TLDR
- Lido records a 7-day drop in TVL.
- EOS invests $2.4 million into Noah Ark technologies to boost its DeFi services.
- RebelSatoshi ($RBLZ) is leading a decentralized rebellion that will offer high-value rewards to community participants.
Lido’s TVL fell slightly in the final week of January 2024. EOS is also looking to expand DeFi services on its network.
Yet, Rebel Satoshi’s ($RBLZ) plan to bring more decentralization to the crypto industry has won many hearts. The project has now sold 116 million tokens in its presale. Yet, can $RBLZ join the list of top crypto coins? Let’s discuss.
Lido Records Slight Decline in its TVL
Finance reports from Lido have shown a decline in its TVL from January 22- January 29. The decline came amid the slight increase in ETH staking on Lido. Furthermore, it reflected the impact of the short-term BTC fall on Lido’s market activity.
The report comes amid Lido’s recent decline. LDO traded at $2.9168 on January 1. It jumped by 14.8% to $3.3495 on January 13. LDO then fell by 14.1% to $2.8759 on January 24 before a 5.2% increase to $3.0260 on January 30.
Despite the short decline in LDO’s weekly TVL, its market activity remains high. Furthermore, ETH staking on Lido has significantly increased since the turn of the year. Analysts say this trend will continue, especially if the expected rise in DeFi activity comes to pass. This would boost Lido’s staking activity, thus pushing LDO up by 29.0% to $3.9065. Lido could become one of the top DeFi projects.
EOS Invests in Expansion of its DeFi Ecosystem
EOS has announced a strategic investment partnership with NoahArk Tech group to expand its services. The partnership will foster the harmonization of EVM products with EOS enthusiasts. This would then contribute to building a robust DeFi ecosystem on EOS.
Furthermore, the announcement could help push EOS to the $1 range. EOS traded at $0.8862 by the start of January. Two weeks later, EOS had fallen by 11.9% to $0.7807 on January 15. EOS fell by 13.2% to $0.6771 on January 23 before a 3.8% recovery to $0.7031 at the start of February.
EOS’ DeFi partnerships will boost its investor sentiments. Furthermore, it will help attract users from rival networks to EOS. Analysts expect EOS’ network activity to skyrocket if the market enters a bull run. This could push EOS’ value up by 14.2% to $0.8031.
Rebel Satoshi: The Gateway to a Decentralized Future
Rebel Satoshi ($RBLZ) is firmly on course to establish a truly decentralized community where its generated wealth will be for all. The project is leveraging Ethereum technology to launch a meme ecosystem with a passion for decentralization.
Joining RebelSatoshi ($RBLZ) will induct you into a clan of rebels. Together, you will lead the fight against centralized powers dominating the crypto industry. You will also enjoy benefits like staking $RBLZ coins, trading NFTs, and play-to-earn rewards.
RebelSatoshi’s ($RBLZ) community ethics will be represented through its 9,999 unique NFT pieces. Each will reflect a significant part of its story. Furthermore, their varying rarities will translate to a high value in the RebelSatoshi ($RBLZ) marketplace.
RebelSatoshi’s long-anticipated launch is coming soon. It has sold over 116 million tokens in its blockchain ICO, leading to high excitement around its coming launch in February. $RBLZ now sells at $0.022 by the Monarchs Round Four of its presale. It will get listed at $0.025. RebelSatoshi ($RBLZ) is set to become one of the best DeFi projects.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram