TLDR
- Dymension’s (DYM) Mainnet goes live, coinciding with a 56% surge in DYM’s value to $7.618; experts predict a rise to $9.560 by April.
- Render Node Proposal RNP-008 passed with 1.1M RENDER votes and 17K RNDR delegated, leading RNDR’s price to rise to $5.29 on February 16.
- Pocket Space announces collaboration with SUI to launch a play-to-own PvP game; analysts highlight positives about SUI’s future.
- Rebel Satoshi ($RBLZ) has emerged as the top choice among whales looking to diversify their portfolio into the best cryptocurrencies to invest in.
The cryptocurrency world is abuzz reeling off the back of the SEC’s approval of spot ETFs for Bitcoin and the upcoming Bitcoin halving. This excitement has been reflected in the broader crypto outlook, with top altcoins like Dymension (DYM), Render (RNDR), and Sui network (SUI) delivering impressive gains. However, $RBLZ has netted the most gains for investors in its presale. Let us take a deep dive into these altcoins and get the latest.
Render Community Votes Nosana as a New Compute Client for RNDR Blockchain
By midday on February 7, Render announced to the public and its members that the Render Node Proposal, RNP-008 voting had ended. Nosana passed the final vote with 1.1M RENDER voting and 17K RNDR delegated to the approval. Nosana aims to utilize this partnership with the Render network to allow RNDR users to offer their nodes for Nosana’s GPU rendering service.
After this positive announcement, the price of RNDR moved from $4.46 on February 7 to close at $5.29 on February 16, marking an 18.61% rise. Regarding experts’ RNDR price predictions, they expect increased transaction volumes and network efficiency to result in heightened investor interest in RNDR. As such, they expect RNDR prices to break new highs of $7.47 by Q2 2024.
Conversely, other analysts have warned of a possible retracement to $4.12 for Render by mid-April. According to these analysts, their RNDR’s technical analysis suggests a price correction is imminent.
Dymension Launches Mainnet to Huge Success as Price Surges 56%
On February 6, Dymension announced that DYM Mainnet was officially live, and with that, the first block of Dymension was successfully mined. The Mainnet is a vital step in fulfilling Dymension’s goal of enhancing economic security and aggregating substantial liquidity for traders.
Following this development, the price of DYM surged by 56% from $4.900 on February 6 to $7.618 on February 16. Crypto experts watching DYM’s progress are bullish on the coin and have backed DYM’s price to rise further to $9.560 by the end of April. They expect the current excitement surrounding Dymension and a slew of inter-chain partnerships with other top DeFi projects to propel the price further.
However, some analysts have expressed skepticism concerning Dymension’s future. They foresee market volatility and reduced liquidity in the event of a bearish downturn as significant factors that would see DYM drop to retest $4.780 by the end of March.
SUI Partners GameFi to Launch PvP Game Pocket Space
On February 9, Pocket Space revealed that it was collaborating with SUI to launch its play-to-own PvP game. Pocket Space aims to partner with Mysten Labs on the Sui network to bring fast execution, sub-second finality, and true digital ownership to the GameFi ecosystem on SUI.
Following the news, the price of SUI has seen a marginal 5% increase from $1.76, for which it traded on the announcement day to close at $1.81 on February 16. SUI blockchain experts have expressed concerns about SUI’s middling performance and expect reduced transaction volumes to result in a decline for SUI to $1.12 by mid-April.
Other analysts, however, have shown optimism citing SUI’s fundamentals as a positive indicator for a surge in the coming months. They expect SUI prices to climb by 13% and hit $2.05 by mid-March.
Nevertheless, top analysts are excited about the launch of the upcoming meme coin, Rebel Satoshi, as the listing of the ERC20 coin, $RBLZ, promises investors more than 150% gains to their portfolios. Let’s get more on that.
Rebel Satoshi is Counting Down to An Eagerly Anticipated Launch
The highly anticipated Rebel Satoshi ($RBLZ) ICO is coming to a close, representing the dawn of a revolutionary challenge to the crypto status quo. With approximately $1.8 million raised and four completed presale rounds, $RBLZ is set to empower the crypto community.
$RBLZ token, Rebel Satoshi’s ERC20 coin, symbolizes the spirit of defiance and community empowerment, offering holders participation in quests, rewards, staking, and a vibrant community.
The final presale round, Recusants Round 5, presents the last chance to join before launch, with only 25 million tokens allocated to the Round. Recusants Round 5 is set to end shortly, with 80.46% of the pre-allocated tokens sold, offering investors a 4.17% ROI when $RBLZ eventually lists at $0.025.Rebel Satoshi will launch firstly on a DEX, but $RBLZ developers are also in talks with a tier 1 CEX for increased accessibility and liquidity.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
