Arbitrum (ARB) Hits Yearly ATH, Optimism (OP) Plunges Deep Below Support. Meme Moguls (MGLS) Stage 4 Kicks Off

Arbitrum has exhibited remarkable strength in the past week, boasting a 36.47% price surge. This performance not only surpasses the overall cryptocurrency market, which has seen a decline of -2.80% but also outshines similar crypto coins within the Ethereum Ecosystem.

While Arbitrum has just reached a new yearly all-time high, the Optimism token is currently facing a deep price decline below the support level. At the same time, Meme Moguls stage 4 has begun.

Meme Moguls (MGLS) Aims to Sell Out Completely as it Begins New Presale

Meme Moguls already sold out its beta state and three other presales as it readies for its launch. So far $1.3 million has been raised and 4th presale stage has begun with each MGLS token selling for $0.0027.

Meme Moguls, a Play-to-Earn (P2E) token on Ethereum, has a double role as an in-game currency and governance token in the meme world. Users can compete in virtual trading games, using investment strategies for cash prizes and meme rewards.

This platform lets the community organize tournaments, creating a lively and competitive space. Users can monetize their trading skills, whether it’s beating the market, engaging in contests, or climbing ranks to become a “mogul” and earn a passive income.

Meme Moguls stands out as the best crypto investment for meme coins with its innovative features which engulf a marketplace for buying, selling, and swapping game items, along with rare NFT characters, adding excitement.

Extending to staking, players can contribute tokens to earn more $MGLS and join the cash prize pool. Meme Moguls offers the best crypto investment opportunities for traders and investors.

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Arbitrium (ARB) Recently Reached an All-Time High

As the year started, some altcoins followed suit with a price jump and one of them is Arbitrium. The first time Arbitrium reached a peak price was around mid-April last year, with a price of $1.75. However, Arbitrum token value has since declined, experiencing more bears than bulls.

Regardless, Arbitrum has remained one of the top crypto coins on the market and it further proved this by taking a rapid bull run by December last year, eventually reaching a new ATH of $1.99 by around 10 pm January 3rd.

While Arbitrum faced an 84.01% loss last year, things seem to be gleaming bright again for the Arbitrum token this year, as it has increased over 90.72% in trading volume, with a market cap of $2.40B.

Optimism (OP) Faces Sharp Decline Deep Below its Support Threshold

Optimism token is one of those cryptocurrencies that had a progressive trajectory last year. Throughout 2023, Optimism gained over 281.74% interest in its price.

In the space of 7 days, the price of Optimism has struggled with fluctuations throwing the price around the range of $3.4 to $4.0. After battling with volatility, Optimism has failed to stay above its support threshold with OP price taking a bear pattern.

At the time of writing, Optimism lost over 5% value in the last 24 hours. However, considering its recent achievement of reaching a yearly all-time high of $4.13 just two weeks ago, Optimism has the potential to change course and reach another record-breaking peak, solidifying its position among the top crypto coins.

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