct below $5.50, according to experts.
- Coinbase expresses concerns about the recent rally in the AI tokens. Rebel Satoshi ($RBLZ) launches on exchanges as its NFT marketplace, arcade, and staking goes live
With the surge in the market, Coinbase has commented that the AI token surge might be a bubble. Amid such a scenario, the best altcoins, like Render (RNDR) and the Akash Network (AKT), have surged massively. Meanwhile, Rebel Satoshi ($RBLZ) is teasing massive returns after its launch on exchanges and has become the best crypto to buy. Let’s understand what the experts say about the top altcoins like RNDR, AKT, and $RBLZ.
Render Continues To Scale New Heights as It Makes All-Time High
The Render (RNDR) token has been one of the top gainers in the current market rally. However, due to market volatility at the start of February, the Render (RNDR) token was at $4.26 on February 7. Since then, the Render (RNDR) token has risen remarkably along with the market.
On March 11, the Render (RNDR) price was at its all-time high of $12.64, with a surge of 196%. Another major factor, along with the market surge, was the massive AI boom and growth in the Render (RNDR) ecosystem. On February 24, Render (RNDR) and Solana Foundation joined forces to study the convergence of AI and DePIN.
However, despite these developments, experts predict a correction in the Render (RNDR) token. They foresee that the Render (RNDR) price will drop below $10 in the coming months.
The Akash Network Rises to New Yearly Highs Amid Coinbase Listing
The Akash Network (AKT) token was trading sideways even in the current market rally. As a result, the Akash Network (AKT) price was hovering around $3.95 on February 26. However, on February 26, Coinbase announced that the Akash Network (AKT) is going to be listed on the exchange.
With this announcement, the Akash Network (AKT) token has entered into a bullish zone and risen to a new yearly high. On March 11, the Akash Network (AKT) rose to $6.46 with a rally of 63.5%. Amid the surge in AKT, the Akash Network added a new set of providers to the APAC region, including Seoul, Tokyo, and Singapore.
Despite these developments, experts are bearish on the Akash Network (AKT) token going forward. They predict that the Akash Network (AKT) will drop below $5.50 in 2024.
Coinbase Expresses Concerns Regarding AI Tokens Surge
The recent rallies in AI tokens such as Render (RNDR) and the Akash Network (AKT) are evident above. However, David Han, a research analyst at Coinbase, has expressed his concerns about this surge.
According to the Coinbase Report released on March 6, the AI tokens are the top beneficiaries of a market rally. However, David Han believes that this rally is more because of the hype surrounding the AI space and not the actual growth. As a result, it is being perceived as a bubble, and only projects with actual use cases will flourish in the future.
This Coinbase Report reiterates the facts behind the predictions made by experts for Render (RNDR) and the Akash Network (AKT). These projects are bound to experience a correction as the hype cools down.
Rebel Satoshi Launches After a Massively Successful Presale
Rebel Satoshi is an innovative memecoin project and ecosystem inspired by Guy Fawkes and Satoshi Nakamoto. Rebel Satoshi aims to bring about a revolution and challenge the growing market centralization. The Rebel Satoshi rebellion is led by its Recusant community members.
The Rebel Satoshi movement is built on its ecosystem governance and membership token $RBLZ. The $RECQ token is the gas and transaction token for the Rebel Satoshi ecosystem and can be used to earn rewards. $RECQ is currently in presale, with an expected ROI of 525% at launch.
The total supply of the $RBLZ token is 250 million, and it is built on the Ethereum network. Rebel Satoshi aims to take the $RBLZ to a $100 million market cap and raised over $2.5 million during the presale.
The $RBLZ token rallied by 150% during the presale due to immense demand among investors. The presale ended on February 29, with the $RBLZ token getting listed on Uniswap and Coinstore on March 5. On March 7, Rebel Satoshi launched its updated website, and the NFT marketplace, $RBLZ staking pool, and arcade went live.
Hence, the $RBLZ token is being touted as the best crypto to invest in by experts right now.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
