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TLDR
- The Crypto market witnesses liquidations totaling $715 million in a 24-hour period.
- Rebel Satoshi embarks on its DeFi mission, with analysts indicating more upside for the $RBLZ token.
Multi-six-figure dollar liquidations have been common with many top crypto coins of late, resulting in surprising surges. Understandably, some traders seek to ape into new projects like Rebel Satoshi ($RBLZ), which is slowly pumping on several exchanges. Yet, this rebel-themed meme coin also provides staying power in its true goal of reshaping the financial landscape.
$715 Million Liquidations in 24 Hours for the Crypto Market
Coinglass is an advanced data platform that tracks the liquidation of crypto futures trading across many exchanges. Liquidation refers to the forcible closing of a trader’s positions when they exceed their margin. A short liquidation is a bullish signal, while a long liquidation is a bearish signal for the digital currencies market.
Coinglass noted that the total liquidation equated to $715 million (from 192,451 traders) within a single day recently. Most of these were on the long side. Meme coins like DOGE, PEPE, and BONK dipped by double-digit figures. However, there were days when the short liquidations exceeded the long ones, contributing to coins like BTC hitting their all-time highs.
Still, the sentiment in crypto is overly bullish, with further upside expected this month. It’s worth noting that traders may begin to take profits should this occur. According to data from Alternative.me, the Crypto Fear & Greed Index is at an ‘extreme greed‘ reading of 90, a level it hadn’t reached since February 2021. This level of greed indicates an imminent correction.
In conclusion, let’s study Rebel Satoshi, which is proving to be the best crypto to buy for meme coin enthusiasts.
Rebel Satoshi Begins DeFi Revolution; Further Rise Predicted for Utility Token
Rebel Satoshi is a rebellious meme coin that exudes the familiar amusement of such tokens while being grounded in making a far-reaching impact. The project is a beacon of defiance amid the modern oppressive financial powers, challenging the status quo and redistributing wealth.
Following the conclusion of its presale, Rebel Satoshi users can unwind and immerse themselves in a rebel-themed experience. The token traded during this fast-selling event was $RBLZ, a utility coin packed with worthwhile benefits holders can soon enjoy.
The first includes access to the upcoming Rebel Artefacts Vault, an enchanting marketplace of the coolest NFTs, where almost tradeable 10,000 rebel-imagined collectibles and digital art characters will be available.
The Revolutionary Staking Hub follows, offering above-average returns through staking $RBLZ to confirm transactions and strengthen the blockchain. Early adopters who acquired the token in the presale stage stand to gain induction into the Rebel Meme Hall of Fame, insider updates, and governance power.
$RBLZ holders should also anticipate merchandise and the Rebel Satoshi Arcade gaming platform this month, with other noteworthy developments afterward.
Given the incredible demand, $RBLZ surged 150% in value from $0.010 to $0.025 in the presale. Rebel Satoshi recently went live on March 4, 2024, and listed the token on the Uniswap and Coinstore exchanges, where it is gradually pumping.
Experts indicate a further rise in price as the project’s rebel community grows and joins on a mission for a DeFi revolution!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
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