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Expectations are high that an SEC-approved Bitcoin ETF will be launched soon, as investment continues to flow into the digital currency market.
This influx caused a notable price spike, with Solana (SOL) posting a 12% gain. Bonk (BONK) has soared more than 25% of his time, and his two newcomers, Nugget Rush (NUGX) and Rebel Satoshi (RBLZ), continue to garner attention.
Solana gains confidence with approval of Bitcoin ETF
As the US SEC gears up to accept Bitcoin ETFs, TD Cowen believes there is a need to follow international innovation in cryptocurrencies. Analysts believe the move is tactical. The SEC wants to tighten its control over the cryptocurrency market before any legislative action is taken.
Solana is priced at $102 and has a market cap of $45 billion, representing a 12% daily increase. Its layer 1 blockchain is one of the fastest and cheapest and hosts many DeFi platforms and NFT marketplaces. Solana's consensus mechanism is designed to integrate Proof-of-History and Proof of Stake to solve the blockchain trilemma.
Social activities promote Bonkura
Riding on the Solana blockchain, a memecoin called Bonk (BONK) has soared 25% and is trading at around $0.00001315 at the time of writing. In particular, Bonk's market capitalization has reached $800 million, and its daily trading volume has increased by up to 160% in the past 24 hours.
NuggetRush (NUGX) – GameFi with a purpose
NuggetRush (NUGX), a project built on the Ethereum blockchain, aims to give new meaning to pay-to-earn games.
With a total supply of 500 million tokens, NuggetRush (NUGX) has raised over $1.6 million.
NuggetRush goes beyond the standard meme coin story and combines gaming with real-life effects. Apart from fundraising efforts, the project focuses on empowering artisanal miners in developing countries.
Nugget Rush Presale
Rebel Satoshi (RBLZ) – Movement for decentralization
Rebel Satoshi (RBLZ) is a movement that claims to follow the principles of Bitcoin's founders. It focuses on wealth creation and distribution. Users can enjoy benefits such as discounts and private events.
Rebel Saga features a variety of solutions including an NFT trading platform, a coin staking project, and a Play-to-Earn game. With a total token issuance of 250 million, Rebel SATOSHI focused on scarcity through token burning and was able to attract more than $1 million in attention for him in the pre-sale.
Rebel Saga focuses on recreating the spirit of the original decentralized and free financial world.
Rebel Satoshi pre-sale
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