The first quarter of 2024 will be a wild ride for many altcoins, such as Near Protocol (NEAR) and Ethereum (ETH). Today, we look at some price predictions for these hot tokens. Meanwhile, Meme Moguls (MGLS) - a Stage 5 presale star, has been making waves in the meme coin space. Many analysts even have it pegged as the next 100x meme coin in 2024. Let’s see why.
Near Protocol (NEAR): Price Soars Around 22%
Recently, Near Protocol (NEAR) has been showing bullish signs. For instance, the Near Protocol price increased from $2.90 to $3.53 in the past 30 days. Its market cap also grew from $2.91B to $3.67B in that time. Not only that, Near Protocol experienced 17/30 green trading days.
From a technical analysis standpoint, this number will increase as Near Protocol trades above its 50 and 100-day EMAs. Furthermore, this altcoin has 24 technical indicators in the green. Because of this, experts in the crypto field have made a bullish Near Protocol price prediction. They forecast a surge to $4.95 within Q1 of 2024 for NEAR.
Meme Moguls (MGLS): To Rule the Meme Coin Market
The Meme Moguls (MGLS) presale is garnering a significant amount of attention and investment. This project has already raised nearly $2.5M in its presale performance, aiming to make waves in the booming meme coin sector. With real utility and an experienced team behind it, there is no reason why MGLS cannot become a blue-chip token.
What sets Meme Moguls apart is its commitment to blending meme coin dynamics with tangible utility. Unlike most meme coins, MGLS serves a dual purpose as a governance token and the in-game currency for the upcoming Meme Moguls play-to-earn (P2E) game.
In the P2E game, players will participate in virtual stock trading experiences, gaining insights into wealth-building and investments. They may even try to “Beat the Market” - a game mode where you can compete against indexes like the S&P 500.
The Meme Moguls ecosystem is built on the MGLS token. Currently priced at $0.0036 during Stage 5 of its presale, early adopters are already up by 90%. And since it’s set to be listed on Uniswap in Q1 2024, experts are predicting a 100x pump. At this moment, there’s also a 30% deposit bonus, which adds to the overall appeal of this game-changing meme coin.
Michaël Van De Poppe Announces a Bullish Ethereum Price Prediction
Meanwhile, Ethereum (ETH) has also been making headlines. For instance, crypto analyst Michaël Van De Poppe remains bullish for this altcoin. In other words, Poppe made a new tweet stating that a price increase would come after the Dencun upgrade or from a short-term peak of BTC. He claims that Ethereum will also reclaim 0.06.
In terms of the Ethereum price movement, it has jumped from $2,488 to $2,901 in the past week alone. Its market cap also grew from $299B to $348B during that time. Additionally, Ethereum is now trading above its 100 and 200-day EMAs. As a result, experts predict that this altcoin will hit $3,629 within Q1 of 2024.
Can Meme Moguls Outpace Near Protocol and Ethereum?
Meme Moguls hold a solid chance of outpacing giants like Near Protocol and Ethereum. With a modest market cap of $10.8M, Meme Moguls can reach heights faster by requiring fewer new funds. Thus, MGLS is one of the best meme coins to invest in if you wish to see fast returns.
