- Ordinals activity surges as Bitcoin approaches its halving event.
- Rebel Satoshi’s $RECQ gains traction as more investors join Stage 1 of its presale.
Top altcoins have performed poorly over the past week, even as Bitcoin’s (BTC) halving event inches closer. However, this poor performance has not prevented Ordinals activity from spiking. Meanwhile, Rebel Satoshi’s $RECQ token has attracted hordes of investors after jumping 85% during its ongoing public presale.
Why is Ordinals activity surging alongside $RECQ’s surge? Let’s find out!
Ordinals Activity Spikes Ahead of Bitcoin Halving!
The crypto market experienced a flash crash over the past seven days. As a result, top crypto coins like Bitcoin (BTC) recorded notable gains. However, these losses did not prevent Ordinals traders from diving into the market. While BTC has performed poorly over the past week, its halving event, which is only days away, has generated massive hype.
As of April 15, data from mempool.space indicated that Bitcoin users were spending more per transaction, with the rate for high-priority transactions averaging 110 sats/vByte of block space. As expected, the fee increase corresponded with a rise in daily Ordinals inscriptions.
Specifically, the number of daily inscriptions had surpassed 172,887 as of April 13, compared to a monthly average of 95,083. Notably, Bitcoin’s fees over the past week came from regular transactions. However, some experts believe Bitcoin’s halving event might be behind the transaction fee surge.
Going forward, other experts believe the activation of the Runes Protocol, a new token standard on Bitcoin invented by Ordinals creator Casey Rodamor, on April 19 could push Bitcoin’s transaction fees as high as $30.
Rebel Satoshi’s $RECQ Grabs Headlines After Starting Stage 1 of Its Presale!
Rebel Satoshi, an emerging meme coin that seeks to enhance decentralization in the crypto industry, has gained investor confidence due to the growth prospect of its dual-token ecosystem. Specifically, investors are embracing Rebel Satoshi because its governance and membership token, $RBLZ, put up a stellar performance during its presale.
Notably, $RBLZ generated a 150% ROI during its presale, which started on November 5, 2023, and ended on February 29. After completing its public presale, $RBLZ launched on Coinstore, CoinGecko, Uniswap, and DEXTools exchanges. This impressive performance set the stage for Rebel Satoshi’s base currency, $RECQ.
By April, $RECQ had started Stage 1 of its ongoing public presale. $RECQ’s price during this round was $0.0037. This price means $RECQ has already rewarded Early Bird Round, investors that bought it at $0.0020 with an 85% ROI, which is set to increase to 525% when $RECQ hits its launch price of $0.0125.
On the other hand, Stage 1 investors will enjoy a 237.84% ROI when $RECQ climbs to $0.0125. This impressive growth trajectory makes $RECQ the best crypto to invest in now!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
