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Shiba Inu (SHIB) is doing all it can to be the leading meme token. Meanwhile, The Sandbox has reasserted dominance in the metaverse sector. Amid this landscape is a rapidly rising memecoin, Rebel Satoshi, that is capturing the imagination of the rebel-minded. 

The new meme coin is also appealing to other investors seeking an accessible beginner cryptocurrency with immense potential. Learn more about this exciting name after the news for Shiba Inu and The Sandbox.

Shiba Inu has been one of the most talked-about meme tokens and top altcoins, mainly thanks to the Shibarium network. The platform recently underwent an upgrade named ‘Sepolia,’ bringing a transaction speed boost, a cost reduction, and a more strategic token-burning mechanism. Speaking of ‘burning,’ this has been a common theme for Shiba Inu to decrease SHIB’s inflationary multi-quadrillion supply.

In other news, a major Japanese crypto exchange (Coincheck) has begun to provide trading services for SHIB. Another company in the exchange conversation is Binance. The world’s largest crypto trading platform now offers a new pair of SHIB against the First Digital USD (FDUSD) stablecoin.

Binance continues to boast the most trading volume for SHIB, steadily increasing its value in the past few weeks. Currently worth $0.00001002, SHIB estimates for 2024 and 2025 suggest minimum values of $0.000015 and $0.000025, respectively.

Existing LAND or ‘real estate’ owners on The Sandbox will be rewarded with a new token, CATALYST, to empower their contributions. With this ERC-155 token, they can mint so-called ‘ASSETs’ with a specific rarity: common, uncommon, rare, epic, or legendary.

Another interesting piece of news for this creative playground is the immortalization of the legendary late rapper The Notorious B.I.G. A 2D, arcade-like ‘The Brooklyn’ (homage to Biggie’s birth region) world is now on The Sandbox. Players can meet the rapper’s non-playable avatar, navigate numerous quests, confront ‘rivals,’ and do other tasks to mimic his up-and-coming rise.

This new addition to The Sandbox drove SAND to a monthly high of $0.59 before dropping to $0.52). Reasonable forecasters suggest SAND could be worth at least 0.65 by 2024 and $1.50 by 2025.

Finally, let’s observe the memecoin teased earlier, Rebel Satoshi ($RBLZ), and what it has in store.

The current market cap of meme coins is $22 billion. Rebel Satoshi seeks to add $100 million to this sizable figure on its quest for a decentralization movement in the current financial system. The project is slowly building an army of rebels to defy oppressive elites and redistribute wealth.

At the same time, Rebel Satoshi will embody meme culture while focusing on unity and enticing sustainable monetary rewards modeled after the best DeFi projects. A combination of virtual gatherings and interactive quests will regularly keep the fun going. 

And then, of course, there is the earning potential with the platform’s utility token RBLZ. Users need RBLZ to participate in the upcoming Rebel Artefacts Vault, an NFT marketplace of 9,999 rebel-themed digital art and collectibles. Alternatively, they can gain low-effort passive income from staking the token.

Rebel Satoshi’s presale began on Bonfire Night (November 5, 2023) to recognize one of its rebellious heroes, Guy Fawkes. The progress has been incredible, with over 57 million tokens sold, representing over $500,000 invested. $RBLZ is worth a low $0.018 in Warriors Round 2. 

Only two more rounds remain before the end of the presale and launch of Rebel Satoshi. 

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

The post Rapidly rising Memecoin captures attention from Shiba Inu and Sandbox investors appeared first on Invezz

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