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Despite the infamous Terra-Luna crash of 2022, Terra Classic (LUNC) is experiencing a renaissance. On the topic of renaissance, the emerging Rebel Satoshi ($RBLZ) meme coin combines the rebellious spirit of Guy Fawkes with a rally for modern decentralization.

The project seeks to build a like-minded, defiant community through meme culture and tokenomics from the best DeFi projects. Stick around to learn more as we first look at the trending news for Terra Classic.

Terra Classic is on the list of trending top altcoins thanks to Binance, remaining the trading platform processing the most volume for LUNC. Binance has added a new market for the token, LUNC/TRY (Turkish lira), which began on December 5, 2023.

Before the new listing, Binance ‘burnt’ 3.90 billion LUNC tokens on December 1, 2023. This is a proven value-appreciating strategy as LUNC’s community seeks to decrease the circulating supply. 

The recent rally in Terra Classic is due to such revival efforts after the creation of the Terra Classic Labs organization in October 2023. Another catalyst to the rise is its team buying 25.6 million tokens of the Terra-linked USTC stablecoin (equating to $500,000) last month.

From mid-October 2023, LUNC increased by 434% from $0.00005234 to $0.00028000 (now trading for $0.00023600). With this momentum, many price estimates indicate LUNC should be in the $0.001-0.0005 (or greater) region in 2024.

Now, we look at Rebel Satoshi’s prospects!

Rebel Satoshi is a meme token fusing rebel history, amusement, and a genuine movement for decentralization. It envisions a world where wealth is distributed more equally than staying with a select few anti-democratic elites.

Rebel Satoshi‘s ecosystem consists of the Rebel Artefacts Vault, an engaging marketplace where the community will indulge in nearly 10,000 of the coolest NFTs. These comprise rebel-themed digital art characters ranging from the Recusants to Warriors. With the utility token, $RBLZ, users can stake for impressive returns while securing the network.

Rebel Satoshi will also uphold meme culture through the Rebel Meme Hall of Fame, a space for early adopters to share their best rebel-inspired memes. In doing so, the community will share laughter while members become more popular.

With a like-minded community, the platform can reach its enticing goal of $100 million in market cap. This would place $RBLZ among the top crypto coins based on memes. The ongoing presale (in Rebels Round 1) is the first step towards this goal. Like the Early Bird Round, this second stage is progressing rapidly, with less than 20% progress remaining before the third round. 

From the current price of $0.013, $RBLZ will jump by 38% to $0.018 during this time. The total gain after the presale is 92% for current buyers, as the token will 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 Exploring the rising popularity of Terra Classic (LUNC) and Rebel Satoshi in the crypto market appeared first on Invezz

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