Friday, 19 July 2024

Crypto News

Pyth Network (PYTH) shares the spotlight with competitor Chainlink (LINK) as focus shifts to Rebel Satoshi presale

Pyth Network (PYTH) shares the spotlight with competitor Chainlink (LINK) as focus shifts to Rebel Satoshi presale

  • Pyth network (PYTH) announces listing on ZeroLend airdrop program Zero Gravity as prices surge 13%.
  • Chainlink (LINK) prices soar by 37% to new highs following possible future collaboration with Standard Chartered. 
  • Rebel Satoshi’s upcoming listing on February 29 adds momentum to the $RBLZ presale; Monarchs Round 4 gives way to Recusants Round 5.

With an outstanding presale performance, Rebel Satoshi ($RBLZ) has become one of the most prominent initial coin offerings (ICOs) in the cryptocurrency space. Pyth network and Chainlink have also netted impressive returns for their investors, as increased inter-chain collaboration is driving adoption.

Let us delve into why top crypto analysts are making a ruckus about Rebel Satoshi.

Pyth Network pioneers ZeroLend’s Zero Gravity initiative.

On January 30, Pyth network took to social media to announce that PYTH became the first project to be listed on ZeroLend’s massive airdrops program Zero Gravity. As a result, PYTH stakers were entitled to receiving a portion of ZERO airdrops as long as they mapped their ERC wallet address to their Solana address.

Following this announcement, the value of PYTH saw upward momentum and increased by 13% from $0.424 on January 30 to $0.479 on February 7. This bullish momentum, as well as upcoming Pyth DAO developments, have led experts monitoring top defi projects to forecast a continued upward movement for PYTH. Hence, they expect PYTH to reach new highs of $0.62 by mid-March.

However, other analysts have taken a conservative stance, and expect prices to decline to $0.38 by March ending. They attribute this bearish expectation to market volatility and the SEC’s further launch of inquiries into cryptocurrencies as creating uncertainties in the defi space.

Standard Chartered exec’s Cameo appearance in Chainlink’s “The Future Is On” series 

On January 25, Standard Chartered’s Waqar Chaudry asserted that digital assets such as LINK are becoming an integral part of the traditional finance ecosystem and are poised to transition into mainstream adoption. This has signalled the readiness of top traditional finance organizations to integrate crypto technologies like Chainlink into existing financial infrastructure.

Following this news, LINK price has soared by 37% from $13.76 on January 25 to $18.85 on February 7. Regarding predictions for LINK,…

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