2024-2-20 21:00 |
The cryptocurrency market is witnessing a surge of activity as two top DeFi projects, Cardano and Arbitrum, have seen significant price increases in the past week. This is due to the expectations surrounding Bitcoin’s (BTC) upcoming halving on April 29.
Meanwhile, the crypto community is eagerly anticipating the launch of a new meme coin, $RBLZ. Let’s get the latest on ADA, ARB, and $RBLZ and determine the best crypto to buy.
Cardano emerges among the top 50 blockchainsOn January 18, the Cardano Community official X account announced that Cardano was among the top 50 blockchains according to insights from analytics firm Crypto Valley (CV) VC. CV VC’s report showcased the development of blockchains like ADA and the broader crypto ecosystem across the Crypto Valley.
Following this report, Cardano (ADA) price has experienced a 15% surge from a closing price of $0.502 on January 18 to $0.577 on February 14. This has led Cardano experts to believe that a continued uptrend for ADA price is on the cards, coupled with a bullish crypto outlook. These ADA experts foresee ADA’s price hitting $0.73 before the end of April.
Conversely, other analysts sceptical about ADA’s growth and price indicators from ADA’s technicals are wary of a significant correction to the downside for ADA’s price. They expect the value of Cardano’s native token to hit $0.42, representing a potential 27% decline.
Arbitrum partners with Footium, triggering an ARB surgeOn February 9, Arbitrum revealed to its members that it was partnering with the leading GameFi project, Footium, to bring the multiplayer football gaming project into the Arbitrum ecosystem. This collaboration would see Arbitrum users capable of buying and selling Footium clubs on Arbitrum. They would also be able to own and manage their digital football club in the multiplayer game.
After this announcement, ARB has seen a modest increase from $1.98 on February 9 to close at $2.11 on February 14. This represents a 6.6% surge in the value of ARB. Consequently, analysts have expressed optimism for ARB’s future prices, as they expect the DeFi coin price to soar to $3.20 by mid-April. They cite growing on-chain activity as one potential driver for growth.
However, other experts have expressed dissatisfaction with ARB’s recent sluggish price movements. They foresee that low liquidity will send prices tumbling to $1.47 by March end. In the same vein, many analysts agree that Rebel Satoshi is poised for explosive growth as its highly anticipated listing approaches.
Rebel Satoshi listing could outshine previous investor favouritesRebel Satoshi, an emerging meme coin that aims to challenge the dominance of centralized exchanges, is set to launch its native token, $RBLZ, in the coming weeks. Rebel Satoshi is a revolutionary project that aims to empower users with more control, security, and privacy over their crypto assets. The project has already attracted a lot of attention and support from prominent figures in the crypto space and is poised for explosive growth.
$RBLZ’s launch will mark the beginning of a new era for the crypto community, as Rebel Satoshi will offer a whole ecosystem of decentralized services, such as swapping, lending, borrowing, staking, NFT minting, and earning rewards. The project is also fully community-driven, as the $RBLZ holders will have the power to vote on the governance and development of the platform.
The project has been conducting a series of presale rounds since November 2023, with 125 million $RBLZ tokens already sold. The final round, Recusants Round 5, is currently ongoing, and 78.1% of the preallocated round tokens have been bought for $0.024. After the current round, the listing of $RBLZ comes next in early March.
The token will be initially listed on a DEX to be announced soon, and the project is also in advanced discussions with a tier 1 centralized exchange (CEX) to increase its accessibility and liquidity to a wider audience. The claim process and vesting schedule for the presale participants will be released towards the end of the final round. Don’t miss the chance to be part of the Rebel Satoshi rebellion!
For the latest updates and more information, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.
The post Cardano (ADA) and Arbitrum (ARB) rally as excitement grows for upcoming Rebel Satoshi (RBLZ) DEX Launch appeared first on Invezz
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