The memecoin community is eagerly awaiting the arrival of Meme Moguls (MGLS), a P2E game token with significant profit potential. While top crypto coins Mantle (MNT) and Monero (XMR) experience mild price fluctuations, MGLS stands out, offering early adopters as much as 90% ROI, with an anticipated increase in the final stage of its ongoing presale.
Notably, analysts predict that the MGLS token will surge by an additional 20% before its presale concludes, making it a good point of entry for potential investors. Nonetheless, cryptocurrency analysts forecast that this surge will continue until MGLS lists on exchanges in the first quarter of 2024.
Will Mantle (MNT) Climb Back to the $0.8 Price Mark?
Mantle (MNT) has shown a significant 30% increase in value over the past month, signaling a bullish trend. However, the momentum appears to be slowing down as reflected by a modest 3% gain on the weekly price chart. Notably, the MNT token is currently trading within a price range of $0.76 and $0.79, indicating a week of turbulence that is impacting its momentum.
Meanwhile, in the previous week, Mantle experienced a notable 13% increase in its value, rising from $0.69 to $0.80. From all indications, the native MNT token is currently striving to go beyond the $0.80 price barrier. If successful, this breakthrough could propel Mantle to new heights.
According to the Mantle price forecast, there is potential for the token to reach $0.9 by the end of the first quarter of 2024, indicating further growth on the horizon.
Monero (XMR) Price Dipped by 2.68% Last Week
Over the past month, Monero’s price has dipped by over 25% to reach a monthly low price of $101, before a subsequent resurgence that sent XMR’s price above the $120 threshold.
Currently, the XMR token is trading within a weekly price range of $127 and $124, reflecting a decline of nearly 3% during the period. Moreover, the coin’s market cap has decreased by 1.48%, which suggests a bruised trust in the cryptocurrency.
While Monero has encountered significant price volatility in the past week, it has led to speculations about whether the XMR token can surpass its support level of $120 or if investors should brace themselves for further decline. In any case, the current price outlook of Monero token necessitates traders to thread with caution.
More Excitement Builds as Meme Moguls (MGLS) Presale Nears its End
Meme Moguls (MGLS), a play-to-earn gaming token, is making strong strides to rank among the top meme crypto coins in 2024, offering a comparatively safer investment option amidst the heightened volatility in the market. As the Meme Moguls presale approaches its conclusion on February 28, there is growing excitement surrounding MGLS, which serves as an in-game and governance token.
Essentially, this innovative platform combines simulated trading with educational elements, allowing users to learn about investments and wealth-building techniques. Additionally, players can engage in competitive activities such as the “Beat the Market” game. Here, participants compete against indices such as the S&P 500 and get a chance to rank on the platform’s incentivized leaderboard.
Besides the trading aspect of things, Meme Moguls also have a dedicated virtual world, dubbed Moguls World, where users can connect, mine tokens, join liquidity pools, and stake their tokens. Among other things, this particular initiative bolsters community interaction and creates a bond among members of the community.
In the current Stage 5 of the presale, the native MGLS meme coin is available for purchase at $0.0036, whereas, early adopters have already enjoyed a remarkable 90% return on investment. With a successful fundraising of approximately $2.5 million, MGLS has drawn comparisons to leading coins like Mantle and Monero.
By joining the community, potential investors can take advantage of the anticipated 20% increase in the token price during the presale finale. Moreso, new participants are entitled to a 30% deposit bonus before the presale comes to an end on February 28. Looking ahead, analysts speculate that, with aspirations to list on platforms such as Uniswap, MGLS has the potential to become a 100x meme coin in 2024.
Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this page’s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.
Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
