Pseudonymous cryptocurrency analyst Crypto Tony is bullish on Dogecoin (DOGE) and projects that the cryptocurrency could enter a rallying spree if it manages to pass the $0.106 mark. Alongside it, TRON (TRX) has showcased bullish on-chart data that could propel it to new heights.
Alongside these two cryptocurrencies, Meme Moguls (MGLS) is also making significant waves with its presale, and today, we will be going over all projects to see how far they can spike and to determine which is the best crypto to invest in now.
Dogecoin (DOGE) Can Spike According to Crypto Tony
Crypto Tony, a pseudonymous cryptocurrency analyst, shared how Dogecoin (DOGE) could soon enter the rally. According to the chart shared by the analyst, the DOGE crypto is projected to clear $00.106, after which it can see a massive rally.
During the past week, the Dogecoin crypto climbed in value from $0.087491 to $0.098404, and the total monthly upswing was by 20%. Now, the Dogecoin market cap is at $12,976,443,613, making it the 11th largest crypto. According to the on-chart data, the Dogecoin price prediction places it at a value of $0.1624 in 2024.
TRON (TRX) Bullish on the Charts – Can Reach $0.1788 by 2024
TRON (TRX) saw a major price upswing of 89% during the past year, making it one of the highest-growing altcoins. Its on-chart data suggests that the TRON’s recovery was occurring in parallel to the included channel.
Now, TRON needs to maintain this recovery rate as it nears the lower price limit of the priori consolidation phase. During the past week, TRX traded between $0.098408 and $0.106135. The price has demonstrated that buyers are trying to accumulate the crypto to surge towards the upper price range, and according to the TRON price prediction, it can reach $0.1788 by 2024.
Meme Moguls (MGLS) to Lead the Meme Coin Market
Meme Moguls (MGLS) will be an upcoming exchange in which users can access a Play-to-Earn (P2E) ecosystem in which they can monetize their overall experience. The project is now picking up significant attention with its crypto ICO.
The ecosystem will feature NFT characters, which can enhance a player’s trading capability and even improve trading conditions, depending on their rarity.
Anyone is able to learn about investing, and can even build wealth through an innovative approach in virtual trading. Throughout the ecosystem, every player will start with a beginning balance of $100,000 in virtual cash.
Afterward, players are able to create their portfolio and engage in simulations, where they can complete challenges and turn the simulated profits into real cashable returns.
Each member of the Meme Moguls ecosystem can even set up tournaments and create prize pool buy-ins. This way, they can play Beat The Market, for example.
Summary
Aside from Dogecoin and TRON, another crypto that can experience a massive rally during the upcoming months with its crypto ICO is Meme Moguls. During Stage 3, a single MGLS cryptocurrency is offered at a value of just $0.0025. At launch, analysts are expecting a price upswing of 75x, fueled by the high presale momentum and overall appeal in the meme coin market, which makes it the best crypto to invest in now.
Learn more about the $MGLS here:
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Source: https://blockchainreporter.net/crypto-tony-projects-spike-for-dogecoin-tron-bullish-on-the-charts-meme-moguls-to-lead-the-meme-coin-market-in-2024/