Prominent crypto analyst, El Crypto Prof recently shared information about a significant event in the cryptocurrency market, specifically related to altcoins. In the post, he mentioned a “golden cross” of the Gooner EMA (Exponential Moving Average) on the monthly chart, suggesting it’s a strong signal. In light of this development, certain standout coins, including Injective, Lido DAO (LDO), and Meme Moguls (MGLS) are anticipated to secure positions among the top crypto coins.
Injective Price is Not Plummeting Anytime Soon— $INJ is Bullish
Injective made a whipping 2583.52% throughout last year, skyrocketing the price of $INJ to its current range of $35 to $38. Injective is among the top crypto coins of 2023, managing to amass so much growth and gaining over $3 trillion market cap figure.
Although, as of recently, Injective is facing a series of bearish and bullish fluctuations, INJ rice is still positioned at a comfortable spot in line for another uptrend as Bitcoin’s next halving closes in. While Injective trading volume is currently declining slowly, Injective still has strong support as it gained loyal investors last year.
The Injective price is currently nearing a possible target price of $50 and it might reach there before mid-2024. However, the crypto market is still going to be as vulnerable even in the aftermath of BTC halving, but Injective is a promising coin.
Lido DAO (LDO) Achieves Record Peak, Surging 18% Amidst ETF Uncertainty
Lido DAO (LDO) has shown resilience in the last 24 hours despite market uncertainty caused by misinformation about Bitcoin ETFs. Lido DAO price had been in a positive momentum for a significant period of time.
Lido DAO experienced a noteworthy surge, climbing from a low of $3.13 to an all-time high of $3.83, and it currently stands at $3.69 to $3.79, reflecting a 15.53% increase from its lowest point in the day.
What’s particularly notable is that this uptrend in Lido DAO price is accompanied by a significant boost in both market capitalization and trading volume. The market cap has grown by 15.53%, reaching over $3.3 billion.
Additionally, Lido DAO trading volume has seen a remarkable surge, rising by 123.83% to over $390 million. This surge in activity underscores a rising interest from investors in Lido DAO.
Meme Moguls (MGLS) Unleaches Play-to-Earn Excitement and Real Rewards
Meme Moguls is gearing up for an epic launch, offering a vibrant blend of play-to-earn dynamics, simulated investing, and a thriving community atmosphere.
The $MGLS token takes center stage, acting as both in-game currency and governance token. This dual functionality not only enhances the utility of the Meme Moguls native asset but also positions it to potentially secure a prominent rank among top crypto coins to consider this year.
Meme Moguls, doubling as an ecosystem further allows members to engage in thrilling features like head-to-head contests, trading tournaments, and a wealth leaderboard to create a competitive environment. This ultimately urges users to aim for financial success while capitalizing on their trading prowess.
Beyond the gaming realm, Meme Moguls introduces Moguls World, an expansive metaverse where users can connect, mine tokens, participate in liquidity pools, and engage in token staking. The staking feature, where players contribute tokens to earn rewards, becomes a key factor in building anticipation for a potential high rally of $MGLS at launch.
This dynamic fusion of gaming, trading, and community-driven interactions positions Meme Moguls as a magnetic destination for investors and traders looking for the best cryptocurrency to invest in. In the meantime, interested participants can join the 4th stage of the ongoing Meme Moguls token presale and buy $MGLS for its current price of $0.0027.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.