Arbitrum (ARB) Reached New ATH, Aptos (APT) Surpasses 20-Day EMA – Meme Moguls (MGLS) Emerges as a Major Contender

Arbitrum (ARB) and Aptos (APT) both grew in value by over 20% during the past week, signifying green momentum. Their price flow could be an indication of a coming market rally that could be just around the horizon. Meme Moguls (MGLS) is no exception to this, as its presale has been selling out quickly. Its price could soon surge, and to see just how far it can rise, we will go over each crypto’s on-chart performance individually. We will also determine which is the best crypto to invest in now.

Arbitrum (ARB) Reached New ATH at $2.39 – Is Further Growth Possible?

Arbitrum (ARB) has increased significantly, following a parabolic ascending support trend line since September 2023. This resulted in the crypto reaching a new all-time high point, where on January 12, 2024, it climbed to $2.39. The Arbitrum crypto has surged by a total of 92.5% during the past 30 days, and during the past week, it’s up 28.6%. 

The Arbitrum price actions and wave count both support the upward movement, which could result in even more gains. The crypto accelerated its rate of increase, and the future price projections remain bullish. The RSI showcases signs of a local top since it has generated bearish divergence (green line), supporting the possibility that a top is close. According to the Arbitrum price prediction, it can end in 2024 at $3.78.

Aptos (APT) Surpasses 20-Day EMA – Price Set to Reach $16.10

Aptos (APT) has regained traction and is advancing towards moving above the $11 price barrier after dropping under $8 during the past week. The bulls are trying to get out of the bearish territory, and in this way, they managed to surpass the 20-day EMA. The Aptos price bulls are now returning after a short decline, and the price will continue further above the weekly highs.

An overall break above $10 for this DeFi cryptocurrency marked a major level of momentum for the Aptos crypto and showcased a bullish bias. The price experienced a positive upswing in the past three months as a whole, and its RSI is above 50, headed to attain higher levels According to the Aptos price prediction, it can surge to $16.10 by the end of 2024. 

Meme Moguls (MGLS) to Introduce P2E Ecosystem With Passive Income Opportunity

Meme Moguls (MGLS) will help users learn how to invest and build wealth by introducing a vast ecosystem with P2E elements. The native cryptocurrency behind the platform, MGLS, will be used as an in-game currency and a governance token inside of its ecosystem. 

  • Any player can compete with their friends in virtual stock trading. They can then learn various investment strategies and discover new investment opportunities while earning cash prizes in the process. Every player will begin with $100,000 in virtual currency. 
  • They will then be able to use this balance and create a portfolio. With it, they can complete challenges. These can then be turned into real, cashable returns.
  • The community members can set up tournaments and play with their friends. They can then compete in the game for fun or with tournament buy-ins and rewards. 

Players who contribute their balance to the Meme Moguls staking pool can also get passive income opportunities. At Stage 4 of the presale, MGLS trades at $0.0027. At launch, however, analysts are projecting a price upswing of 5,000%, making it the best crypto to invest in now.

Summary

Arbitrum could soon reach new heights, and Aptos is bullish. Yet, a massive level of appeal is seen for the Meme Moguls crypto. With its vast ecosystem, passive income opportunities, and staking system, the MGLS token is getting much attention from traders globally. As a result, it’s shaping up to be one of the hottest projects in 2024. 

Learn more about the $MGLS here:

Visit Meme Moguls | Join the Community

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Philipp Traugott
Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.

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