SPONSORED POST*
Summary
TLDR
- Ripple releases 1 billion XRP as per escrow system tradition
- Cardano founder blasts the SEC in recent live stream
- The new meme coin, Rebel Satoshi, marches on after a fast-moving early bird round presale
$5 may be a small amount. But this can snowball once you choose the best cryptocurrency to buy. XRP (XRP), Cardano (ADA), and the new Rebel Satoshi ($RBLZ) are worthy candidates.
Here, we’ll look at the latest developments for XRP and Cardano as they seek to solidify their status in top crypto coins. Finally, the last section will observe the next viral meme token, Rebel Satoshi.
Ripple Unlocks 1 Billion XRP Per Long-Standing Release Schedule
Ripple, the company behind the XRP token, began its escrow system in December 2017 to release 1 billion tokens monthly over 55 months. While not always sticking to 1 billion over the years, Ripple has unlocked 1 billion XRP at the start of this month.
Considering the previous events, Ripple’s escrow balance is below 40 billion XRP, from 55 billion in 2017. Traders seem to have expected the 1 billion tokens unlock in advance, as it’s often a bearish signal. XRP is worth $0.60, 19% lower than last month’s high of $0.75.
Still, price forecasts are optimistic for 2024, more so with an expected favorable outcome in the SEC (Securities and Exchange Commission) case. For this year, XRP could trade in the $0.90-1.50 (or higher) range.
Cardano’s Founder Criticizes The SEC In Latest Live Stream
While the SEC has unfortunately been a thorn in XRP’s side, Cardano is the one that got away. Cardano’s founder, Charles Hoskinson, remains vocal on the issue. Hoskinson criticized the strict US regulator for giving Bitcoin a ‘free pass’ by not naming it a ‘security‘ as it did with XRP.
This sentiment is linked to the ‘ETH Gate‘ conspiracy theory from XRP supporters. Here, enthusiasts believe Ethereum, which has elements of being a ‘security,’ was also given a free pass from regulators. For now, Cardano investors can be glad no regulator is targeting its platform.
Interestingly, ADA is near its monthly high, even though 65% of holders are at a loss, according to IntoTheBlock data. Currently worth $0.38, most forecasts hint ADA should be worth $0.50-1.00 (or higher) in 2024.
While XRP and Cardano are well-known, Rebel Satoshi is a hidden treasure. Let’s find out more.
Rebel Satoshi Experiences Fast-Selling Early Bird Round Presale Stage
Rebel Satoshi bucks the trend of meme coins based on cartoonish characters. It’s a meme token inspired by Satoshi Nakamoto and Guy Fawkes, who questioned established authority in their unique ways. The ultimate goal is to usher in a new era of decentralization, transferring wealth from iron-fisted elites to ordinary rebel-minded folk.
Achieving $100 million in market cap would go a long way to making this objective a reality. Furthermore, it will cement Rebel Satoshi as a worthwhile meme crypto to buy. Luckily, the early adopters learning about the project can profit the most before this time.Â
The heart and soul of Rebel Satoshi is the Ethereum-based $RBLZ token. It’s the centerpiece of the platform’s NFT and staking ecosystem. Rebel Satoshi provides an NFT marketplace with 9,999 unique collectibles and digital art related to rebel philosophy. Moreover, staking $RBLZ offers excellent passive income while securing the blockchain.
Fortunately, you can own the token for $0.013 while it’s still in the Rebels Round 1 of presale. The first or Early Bird Round saw Rebel Satoshi selling 25 million tokens in three weeks, with a similar adoption rate expected for the present-day stage. Buyers getting involved now can anticipate a 92% ROI since $RBLZ is set to be worth $0.025 after the presale.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
*This article was paid for Cryptonomist did not write the article or test the platform.
