The cryptocurrency sector is filled with excitement. Meme Moguls (MGLS) has recently made headlines by revealing a substantial $20,000 giveaway. Simultaneously, crypto analyst Ali Martinez has presented a compelling bullish forecast for Ethereum (ETH). While ETH is a crypto giant, MGLS is a new ICO currently in Stage 2 of its presale that may even become the next 100x token in 2024. Today, we will learn why.
Meme Moguls (MGLS): New $20,000 Giveaway
Meme Moguls (MGLS) has been making headlines, raising over $599,400 during Stage 2 of its presale so far. But, the MGLS team recently also announced a mega $20,000 giveaway. During this event, you will need to hold MGLS tokens, keep submitting on Zealy, and boost your engagement levels – the more tokens you own, the better your chances at bigger rewards.
https://twitter.com/meme_moguls/status/1735365019578089887
As a result, interest in this DeFi project has increased as millions of MGLS tokens have been sold already. These tokens will serve as in-game currency and a governance token within the unique Meme Moguls P2E game. In this game, you can make virtual investments, build up your wealth, compete against other traders, or even attempt to “Beat the Market.” This is a one-of-a-kind project that has never been done before.
It will introduce an innovative farming program, inviting you to actively engage and contribute to the project while reaping rewarding benefits. By actively participating in various project-related tasks, you will earn MGLS coins. These coins can even be contributed to the Meme Moguls staking pool, giving you various rewards.
One MGLS token now costs just $0.0023. Those who bought it early on are enjoying a 21% ROI. As the presale goes on, this percentage will undoubtedly rise. Additionally, CoinCodex reports that the meme coin sector is worth $23.38B, a 1.06% increase in the past 24 hours. Thanks to its ties to this booming industry, experts forecast a potential 100x pump for MGLS in 2024. As a result, Meme Moguls could be one of the top altcoins.
Ethereum Price Prediction
Crypto analyst Ali Martinez recently made a bullish Ethereum (ETH) price prediction. According to him, the price range between $2,150 and $1,900 could be ideal for stacking up on ETH before it hits $3,500. In terms of the Ethereum price movement, it has increased from $2,187 on December 13 to $2,262 on December 20.
This price prediction may come true if we look at the technical analysis for the Ethereum crypto. For instance, its value now sits comfortably above its 100 and 200-day EMAs. Its Fear & Greed index rating is 74 (Greed) – great bullish signs.
According to CoinCodex, Ethereum could reach $2,371 before the end of December 2023. It’s, therefore, one of the altcoins to watch.
Looking Ahead
As 2024 slowly approaches, Meme Moguls and Ethereum may become lucrative. However, MGLS gains the upper hand thanks to its low market cap. To clarify, Ethereum has a market cap of $267B. This means it may face challenges ahead as a large amount of new funds are needed to experience significant surges. But MGLS has a market cap of only $6.9M – meaning it will rise much faster and provide returns sooner.
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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.
