Trader Who Predicted Solana and Cardano Rally Believes Meme Moguls (MGLS) Could 100x Next

Solana and Cardano were two of the biggest winners of the 2021 bull run. One trader who made significant profits on both altcoins is now making big predictions regarding the Meme Moguls presale. Having already increased in value by 90%, this trader believed that $MGLS could see 100x returns once its presale ends at the end of February. In the process, Meme Moguls could outperform Solana and Cardano. 

Solana Drops Below $100 

Since its monumental increase in 2021, Solana has remained one of the world’s top altcoins. Over the last year, Solana’s price increased by 309%, taking Solana to annual highs of $121. Since its surge, Solana has dipped below $100 and is now trading at $96.

Although its price has decreased, many experts believe Solana is pioneering the next generation of cryptocurrency and DeFi. It’s quickly closing its gap with Ethereum, with the number of daily Solana transactions often being 50x higher. 

As Solana’s ecosystem grows with memecoins like BONK making global headlines, analysts believe Solana could become the number three ranked cryptocurrency within a year. 

Cardano Continues To Scale Real-World Applications

Cardano had a strong performance in 2023, increasing in value by 28%. The altcoin is now trading at $0.4912, up by 3.8% over the last week. Much like Solana, Cardano was one of the big winners of the 2021 bull market, during which hundreds of investors made significant profits. 

Now, given its somewhat slow growth, investors are asking whether or not Cardano has peaked. Over the last month, Cardano’s price has dropped 18.54%, and its daily trading volume has fallen by $448 million. 

To remain relevant, Cardano needs to continue scaling its real-world applications. At the time of writing, Cardano had launched several partnerships in Africa and aims to offer financial alternatives to current currencies. As these initiatives gain traction, Cardano could experience several price surges. 

Meme Moguls Soars As Investors Eagerly Await Game Preview

Meme Moguls has entered the final month of its presale, and investors are extremely excited for what’s to come. Over the next few weeks, developers will launch a game preview where investors will gain an insight into the fantastic features and gameplay that have been created. The game will then be tested before its release. 

The Meme Moguls game will offer a unique meme-focused stock market where investors can build virtual portfolios. This twist to initial investing is expected to attract thousands of meme enthusiasts and empower them by teaching them how to build wealth.

Meme Moguls is in stage five of its presale, and its $MGLS token is selling for $0.0036. Upon entering stage six, $MGLS will increase to $0.0042, after which its value is expected to rocket. The Meme Moguls development team is preparing to launch their token on Uniswap and has been in talks with other platforms for additional listings later this month. 

Having built a strong community, Meme Moguls is on track to become a big hit in 2024. One trader who predicted the Solana and Cardano rallies in 2021 predicts that Meme Moguls could be 100x upon launch, which has caused a bullish sentiment around the project. 

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