As Meme Moguls’s (MGLS) presale nears its end on February 28, Cardano (ADA) and Dogecoin (DOGE) investors are rushing to buy it. This DeFi project has now raised close to $2.5M, showing the level of attention it is getting. Some analysts are even hinting that this Stage 5 presale star may evolve into the next 100x meme coin in 2024. Let’s discover why.
Cardano (ADA): Experiencing Price Volatility
Recently, Cardano (ADA) has shown some price volatility. CoinMarketCap data indicates that the Cardano price has moved between $0.49 and $0.47 in the past week alone. During that time, its market cap has fluctuated between $17.69B and $16.94B.
From a technical analysis, this altcoin may see a bullish run soon. For example, it now trades above its 21 and 50-day EMAs. The Cardano Fear & Greed index rating also shows a 62 (Greed). Because of these reasons, experts in the crypto field have made a bullish Cardano price prediction. They foresee a surge to $0.50 in March 2024 for Cardano.
Dogecoin (DOGE): Number of Wallets Rising
Over the past two weeks, Dogecoin (DOGE) has increased its user base. According to Santiment, an extra 413,800 wallets have been created. Most people with these new wallets only stored between 0.001 and 1 DOGE.
This Dogecoin news may trigger a rally in its value. Over the past seven days, this altcoin’s value has moved between $0.0786 and $0.0784. Also, its market cap has fluctuated between $11.25B and $11.22B. Due to all these factors, market analysts foresee Dogecoin trading at $0.0799 in March 2024.
Meme Moguls (MGLS): Crypto ICO Event To End Soon
Meme Moguls (MGLS) is making headlines in the current DeFi market. With a stellar presale performance that has helped raise close to $2.5M and sell millions of MGLS tokens, its future looks bright. The Meme Moguls team recently announced that the presale will end on February 28, making individuals flood this crypto ICO event.
Currently, one MGLS token is worth just $0.0036. This is a 90% ROI for those who bought it early on. But, once the presale ends, Meme Moguls announced that a Uniswap listing will occur. Market analysts forecast a 1,000% surge for this meme coin when this happens.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">MOGULS!! 🔥<br><br>Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! <a href="https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw">$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>
Unlike 99% of meme coins, Meme Moguls have actual utility. In other words, MGLS will serve as the governance token and in-game currency for Meme Moguls’s P2E game. In this game, you can engage in virtual stock trading experiences - earning cryptocurrency and rewards. The test phase of this game is set to launch on March 11.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
At the moment, a 30% deposit bonus is in effect, so those who buy it now will gain something extra. Therefore, many investors are rushing to buy this game-changing meme coin.
Will Meme Moguls Surge Faster Than Cardano and Dogecoin?
While Cardano and Dogecoin are altcoins to monitor, Meme Moguls gains an advantage. Firstly, it has ties to the meme industry, which Statista valued at $2.3B in 2020. With connections to such a resilient market, tapping into it may generate millions.
Plus, Meme Moguls has a market cap of only $10.8M - drastically lower than its peers. In other words, MGLS will need fewer new funds for its price to surge.
