- Polygon (MATIC) has fallen below $1.
- Blur’s performance has improved amid growing NFT activity.
- RebelSatoshi ($RBLZ) has raised $1 million from token sales in its ongoing presale.
Polygon (MATIC) could reclaim the $1 mark after its bull run in January. OKX is still a major threat to Blur despite the latter’s recent rally.
Yet, both tokens can’t match RebelSatoshi, a Bitcoin-inspired meme network with staking and NFT trading privileges. Are these services enough to make it one of the best cryptocurrency investments? Let’s hear from Rebel Satoshi’s backers.
Polygon Hits $1 Briefly Amid Its Recent Bullish Run
Polygon (MATIC) has soared since the final quarter of 2023. Its market capitalization has risen by over $3 billion since early November. Polygon’s (MATIC) rise coincided with demand for spot crypto ETFs, which triggered a bull run for most top altcoins.
MATIC traded at $0.6681 by the start of November. A month later, Polygon’s MATIC traded at $0.7995, jumping by 19.6%. It climbed by another 27.0% to $1.0157 in early January. However, its momentum dropped, and it fell by 15.7% to $0.8554.
December 2023 was a stellar month for Polygon (MATIC) as its zkEVM network activity increased. Daily active addresses on Polygon’s zkEVM had grown by 202%. Daily transactions have also increased by 134%, indicating a growing interest in Polygon’s zkEVM.
Analysts expect this growth to continue due to the rise of DeFi services in December 2023. This could push MATIC up by 35.2% to $1.1567. If Polygon (MATIC) rises further, it could be one of the top DeFi projects in the crypto industry.
Blur’s Market Capitalization Doubles Amid Competition From OKX
Blur, like other NFT marketplaces, suffered a sharp decline in trading activity for a large part of 2023. Yet, NFT activity rose significantly in the final quarter of last year. OKX surpassed Blur in NFT trading activity. Still, Blur’s market performance has increased since November.
BLUR sold at $0.3752 in early November. At the start of December, BLUR’s value increased by 48.2% to $0.5561. Following subsequent market fluctuations, BLUR’s value dropped by 5.6% to $0.5249.
Analysts say Blur’s rise in December could be due to airdrop activity in November. Blur’s network activity jumped as many users worked to meet its airdrop requirements. Analysts say NFT activity will rise further, thus boosting network activity on Blur. If things go as expected, BLUR could jump by 40.6% to $0.7381.
RebelSatoshi Gears up for Upcoming Launch As Excitement around its Presale Builds
Rebel Satoshi ($RBLZ) was born out of a deep desire to inspire a decentralized revolution within the crypto community. The project reflects the desires of many in the crypto industry who want to challenge established narratives around wealth distribution.
RebelSatoshi ($RBLZ) leverages the dynamics of meme coins to offer a network with social benefits and valuable wealth-creation opportunities.
Aside from the social benefits of belonging to a meme community, Rebel Satoshi members also enjoy access to special services like NFT trading and coin staking. The project plans to raise a market capitalization of $100 million. RebelSatoshi aims to achieve its goals by leveraging the power of a decentralized movement.
Furthermore, its token dynamics will ensure that more value accrues to holders. $RBLZ is a deflationary token with a maximum supply of 250 million. The network will employ regular burn mechanisms to increase $RBLZ’s scarcity, thus boosting its value. Furthermore, there is no buy or sell tax for trading $RBLZ.
Several investors have quickly bought into the vision of Rebel Satoshi ($RBLZ). Since its presale started, 96 million tokens have been purchased by eager investors. Due to high demand for RebelSatoshi, the last two rounds of its presale sold out within 25 days.
Now, $RBLZ trades at $0.020 after growing by 100% from its initial value. By the next round of its presale, $RBLZ would jump to $0.022. There are high anticipations over $RBLZ’s listing which will happen in February 2024.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
