As 2023 is now behind us, the cryptocurrency landscape witnesses an intriguing race between two prominent assets, Ripple (XRP) and Cardano (ADA), both striving to reach the elusive $1 price level. Meanwhile, Meme Moguls’ complete game plan is to revolutionize the view on meme coins with unique utility features.
Ripple XRP token and Cardano both exhibit strong foundations for potential price appreciation. A notable crypto market expert, CoinsKid, observed a tight competition on December 28, suggesting a close race, possibly favoring Ripple. Anyway, let’s discuss further.
What you'll learn 👉
Ripple XRP Will Surpass the $1 Price Range in 2024
Ripple has refused to experience any major price boost since it fell from its monthly peak of $0.6901 on the 9th of this month. However, in the battle to $1 between Ripple and Cardano, technical indicators slightly favor Ripple, with TradingView’s one-day sentiment gauges signaling a “strong buy” for XRP.
At the time of writing, Ripple was trading at $0.6297, showing a 0.04% increase in the last 24 hours, a 2.29% gain over the previous week, and a 3.42% advance in the past month (as of December 28).
The resolution of the legal battle Ripple had with the SEC could act as a catalyst for XRP’s upward movement, potentially surpassing the $1 price level in 2024. Meanwhile, Crypto analyst Crypto Tony advises followers to focus on the breakout in XRP’s chart, and anticipate potential gains.
Cardano’s (ADA) Evolution and Development Will Influence a Price Surge
Simultaneously, Cardano, XRP’s competitor, is currently priced at a range of $0.6167 to $0.6489, close to XRP. The price of Cardano today is greatly influenced by its trading volume, which was up by 63.74% in the last 24 hours.
Due to the formation of a symmetrical triangle by Cardano, crypto analyst, Ali Martinez, emphasizes the importance of a sustained candlestick close above $0.63 to trigger a breakout towards $0.70 for Cardano.
Cardano has reclaimed the top position among crypto teams on GitHub, showcasing robust development activities and a growing ecosystem, including nearly 10,000 smart contracts added in 2023.
Despite the bear sentiment that started today, the price of Cardano is promising and may regain yet another bullish trend just before the end of the year.
Meme Moguls (MGLS) Changes The Narrative About Meme Coins With Unique Features
Meme Moguls is changing how we see meme coins as it offers a unique journey to becoming a crypto mogul. The platform presents an opportunity for investors to engage with each other, earn $MGLS tokens, and boost both their wealth and meme trading skills.
For instance, you can refine your meme trading strategies, learn from market trends, and gain insights from experienced traders on Meme Moguls. Particularly, there’s a wealth leaderboard that motivates you to climb higher and achieve financial success, empowering you to be your own mogul in the crypto world.
Meme Moguls stands out as one of the best crypto investment platforms due to its unique features, including the utility token $MGLS, which serves both as an in-game currency and governance token. Unlike most meme coins driven by hype, Meme Moguls brings substance to the table in diverse ways including having a dedicated meme-backed exchange/marketplace.
The game is your playground to learn to invest and build wealth. Simulated investing lets you compete with friends, earn cash prizes, and turn simulated profits into real cash returns. You can start with $100,000 in virtual cash, create a diversified portfolio, and take on challenges for real rewards.
Meme Moguls also brings exciting features like community-driven tournaments, head-to-head contests, and an in-game marketplace. Here, you can rise to mogul status, monetize your trading skills, and explore Moguls World—a metaverse for connecting, mining tokens, and staking to join an ecosystem beyond typical meme coin hype.
As Meme Moguls strives to establish itself as one of the best crypto investments ahead of 2024, its ongoing presale is generating significant interest. The platform is quickly selling out its third presale round, with each token being priced at $0.0025.
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