As the year comes to a close, investors are anticipating the coming year and what it holds for the cryptocurrency industry. A lot are seeking for the best crypto to invest in next year, and the ones that will prove successful, even in the wake of Bitcoin’s halving event.
As a lot of cryptocurrency poses for greater returns in the coming future, Cardano (ADA) and Meme Moguls (MGLS) take the top position for investment opportunities as they show glaring signs of increasing in value and bringing greater returns. Let’s analyze these crypto coins and their return capability.
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Why Cardano (ADA) Might Be Your Best Bet For Greater Returns
If you’re looking for the best crypto to invest in, you might want to look out for Cardano (ADA), the native token of the PoS blockchain platform, Cardano. Holding its place as the 8th largest crypto by market cap, Cardano price currently reads at $0.4488, increasing by 18.88% in the past week.
Cardano might be among the best cryptos to buy as its price history for this year has been significantly positive, recording a 27.77% rise in the past month and 45.06% in the past year. But, is cardano a good investment for the long run?
IntoTheBlock, a prominent provider of on-chain data, has indicated a forthcoming rise in substantial transactions (exceeding $100,000) on the Cardano network.
Such an uptick in significant transactions often indicates increased involvement from institutional or large-scale investors, implying a growing interest or confidence in the long-term value of ADA. So the answer to the question “is cardano a good investment” seems very positive.
Additionally, Cardano price prediction, according to Changelly, signals a 78% bullish trend with an expected rise of over 7% by the end of the year. And with a speculated maximum price of over 1$ by the end of 2025, Cardano is definitely among the best cryptos to buy for the long-run.
Investors Eyes Meme Moguls (MGLS) As It Stands Out For Higher Returns
Similar to Cardano, Meme Moguls (MGLS) is poised to become a top choice for investors seeking the best cryptos to buy upon its launch. A key driving force behind this is the projected surge in the global meme industry, expected to grow from $2.3 billion to $6.1 billion by 2025.
However, this is merely scratching the surface. Meme Moguls boasts compelling features designed to offer substantial rewards to investors. Firstly, there’s a farming project where users can earn coins by actively participating in the project.
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— Meme Moguls (@meme_moguls) December 8, 2023
Beyond that, the ecosystem presents a metaverse-like environment, Moguls World, where users will be able to mine new tokens, stake their tokens and join liquidity pools so that they can receive rewards based on the tokens they shared and their annual returns percentage.
The accumulation of rewards directly correlates with the growth of wealth as a Mogul on the platform. Moreover, individuals fortunate enough to secure a position among the top 20 on the ‘wealth leaderboard’ qualify for a share in a cash prize pool derived from Meme Moguls’ daily revenue.
Furthermore, there is an exciting in-game ecosystem, more like a marketplace for game enthusiasts to swap, buy and sell game items. As a play-to-earn (P2E) meme token, Meme Moguls (MGLS) serves dual roles as an in-game currency and a governance token, facilitating navigation within the ecosystem.
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
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Source: https://www.analyticsinsight.net/investors-seek-greater-returns-and-clarity-with-cardano-ada-and-meme-moguls-mgls/