The cryptocurrency landscape has witnessed a seismic shift as the infamous crypto winter appears to be thawing. Among the standout performers leading this resurgence are Cardano (ADA), Meme Moguls (MGLS), and Fantom (FTM). They are all experiencing meteoric rises in value and influence within the digital asset market.
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Cardano (ADA): Seeking Partnership with Kraken
Recently, the Cardano (ADA) founder, Charles Hoskinson, has publicly expressed keen interest in collaborating with Kraken. The proposed partnership aims to help build Kraken’s L2 blockchain network.
After this Cardano news, its value jumped from $0.37 on November 12 to $0.38 on November 13. It continues to exhibit a positive trend, with 21 out of 30 days marked as green days in the past month. The Cardano sentiment is also bullish, with 18 technical indicators showing green.
Because of this, analysts have made a bullish Cardano price prediction. They anticipate that such strategic alliances and the platform’s technological advancements may propel the Cardano price to reach $0.43 by December 2023.
Meme Moguls (MGLS): Something New in the Meme Space
Meme Moguls (MGLS) may emerge as a frontrunner in the meme-centric crypto space. Aiming to tap into a market that Statista valued at $2.3B in 2020, Meme Moguls will introduce a unique platform allowing users to delve into meme-based assets. This unique platform will be the world’s first meme-backed stock market.
On this market, meme enthusiasts from all over the globe can collaborate, engage, and even compete. For example, if you seek healthy competition, Meme Moguls will implement a wealth leaderboard. Or, if you are looking for passive income, it will provide a staking pool for MGLS – its native token. The more tokens you stake, the higher the rewards.
Currently, the project is in the Beta stage of its presale, offering one MGLS for just $0.0019. Thanks to its lower market cap, it may surge faster than its rivals. Some experts forecast a 100x growth for its value before its presale finishes. If you join the presale now, you will also be eligible for the $10,000 giveaway that Meme Moguls will do at the end of each presale stage.
Fantom (FTM): Shines in Scalability
Fantom (FTM), revered for its high-performance blockchain, has caught the market’s attention with its scalability and transaction speed. The recent Fantom Sonic launch, promising ultra-fast transactions and reduced storage requirements, has positioned FTM as a beacon of innovation in the blockchain landscape.
The Fantom price increased from $0.22 on October 22 to $0.32 on November 15. Also, sentiment around it is bullish, with 24 technical indicators in the green. The Fantom coin is also experiencing 20/30 (67%) green days with a 16.88% volatility over the last 30 days.
Experts in the field have taken note of all these factors when making their Fantom price predictions. They forecast a surge to $0.38 for the Fantom crypto within Q4 of 2023.
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