The cryptocurrency market has seen a lot of change recently. One specific change caught people’s attention: the recent developments of Optimism (OP). After an official X tweet, the project got much more interest and value. Tron (TRX) and Meme Moguls (MGLS) are also doing great.
Many analysts hint that MGLS, now in Stage 5 of its presale, may become the next 100x meme coin in 2024. Let’s find out why.
What you'll learn 👉
Optimism (OP): Official X Post Triggers a Rally
Recently, Optimism (OP) has been making headlines. Notably, the official X account posted, “Optimism always wins.” After this post, interest in the Optimism crypto increased. In terms of this altcoin’s value movement, it has jumped from $3.65 to $3.99 in the past week alone. Its market cap grew from $3.49B to $3.81B during that time.
Additionally, the technical analysis for Optimism paints a bullish picture, as 23 technical indicators are flashing green. Due to all this bullish Optimism news, experts in the crypto field predict that it may hit $5.09 within Q2 of 2024.
Tron (TRX): TocketPocket Now Supports USDT Payment
Meanwhile, Tron (TRX) has also shown some exciting developments. For instance, TocketPocket announced that those without Tron may now use USDT for payments. With this development, traders will pay any Tron Network fee with USDT and receive 20 TRX for future use.
This Tron news may trigger a rally for this crypto. Regarding its value movement, Tron has surged from $0.12 to $0.13 in the past seven days. In that period, its market cap has increased from $11.03B to $12.12B. Thus, market analysts forecast a price of $0.18 for this altcoin within Q1 of 2024.
Meme Moguls (MGLS): To Dominate the Meme Coin Market
Meme Moguls (MGLS) is gaining momentum, particularly during its ongoing presale, which has raised close to $2.5M. The sudden interest in the project comes from how promising MGLS will be as a meme coin in the crypto market. Utility is scarce, but this project provides some real value.
Its capability to perform two tasks simultaneously sets it apart from other meme coins. Acting as a governance token and an in-game currency for the upcoming Meme Moguls play-to-earn game (P2E). The team behind the project designed it precisely to remove the meme coin narrative that most investors are tired of hearing, offering actual utility.
The Meme Moguls P2E game promises an immersive experience for players. Participants will delve into virtual stock trading experiences, gaining insights into wealth-building and investments. They may even stake the MGLS tokens or engage in the Moguls World – a metaverse experience connecting worldwide players.
Currently priced at $0.0036 during Stage 5 of its presale, MGLS has already provided early buyers with a 90% ROI. With a Uniswap listing scheduled for Q1 2024, experts are optimistic about a potential 100x surge soon. The ongoing 30% deposit bonus during the presale further enhances the appeal for potential investors looking to capitalize on this promising meme coin.
Will Meme Moguls Leave Optimism and Tron in the Dust?
The low market cap of $10.8M positions Meme Moguls for accelerated growth compared to established players like Optimism and Tron. With the potential for faster surges in value due to reduced new fund requirements, Meme Moguls may dominate the meme coin space.
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