Dogecoin rallies by 28% this week: Will other memecoins follow suit?

Key takeaways

  • Dogecoin is the best performer amongst the top 10 cryptocurrencies by market cap this week.

  • Bitcoin Dogs prepares to carry out the biggest NFT mint on Bitcoin following its presale.

DOGE tops $0.20 after this week’s rally

DOGE, the native coin of the Dogecoin ecosystem, is the best performer amongst the top 10 cryptocurrencies by market cap this week. The memecoin rallied by 28% over the last few days, outperforming other major cryptocurrencies/

At press time, the price of Dogecoin stands at $0.2093 as DOGE crosses this mark for the first time since December 2021. With Dogecoin rallying, other memecoins could follow suit. 

Shiba Inu and Pepe have all recorded decent gains in recent days and others could rally higher. 

What is Bitcoin Dogs?

Bitcoin Dogs is a project that is looking to leverage the growth of the Bitcoin blockchain in recent years. It will provide utility to users and is the first BRC-20 token ICO on the Bitcoin network.

According to their whitepaper, Bitcoin Dogs is set to offer investors an exciting value proposition by combining the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture.

Bitcoin Dogs has concluded its ICO and raised nearly $13.5 million. The team is now focused on rolling out its products and listing its token on cryptocurrency exchanges. 

The team announced earlier this week that it is preparing to launch the biggest NFT mint on the Bitcoin network. 

The project could also benefit from the upcoming Bitcoin halving event. The halving event could see BTC rally higher and could benefit projects on the Bitcoin network. With the right level of adoption, Bitcoin Dogs could set the trend that would allow the Bitcoin blockchain to compete with Ethereum and BNBChain in terms of ICOs.

Bitcoin Dogs prepares to list on crypto exchanges

The Bitcoin Dogs presale was concluded a few days ago and the project raised nearly $13.5 million. 

The team will only mint 900 million $0DOG tokens. Furthermore, investors would be granted access to an exclusive NFT collection and an immersive gaming ecosystem.

In this spirit, Bitcoin Dogs is currently preparing for the biggest NFT mint on the Bitcoin network. The next step will also see its $0DOG token get listed on cryptocurrency exchanges. 

Click here to learn more about the recently concluded Bitcoin Dogs presale.

Should you buy the Bitcoin Dogs token once it is listed on exchanges?

The Bitcoin Dogs presale is now over, which means it is impossible to buy the $0DOG token from the official website. The team is preparing to list $0DOG on several crypto exchanges, allowing thousands of investors to have access to the project. 

The crypto market has been bullish since the start of the year and projects with utility like Bitcoin Dogs could record excellent gains in the medium to long term. With the right level of adoption, Bitcoin Dogs could be one of the tokens to soar higher. 

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Bitcoin wallet dormant for 12 years suddenly moves 500 BTC

  • According to on-chain data, a Satoshi era wallet has suddenly moved 500 BTC.
  • The Bitcoin wallet last transacted when the BTC price hovered near $8.

On-chain data shows a Bitcoin wallet that last transacted nearly 12 years ago has suddenly moved all 500 BTC it held.

According to data Lookonchain shared on March 30, the said wallet had been inactive since July 2012.

The last transaction that sent the 500 BTC to the wallet was at a time when Bitcoin price was a mere $8, Lookonchain noted.

While the wallet owner’s identity is unknown, the transfer to new addresses comes as Bitcoin price hovers around $70k. The benchmark cryptocurrency reached a new all-time high this month when it raced above $73k.

At current prices, the transferred coins are worth about $35 million.

In April last year, another Satoshi-ear wallet woke up after a decade of dormancy. The wallet, held 1,128 BTC and had last been active in 2012, transferred 279 BTC. The last transaction from this wallet had been when Bitcoin price was around $12.

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Kiyosaki questions Bitcoin’s legitimacy; this potential ‘Dogecoin Killer’ has ambitions to reach $500

Renowned investor Robert Kiyosaki, author of the mega-selling “Rich Dad Poor Dad,” has been a vocal advocate for Bitcoin for years. Recently, however, Kiyosaki’s stance seems to be wavering. While he still believes Bitcoin has potential as a hedge against inflation due to its finite supply, he’s questioning its legitimacy in a system he views as inherently corrupt.

This skepticism has investors wondering: is there a new “best cryptocurrency” on the horizon, perhaps a Dogecoin killer ready to take the top spot? 

Enter Rebel Satoshi, a project with a bold vision and a unique token structure that’s generating a lot of buzz in the world of top altcoins.

Kiyosaki’s Bitcoin blues: why the doubt?

Kiyosaki’s concerns stem from his belief that traditional financial systems are a house of cards. He sees fiat currencies as “fake money” constantly being inflated by central banks. 

While intended to be a decentralized alternative, Bitcoin still relies on traditional exchanges and infrastructure, which Kiyosaki views with suspicion. 

This lack of complete autonomy makes him question whether Bitcoin can truly be the revolutionary force it was envisioned to be.

The rise of alternative tokens: can Rebel Satoshi disrupt the crypto landscape?

Kiyosaki’s doubts about Bitcoin have opened the door for alternative cryptocurrencies to gain traction. Rebel Satoshi stands out among these contenders with its mission to challenge the status quo and empower individuals. 

Built on the secure Ethereum blockchain, Rebel Satoshi boasts a two-token system: $RBLZ and the recently launched $RECQ.

$RBLZ: the OG token fueling the rebellion

$RBLZ, the governance and membership token, is the heart of the Rebel Satoshi ecosystem. It grants holders exclusive access to features like early access to NFTs, participation in community governance, and even free merchandise. 

Owning $RBLZ makes you a “Recusant,” an inner circle member with a say in the project’s future. This focus on community involvement sets Rebel Satoshi apart from many top altcoins, fostering a sense of shared ownership and purpose.

$RECQ: powering the everyday transactions of a rebellious economy

$RECQ, the utility token, is the fuel that keeps the Rebel Satoshi engine running. It’s used for everyday transactions within the ecosystem, including buying NFTs, in-game items, and merchandise. Unlike $RBLZ, $RECQ is designed to be the base currency for daily interactions, ensuring smooth operation and rewarding user engagement. 

The recent launch of $RECQ’s presale has fueled excitement, with over 268 million tokens already sold in the Early Bird stage – a significant milestone for this new project aiming to be a potential best memecoin.

Rebel Satoshi vs. Dogecoin: a battle for meme coin supremacy?

While Dogecoin, the Shiba Inu-themed meme coin, captured many’s hearts (and wallets) in   2021, its future remains uncertain. It lacks the robust ecosystem and utility that Rebel Satoshi brings to the table. $RBLZ offers real governance rights and a sense of community, while $RECQ facilitates everyday transactions within the Rebel Satoshi world. 

On the other hand, Dogecoin primarily relies on its meme status and celebrity endorsements, which can be fickle in the ever-evolving crypto landscape. 

Dogecoin may have enjoyed a meteoric rise as the hottest memecoin, but can it compete with a project that’s building a sustainable future?

Is $500 a realistic target for Rebel Satoshi?

Whether Rebel Satoshi can reach $500 per token is a question only time can answer. The cryptocurrency market is notoriously volatile, and success hinges on a combination of strong community support, real-world use cases, and a well-defined roadmap. 

However, Rebel Satoshi’s innovative token structure, focus on building a community, and its connection to the ever-popular meme coin trend position it well for potential growth. 

With its sights set on becoming a top altcoin, Rebel Satoshi could be a project to watch in the ever-changing landscape of the best cryptocurrencies.

The road ahead: the future of Rebel Satoshi and $RECQ

With the presale of $RECQ exceeding expectations, Rebel Satoshi has demonstrably captured investor interest. The coming months will be crucial as the project rolls out its features and expands its user base. The success of $RECQ will be a key indicator of Rebel Satoshi’s ability to establish a thriving internal economy, separate from the traditional financial system that Kiyosaki critiques.

While the top spot amongst cryptocurrencies may seem like a distant dream, Rebel Satoshi’s unique approach offers a compelling alternative to the status quo. With a passionate community and a well-defined purpose, Rebel Satoshi has the potential to become a major player in the ever-evolving world of cryptocurrency.

For the latest updates and more information, visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

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What’s happening to Litecoin price today?

  • Litecoin price reached $110 on Friday, its highest level in over nine months.
  • A popular crypto analyst says the macro downtrend for LTC may be over.

Litecoin (LTC) currently trades around $104. But earlier in the day, LTC price hovered just above $110, its highest level since last July.

LTC price reached an all-time high of $410 in May 2021. While current prices remain way off that peak, Litecoin’s latest bounce sees analysts predict what could be next.

Litecoin touches $110: Is LTC set for vertical gains?

Before LTC soared more than 15% on Friday, bulls had found it hard to break the psychological $100 level.

Now with price hovering above the mark, a popular crypto analyst says Litecoin price could extend gains if bulls achieve a monthly close at $122.  

“$LTC needs to Monthly Close above the orange resistance ($122) & turn it into support like in 2020/2021 (green circle) to build on its recent Macro Downtrend breakout. Monthly Closing above $122 has historically been a recipe for success for #Litecoin uptrends,” Rekt Capital shared via X.

Before the breakout on Friday, Rekt Capital had noted that LTC could consolidate above $94 amid a new macro uptrend.

Litecoin has pumped in recent weeks amid an overall bullish outlook for crypto.

The news that Coinbase was looking to add Litecoin futures trading and CFTC’s reference for LTC as a commodity also added to the positive outlook.

LTC is likely one of the altcoins to watch. Notably, Bitcoin’s potential to explode in coming months amid the halving catalyst is adding to LTC sentiment.

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Binance adds Ethena (ENA) as 50th Launchpool project

  • Binance has introduced Ethena (ENA), a synthetic dollar protocol, as the 50th Launchpool project.
  • Farming ENA by staking BNB and FDUSD is open for three days from March 30, 2024.
  • Binance will open trading for ENA on April 2, 2024.

Ethena (ENA) is the 50th project to hit the Binance Launchpool.

This is after Binance, the world’s largest crypto exchange by trading volume, announced the opportunity for users to farm ENA tokens ahead of trading support next week.

Ethena (ENA) to list on Binance

Binance said in the announcement on Friday that users can now stake BNB and FDUSD and farm ENA tokens for three days starting March 30, 2024 at 00:00 UTC. ENA farming is not available to users in Australia, Canada and the US among other jurisdictions, Binance noted.

Meanwhile, the exchange will be the first crypto exchange to open ENA trading on April 2, 2024 at 8:00 UTC.

Supported trading pairs for the new token will be ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.

Binance’s Launchpool farming announcement comes a day after Ethena Labs revealed a 750 million airdrop of ENA to its community on Thursday.

The airdrop will account for 5% of the total supply of ENA and will be open for trading as from April 2. According to the project, the airdrop will be open to participants in its “shard campaign.” This involved the staking of the synthetic dollar (USDe).

Some of the top projects to land on the Binance Launchpool include Portal, Maverick Protocol, Sui, Aevo, and ETHFI.

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