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Shiba Inu Realizes $12M in Funding for New L3 Network, Pepe Price Surges, New Gaming Platform Takes Center Stage

Matt Williams
Last updated: | 3 min read
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
Ethereum

TLDR:

  • The Shiba Inu community contributed $12 million as its share in helping to build an L3 solution for the network.
  • Pepe coin has been one of the most bullish memecoins, rising by 17.8% in the last week.
  • Rebel Satoshi Arcade is building a fun gaming ecosystem that allows users to play games and earn prizes.

The Shiba Inu community has managed to raise $12 million for the creation of an L3 solution. However, Pepe coin has registered a 17.8% price increase over the last week. In other news, Rebel Satoshi Arcade is making inroads into the play to earn gaming sector, developing a decentralized ecosystem that enables the players to play games and earn rewards.

The Rebel Satoshi Arcade (RECQ) Gaming Ecosystem and Its Enormous Benefits 


Rebel Satoshi (RECQ) is a new crypto project aiming to shake up the crypto scene by placing emphasis on decentralization and community involvement. As part of its goal to create an inclusive ecosystem, Rebel Satoshi is building an ecosystem that will feature old, new, and revamped games. The positive part is that community members may participate in gaming these games to win rewards such as access to the best NFTs, top gaming tools, and new games.

Rebel Satoshi also pays its participants for activity, not for registration. Participation in games and the promotion of the gaming platform on social media entitles one to free ERC20 tokens. This makes Rebel Satoshi the most promising DeFi project to join at the moment. The Rebel Satoshi ecosystem has two native tokens – $RBLZ and $RECQ. Both DeFi coins have different uses on the platform. 

$RBLZ holders enjoy voting rights, staking rewards, early access to NFT collections, and discounts on merchandise. $RECQ is used for transactions on the Rebel Satoshi platform and to pay for fees, making it a good crypto to buy. Presently, $RECQ is priced at just $0.0037 in Stage 1 of its presale. Those who join the presale now will receive 230% ROI at the end of the presale.

RBLZ

Shiba Inu (SHIB) Raises $12 Million To Build 


Shiba Inu (SHIB), one of the leading meme coins, recently secured $12 million in funding through the sale of $TREAT tokens. Major venture capital firms like Polygon Ventures, Animoca Brands, and DWF Ventures were among the participants in this funding round.

The funds will be directed toward developing a layer-3 scaling solution for the protocol, a successor to Shibarium. The L3 protocol will be built on Shibarium and will deploy the security and liquidity features from the Ethereum protocol. The new protocol could increase the adoption of the network, which could benefit SHIB

Pepe (PEPE) Price Surges 17.8%, Outperforming Dogecoin


Pepe (PEPE) is one of the leaders of the meme coin market recovery after the Bitcoin halving. On the weekly chart, the meme coin gave a 17.8% price surge, rising from a low of $0.000004721 to a high of $0.000006531.

This makes it one of the best meme coins to purchase since it does better than Dogecoin and Dogwifhat. With the price gain, however, Pepe still lags behind Dogwifhat as the fourth biggest memecoin by market cap. Nevertheless, analysts are positive that with the high outlook, the price of Pepe will reach new highs during the next weeks.

Conclusion


A new promising project in the crypto space is Rebel Satoshi Arcade which merges earning opportunities and gaming fun. Such opportunities place Rebel Satoshi Arcade as one of the most lucrative DeFi projects to participate in for those wanting to have an unassailable gaming experience and the possibility of rewards.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.