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A lot of us who are into the cryptocurrency market are anticipating what it’s going to look like for alt coins before and after the Bitcoin’s halving event next year. But, before then, the Q4 of 2023 is also a delicate time for all alt coins, and the holding decisions we make around this period might mean a lot. Consequently, among Decentraland, Floki, and Meme Moguls, which is worth holding more before next year?
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Decentraland (MANA) Facing A Decline in Trading Volume
Decentraland cryptocurrency operates a decentralized metaverse world fueled by Ethereum blockchain. Regrettably, the Decentraland metaverse has witnessed a substantial decrease in user engagement. As per DappRadar, the count of Unique Active Wallets (UAW) has experienced a decline throughout September.
This negative Decentraland news is also followed by a substantial decrease in trading value as Coinmarketcap records a significant 28.51% drop in volume in the last 24 hours. This indicates a fragile economy for Decentraland.
Although the price of MANA, a token used in the Decentraland metaverse is slowly rising, with a 13.01% increase in the past 7 days, this negative Decentrand news surrounding its transaction activity might end up amounting to a bigger decline. However, the metaverse adoption is still evolving so the bearish sentiment will definitely resolve.
Floki Vikings Gyrate as Floki (FLOKI) Pumps All Year Long
The Floki vikings (the official community name for the Floki coin) are happy as the meme coin sees a significant year-long rise of over 331.61% jump in price. To reiterate, the Floki coin jumped from a previous year price of $0.000008974 in December 2022 to around $0.00004056 as at the time of writing.
Subsequently, Floki has seen a 4.09% price increase in the past 24 hours and a significant 26.24% in the past 7 days. This is setting the Floki as the next rated meme coin to grace the meme coin market. Additionally, Floki aims for a 1000% growth by 2024 alongside major contenders like Meme Moguls.
While it began as a meme, Floki has developed into an intriguing utility token posing as a potential top crypto to buy as investors in 2024. This serves as an excellent moment for Floki Vikings as they might be in for greater returns in the coming 2024’s bull run.
Meme Moguls (MGLS) to Increase by 100x Next Year
In the race to become the next 100x token for investors and trading enthusiasts, Meme Moguls is taking the lead as it plans to engage crypto users in an immersive trading experience like never before.
While analysts are predicting a high growth for the MGLS token, we can also see why this play-to-earn cryptocurrency is also a top crypto to buy from its record of selling out its beta-stage in just 1 week. Its metaverse and growth potential is a strong contender for Decentraland and Floki respectively.
Obviously designed to outshine memecoins like Floki, Shiba Inu and Dogecoin, Meme Moguls is every investors’ dream as it incorporates an exhilarating gaming platform together with a fun trading experience involving a simulated trading system.
Its metaverse also outperforms the one-way land-building incentive of Decentraland. Meme Moguls metaverse allows users to mine new tokens, create tokens, partake in casino games and trading missions, to win all sorts of meme assets and NFT prizes.
In addition to being an in-game currency and a governance token, users can also stake the MGLS token into liquidity pools to experience higher returns. The reward opportunities are almost endless as users can engage in a yield farming process where they earn more tokens as they work on the platform’s development. You can join in now for only $0.0021.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Buy presale: https://app.mememoguls.com/sign-up
Twitter: https://twitter.com/meme_moguls
*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/12/12/decentraland-floki-meme-moguls-profit/