TLDR
BNB Chain has launched the Trading Volume Incentive Program to boost projects and trading on opBNB and BNB Smart Chain (BSC), despite a temporary price dip following the integration news of BONK and Wrapped Bitcoin (WBTC).
Fetch.ai (FET) has seen significant price growth, hitting $2.31 in mid-May 2024, fueled by a rise in AI token markets post-Bitcoin halving.
Rebel Satoshi, a memecoin inspired by Satoshi Nakamoto and Guy Fawkes, aims to challenge market centralization through its dual-token system ($RBLZ and $RECQ). The ongoing $RECQ presale is in Stage 2 at $0.0044.
BNB Chain Launches Trading Volume Incentive Program
BNB Chain, a blockchain network that features the world’s biggest smart contract blockchain, on May 20, 2024, confirmed the launch of its Trading Volume Incentive Program for projects and traders building on opBNB and BNB Smart Chain (BSC).
The top altcoin has been in the limelight due to the many developments happening in its underlying network. In a May 14 update, Binance announced the integration of Bonk on the BNB Smart Chain and Wrapped Bitcoin (WBTC) on the Kava EVM network. Following the news, BNB’s price plunged from $591.61 to $566.71.
Nonetheless, the downtrend in BNB’s price did not last long since Bitcoin and Ethereum pulled the entire market up on May 20 with a massive rally.
This rally helped BNB rise above the psychological $600 mark, with bulls targeting a higher price in the mid-term for the altcoin. With these developments, BNB was added to the list of the best altcoins to watch in the coming crypto bull run for massive returns.
- These developments helped push BNB to $614.15 in the fourth week of May, an 8% surge in seven days.
- Experts say BNB will rise to $635.15 by the end of May, powered by developments in its network.
Fetch.ai Anticipates Price Correction Despite Recent Surge
Investors are expecting a possible drop for Fetch.ai’s native token, FET. Although the price of Fetch.ai has surged impressively in recent weeks, experts say a price correction is coming up. This expectation is aligned with investors’ preparation to sell off their FET holdings.
Furthermore, FET was valued at $2.31 in mid-May 2024. With the AI tokens market rising nearly a month after the Bitcoin halving 2024 event, Fetch.ai has also gained significantly. However, analysts are worried about an imminent drop since Fetch.ai recorded declining network growth.
- At the beginning of the fourth week of May, FET was valued at $2.15, up 22.45% in the past week.
- Analysts say Fetch.ai will rise to $2.55 in May, supported by the bullish momentum in the crypto market.
Rebel Satoshi Gains Momentum with Dual-Token System
Rebel Satoshi is a groundbreaking memecoin project that wants to introduce massive changes in the general crypto landscape.
Following the recent volatility in the crypto space, investors seem to have turned their attention to Rebel Satoshi, which is supported by its mission of sparking a decentralized revolution inspired by the ideals postulated by Satoshi Nakamoto and Guy Fawkes.
Rebel Satoshi strives to counter the trend of market centralization with its Recusant community members. What makes Rebel Satoshi unique is not its top memecoin status but its large ecosystem, powered by a dual-token concept of $RBLZ and $RECQ.
- With aspirations for a $100 million market cap, Rebel Satoshi’s $RBLZ presale recorded remarkable results, raising over $2.5 million and delivering 150% ROI.
- $RECQ is the base currency that underpins all transactions and interactions on Rebel Satoshi’s platform. Therefore, $RECQ token holders can use the token to acquire Rebel Satoshi merchandise and exclusive NFTs and engage in the incomparable gaming experience of the Rebel Satoshi Arcade.
Currently, Rebel Satoshi is in its $RECQ presale phase. $RECQ is in Stage 2 of the presale and is valued at $0.0044, a 120% rise from the Early Bird value of $0.0020.
Remarkably, $RECQ will reach $0.0125 at the end of the presale, an 184% ROI for current investors. Interestingly, analysts say $RECQ will keep surging in the coming bull market, attracting many investors to the project and making it the best crypto to buy now.
BSCN is aiming to become the leading media coverage platform around the Binance Smart Chain Ecosystem. With a strong focus towards Content Quality, Decentralized platforms, Hot topics in the market, Informative and education sources and guidance in how to be more aware around unreliable crypto projects.
