A new crypto contender is emerging, ready to challenge the established giants – Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Meme Moguls (MGLS) will not be just another meme coin; it will present a unique concept that combines the thrill of meme trading with innovative blockchain technology. Let’s look at the latest developments for all these tokens and why Meme Moguls may make waves in the crypto space.
Meme Moguls (MGLS) may become a leading force in the revival of meme coins. Unlike its predecessors, Meme Moguls is not just riding the wave of viral trends but is introducing innovative features and a unique ecosystem that adds value to the meme coin space.
For instance, Meme Moguls will introduce a play-to-earn model, offering users an immersive gaming experience. Participants can trade meme-based assets, stake MGLS tokens, and engage in activities like the Moguls Casino and Fantasy Trader. This P2E approach provides users with multiple avenues to earn rewards, creating an engaging ecosystem.
Those looking to support this project are now buying the MGLS token, which has a price of just $0.0019. However, it is in the Beta stage of its presale, and as it advances, more price hikes are coming. Unlike Bitcoin, Ethereum, and Ripple, it will have a low market cap, which means it will surge much faster. Thus, experts predict a 1,000% pump for MGLS before its presale finishes.
The cryptocurrency market is witnessing a surge in optimism as BlackRock expresses growing confidence in approving its Bitcoin ETF by January by the U.S. Securities and Exchange Commission (SEC). According to sources reported by Fox Business, BlackRock believes that the SEC will greenlight the Bitcoin ETF.
Investors are happy with the news hence it has contributed to the upward movement of Bitcoin prices. The price of Bitcoin rose from $34.833 on November 7th to $37.022 on November 11th. According to some expert Bitcoin price predictions, it will be worth as much as $37,299.27 by the close of Q4, 2023.
Ethereum (ETH) has soared following the confirmation of BlackRock’s strategic move into the spot Ethereum ETF realm. According to James Seyffart – a Bloomberg analyst, Nasdaq officially disclosed BlackRock’s intentions through a 19b-4 form submitted to the SEC on November 9th.
Afterward, the Ethereum price increased from $1.919 to $2.055 on November 11th. Its market cap also surged from $231B to $246B. Due to all these reasons, experts have made a bullish Ethereum price prediction – a surge to 2335 by December 2023.
Recently, Ripple (XRP) unveiled a groundbreaking partnership with Onafriq. The collaboration aims to leverage Ripple Payments to establish three new payment corridors connecting Africa with the global financial landscape. The development sparked a Ripple price jump from 067 to 069 on November 9th.
Analysts are optimistic about Ripple’s price trajectory as the market absorbs the news of this strategic partnership. In their Ripple price prediction, they forecast a rise to 079 within the fourth quarter of 2023.