Kaspa (KAS) and Solana (SOL) developments have made significant waves in the crypto market. But amidst their achievements, another intriguing player is on the horizon – Meme Moguls (MGLS). This innovative project aims to tap into the global meme industry, which Statista valued at $2.3B in 2020. Let’s dive into what’s in store for all these tokens.
Kaspa (KAS): Surges to Record High
Recently, Kaspa (KAS) has soared to an all-time high of $0.138 on November 16th, riding on the general bullish market trend. A recent integration with Uphold may have also contributed to this growth. This integration empowers users to seamlessly transfer KAS between Uphold and external wallets, enhancing its accessibility.
Over the last 30 days, the Kaspa crypto has experienced 19/30 (63%) green days and 27.55% price volatility. Moreover, the general Kaspa price prediction sentiment is bullish, with 24 technical indicators in the green.
With this momentum, experts foresee the Kaspa price reaching $0.16 by December 2023, showcasing its potential for further growth.
Solana (SOL): Skyrockets Following Cathie Wood’s Endorsement
Ark Invest’s Cathie Wood recently vocalized her support for Solana (SOL) in a CNBC interview on November 14th. She highlighted its superior speed and cost-efficiency compared to Ether. After Wood’s endorsement, which was seen as positive Solana news, the SOL token exploded in price.
In fact, the Solana crypto went from trading hands at $53 on November 14th to $66.44 on November 16th. Additionally, Solana has traded above the 50 and 100-day EMAs, signaling bullish momentum.
Analysts have taken note of these factors while making their Solana price predictions. They project its price to soar to $73.19 within Q4 of 2023.
Meme Moguls (MGLS): The Very First Meme-Based Stock Exchange
While Casper and Solana continue their journey, Meme Moguls (MGLS) is raising eyebrows by capitalizing on the rising trend of meme-based cryptocurrencies. Meme Moguls enters this space innovatively, creating a one-of-a-kind meme-based stock exchange.
This exchange will allow users to dive into a world where meme assets become commodities, enabling you to buy, sell, and trade these digital assets. Additionally, Meme Moguls will implement a wealth leaderboard, causing healthy competition among you and other meme enthusiasts from all over the globe.
For those wanting passive income, staking the MGLS token is a must. The more tokens you stake, the higher potential earnings you will receive. Currently, the MGLS token is worth only $0.0019 as it is in the Beta stage of its presale. MGLS also boasts a lower market cap than Casper and Solana. Meaning it can achieve a more notable rally.
With experts predicting a 100x growth for MGLS before its presale ends, those who buy it now may obtain tremendous gains. You will also enter the $10,000 giveaway that Meme Moguls is running at the end of each presale stage.
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Source: https://coinpedia.org/press-release/can-meme-moguls-outperform-kaspa-and-solana/