Jupiter (JUP) And Monero (XMR) Trade In The Red Despite Bullish Momentum – Investors Pursue Price Gains On Rebel Satoshi

TLDR

  • Newcomer Jupiter recovers on the charts after the introduction of the ‘Work Groups’ initiative.
  • Monero rebounds by 30% after dropping to $100 due to its delisting from Binance.
  • A DeFi revolution is about to commence with the meme coin Rebel Satoshi, which is close to debuting on exchanges.

Jupiter (JUP) and Monero (XMR) have seen their values trade in the red of late. While one experiences the volatility of newly listed tokens, the other is the subject of a Binance delisting.

In other news, investors have pursued the spectacle that is Rebel Satoshi ($RBLZ), a rebellious meme coin on the verge of getting launched. With the clock ticking, learn later about how you can participate.

In the meanwhile, find out about the current developments for Jupiter and Monero.

Jupiter Lays Out Work Groups Initiative

Solana has been responsible for several new headline-grabbing coins. Jupiter is among the new DeFi projects powered by Solana to target the DEX (decentralized exchange) aggregator market.

The developers held a successful airdrop for the JUP token on the last day of January 2024, coinciding with its launch on multiple crypto exchanges. As expected of new ICOs, JUP experienced volatility across the board. Yet, its actual lowest value was $0.47, with an all-time high of $2.04 (according to CoinMarketCap); JUP is presently worth $0.51.

The recent 8% price recovery can be mainly attributed to a recent initiative introduced by Jupiter’s founder, ‘Meow’ named Jupiter Work Groups. The plan is to encourage collaboration and scalability on the DEX aggregator, uniting members with shared growth goals.

With JUP a distance away from its all-time high, investors will be keen on the token’s future. Forecasts indicate JUP may surpass this level, reaching a minimum yearly peak of $4.

Monero Recovers 30% After Dropping To Five-Month Low Following Binance Delisting

Binance, the largest crypto exchange, has recently announced it would stop trading Monero’s XMR after February 20, 2024.

Specifically, this refers to the XMR trading pairs involving BTC, BNB, ETH, and USDT. The XMR market reacted with impact following this news, dropping by 40% from $167 to $100, a five-month low. However, XMR has recovered by 30% and is now trading at $130.

The first immediate reason enthusiasts linked for the delisting was, of course, the privacy concerns. Other motivations also involve safety, trading volume, liquidity, stability, or a combination of these issues. Interestingly, some industry observers see more at play, indicating the removal could signal the beginning of the end for Binance.

Still, Monero will move regardless of Binance, with forecasts implying XMR may be worth at least $200 by the end of the year.

Finally, let’s focus on Rebel Satoshi, the best new crypto to invest in compared to Jupiter.

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

An Impactful DeFi Movement Is About to Begin With Rebel Satoshi

Rebel Satoshi‘s message as a rebel-themed meme coin is universal and ever-relevant. It’s a cry for a much-needed DeFi movement, redistributing wealth from the elites to the silent majority. Rebel Satoshi represents the ordinary citizen who can decide their monetary freedom away from the modern oppressive financial system through crypto.

It’s clear that Rebel Satoshi has longevity in mind compared to other meme coins seeking one-off virality. The goal of reaching $100 million in market cap will keep users invested in the project, allowing it to fulfill its defiant ambitions and reward the same loyal community.

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Thus, Rebel Satoshi provides an opportunity for above-average passive income returns through staking the $RBLZ token. The second benefit of owning $RBLZ is entry into the Rebel Artefacts Vault, an NFT marketplace celebrating all things rebellion with almost 10,000 collectibles and digital art characters.

The first part of this collection is among the developments $RBLZ holders have keenly anticipated once Rebel Satoshi launches next month. $RBLZ is trading for a low of $0.024 in the last round of the project’s sought-after presale, which will conclude on February 29, 2024

The token has increased 140% or (2.4x) since the first stage when it was worth $0.010. $RBLZ will trade for $0.025 once Rebel Satoshi goes live. The developers have prepared to list $RBLZ on multiple exchanges, where greater valuations will likely happen.

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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Julian Joseph Lehmann
CaptainAltcoin
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