Cryptocurrency experts who are familiar with the trends of coins in the cryptocurrency market have made clear predictions about the selected tokens. These crypto experts revealed that Cardano (ADA), which is currently on a downtrend, could turn bullish before the end of the first quarter of 2024. Similarly, Ethereum Classic (ETC)’s downtrend is moving beyond a retracement and into a bear market. Meme Moguls (MGLS), on the other hand, could become one of the best cryptocurrencies to invest in in 2024 following an impending sharp price increase that has attracted whales.
Meme Moguls (MGLS) new presale stage is here with more momentum
as Meme Mogul (MGLS) The fifth stage of pre-sales has arrived and more investors are starting to take this project as a serious investment option.Entering the current stage, Meme Moguls has raised over $1.8 million so far. Experts predict that the current phase will sell out in record time due to growing momentum and buying up by whale investors, making the token one of the top cryptocurrencies on the market today.
The Meme Moguls platform is a unique Play-to-Earn (P2E) platform on the blockchain that provides members with a real-life simulation of meme market trading. The Meme Moguls platform allows members to trade meme assets, stocks, and cryptocurrencies in an immersive and fun gaming environment.
In particular, the platform’s MGLS native token continues to attract investor attention. This is because unlike other meme coins that have zero utility, MGLS has strong utility on the Meme Mogul platform. To explain, MGLS is a governance token used as a reward for high performing gamers on the platform. MGLS may also invest in the Platform for profit or other purposes.
MGLS tokens will be sold for $0.0036. With a potential 100x ROI in the first year, MGLS Token has been chosen as one of the best cryptocurrencies to invest in 2024. When it comes to security, smart contracts are audited by SolidProof. The token liquidity pool will be locked for 8 years and team tokens will be locked for 2 years.
Cardano (ADA) price continues to decline
Cardano (ADA) has remained bearish since the beginning of the year.As a price list coin market cap As shown, Cardano has fallen more than 25% in price since hitting a year-to-date high of $0.066 on December 14th.
Meanwhile, Cardano trading volume has been increasing at an average daily rate of 30% within the last week. However, experts believe that the increased trading volume of the token may not be able to trigger a significant uptrend in Cardano. Nevertheless, few investors may see Cardano’s price decline as a buying opportunity, and Cardano is one of the best cryptocurrencies to buy, making it a good choice for long-term profits. Masu.
Ethereum Classic (ETC) struggles to maintain bullish trend
Since the second week of January, the price of Ethereum Classic (ETC) has been on a downward trend. The price of Ethereum Classic, which reached a price peak of $31 on January 11th, showed a change in trajectory. Since then, Ethereum Classic has fallen more than 20% in price value, according to the data. coin market cap.
Many experts believe that Ethereum Classic’s decline has not broken below the resistance level yet, but with its current trajectory it is likely to do so. On the bright side, Ethereum Classic trading volume has been on the rise over the past week. However, it remains to be seen whether the increase in trading volume will cause a rally.
