SAGA and Dymension (DYM) announced airdrops of their tokens to investors and stakers of Celestia (TIA) in early January 2024. More TIA investors raised their investments in Celestia as a result of this news, and the cryptocurrency became one of the best ones to purchase.
Additionally, in the second week of January, Celestia saw a 28% increase in price, rising from $14.93 to $19.16. As a result, it drew new investors and whales. Experts credit TIA’s price increase to its widespread appeal because to its high stake yields and modular data availability design.
Celestia’s price increased steadily, but the generally pessimistic outlook on the market made it stagnate. Thus, market analysts projected that the price of TIA would probably decline. But with TIA becoming more and more popular, there was hope that it would continue to increase, hitting $20 by the end of January.
Cosmos Hub Casts Votes on the Minimum ATOM Inflation Rate Proposal
The Cosmos community decided to set the minimal inflation rate at 0% by a unanimous vote in January 2024. The goal of the action is to keep prizes at their current value while lessening the devaluation of ATOM tokens.
Cosmos is one of the few prominent cryptocurrency coins whose prices increased in January despite the general bearish feeling in the market. The price of ATOM increased by 6.13% in just the second week of January, from $9.95 to $10.56. The volumes traded within the same period showed a noticeable decline, albeit a minor improvement.
Market analysts consider Cosmos to be among the finest altcoins to purchase and predict a bullish mood for the coin based on this information. As a result, experts forecast Cosmos will continue to appreciate, maybe reaching $12 by the end of January.
Rebel Satoshi Draws Investors With Presale Profits of More Than 100%
As more novice cryptocurrency traders join the market, the meme coin craze is becoming more and more popular. Rebel Satoshi ($RBLZ) is a meme coin that aims to spearhead a global and cryptocurrency reform movement. Rebel Satoshi aims to accomplish three important goals: decentralization, cryptocurrencies, and breaking free from oppression and elitism.
According to its white paper, $RBLZ is an ERC-20 token based on Ethereum that symbolizes the ascent of the underdog when they unite. In addition, it gives holders access to thousands of rare and exclusive NFTs for investment, allows them to take part in quests, and stake their holdings for substantial rewards.
