Crypto Weekly Digest: FTX Token’s Remarkable 160% Jump in 7 Days, Rising Interest in $RBLZ Among Investors

TLDR

  • FTT experiences a sharp jump in price in hopes of an FTX revival
  • Early supporters of Rebel Satoshi expect 150% ROI in no time

The FTX Token (FTT) is proving somewhat of a ‘sleeping giant.’ While the exchange is defunct, investors are still keenly interested, as evidenced by its recent volatile jump.

The new Rebel Satoshi ($RBLZ) has also emerged as one altcoin to watch in the past week. Let’s first study the latest for FTT and how it’s suddenly become a hot topic.

FTT Rises Sharply On Hopes Of An FTX Rebirth

The spectacular collapse that led to the bankruptcy of FTX is well-documented. But a year later, there is a belief that the once-mighty exchange could make a comeback. While FTX has been inactive since November 2022, the platform’s utility token, FTT, has survived.

The token remains on multiple exchanges, with investors trading it in the past few months hoping for ‘FTX 2.0.’ 

A recent interview with Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), further supported this notion. His basic statement suggested that FTX might have potential if it operates ‘in accordance with the law.’

This sentiment alone has contributed to the 160% jump in FTT over the past seven days, rising from $1.20 to $3.13. Still, FTT raises more questions than answers. First, the token has no utility. Second, there is no guarantee any relaunched FTX would use the FTT. This uncertainty is why any price forecasts are speculative. Even so, investors will keep a close eye on the situation.

Rebel Satoshi is another project on the radar of many crypto enthusiasts.

https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=Bird

Early Adopters Of RebelSatoshi Await 150% Gains

So, why is Rebel Satoshi a top crypto to buy now? Unlike dull names that copy Dogecoin and Shiba Inu, it’s an intriguing meme coin. The project aims to promote rebellion and decentralization through meme culture, community building, and elements from the best DeFi projects.

While experts generally shy away from meme coins (given their playful reception), the purpose of RebelSatoshi is to challenge the norms and defy conventional practices. That’s why it takes inspiration from Guy Fawkes and Satoshi Nakamoto, both of whom were rebellious in their unique ways.

The first place Rebel Satoshi starts with is upholding the practice of memes for amusement and community recognition. This is where the Rebel Meme Hall of Fame comes in, where members use their creativity to share the best rebel-themed memes.

Users can explore more content with RebelSatoshi‘s NFT collection of 9,999 digital art and collectibles. These will be available in a vibrant marketplace for members to trade and have bragging rights. Finally, the project offers financial freedom with a staking program. ‘Locking up’ RebelSatoshi‘s $RBLZ token equals more tokens, which, of course, means more profits.

Luckily, early adopters stand to gain the most during the project’s ongoing presale. This is based on the anticipated value of $RBLZ when RebelSatoshi launches. $RBLZ is expected to rise to $0.013 in the next round, named Rebel, that represents the rise of 30%. Also, early buyers can experience a 150% boost in their holdings as the expected $RBLZ value by this time is $0.025.

Thus, it’s a no-brainer to invest now, considering the platform’s realistic goal of hitting $100 million in market cap!

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Philipp Traugott
Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.

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