Floki (FLOKI) recently saw a slight upswing in value that placed it on the radar for many traders, as they speculate that it can soon see a significant increase. In the meantime, Pepe (PEPE) is in the red zone, but the on-chain data does suggest that a resurgence in value is a possibility, assuming buyers regain control of its market. In the meantime, the Meme Moguls (MGLS) crypto ICO has showcased massive strength, as it nearly raised $2 million. We will go over all three meme coins to determine which one can come out on top.
Meme Moguls (MGLS) Grabs Trader Attention With Stage 5 Presale – Price to 100x at Launch
Meme Moguls (MGLS) is a unique upcoming project that puts its focus on the community. Users of its ecosystem can take advantage of numerous features, including crypto staking and simulated trading. MGLS is the native cryptocurrency that’s used for core operations, as it can be used as the in-game currency and for governance.
However, to engage in the process of simulated trading, each player will start with $100,000 in virtual currency. They can only then commit 20% of the virtual portfolio into investments, and this is done to promote diverse investing and better simulate how it works outside of simulations.
Meme Moguls is positioned to become a major player in the industry and can retain the attention of players with its wealth leaderboards, which are a catalyst through which players can remain competitive while winning exclusive prizes.
The project has reached Stage 5 of its presale and has risen 90% since its start. At the current stage, it trades at just $0.0036. Early investors have high ROI, but its growth has not stopped, as analysts project 100x in gains during the upcoming months.
Floki (FLOKI) Is Volatile on the Charts – Is an Upswing Possible?
Floki (FLOKI) experienced notable price movements, and despite falling slightly below the weekly averages, it has initiated a movement in which the possibility of an uptrend has begun. This is still possible, as the previous uptrend has showcased impulsiveness for the Floki price, whilst the current downtrend appears corrective.
The Fibonacci level needs to hold before traders can expect the Floki crypto to get back up. Despite the previous wave structure implying a potential uptrend, during the past week, the highest point reached was at $0.00003405. According to the Floki price prediction, it can end 2024 with a value of $0.000049.
Pepe (PEPE) Experiences Bearish Momentum – Price to Reach $0.000002 by the End of 2024
Pepe (PEPE) has experienced a bearish channel present on the weekly chart. However, it has not failed to find momentum, as this could drive an inverted head and shoulder breakout rally. The current Pepe price trend is turning bullish on a daily basis.
The uptrend structure tests the dominance of the cryptocurrency, and it will need to pass a massive support level to prevent further decreases in value. Nevertheless, the Pepe crypto price history suggests that a comeback is a possibility, assuming it gains the high momentum required to support its rally. According to the Pepe price prediction, it can end 2024 with a value of $0.000002.
Summary
Both Floki and Pepe need to recover in value to reach the projected heights by the end of 2024. The most significant ROI can be made with Meme Moguls, as it’s primed for significant growth following the completion of its presale due to its vast ecosystem and overall opportunities. These aspects make it one of the hottest meme coins for 2024.
Visit Meme Moguls
Source: https://blockchainreporter.net/floki-floki-and-pepe-pepe-fight-for-recovery-meme-moguls-mgls-grabs-trader-attention-with-unique-propositions/