Monero (XMR) Loses Bullish Foothold Having Experienced Sharp Decline in Price Value, Mantle (MNT) and Meme Moguls (MGLS) Sees Thriving Market Trajectories

As coins in the crypto market continue to swing from bear to bull, Monero (XMR) took a big hit, losing a significant percentage of its price value in the last few weeks. Meanwhile, Mantle (MNT) and Meme Moguls (MGLS) tokens are witnessing surging market activity, resulting in a significant uptrend.

Meme Moguls, which is already making waves in the market, has given early investors over 120% ROI, ranking it among the top DeFi coins in the market presently. Find out more below.

Meme Moguls (MGLS) to End its Presale in 2 Days Following Record Investors’ Influx

Meme Moguls (MGLS) may well be ahead of its presale schedule, given the record number of investors buying the token at the ongoing presale. For context, Meme Moguls has raised over $2.7M in presale so far, having seen thousands of investors join the project.

Given the MGLS token’s strong utility in the Meme Moguls ecosystem, the token has become a highly sought-after meme coin in the industry. 

Notably, early investors of the MGLS token have already recorded up to 120% ROI. In the same way, experts are projecting MGLS to grow by up to 350% within a year after launch. As such, it is only wise to join the MGLS presale now and position yourself for potential exponential growth.

At the price of only $0.0042, MGLS represents a top crypto investment alternative for investors looking to reap significant ROI in the future. Over 4,000 people have joined the platform as it gears to list the token on Uniswap in the coming weeks. 

Meanwhile, the Meme Moguls platform is a play-to-earn (P2E) project where community members can trade meme assets using real-time market data. As a P2E platform, members are open to earning passive income by participating in the games and earning NFTs and other collectibles for cash.

With Meme Moguls, investors can also share insights with other community members while they trade to become the next Moguls. Overall, the Meme Moguls project is a gold mine for investors and also an immersive gaming environment for meme enthusiasts.

Mantle (MNT) on an All-time Price High, on the Verge of Entering the $1 Mark

Mantle (MNT) is one of the top DeFi coins in the market at the moment. As data from the token’s market chart shows, Mantle has gained over 21% within the past week alone. To further show the extent of the token’s bullish sentiment, it has gained 41% within the last month and an overall 91% growth since the token was launched in July 2023.

This price growth has placed the Mantle price at an all-time high and within touching distance of reaching the $1 benchmark. At the current trajectory, the Mantle token is most likely to trade above $1 before the end of Q1 of 2024. However, that will depend if there is no downtrend in the general crypto market. 

Monero (XMR) Gradually Building a Resurging Momentum, Having Undergone a Sharp Bear Dip

In the first week of February, Monero (XMR) experienced a sharp price decline, which saw the token go from the price value of $164 to $105, which was over 35% loss within a day. This price decline has undone all the bullish momentum Monero has been building since January. 

However, the Monero token is gradually seeing a marginal rise in price value. As shown in the market stats, Monero has gained about 8% in value in the past week. Meanwhile, the Monero trading volume is on a marginal decline, which could pose a problem for the token’s ongoing resurgence.

Visit Meme Moguls 

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.