TLDR
- BLUR token soars 9% following significant supply unlock, with price forecasts of a surge to $0.76 at the end of February.
- Etherscan’s acquisition of Solscan spurs a 32.6% surge in the Solana (SOL) price.
- Early investors ride the Rebel Satoshi ($RBLZ) wave as its blockchain ICO skyrockets with a 120% surge in portfolio value.
In the dynamic realm of cryptocurrencies, Solana, a top ten cryptocurrency, is anticipated to experience a remarkable surge. Additionally, BLUR and Rebel Satoshi are capturing attention, with $RBLZ showcasing the potential for an impressive 150% growth. Let us delve into the details.
BLUR Token Experiences 9% Surge to $0.598 after Supply Unlock
As per insights from the blockchain analytics firm Lookonchain, approximately 49.46 million BLUR tokens, valued at $32.55 million, became accessible on January 14. On-chain data reveals that these tokens were initially moved from a multi-signature address and subsequently deposited into the Coinbase Prime wallet. The BLUR price surged by 9% from $0.548 on January 14 to $0.598 on January 21, following token unlocks on January 14.
Furthermore, the trading volume of BLUR has also increased by 124% since then to $237.8 million, signaling a rise in market activity. This has led experts to believe that the BLUR token price will continue in its uptrend to reach $0.76 at the end of January, representing a potential rise of 21.3%
However, some analysts citing BLUR technical analysis reveal an impending short-term correction that should see prices plummet to $0.47, representing a 21.4% fall from its January 21 price of $0.60.
Solana Bulls Target $136 as Etherscan Acquires Solana Block Explorer Solscan
On December 12, Etherscan, a company specializing in Ethereum blockchain data services, revealed its acquisition of Solscan, a prominent block explorer for the Solana blockchain, in a move aimed at enhancing Etherscan’s capabilities.
In reaction to this news, SOL price saw a price hike of 32.6% to $90.85 on January 21 from its December 12 price of $68.54. This upsurge in SOL has fueled many analysts’ predictions that SOL will hit its June 2022 level of $136.36, fueled by the upward momentum.
Conversely, some analysts speculate that tighter restrictions by the SEC on cryptocurrencies, coupled with signals from technical indicators, will send SOL prices correcting back to $65.70 by the middle of February.
Rebel Satoshi Soaring In Presale, Early Investors See 120% Gains
Rebel Satoshi is a meme coin project focused on promoting decentralization and community empowerment in the financial world and aims to create a more equitable and inclusive financial ecosystem.
$RBLZ Is an Ethereum-based (ERC20) token that highlights inequality and reminds the rebels they possess power when they band together for a righteous and fun-filled purpose. $RBLZ is not just a token; it represents an investor’s ticket to participate in quests, claim rewards, stake for additional benefits, and join a vibrant community that celebrates the spirit of rebellion.
$RBLZ has surged from $0.01 in the Early Bird Round to $0.022 during the current Monarchs Round 4 presale. Impressively, Rebel Satoshi has successfully secured over $1.5 million in presale funds, reflecting significant investor confidence in the project’s potential.
Anticipated to launch in February, $RBLZ is poised to be listed on multiple decentralized exchanges at a competitive price of $0.025, marking a significant milestone for Rebel Satoshi in the burgeoning cryptocurrency landscape. Keep a close eye on this exciting development as Rebel Satoshi prepares to make its mark in the market.
Investors who are interested in participating in the cryptocurrency ICO of one of the best cryptocurrencies to buy have the flexibility to acquire $RBLZ using BTC as well as 50 other alternative cryptocurrencies.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram