If things go as well as they have in the past, Q1 of 2024 should be an extremely profitable time for three specific cryptocurrencies. Chainlink (LINK), Meme Moguls (MGLS), and Synthetix (SNX) will all likely see massive price surges. While you may be familiar with LINK and SNX, MGLS is a new Stage 5 presale star that may become the next 100x meme coin in 2024.
Michaël Van De Poppe: The Chainlink Price To Hit $35
Crypto analyst Michaël Van De Poppe recently made a bullish Chainlink (LINK) forecast. Per his new tweet; this altcoin may reach the $35 level if the BTC pair breaks out. Over the last 30 days, the Chainlink price has risen from $13.39 to $18.50. During that period, its market cap has jumped from $7.79B to $10.87B.
Sentiment for Chainlink is bullish, as 26 technical indicators are showing green. Moreover, its Fear & Greed index rating shows a 62 (Greed). When making their Chainlink price predictions, experts in the crypto field note all these factors. Because of this, they foresee a potential price surge to $21.85 in March 2024 for LINK.
Meme Moguls (MGLS): Innovative Meme Coin
Meme Moguls (MGLS) is turning heads with its unique approach to the meme coin landscape. Starting Stage 5 of its presale with a 30% deposit bonus, MGLS has gained substantial attention. Unlike many meme coins in the market, MGLS stands out by offering real utility as a governance token and in-game currency for the upcoming Meme Moguls game.
In this play-to-earn (P2E) game, players will learn all there is to know about wealth-building and investments. The main goal will be to climb up the Meme Moguls Wealth Leaderboard. When you reach the top 20 spots, all moguls will share a cash prize pool raised from a portion of Meme Moguls’s daily revenue.
The MGLS token is the central pillar of this DeFi project. Currently, it costs just $0.0036 in Stage 5 of its presale. This is a 90% ROI for those who bought it early. However, experts forecast another 100x pump once this meme coin hits exchanges in Q1 of 2024.
With close to $2.5M already raised, the future for Meme Moguls looks bright. Since the presale ends on February 28, now is the perfect time to get this potential blue-chip token.
Synthetix (SNX): A Top Gainer
Meanwhile, Synthetix (SNX) has also been seeing tremendous growth. Notably, CoinMarketCap data shows that the Synthetix price has increased from $3.13 to $3.29 in the past week alone. In that time, its market cap has surged from $945M to $1B.
Additionally, Synthetix is now trading above its 21 and 50-day EMAs. Because of this, market analysts have made a bullish Synthetix price prediction. They foresee this altcoin trading at $3.87 in March 2024.
Chainlink vs. Meme Moguls vs. Synthetix – Which One Pumps First?
While all of these entities are altcoins to watch, Meme Moguls has an advantage – a low market cap. To clarify, MGLS now has a market cap of $10.8M. This means it needs far less new funds for its price to skyrocket, unlike Chainlink and Synthetix. As a result, MGLS is the best crypto to buy for fast returns.
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Source: https://blockchainreporter.net/crypto-experts-forecast-soaring-prices-in-q1-2024-chainlink-link-meme-moguls-mgls-and-synthetix-snx-set-to-skyrocket/