The cryptocurrency landscape can be quite competitive. New coins break out every year, and old coins get rejuvenated, becoming the best crypto to invest in once again. Of course, it’s early in the year to know the top cryptos 2024 will see, but savvy investors might already have a few in mind.
Breakout cryptocurrencies have a unique value proposition, are on the verge of being popular, and usually ride current market trends. This article will look at three coins ready to break out, including Meme Moguls (MGLS), an innovative new project quickly gaining traction.
By examining their unique value proposition, popularity, and current trends, three coins – Meme Moguls (MGLS), Chainlink (LINK), and Avalanche (AVAX) – emerge as top candidates. This article examines why they’re tipped to have a breakout year in 2024.
What you'll learn 👉
What is Meme Moguls (MGLS)? Why is it among the top cryptos 2024 will see?
Meme Moguls is a trailblazing new project that aims to bring a much-needed change to the crypto trading landscape. Touted to be the world’s first meme-backed stock market/exchange, it provides a unique platform and community. Here, users can discover the power of memes, connect with like-minded individuals, and unleash their earning potential.
Apart from being a revolutionary exchange, Meme Moguls also sports a casino as well as a Fantasy Trader platform, where users can compete against each other and win prizes. It also comes with a Mogul Land, a metaverse world where users can mine tokens, join liquidity pools, and stake tokens to earn rewards.
The project’s mission is to level the playing ground so that every crypto trader has access to cutting-edge trading tools and opportunities. Compelling incentives, such as a $10,000 cash prize for its most active Twitter advocate, captured the attention of crypto investors and enthusiasts. That’s why MGLS’ ongoing presale has had so much success.
Fueled by surging demand, MGLS quickly doubled its presale launch price. It’s being actively traded at a price of $0.0027, having surpassed an ICO valuation of one million dollars. There’s still a lot of room for massive gains, given that the coin hasn’t been listed and isn’t as popular as it should be. That’s why it’s one of the best crypto to invest in
Chainlink (LINK) sets a positive tone for 2024 after a fabulous 2023
Layer 1 interoperable blockchain Chainlink is also among the top cryptos 2024 will see. It’s a decentralized network where smart contracts securely interact with real-world data and external APIs. It retrieves, validates, and delivers accurate data so as to enhance smart contract versatility and boost its efficiency.
By offering tamper-proof data for the execution of smart contracts, Chainlink gained widespread adoption across different blockchain systems. After hitting an all-time high of $52 in 2021, it fell to a low of $6.7 at the end of 2022. But in 2023, it sprung back to life.
LINK started 2023 at $7 and traded horizontally for most part of the year. It finished at a strong $15, which is a 200% ROI. Currently, it hovers around $16, with a market cap of $9.75 billion.
The recent introduction of a staking program is expected to boost LINK’s price. Buoyed by bullish speculations, experts expect LINK to carry this momentum into the new year. This places it in the league of the top cryptos 2024 will witness.
Avalanche (AVAX) boosted by impending crypto bull
Avalanche is a robust layer-one solution for scalable smart contracts and decentralized applications. Its offerings include low latency, high throughput, and a super-fast speed of 6,500 TPS, which is superior to most of its competitors. Avalanche also allows users to stake tokens and earn rewards.
AVAX didn’t record impressive price gains in recent times – until the end of 2023. Buoyed by an impending bull market, it soared from $10 to over $40 in Q4 2023. Its TVL (Total Value Locked) also surged by more than 100%, hitting an impressive $940 million.
Additionally, Avalanche is diversifying its interests and intends to embrace the trending meme culture. This suggests a resurgence and positions it as one of the top cryptos of 2024.
Meme Moguls: the breakout coin for 2024
As the crypto market bull run approaches, Meme Moguls emerges as the standout candidate among top breakout coins. By introducing a unique meme-backed stock market/exchange and leveraging on a strong community, Meme Moguls provides an opportunity for crypto investors to unleash their earning potential.
MGLS is currently in presale, and early investors have already made gains from it. It’s got a massive moon potential because it’s yet to list on exchanges. This makes it the breakout coin of 2024 and the best crypto to invest in this year.
You can participate in the Meme Moguls presale here.
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