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TRON and Polygon Investors Eye Rebel Satoshi as the Next Big Crypto Investment

TRON and Polygon Investors Eye Rebel Satoshi as the Next Big Crypto Investment

TLDR

  • TRON plunges 3% in a week, and more losses are coming by month’s end.

  • Polygon loses 10% in a week, but experts expect bulls to come soon.

  • Rebel Satoshi has generated a 120% ROI thus far, with more presale gains coming.

Top altcoins like TRON (TRX) and Polygon (MATIC) have performed poorly as the crypto market continues battling a renewed bearish force. On the other hand, Rebel Satoshi ($RBLZ), an emerging meme coin, has left mainstream investors in awe after raising over $1.5 million during its ongoing public presale.

Why are TRON and Polygon investors gravitating toward Rebel Satoshi? Continue reading to find out!

TRON Dips 3% in a Week: More Losses Incoming?

TRON has performed unsatisfactorily over the past seven days. On January 15, TRX was changing hands at around $0.1130. Notably, TRX reached this level due to the January 13 news of Justin Sun announcing that the USDT circulating on the TRON network had surpassed $50 billion. 

However, as the excitement around this announcement diminished, TRX began retracing its growth. TRX gained traction on January 19 after TRON partnered with HTX DAO but failed to recover the $0.1100 level. By January 22, TRX had stabilized at around $0.1095. This price means TRX has plunged 3.10% in a week. 

Based on this lackluster performance, is TRX a good crypto to buy now? According to experts, TRON will continue its downtrend to close the month at $0.0892. Experts peg this prediction on investors dumping TRX as they take profits from the recent rally that saw it surpass $0.1100. 

Polygon Sheds 10% in a Week: Will Bulls Return Soon?

Polygon has performed dismally over the past seven days. On January 15, MATIC was hovering around $0.8497. After holding this level for two days, MATIC began declining on January 18 after Celcius Network transferred 22.72 million MATIC to Binance, triggering a massive selloff. 

This bearish sentiment saw MATIC plunge as low as $0.7446 on January 19. After a partial recovery, the January 21 news of Bithumb suspending MATIC trading due to network problems forced the token to plunge again. By January 22, Polygon had stabilized at around $0.7589. This price means MATIC has plummeted 10.69% in a week.

So, does Polygon pass muster as a top crypto to invest in? Per analysts, MATIC will gain more adoption once trading resumes on Bithumb. To this end, experts predict…

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