- Arbitrum’s total value locked and usage increases due to the short-term incentives program
- The new meme coin Rebel Satoshi promises defiance themes, staking, and NFTs
Almost two months after the short-term incentives program (STIP) began, Arbitrum (ARB) is experiencing a boost in on-chain metrics. Meanwhile, some experts have given the new Rebel Satoshi ($RBLZ) a second look.
This isn’t only due to the fast-moving presale but also the project’s unique value proposition in the ever-growing meme coin market. Thankfully, it’s still early days for investors to get involved. Before learning more about Rebel Satoshi, let’s look at the latest progress for Arbitrum.
Arbitrum TVL and Usage Surge With 50M ARB Incentives
Arbtrium developers introduced the STIP in September 2023. Here, the network promised to distribute 75 million ARB tokens for grants and to support the overall growth of Arbitrum. The first phase of the STIP kicked off in early October 2023, with Arbitrum planning to distribute 50 million ARB tokens to 28 related top DeFi projects.
Almost two months later, this program is yielding results. Based on information from Artemis, Arbitrum’s total value locked has jumped from $1.74 billion at the start of October 2023 to $2.14 billion. Moreover, the number of users has increased by 27%, according to data from IntoTheBlock.
Ultimately, the STIP aims to increase volume, transactions, users, and liquidity in the Arbitrum ecosystem. Still, the ARB is down 16% from its November 2023 high, currently trading for $1. According to predictions, ARB is likely to hit a minimum yearly peak of $2 in 2024.
Now, let’s learn why experts have recommended Rebel Satoshi among the best altcoins to invest in.
A Defiant Meme Coin In Rebel Satoshi
Rebel Satoshi is a meme coin with a unique twist. While upholding meme culture, it’s a defiant movement for decentralized finance within the modern oppressive system. The project models itself after two poster children who signify rebellion: Satoshi Nakamoto and Guy Fawkes.
Their spirits will fuel Rebel Satoshi to challenge the status quo and achieve audacious goals with a small but powerful community. It’s inviting other rebels to join in the cause of hitting $100 million in market cap. So, how will the platform get here?
It begins with the $RBLZ utility token, a necessary medium of exchange in Rebel Satoshi‘s attractive ecosystem. The higher the token ownership, the better the trading activity, blockchain security, and incentives for long-term holding. Unlike the ARB token, it has a finite supply of 250 million, a vital element when considering the best coins to invest in. Users will earn an extra $RBLZ (translating to passive income) by staking their existing tokens.
Also, $RBLZ is key in the Rebel Artefacts Vault that sees Rebel Satoshi tapping into the coolest NFTs. The project will release two collections of these tokens through 9,999 unique rebel-themed collectibles and digital art:
- 6,831 Citizens
- 2000 Rebels
- 999 Warriors
- 150 Monarchs
- 19 Recusants
The first collection is expected to take place following the presale for $RBLZ currently in Rebels Round 1. $RBLZ is worth $0.013 at the moment, a price 30% higher than its previous value in the Early Bird Round. Fortunately, buyers can benefit from a slightly lower overall price using the time-limited 15% deposit bonus.
Besides the NFT release and other developments in the pipeline, investors can smile at a 92% growth since $RBLZ will be worth $0.025 after the presale.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null tx