TLDR
Mirai Labs, developers behind the horse racing game Pegaxy, now have a subnet on Avalanche.
New Rebel Satoshi meme coin has sights on bringing a new decentralized finance era.
Developers from sectors like asset tokenization, gaming, DeFi, and SocialFi have recently gravitated towards Avalanche (AVAX). This has kept the blockchain ahead of the curve.
While many see Avalanche as a top crypto to buy, others have been pulled in by the high-demand presale of an emerging meme coin. This event will soon head to a fourth round, with one further stage before launching. Learn more about this project shortly as we look at the news for Avalanche.
Mirai Labs Launches Dedicated Subnet On Avalanche
Mirai Labs are the creators of the horse racing game Pegaxy, which was previously on the Polygon blockchain. They have migrated to Avalanche, bringing their slick SocialFi (social media and decentralized finance) and esports economics.
Mirai Labs has launched a dedicated Mirai Chain on an Avalanche subnet, a side chain that feeds into the main chain. The developers will bring all their offerings to the subnet, like the Pegaxy game, the new SocialFi platform Petopia, Mirai ID, Mirai Pay, and Mirai App.
Avalanche has also trended in the emerging asset tokenization space, with behemoth organizations like Citi and JPMorgan leveraging its technology. Another financial company, Republic, has joined the party to use Avalanche for the Republic Note. The latter is a token representing Republic’s portfolio of over 760 private assets, with profits distributed to holders in stablecoins.
The AVAX is on a bullish rally, up 321% or 4.21x since mid-October 2023 from $8.65 to $36.50. Moreover, estimates suggest Avalanche could be worth $50-150 (or more) in 2024.
Now we turn our attention to the meme coin mentioned before, Rebel Satoshi ($RBLZ), and why it’s the best crypto investment compared to Avalanche.
Rebel Satoshi Rallies For New Decentralization Era In Modern Financial System
Rebel Satoshi is a whimsical rebel-themed meme coin inspired by Satoshi Nakamoto’s rally for decentralization in the current financial system. The project envisions a world where more citizens are enriched and boast the defiance to challenge the norms in other aspects of life.
Aside from this righteous movement, Rebel Satoshi is also an environment for fellow rebels to let loose, have fun, and celebrate other influential warriors, monarchs, and recusants. This will happen through regular interactive quests, virtual gatherings, and other collaborative activities. The platform even offers a dedicated Rebel Meme Hall of Fame. Here, early adopters will have their best rebel-inspired memes displayed in the community gallery.
Rebel Satoshi yearns to be on the map of meme-based top altcoins in due time, using $100 million in market cap as a target. While an ambitious marker, it’s a great motivator for investors seeking huge returns expected of new ICOs.
The $RBLZ token will be instrumental in maintaining a high market cap through staking and NFT trading. Users can earn extra income ‘locking up’ their $RBLZ, which also makes the blockchain secure. Members will be enchanted in the Rebel Artefacts Vault, which comprises almost 10,000 digital art and collectibles as NFTs.
You can get $RBLZ at the best price before it’s listed on exchanges. It’s worth $0.018 in Warriors Round 2 of the ongoing presale. Rebel Satoshi has sold 55 million tokens thus far, about 44% of the allocated amount. With only two rounds, this is the perfect time to get involved. Investors should anticipate a 38% gain following the presale as the token is set to be worth $0.025.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
The post While Avalanche (AVAX) Sees a Surge, Investors Turn Their Eyes to a High-Demand Presale appeared first on Cryptonews.