Cryptocurrency enthusiasts have been on the edge of their seats with recent developments like Michael Saylor’s Bitcoin (BTC) price forecast, Ripple (XRP) getting central bank approval, and Meme Moguls (MGLS) launching a $20,000 giveaway. While all these DeFi coins are worth watching, Meme Moguls stands out as a new ICO in Stage 2 of its presale that may surge by 100x in 2024. Let’s find out why.
Bitcoin Price Prediction
The influential figure behind MicroStrategy, Michael Saylor, made a bullish Bitcoin (BTC) price prediction. He stated that the token may see a bull surge with the possible Bitcoin ETF approval coming in January. In terms of the Bitcoin price movement, it has increased from $41,140 on December 13 to $42,875 on December 20.
The technical analysis for Bitcoin also paints a bullish picture, as it’s now trading above its 100 and 200-day EMAs. Furthermore, Bitcoin recorded 17/30 (57%) green days with 6.33% price volatility over the last month alone – good bullish signs.
Experts in the field have taken note of all these factors as they predict the Bitcoin price will reach $45,173.64 before the end of 2023. This solidifies Bitcoin’s position as one of the top crypto coins.
Ripple (XRP): Central Bank of Ireland Approval
In other news, Ripple (XRP) has achieved a significant milestone as it officially gained approval from the Central Bank of Ireland. This will allow the blockchain to provide certain digital asset services to the people of Ireland.
After this Ripple news, the XRP price increased from $0.59 on December 19 to $0.61 on December 20. With a Fear & Greed index rating now sitting at 74 (Greed), this bullish trend for the Ripple crypto may continue.
Regarding price predictions, market analysts foresee the Ripple value reaching $0.64 before December 2023 ends. Because of this, Ripple may be one of the altcoins to watch.
Meme Moguls (MGLS) Launches $20K Giveaway
Meme Moguls (MGLS) has made headlines by unveiling a massive $20,000 giveaway. You must own MGLS tokens, actively engage through Zealy submissions, and scale up your participation levels to score bigger rewards. This event has further increased the attraction of Meme Moguls – one of the top ICOs.
#MemeMoguls Community Mega Giveaway Event is ON!
Christmas Special: Grab Your Share of $20,000 in $MGLS Tokens!
Didn’t catch Stage 1? Here’s your chance! We’ve DOUBLED the excitement for Stage 2 – A massive $20,000 in $MGLS tokens awaits you!
Start Date: 15th… pic.twitter.com/6imKT5NP62
— Meme Moguls (@meme_moguls) December 14, 2023
At its core, Meme Moguls is a revolutionary P2E game that will let you build up your knowledge on investing and wealth-building. Climbing up the Wealth Leaderboard ranks will be your primary goal, accumulating various rewards and meme collectibles along the way.
The MGLS native token is the backbone of this platform, bringing you governance, passive income via staking, and more. These benefits intrigue global investors as Meme Moguls has raised $599,400 during Stage 2 of its presale. You can now buy the MGLS token for just $0.0023 while also enjoying a 30% deposit bonus. Those who bought it early on are experiencing a 21% ROI – excellent growth in such a short time.
Experts predict a surge in the MGLS price, possibly hitting $0.19 in 2024, a 100x ROI if you buy it now. Although this projection might be ambitious, look at Shiba Inu. It delivered a 1.6M% ROI for early investors within three years (as reported by TheCryptoBasic). Meme Moguls shows similar potential as it brings something new.
Conclusion
As the crypto market continues evolving with exciting developments, Bitcoin and Ripple are good assets to watch. However, their long-term growth may be hindered by market caps of $837B and $33B, respectively. In other words, they may not see a significant surge as a large influx of new funds is needed.
On the other hand, Meme Moguls will not face this issue as its market cap now sits at $6.9M. This means that only $6.9M is needed for its value (and returns) to double – making MGLS the best crypto to invest in.
