Cardano is making monumental gains in Q4. Its value surged by 34.96% in one month, triggering a rise in trading volume and Cardano activity. As investors predict additional price increases, experts believe that Cardano could hit $0.5 by the end of 2023.
At the same time the Meme Moguls presale is gaining traction. The new P2E meme token is set to take the market by storm, offering potential returns of 100x in 2024. Here’s how the two projects compare.
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Cardano Breaks $0.45 Resistance Level
Cardano’s bullish trend continues with a 7.21% price increase over the last 24 hours. This rise has defied market expectations, and taken Cardano to $0.48, its highest value in 2023.
Given the project’s developments throughout 2023, the rally is no surprise to many experts. For example, Cardano hit a total value locked (TVL) of $1 billion, and transaction volume on Cardano increased by over 500% in the last 12 months.
In addition to its price increase, Cardano’s daily trading volume is also soaring. This increased by 61% overnight, and is consistently hitting over half a billion. Such gains make Cardano one of the most traded cryptocurrencies in the world and signify a resurgence in confidence surrounding the project.
After a promising start in December, experts believe Cardano could be a big hit in 2024. Should its growth continue, Cardano will likely pass the $0.5 threshold by the end of the year, after which experts believe it could hit $0.7 by the end of Q1.
Meme Moguls Combines Meme Tokens With Great Utility
With meme tokens booming there’s never been a better time for Meme Moguls to enter the DeFi market. The project combines the excitement of memecoins with an innovative educational game, instantly giving its token, $MLGS, greater utility than 99% of meme tokens in circulation.
The Meme Moguls game is designed to help users learn about investing. It builds on the concept of simulated investing, in which players get $100,000 in virtual money to invest in the stock market. Players will be able to invest their funds, compete with friends in virtual stock market games, learn new investing strategies, and earn cash prizes and meme rewards.
MOGULS!! 🔥
— Meme Moguls (@meme_moguls) December 8, 2023
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
The game has been carefully designed to simulate the real-world investment market. Players will only be able to invest 20% of their cash portfolio in a single investment, and challenges such as “Beat the Market” will be available to turn simulated profits into cash.
Players will also have the chance to engage in the Meme Moguls community through tournaments. Tournaments can be designed as learning tools or have real prize pools and buy-ins for a more competitive experience.
Users throughout the Meme Moguls ecosystem will be ranked on the wealth leaderboards. The top 20 ranked players will become “Moguls” and will generate a passive income from their trading experience.
This exciting new game is already proving popular as thousands of investors buy into the Meme Moguls presale. $MLGS tokens are currently selling at $0.0021, and experts anticipate returns of 100x by the end of 2024. If this wasn’t a huge selling point, one lucky investor will win $10,000 after each presale stage sells out, making Meme Moguls a win-win investment.
For more information about the Meme Moguls (MGLS) presale:
Website | Buy presale | Twitter
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