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TLDR
- Binance Coin’s investor sentiment has fallen due to controversies around Changpeng’s exit as company CEO.
- BNB has already declined sharply, losing most of its November gains.
- RebelSatoshi ($RBLZ) has unveiled a meme coin ecosystem with high rewards and various real-world utilities.
Binance Coin (BNB) is struggling with declining investor sentiment after Changpeng Zhao resigned from the company. Most Binance coin holders were stunned to hear that the ex-CEO overlooked money laundering breaches on the network.
As BNB’s investor sentiment has declined sharply, investors are turning to RebelSatoshi – a revolutionary meme coin that offers a 150% ROI to early buyers in its ongoing presale. The project is all about creating high rewards for its community members. Yet, can $RBLZ become a top ICO project? Let’s hear what experts think.
Binance Coin Reels From Major Resignation
Binance Coin’s (BNB) investor’s sentiment has suffered a significant blow after the resignation of Binance’s Founder and CEO, Changpeng Zhao. On November 28, 2023, Binance announced the sad news. Yet, the controversies around his resignation had mounted up weeks before. Binance Coin’s (BNB) community was stunned to hear that its former CEO had violated anti-money laundering laws.
Following the news, several traders rushed to dump their Binance Coin holdings. Data from DeFiLlama showed a decline in on-chain transactions on Binance as negative sentiment around the exchange increased. The news further dampened Binance Coin’s prospects despite the ongoing bullishness in the crypto market.
BNB cost $228.00 as of November 1. Due to rising market bullishness, BNB soared by 11.29% to $253.76 on November 15. However, controversies around Binance’s violation of money laundering began building up. After Changpeng’s resignation on November 28, BNB fell by 9.4% to $229.69.
Analysts are speculating over how long Binance Coin’s negative sentiment would last. Some say investors will increase their trading activity on other exchanges outside Binance. This could push demand for Binance Coin to low levels, thus pushing BNB up by 7.5% to $212.34.
Rebel Satoshi Presale Offers 150% Increase
RebelSatoshi ($RBLZ) is a Bitcoin-inspired meme coin project that aims to realize the true potential of a fully decentralized network. The project aims to create value for its community members via a meme coin that stands out for having several real-world utilities. Rebel Satoshi wants to be a game changer by showing investors the full benefits of decentralization.
It offers a community where humor, fun, and recognition of members are guaranteed. Rebel Satoshi also provides services that will continuously bring wealth to community members. Some of these services include NFT trading and a high-quality NFT collection. RebelSatoshi also offers coin staking and a play-to-earn game, which will come at the latter stages of its development.
Rebel Satoshi employs deflationary mechanics in the management of its $RBLZ token. Issued on Ethereum, RebelSatoshi’s $RBLZ token has a fixed supply of 250 million. The project will burn tokens occasionally to combat inflation while increasing $RBLZ’s value. There are no buy or sell taxes on $RBLZ tokens. Analysts say combining such services and a fair tokenomics model could make RebelSatoshi one of the top DeFi projects.
RebelSatoshi just kicked off a blockchain ICO. It is now in the Rebels Round 1 of its presale, trading at $0.013. By the next round, $RBLZ’s value would have jumped by 38.46% to $0.018. $RBLZ would keep soaring as Rebel Satoshi’s popularity rises. However, $RBLZ will get listed when its value reaches $0.025.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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