CRYPTO UPDATE: Solana Maintains Growth, a Newcomer Altcoin Stays Positive

TLDR

  • Solana benefits from airdrop season and competitive usage in decentralized applications
  • Rebel Satoshi uses meme and rebel culture to fuel a decentralization movement

The momentum for Solana (SOL) is on a surge, thanks partly to the blockchain’s cost efficiency for developers in top DeFi projects. What’s more, the blockchain intelligence platform Messari is expecting an airdrop season for the platform.

Meanwhile, a newcomer meme altcoin is making waves due to its revolutionary themes and aspirations. It’s in the second round of its fast-moving presale, which began on November 05, 2023. Stick around to know more as we look at why Solana is growing.

Solana Is In Airdrop Season And Maintains Competitive Edge

The Solana ecosystem has been buzzing lately, with increased liquidity and user engagement. Messari recently pointed to the many airdrops expected from tokens minted by Solana, like JitoSol, Zeta, Drift, and Marginfi. Pyth’s PYTH coin is the prime example, as it enjoyed a multi-digit surge after its airdrop.

Another bullish catalyst for Solana is the network’s overall activity in decentralized applications, thanks to its competitive edge. Currently, the average transaction cost on Solana is $0.003, a stark contrast to Ethereum’s $7. This distinction makes Solana more preferred for developers in gaming, NFTs, collectibles, etc.

For instance, the NFT activity increased by 35% in the last week of November 2023, equating to $24.5 million in sales, according to CryptoSlam. Of note is that this happened despite a 34% decline in popular NFT volume for other blockchains.

SOL’s price is a reflection of the current state of Solana. It’s worth $63.40, a value 265% higher from its September 2023 low of $17.35. Should the blockchain maintain its momentum, estimates imply SOL could be trading in the $70-150 (or more) for 2024.

So, what was the project mentioned earlier? You don’t have to wait any longer.

Rebel Satoshi Ignites Rebel Movement Using Meme Culture

Rebel Satoshi is a rebel-inspired meme coin, combining the social justice spirit of Guy Fawkes and Satoshi Nakamoto‘s decentralization urge to ignite a movement. This will be a rally for fairer wealth distribution, with a defiant community brave enough to challenge the status quo.

While boasting this upstanding faith, the project also emphasizes fun and community-building through interactive quests. Members will express their best ‘Recusant’ memes while earning popularity and laughter from other rebels in the Rebel Meme Hall of Fame. 

The visionary few joining Rebel Satoshi at this point can also be in the Rebellion Secret Council. Here, they will have the chance to govern the platform and access insider updates. But it gets better!

Modeled after top DeFi projects, staking and NFTs will keep Rebel Satoshi vibrant. The ‘fuel’ behind this activity is the $RBLZ utility token. With a capped supply of 250 million, it stays true to Nakamoto’s goals for a deflationary currency.

Users can earn extra tokens by staking $RBLZ, equaling additional low-effort income. $RBLZ also has a role as the medium of exchange in the Rebel Artefacts Vault. This thrilling NFT marketplace will present 9,999 symbolic, unique collectibles and digital art.

The token is available in the second round of Rebel Satoshi‘s ongoing presale for $0.013. Incidentally, this event began on November 5, 2023, Guy Fawkes Night. The project will signify Fawkes further by ‘burning’ any unsold tokens after the fifth round. This represents the final presale stage, with current investors expecting a 92% return since $RBLZ will be worth $0.025!

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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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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