- SEI Labs has launched a network upgrade that will improve its transaction throughput.
- Avalanche (AVAX) could drop to the $20 region if its bearish momentum continues.
- RebelSatoshi’s ($RBLZ) presale has become one of the main topics in the crypto industry after recording spectacular token sale numbers.
SEI Labs has unveiled the launch of SEI DB, which is designed to boost its network performance. Avalanche’s (AVAX) recent bearish momentum has worsened.
Now, analysts point to RebelSatoshi ($RBLZ) as a top ICO project following the sale of 110 million tokens in its presale. Its token value has already grown by 120%. Yet, can $RBLZ join the top crypto coins of 2024? Let’s discuss.
RebelSatoshi Sells Over 110 Million Tokens as its Exchange Listing Draws Closer
Rebel Satoshi ($RBLZ) is a meme coin ecosystem where playfulness converges with the mission of reestablishing decentralization in the crypto industry. The project allows crypto users from all over the world to participate in its drive for establishing decentralization. Furthermore, it offers multiple wealth-building opportunities for members of its community.
RebelSatoshi ($RBLZ) was built on Ethereum despite being inspired by Bitcoin’s Satoshi Nakamoto. The project offers different rebellious roles to its community members. Together, they will be challenging centralized authorities like banks and hedge funds. Furthermore, their mode of building wealth for community members could attract users from far and wide.
Some of the standout features of RebelSatoshi ($RBLZ) are its NFT trading and coin staking benefits. The project contains a collection of 9,999 NFTs, which possess high-value thanks to their varying rarities. Furthermore, these NFTs represent the story of Rebel Satoshi’s ($RBLZ) mission. Finally, the project will launch a play-to-earn adventure with multiple gaming benefits.
Rebel Satoshi ($RBLZ) has unveiled a grand plan to amass wealth while rebelling against centralization. Several investors have bought into the idea, leading to the sale of 110 million tokens in its presale.
RebelSatoshi ($RBLZ) has entered the Monarchs Round Four of its presale with a token value of $0.022. It has grown by 120% since its presale kicked off. When $RBLZ rises to $0.025, it will get listed.
SEI Announces Major Upgrade
On January 25, 2024, the crypto community was filled with excitement over the launch of SEI DB. The new release by Sei Labs will significantly upgrade the network’s performance. It would bring a 2x improvement in Sei’s transaction throughput. Block commit times on Sei will also get 287x improvement.
News of improved performance on SEI comes amid its recent decline. At the turn of 2024, SEI traded at $0.7101 on January 1. It fell by 4.3% to $0.6793 on January 7. SEI soared by 22.2% to $0.8302 on January 17 before falling by 27.3% to $0.6034 on January 25.
SEI’s popularity has increased since the end of 2023. Its growth coincided with rising bullishness in the crypto market triggered by demand for spot Bitcoin ETFs. Its market capitalization rose from $253 million in early November to $1.4 billion by January 2024. Analysts say the new upgrades could boost demand for its blockchain services, thus pushing SEI up by 20.2% to $0.7254.
Avalanche Could Fall to $20
Avalanche has continued its January decline, disappointing investors who increased their AVAX holdings in December 2023. Top altcoins like Avalanche (AVAX) had a spectacular performance in December.
Yet, Avalanche’s market capitalization has fallen by $6 billion since late December. By January 1, AVAX sold at $41.86. A declining AVAX fell by 14.3% to $35.87 as of January 12. It fell by 20.6% to $28.48 by January 23 before recovering by 7.0% to $30.48 as of January 25.
Avalanche (AVAX) holders expect a recovery by the second quarter of the year. Their expectations hinge on Avalanche’s plan to invest in meme coins. Avalanche (AVAX) has also listed guidelines for selecting which meme coins it would invest in. Analysts conclude that Avalanche’s plan to capitalize on the growing demand for meme coins could work in its favour, possibly pushing AVAX up by 21.3% to $36.98.
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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Source: https://www.crypto-news-flash.com/rebel-satoshi-shows-potential-for-growth-gaining-traction-while-sei-and-avax-face-market-challenges/?utm_source=rss&utm_medium=rss&utm_campaign=rebel-satoshi-shows-potential-for-growth-gaining-traction-while-sei-and-avax-face-market-challenges