Arbitrum and Shiba Inu See Varied Fortunes as Rebel Satoshi Continues Its Upward Trajectory

• Competition from the Manta network could reduce Arbitrum’s (ARB) investor sentiment.
• Shiba Inu (SHIB) also crossed into February 2024 on a bearish note.
• RebelSatoshi ($RBLZ) could become a main player in the crypto ecosystem after selling over 116 million tokens.

Arbitrum (ARB) holders are wary of competition from the recently released Manta network. Shiba Inu’s (SHIB) bullish momentum trailed off significantly by the end of January 2024.

Yet, investors are rushing to belong to RebelSatoshi’s ($RBLZ) ecosystem after it unveiled high rewards for community participation. RebelSatoshi ($RBLZ) has also returned 120% interest to its earliest holders. Yet, can it become one of the top crypto coins? Join us as we discuss.

Arbitrum Could Fall Amid Growing Demand for Manta

Arbitrum (ARB) is facing increased competition in the layer-2 network space. In late January, the Manta network released its layer-2 protocol called Manta Pacific. Shortly after its launch, Manta Pacific’s Total value Locked (TVL) soared to $1.6 billion. Its sudden growth caused panic among Arbitrum (ARB) investors, who believed that their network was in for serious competition.

Rising competition in the L2 space followed Arbitrum’s (ARB) failure to hold the $2 mark. ARB traded at $1.7352 at the start of the year. It jumped by 30.5%  to $2.2650 on January 11. ARB fell by 19.6% to $1.8190 on January 16 before declining further by 1.8% to $1.7845 at the start of February.

Arbitrum (ARB) is still one of the largest layer-2 networks. Its Total Value Locked (TVL) stands at $2.6 billion. Yet, if Manta Pacific’s sharp growth continues, Arbitrum (ARB) could lose users to the new layer-2 ecosystem. A declining user count on Arbitrum could trigger another 26.9% ARB fall to $1.3034.

Shiba Inu Ends January 2024 with Slight Bearishness

Like many top altcoins, Shiba Inu (SHIB) started 2024 on a bullish note. However, subsequent price downturns have reduced its growth momentum. Shiba Inu (SHIB) has now disappointed investors with its late January performance.

Shiba Inu’s (SHIB) market capitalization has declined by $700 million since its December highs. SHIB traded at $0.00001069 on January 1. It fell by 9.6% to $0.000009662 on January 16. SHIB fell further by 8.3% to $0.000008861 on January 25 before recovering by 1.8% to $0.000009025 at the start of February.

Shiba Inu (SHIB) holders expect a sharp rebound by the end of Q1 2024. They expect meme coin investor sentiment to rise further following increased demand for Dogwifhat. If the meme coin surge of 2023 is repeated in 2024, Shiba Inu could be among the most in-demand tokens. 

Furthermore, growing activity on its layer-2 network, Shibarium, could also contribute to Shiba Inu’s (SHIB) expected increase. This could push SHIB’s value up by 53.0% to $0.00001581.

RebelSatoshi Creates Huge Market Buzz after Selling 116 Million Tokens

At the start of RebelSatoshi’s ($RBLZ) presale, investors believed the project held significant potential. Yet, no one was prepared for the growth numbers it has recorded in its presale.

Firstly, Rebel Satoshi ($RBLZ) is a blockchain ecosystem focused on addressing the problem of increased centralization in the crypto economy. The project hopes to inspire a generation of individuals by creating a decentralized community that reaps the financial rewards of the crypto economy. RebelSatoshi’s ($RBLZ) ecosystem will be free of centralization. The project and all its perks will belong to the community.

Members of RebelSatoshi’s ($RBLZ) revolutionary movement will enjoy NFT staking benefits and access to community investments. Furthermore, the network will launch a play-to-earn game that offers attractive benefits to community members.

$RBLZ’s blockchain ICO will round up soon. It now trades at $0.022 after jumping by 120% from its initial price of $0.010. $RBLZ will get listed in February. Investor sentiment is building around its launch date, which will be announced to the public soon. When launched, $RBLZ would have jumped to $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