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- XRP may fall below $0.53.
- Rebel Satoshi presale ongoing
Crypto is volatile following the approval of multiple spot Bitcoin ETFs. As it is, XRP is down, but supporters are targeting $1. Meanwhile, Rebel Satoshi (RBLZ) is being explored in the ongoing presale.
XRP falling
On Jan. 11, XRP rose to $0.61. However, a week later, it fell 8.2% to $0.56.
Despite the price drop, Ripple Labs released several reports on its ecosystem’s efforts toward real-world adoption.
Bitfinex also thwarted an attack on the exchange, meant to steal $15 billion worth of XRP on Jan. 16.
Amid this, analysts expect fundamental events to keep XRP between $0.53 and $1 in the coming weeks.
Rebel Satoshi surging
The Rebel Satoshi project draws inspiration from Guy Fawkes and Satoshi Nakamoto, intending to challenge market centralization.
Rebel Satoshi is a meme coin and an evolving ecosystem.
It will consist of a Rebels Artefact Vault with 9,999 unique NFTs, a staking pool, and a play-to-earn game. One needs RBLZ to access the Rebel Satoshi ecosystem.
The total supply of RBLZ is fixed at 250 million, with 50% allocated to the public. There are no buy or sell taxes on the token.
SourceHat has also audited the project’s contract.
In the Monarchs Round 4, RBLZ is available for $0.022.
By the end of the presale, RBLZ will rise to $0.025 when it lists across major decentralized exchanges in February.
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Source: https://crypto.news/xrp-bulls-target-1-new-crypto-project-fast-rising/