The quest for the next significant token remains in the volatile yet potentially rewarding cryptocurrency sector. Altcoins such as Meme Moguls (MGLS), Injective (INJ) and Solana (SOL) stand out in this DeFi market. While INJ and SOL are well-established players, MGLS is a new ICO that has recently made headlines. With over $580,200 raised during Stage 2 of its presale, experts have pegged it as the next 100x token in 2024. Today, we discover why.
What you'll learn 👉
Meme Moguls (MGLS): One of the Best Cryptos To Invest In
According to Statista, the global meme industry value may reach $6.1B by 2025, and Meme Moguls (MGLS) aims to capitalize on it. Unlike 99% of the meme coin market, Meme Moguls is a revolutionary play-to-earn token offering real utility.
At its core lies the Meme Moguls game, designed to help you learn more about wealth building. The standout feature, simulated investing, will let you participate in a virtual stock market where you can compete with traders. During this time, you will master investment tactics and earn cash prizes or other meme collectibles.
This DeFi project has caused a frenzy in the crypto community as global investors are flooding the MGLS native token presale. Holding this altcoin is crucial since it will give you governance voting rights, staking rewards, and more. One MGLS token now costs just $0.0023 – a 21% increase from its starting price.
However, as the presale advances, this price will not remain. In fact, some experts even foresee its value reaching $0.19 in 2024 – a 100x ROI for those who buy it now. Since Meme Moguls is a one-of-a-kind project that has never been done before, it may become a fan-favorite for millions – making this price prediction very reasonable.
Injective Price Hits New All-Time High
Recently, Injective (INJ) announced the launch of its first mobile-based launchpad, Moon App. After this news, the Injective crypto surged from $30.85 on December 18 to its new all-time high of $39.88 on December 19.
The technical analysis for Injective also paints a bullish picture, with 19 out of the last 30 trading days being green. Additionally, the Fear & Greed index rating is 73 (Greed). All these indicators signal a potential uptrend.
Due to all these reasons, experts in the field have made a bullish Injective price prediction. They foresee this altcoin’s value reaching $15.03 within Q1 of 2024.
Why Is Solana Going Up?
Solana (SOL) has been on an uptrend recently, with its value rising from $67.85 on December 18 to $74.57 on December 19. This surge resulted from Circle announcing that EURC is now available on the Solana network.
From a technical perspective, this Solana price may continue climbing, with over 25 technical indicators showing bullish signs. Its value also sits comfortably above the 50 and 100-day EMAs – showing an uptrend.
Market analysts have taken note of these indicators while making their Solana price predictions. They forecast that the Solana price will hit $87.21 within Q1 of 2024 – making it one of the altcoins to watch.
Conclusion
While Injective, Solana, and Meme Moguls are all DeFi coins worth watching, one stands out. Notably Meme Moguls since it has a lower market cap. Injective and Solana have market caps of $3.2B and $31.9B, respectively. This means they will need many new funds to experience price surges. But, MGLS will not face this issue as its market cap sits at $6.9M.
Now is the perfect time to look into the Meme Moguls project, as a Christmas Giveaway of $20,000 is underway. You need to hold the MGLS token, submit on Zealy and the more you engage – the better chances you have of a bigger prize.
Learn more about the $MGLS here:
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