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The altcoin market has been surging, with Internet Computer (ICP), Meme Moguls (MGLS), and Solana (SOL) taking center stage.
While ICP and SOL are well-established players, MGLS, a token of a crypto project currently in stage 2 of its presale, is also being considered.
Over $599,400 has been raised.
Internet Computer price prediction
ICP prices rose from $5.82 on Dec. 13 to $9.19 on Dec. 20, following news that the Internet Computer collaborated with Gaudi Knowledge and The Moon Labs.
This Internet Computer price may continue rising as over 25 technical indicators display bullish signals. ICP has been predominantly bullish in the past month.
Some experts expect the coin to reach $13.79 before the end of the year.
Meme Moguls has a $20,000 giveaway
Meme Moguls recently announced a new $20,000 prize giveaway. Users can win prizes by holding MGLS while also actively engaging on Zealy.
Because of this giveaway, interest in the project has been rising.
Meme Moguls will introduce a one-of-a-kind P2E game that simulates investing, allowing users to engage in virtual trading competitions.
Competitors may even try outperforming indices like the S&P 500 in the “Beat the Market” mode.
Other Meme Moguls features include:
- Staking: MGLS holders can earn more by contributing to the Meme Moguls staking pool.
- Moguls World: a metaverse for users to connect with other traders, mine tokens, participate in liquidity pools, and stake.
MGLS is central to the Meme Moguls ecosystem. It will serve as in-game currency and for governance.
In the present presale stage, MGLS is available for $0.0023.
With Statista projecting that the meme industry may have a value of $6.1 billion by 2025, Meme Moguls is strategically positioning itself to become a dominant force in this market.
Accordingly, MGLS supporters remain bullish on the project.
Messari report endorses Solana
A Messari 2024 trend report is endorsing Solana (SOL) in 2024.
Analysts expect SOL to continue rallying. The coin is trading at $77, up 17.90% from $65 on Dec. 13.
Presently, 26 technical indicators are in the green, with the coin trading above the 50 and 100-day EMAs.
Experts predict the coin will reach $87.17 before the end of 2023.
Final remarks
As these altcoins continue to gather momentum, their impact on the crypto market is undeniable.
While Internet Computer and Solana are altcoins to watch, they have high market caps of $4.1 billion and $32.9 billion, respectively. This means they will need a large influx of new funds for major price surges.
On the other hand, Meme Moguls is a low market cap project, commanding $6.9 million in late December 2023. Another injection of the same amount could see MGLS prices double. It is for this reason that investors are exploring the project.
Learn more about the MGLS here:
Visit Meme Moguls | Join the Community
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This article first appeared at crypto.news
