Celestia grows 47.4%, Meme Moguls positioned to dominate

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Celestia (TIA) is in the bullish trend and is heading towards an upward direction on the weekly time frame. The on-chart data suggests that further upswings are also a possibility. Despite this, traders are diversifying Meme Moguls (MGLS) due to its rapid presale growth momentum. We will take an in-depth look at the on-chart data and price performance. By doing so, we can determine which is the best cryptocurrency to buy.

Celestia (TIA) Grows 47.4% – Is a Surge Above $24 Possible?

Celestia (TIA), as an altcoin, saw rapid growth in the past trading sessions. Within the past month, the crypto experienced an upswing of 47.4%. This outstanding performance has paved the way for the accumulation of the Celestia crypto. Due to its steady rise, it is trying to hold near the $14 range and discourage a pullback. 

During the past week, the Celestia price moved from $11.73 to $16.91, just barely missing the $17 price barrier. It’s trading above the 50 and 200-day exponential moving averages (EMAs), currently supporting the price trend. The technical oscillators are also supporting the neutral trend. The MACD, RSI, and EMAs are all highlighting the neutral level. According to the Celestia price prediction, it can surge to $24.50 by the end of Q4 2024. 

Meme Moguls (MGLS) Can Become Major Force in $6.1B Market by 2025

Meme Moguls (MGLS) is an upcoming platform that will feature simulated trading. Its ecosystem will boast various P2E elements. Users can improve their trading strategies while also turning their simulated profits into cashable returns.

Each player can also engage in MGLS staking. This way, they contribute their balance to the Moguls staking pool, and the amount they gain is based on their share of the pool and the annual percentage returns.

Alongside it, players can create custom avatars and engage in a fantasy meme-trading world. They climb up leaderboards and can unlock Moguls status to get the best rewards. They can create a portfolio and begin climbing. 

Moguls Land is also a part of the ecosystem. This will be a dedicated Metaverse platform. In it, players can connect, mine tokens, and join liquidity pools. 

Data from analytical firm Statista showcases how the meme industry can rise to $6.1 billion by 2025. Even if Meme Moguls just captures a small portion of it, it can become a dominant force in the industry.

Each player will begin with $100,000 in virtual cash to create a portfolio. However, they will be limited to just investing up to 20% of their virtual cash portfolio in a single investment. This is intended to better simulate real-world trading. 

They can also access game modes, such as Beat The Market. Here, they can try to outperform an index, such as the S&P 500. To win, players will need to have a greater total return than the SPY500 over the game’s duration at the end of the last trading day. All of these aspects make MGLS the best cryptocurrency to buy.

Summary

Celestia is a top performer and can surge in the upcoming trading sessions. Yet, the cryptocurrency ICO for Meme Moguls has captured the most appeal. During Stage 4, it trades at just $0.0027. At launch, analysts are projecting a major upswing of 50x, which could position it as a market leader. 

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 *This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/01/09/celestia-grows-meme-moguls-dominate/