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Can this new crypto outperform Avalanche and Litecoin?

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Avalanche is up 100% thus far in 2023
Litecoin has failed to take off from the $70 level in 2023
Rebel Satoshi draws investors in ongoing presale

Avalanche (AVAX) and Litecoin (LTC) are bullish in December, attracting investors. Concurrently, Rebel Satoshi (RBLZ), a new meme coin conducting its presale, is in focus.

Avalanche surges 100% in 2023

AVAX rose in 2023. On Jan. 1, it traded around $10.90 before peaking at $21.36 in February amid news of Avalanche facilitating more Bitcoin transfers than the Lightning Network.

After a period of decline, the rebounded in November following a $10 million investment into the Avalanche ecosystem by Colony Lab to support expansion.

By early December 2023, it had stabilized at approximately $21.81, representing a 100% rise this year.

Analysts attribute recent price gains to growing activity on Avalanche sparked by the Colony Lab funding.

Some predict AVAX could reach $24.31 by the end of December 2023. Longer-term forecasts based on expected increasing adoption peg its potential value at $54.14 by the end of 2025.

As activity on the network picks up, proponents highlight Avalanche’s technically advanced consensus protocol, capable of scaling to meet global financial demands, as a positive indicator for future growth.

Litecoin flatlines around $70

Litecoin has performed poorly thus far in 2023.

On Jan. 1, LTC was hovering around $70.00. It then gained bullish momentum in anticipation of its halving event in August.

As a result, the coin surged as high as $113.23 in July. However, it failed to maintain these gains before retracing.

By December, Litecoin had stabilized at around $71.60. This price means LTC has only gained 2.29% since the start of the year. As a result of this lackluster performance,

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