TLDR
- Ethereum Classic will undergo a hard fork expected to happen on January 31, 2024
- DeFi researcher questions Injective’s rise in 2023 with conflicting on-chain metrics.
- Investors stand to benefit from one last surge in Rebel Satoshi‘s presale before it launches.
With 2024 around the corner, which crypto to buy between Ethereum Classic (ETC), Injective (INJ), and Rebel Satoshi ($RBLZ) can boost your financial game?
Ethereum Classic will undergo a hard fork at the start of next year. While Injective has experienced a massive surge, some critics have questioned whether this is sustainable. Finally, the new Rebel Satoshi is preparing to get officially launched after a fast-selling presale.
Ethereum Classic Prepares to Undergo Network Upgrade
It’s rare for Ethereum Classic to experience developments, a stark contrast to its namesake counterpart, Ethereum. It plans to initiate a hard fork dubbed the ‘Spiral Upgrade.’ The blockchain will activate the upgrade at block 19,250,000, estimated for January 31, 2024.
Ethereum Classic developers encourage miners and exchanges to keep their software updated. They also suggested the upgrade will ‘bring the ETC Network to parity with upstream EVM standards, facilitating contract development and migration.’
The ETC price is currently worth $21, close to its yearly high of $23.39. With bullishness expected across top altcoins in 2024, estimates imply a minimum trading range of $25-50 for Ethereum Classic.
DeFi Researcher Labels Injective As Overvalued
While Bitcoin and other top crypto coins were under considerable bearish stretches, Injective has maintained a parabolic run in 2023. The INJ price is up 2895% (or 29.95x) from $1.25 to $37.44.
Despite this, one Thor Hartvigsen, a decentralized finance (DeFi) researcher, feels Injective Protocol is overvalued. As a data-driven analyst, the on-chain analysis does align with his sentiment.
In an X/Twitter post on December 14, 2023, Hartvigsen highlighted Injective’s low total value locked (TVL) of $11 million. Surprisingly, only seven protocols have been launched on Injective since inception. For now, Injective is somehow performing counter to these startling analytics.
Meanwhile, the big ‘Volan Upgrade’ teased earlier for a December 2023 launch is still awaited. This could further boost INJ in 2024, with forecasts implying a minimum trading range of $50-150.
Now, let’s learn more about Rebel Satoshi and its latest developments.
One Last Surge for Rebel Satoshi Before It Officially Launches
Rebel Satoshi is an incomparable meme token seeking to rewrite the crypto landscape. The project is determined to challenge the old guard in the modern centralized financial system. If it means disrupting established authorities, Rebel Satoshi will fulfill the mission. Rebel Satoshi represents social justice inspired by Guy Fawkes. Also, it’s a rally for decentralized finance in tribute to Satoshi Nakamoto.
Despite these far-reaching ambitions, Rebel Satoshi stays true to community-building, fostering virtual gatherings and interactive quests in a rebel setting. The Rebel Artefacts Vault is another element in keeping with the project’s unique meme rebel themes.
Members can wallow in an engaging NFT marketplace with 9,999 rebel-inspired collectibles and digital art characters. The medium of exchange to participate in the Artefacts Vault is the $RBLZ token. It provides further benefits through impressive staking rewards where users ‘lock up’ their tokens to secure the blockchain and autonomously confirm transactions.
Investors have joined the presale for $RBLZ in droves, driving its price 100% since the Early Bird Round from $0.010 to $0.020. Current buyers are seeing a final 25% surge to $0.025 in the Citizen Round 3 sale. This event is set to conclude in February 2024, signaling Rebel Satoshi‘s official launch.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
