While many cryptocurrencies have entered a bear run, Helium, Meme Moguls and Avalanche are soaring. Helium recently hit an annual high, and analysts are making bullish Avalanche predictions after it attracted several new institutional investors. Meanwhile, seasoned investors are flocking to the Meme Moguls presale, which is expected to offer returns of 100x in 2024.
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Helium Hits Annual High In December
Helium recently hit an annual high after announcing the launch of Helium Mobile on December 5th. Helium Mobile is a new mobile plan that costs individuals $20 a month and offers unlimited data. Should its launch be a success, Helium could become one of the first DeFi projects to go mainstream.
Helium’s value is now up 138% over the last month, and tokens are trading at $4.86. According to Coincodex, Helium could finish December at $5.75, while other investors argue that $6 is possible before the end of 2023.
Meme Moguls On Track To Hit A New High This Christmas
Meme Moguls is a brand new cryptocurrency project that plays on memes and investing. The project introduces a one-of-a-kind game that generates a multitude of opportunities for its player base. At its core, the game will introduce a meme stock market where investors will be able to buy, sell, and trade memes to make a profit. But that’s far from all it offers.
As part of its ecosystem, Meme Moguls will introduce simulated investing, where players can invest $100,000 of virtual funds into the stock market to build new investment strategies and improve their investment knowledge. Players will also have the chance to take part in tournaments where they can win a number of rewards.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href="https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw">$MGLS</a> Farming. Coming soon… <a href="https://t.co/9UPUeV5klt">pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href="https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw">December 8, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Alternatively, the Meme Moguls game will introduce alternative features such as Beat the Market’, in which investors will have to outperform index funds for prizes such as NFTs and cryptocurrency.
$MGLS tokens will be used throughout the Meme Moguls ecosystem. Tokens will be used for transactions, and investors will also be able to stake their tokens to generate a passive income. Tokens are currently available at $0.0023, though are expected to hit a new high before Christmas, with stage one of the Meme Moguls presale already 85% sold out.
To guarantee investor safety, $MGLS liquidity will be locked for five years, and team tokens will be locked for two. Furthermore, Meme Moguls has passed an external audit, ensuring there’s no risk of a rug pull.
Avalanche Passes $40 Resistance Zone
Avalanche has become the 6th most traded cryptocurrency in just a few weeks after a series of consecutive price increases. After passing its initial $25 resistance zone, Avalanche passed $30 and $40 a few days later, hitting $43 before its value started to decline.
Despite declining in value, Avalanche’s daily trading volume remains above $2.3 billion, and crypto analysts remain bullish towards the project. For example, crypto analyst Jacob Canfield recently predicted that Avalanche will hit $50 by the end of 2023. This has reignited the buzz around Avalanche, attracting a new influx of investors in the process.
These investors include a number of large institutions such as Digital Currency Group (DCG), Galaxy Digital, and CoinShares, each of which is bullish about Avalanche going into 2024.
