Rebel Satoshi presale in focus, XMR and MINA can recover after slump
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The crypto market is getting to grips with the recent shocking delisting of Monero (XMR). Meanwhile, Mina (MINA) has prepared further plans for a major mainnet upgrade.
In other news, investors are looking at the Rebel Satoshi (RBLZ) presale.
Rebel Satoshi to surge on launch?
Rebel Satoshi is a defiance-themed meme coin carrying the baton for Bitcoin, the first of many top DeFi projects that followed after 2009. The project is inspired by Satoshi Nakamoto and Guy Fawkes, fusing their rebellious nature to challenge modern financial organizations.
In doing so, Rebel Satoshi rallies for more widespread decentralized finance. The meme coin is also a blend of rebel culture, amusement, and community building through virtual gatherings and interactive games. This will galvanize this collective, powering it to help in Rebel Satoshi’s goal of being worth $100 million in market cap.
The RBLZ coin is integral to this ambition. It can be staked for rewards while fortifying Rebel Satoshi.
Holding RBLZ is also the ticket to the Rebel Artefacts Vault, a high-spirited marketplace with almost 10,000 collectibles and digital art characters honoring rebellion. Early adopters with the most RBLZ get reserved benefits like insider project updates, governance power, and the chance to be featured in the Rebel Meme Hall of Fame.
The RBLZ presale ends on Feb. 29, 2024.
The token is trading at $0.024, a 140% climb compared to its price ($0.010) in the first round.
Rebel Satoshi will launch on March 4, 2024, and lists on exchanges for 0.025.
XMR drops after delisting
Leading privacy coin, Monero has found itself under legal scrutiny for years. Consequently, many exchanges like Kraken, OKX, and Huobi have delisted XMR across numerous global regions.
XMR was on Binance’s ‘removal list’ for a while, initially deciding to delist Monero within its EU-based platforms. Yet, the exchange announced it would remove Monero across the board globally. XMR immediately slid to a five-month low, dropping 40% from $167 to $100. It quickly recovered 34% to $134 but is now worth $119.
Binance set February 20, 2024, as the final day it would support Monero. Yet, users reported withdrawal issues even before this point. However, XMR is now officially off Binance, which is still dealing with its own regulatory issues.
Nonetheless, forecasts still see hope for XMR’s value potential, where it may be worth at least $200 by 2025.
Mina prepares for Berkeley Upgrade
The developers for Mina have teased the “Berkeley” upgrade for months, which is planned to launch this year. Berkeley is set to bring performance improvements to Mina, such as slot time reduction and validator optimization.
The blockchain recently underwent stress-testing (dubbed ‘Testworld Mission 2.0’) for Berkeley, inviting over 250 experienced node operators.
This testing program began in October 2023, the most recent being the third iteration for Mina. Mina developers have confirmed that further testing will soon address some outstanding issues.
MINA recently reached a monthly high of $1.55, 65% greater than its prior low of $0.94. While it is down to $1.30, MINA predictions indicate the token can surpass $2 by 2025.
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