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- Sei co-founder voices strong opinions on crypto developers.
- Filecoin’s liquid leasing platform, Glif, raises $4.5 million in a seed funding round.
- The final presale round for Rebel Satoshi begins, with an imminent launch in a few weeks.
Top altcoins Sei (SEI) and Filecoin (FIL) are teasing a potential bounce back this year based on forecasts.
Another developing story in crypto is the emergence of Rebel Satoshi ($RBLZ), which is entering its final presale stage. Only a few weeks remain before this rebel meme token officially goes live. Learn later about how you can get involved in this limited time.
For now, let’s cover the latest news for Sei and Filecoin.
Sei Co-Founder Claims Many Crypto Developers Are Mediocre
Sei is a relatively new blockchain released in August 2023, describing itself as the ‘fastest layer 1 blockchain.’ The project targets trading in several competitive crypto sub-sectors like decentralized exchanges, NFTs, and GameFi.
Despite being a relative newcomer, Sei’s co-founder, Jayendra Jog, has voiced a strong opinion targeted at crypto devs or developers. In a recent X/Twitter post, Jog said that many devs were ”mid,” with many becoming founders rather than working a regular job as blockchain developers.
Moreover, Jog believes the experienced devs looking for jobs “often aren’t great.” While IT development is still well-paid, DeFi companies like NEAR and Protocol laid off a big chunk of their workforce in 2023.
After SEI surged 877% since launching from $0.09 to hit an all-time high of $0.088, it has dropped 27% to $0.64. Regardless, many estimates see $1 as SEI’s potential yearly peak.
Filecoin’s Liquid Leasing Protocol Glif Raises $4.5 Million
Glif, Filecoin’s liquid leasing platform, has garnered $4.5 million in a seed funding round. Multicoin Capital is the leading investment firm for this deal, in partnership with companies like Zee Prime Capital, Big Brain Holdings, and others.
Glif developers expressed gratitude over receiving the funding, asserting they would use it to “further invest in security research, develop new products, and to grow the protocol to 100M FIL deployed to Storage Providers.” Hence, users have lots to anticipate in 2024 between Glif and Filecoin.
Glif allows Filecoin holders and storage miners/providers to earn rewards by depositing FIL in its platform. The former is like Lido Finance, except it’s not staking-based (hence the term liquid ‘leasing’ since Filecoin is based on ‘renting’).
Despite this news, FIL is struggling on the charts. It’s down 36% from its yearly high of $8.11, now worth $5.22. Regardless, estimates show a realistic yearly peak of $12.
Finally, let’s look at Rebel Satoshi!
Investors Rush Towards Rebel Satoshi’s Ultimate Presale Stage
Investors have scrambled to participate in Rebel Satoshi, given its official launch in a few weeks. It’s a rebel-imagined meme coin advocating for decentralized finance while defying the current financial norms. The project hopes to fuel a movement to redistribute wealth from the elites to ordinary folk. These aren’t the only elements that make Rebel Satoshi a viral crypto to buy.
The project also remains true to the light-hearted core of meme coins, albeit with rebel themes. The Rebel Meme Hall of Fame is the first example, an exclusive community gallery showcasing Rebel Satoshi-related memes. Doing so brings laughter to the community and makes users popular.
Another fun avenue is the Rebel Artefacts Vault, providing one of two income sources. This NFT marketplace will feature members charmed with 9,999 tradeable collectibles and digital art characters. Owning the $RBLZ token is how users gain these benefits, along with staking rewards and governance rights.
$RBLZ is, of course, the subject of Rebel Satoshi‘s presale, which has entered the fifth and final round. The incredible demand over the past few months has seen a few $RBLZ coins remaining, trading at $0.024. This price is 140% higher compared to the first stage when the coin traded for $0.10. The presale is expected to conclude at the end of the month, after which users should expect Rebel Satoshi‘s official launch!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram