TLDR
- Cardano introduces the Plutus V3 upgrade in preparation for the Chang hard fork.
- Anonymous ‘whale’ was discovered to have transferred about $14.7 million worth of XRP to Bitstamp.
- Meme coin Rebel Satoshi is about to embark on a DeFi movement once it officially launches next month.
Top 5 cryptocurrencies Cardano (ADA) and XRP (XRP) have recently gained noticeable momentum. Yet, Rebel Satoshi ($RBLZ) looks more promising for investors. This meme coin is days away from officially launching and kickstarting its disruptive goals in the financial landscape.
The clock keeps ticking with a dwindling supply of the project’s tokens in the presale. Find out how to get involved even at this late stage (before covering the news for Cardano and XRP).
Rebel Satoshi Will Soon Bring DeFi Movement As Its Official Launch Nears
The rally for decentralized finance will soon be amplified with Rebel Satoshi. Modeled after Satoshi Nakamoto and Guy Fawkes, this meme coin exists to rid the modern financial mechanisms in favor of crypto. Rebel Satoshi is a movement to challenge monetary norms and ensure fairer wealth creation.
The platform will also focus on rebel meme culture and elements from the best DeFi coins. $RBLZ, the project’s utility token, is the key enabler in this regard with several incentives. The first advantage of holding $RBLZ is earning passive income through staking rewards from securing the Rebel Satoshi blockchain.
Another income source is with the Rebel Artefacts Vault, an NFT marketplace representing symbolic defiant characters like monarchs, warriors, and recusants through 9,999 unique collectibles and digital art characters. Rebel Satoshi also provides exclusive perks for early participants with the most $RBLZ, like insider updates and governance power.
Investors have a chance to own as much $RBLZ as possible for a low $0.024 in the last presale round. Given the incredible demand, this represents a 140% increase in contrast to when $RBLZ traded for $0.010 in the first stage.
The presale will end on February 29, 2024, preceding the much-awaited launch of Rebel Satoshi. $0.025 is the launch price for $RBLZ once it’s listed on exchanges soon after, with experts indicating a multi-digit surge!
Mysterious Whale Sends Nearly 30 Million XRP to Bitstamp
Ripple is no stranger to mysterious ‘whale‘ transactions. Whale Alert is a popular tool for tracking massive transfers for the top crypto coins. The service has come into action recently for XRP, spotting an unidentified whale moving 30 million XRP (equating to $14.7 million) to the Bitstamp exchange.
Although anonymous, Ripple’s community put two and two together and linked the transaction to, ironically, Ripple Labs. Such a move often has bearish consequences. Yet, Bitstamp remains one of Ripple’s long-standing partners and may have required the XRP for liquidity purposes. Whale Alert also revealed another larger unidentified transfer where 47.4 million XRP (equating to $25.9 million) was moved to the Bitstamp and Bitso exchanges.
Regardless, XRP is in recovery mode, rising 12% over the past few weeks from $0.49 to $0.55. Moreover, forecasts see the token worth at least $1 by 2025.
Cardano Founder Reveals Next Big Upgrades for ADA
Charles Hoskinson is a consistent feature in news related to Cardano and ADA, often praising his platform’s superiority over competitors. The head honcho and IOHK (the company behind Cardano) announced an upgrade to Plutus V2 named Plutus V3.
According to the developers, Plutus V3 elevates “the developer experience by improving smart contract adoption, bringing support for governance and voting features, and fostering interoperability between blockchains.”
Hoskinson commented that Plutus V3 is a big step towards the eagerly awaited Chang hard fork set for early 2024. It’s a significant part of the Voltaire era, the next roadmap phase for Cardano focused on decentralized governance.
With this development in mind, ADA’s performance surpasses XRP’s over the past few weeks. ADA has risen 29% from $0.45 to $0.58. As with XRP, estimates suggest ADA can also be worth a minimum of $1.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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