Major JPM Coin Development Results in Higher Trading Volume – How Far Can Polygon, TRON, and Meme Moguls Spike?

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November 24, 2023
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2 min read

Naveen Mallela, Head of Coin Systems at Onyx, announced that JPMorgan introduced programmable payments. They will operate through a blockchain system called JPM Coin. The testing phase originally began in 2021 with Siemens AG and has since then reached $1 billion in daily transactions. 

Nonetheless, the news sparked interest in various cryptocurrencies, and out of them, Polygon (MATIC), TRON (TRX), and Meme Moguls (ELDG) have made significant waves. Today, we will go over the price performance of each crypto to see just how far they can grow.

Summary

  • Polygon is to see a price upswing to a maximum value of $1.29 by the end of 2024
  • TRON will surge as high as $0.16
  • Meme Moguls to experience a 100x surge at launch

Polygon (MATIC) Experienced a 32.4% Price Increase Within a Single Week

The Polygon (MATIC) price jumped 32.4% last week and showcased an impressive rally, ultimately climbing to $0.978. The move caught many holders off-guard, especially as $1.7 million in short positions got liquidated. According to major crypto analyst Rekt Capital, the Polygon crypto is on the cusp of entering a new macro uptrend. 

The price of the MATIC token went up from $0.701 to $0.978, and currently, the Polygon market cap is sitting at $8,822,441,039, placing it as the 12th largest crypto. This, coupled with an increase in its trading volume by 25%, positions it as one of the highest-growing cryptos. According to the Polygon price prediction, it will breach $1 and spike to $1.29 by the end of Q4 2024.

TRON (TRX) To Swing up to $0.16 at the Start of 2024

While TRON’s (TRX) climb was not as substantial, it's still impressive. In October, the crypto was up 24.7%, indicating that interest in TRON is still massive.

TRONSCAN also reported that over 194 million accounts became a part of the network, marking one of the most substantial milestones in its history. Throughout the last seven days, the cryptocurrency had its low point at $0.096 after which it surged as high as $0.110 and experienced a climb of 111.3% during the past 365 days in total. According to the TRON price prediction, it will spike to $0.16 by the beginning of 2024. 

Meme Moguls (MGLS) Can Spike As High as 100x Based on Projections

While Polygon and TRON are bullish, Meme Moguls can experience a price upswing fueled by its innovative approach in meme coin trading. 

Through this platform, users can learn from the latest trends and gain insights from experienced traders. Anyone can buy, sell, or trade meme coins and earn in the process. 

There’s even a dedicated Stake and Earn program, where holders can stake the MGLS token to get passive income. At the end of each presale stage, the most active X user, formerly Twitter, will get $10,000, as there will be a giveaway

The amount received by each trader is dependent on the amount staked and the annual percentages of the pool chosen. There are also unique NFTs that represent rate, valuable digital assets that can enable ownership and collectability. Now, the MGLS token trades at $0.0019. At launch, analysts project a climb of 100x.

Visit Meme Moguls

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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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