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Memecoin craze sends Ethereum gas fees up as Rebel Satoshi launches $RECQ for its dual-token ecosystem

Memecoin craze sends Ethereum gas fees up as Rebel Satoshi launches $RECQ for its dual-token ecosystem

  • Ethereum jumps 13% in a week, and more growth could be imminent.
  • Rebel Satoshi attracted more investors after $RECQ started its presale at $0.0020.

Investors have been flocking to top meme coins over the past few weeks, hoping to get massive returns soon. As a result, Ethereum’s (ETH) gas fee recently rose significantly, rendering the network unusable for most crypto enthusiasts. Meanwhile, Rebel Satoshi, an emerging meme coin project, has caused a stir after starting the public presale of its utility token, $RECQ. 

Which is the best cryptocurrency to buy in 2024, Ethereum or $RECQ? Let’s find out!

Ethereum surges 13% amid rising gas fees

Ethereum has put up a commendable performance over the past seven days. On March 2, ETH was changing hands at around $3,420.09. ETH began climbing the same day as investors anticipated ETH surging after the Dencun upgrade ships on March 13. Additionally, increased activity around Ethereum-based meme coins triggered more gains in ETH. 

According to data from IntoTheBlock on March 8, this increased activity pushed Ethereum’s average gas fee as high as $28, making the blockchain unusable for many crypto proponents. However, the rising gas fees did not harm ETH’s price. By March 9, ETH had stabilized at around $3,891.16. This price means ETH has gained 13.77% in a week.

So, will ETH continue pumping, and is it a top crypto to buy? According to experts, ETH could surge to $6,087.39 by year’s end. Experts base this prediction on ETH attracting more investors after the Dencun upgrade, which will significantly lower gas prices for L2 networks. 

Rebel Satoshi $RECQ starts its public presale

Rebel Satoshi, an emerging meme coin that seeks to better the crypto-verse by enhancing decentralization, has become the subject of investment discussions. Investors and experts are buzzing about Rebel Satoshi because of its bold mission to rouse the sleeping sheep and build a vibrant community that rebels against the authority of centralized crypto entities.

Additionally, crypto enthusiasts are embracing Rebel Satoshi because of its dual-token ecosystem. Rebel Satoshi’s tokens are $RBLZ and $RECQ. $RBLZ is Rebel Satoshi’s governance and membership token and is listed on Uniswap and Coinstore. On the other hand, $RECQ is Rebel Satoshi’s utility token. 

As a utility token, $RECQ underpins everyday…

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