As bulls dominate the cryptocurrency market, top altcoins such as Immutable's IMX and Polygon's MATIC have seen significant increases. Meanwhile, Rebel Satoshi, an emergent meme coin, is up 124% during its public presale that is expected to end this month. What is the best crypto to invest in among IMX, MATIC, and $RBLZ? Let's find out.
On February 17, it was announced that despite the zkEVM rollout, Immutable, an Ethereum Layer 2 focused on GameFI and NFTs, is enjoying a great run, with both the network's TVL and the price of its IMX token topping the rankings leaderboard this week.
According to L2beat, Immutable has the highest percentage rise in total value locked (TVL) over the last seven days, at 27%. Immutable's TVL hit an all-time high of $271M earlier today, surpassing its previous high from two months ago by $1 million.
Since this announcement was made, Immutable's IMX has witnessed a slight rise. The value of IMX on February 17 was $3.090, falling to $3.345 on February 18, representing only an 8.25% rise. Despite this, there has been some optimism for growth in the value of IMX. Analysts have predicted that the increasing collaborations will cause an increase in the value of IMX to $8.755 by April.
Conversely, some other analysts believe that this is only the start of an impending extended bearish run that will cause a decline in the value of IMX to $1.857 by March.
On February 12, it was announced that Polygon Labs intends to use the prover to convert a variety of blockchains, including side chains and optimistic roll-ups, into validiums, a type of Layer 2 network that uses zero-knowledge proofs to improve efficiency and lower transaction costs.
Validiums only store zk-proofs on the Ethereum mainnet, while actual transaction data is stored off-chain and supported by a data availability solution. This structure differs from ZK-Rollups, which are also required to broadcast proofs of app data on the Ethereum mainnet.
Since the announcement, Polygon's coin has witnessed a significant rise in its value by about 10.4%. The value of MATIC on February 12 was $0.838, rising to $0.925 by February 17. This has led to predictions that MATIC will rise further in 2024, surpassing $2.005 by April.
On the flip side, some analysts believe the increasing competition will cause a considerable decrease in the value of Polygon. They have projected that MATIC is very likely to fall to $0.564 by March.
Rebel Satoshi, a meme coin project that aims to defy the harsh norms of centralized crypto corporations, has piqued investor interest after a strong performance during its public presale. To be specific, Rebel Satoshi has raised nearly $1.8 million since the presale began on November 5.
Aside from achieving many goals during its presale, Rebel Satoshi has become the preferred investment for investors because of its community-based approach to combating centralization. Notably, investors believe Rebel Satoshi is the top ICO due to its native $RBLZ currency, which has a decent supply cap of 250 million tokens.
Rebel Satoshi is now in Recusants Round 5 of its ongoing presale, with $RBLZ trading at $0.024. It is worth noting that Recusants Round 5 is the last round of the Rebel Satoshi presale. As a result, investors in this round will get a significant return when $RBLZ trades at $0.025 by the end of the presale.
To this moment, $RBLZ has increased 140% from its initial Early Bird Round price of $0.010. This ROI will increase to 150% when $RBLZ reaches $0.025, with experts anticipating further growth once $RBLZ is listed on top DEXs. This expected increase makes $RBLZ the top cryptocurrency to buy right now!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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