A bullish trend is sweeping across the market charts of Stacks (STX) and Maker (MKR) tokens as both tokens enter the list of crypto analysts’ best altcoins to invest in the year. Meanwhile, Meme Moguls (MGLS) is consolidating its presale momentum as a record number of investors troop in to buy the token before its launch. Having announced the upcoming Uniswap listing, the project has become the talk of the crypto market, with analysts projecting a massive 35x return in the coming months.
Stacks (STX) Records Over 256% in a year-to-date Massive Price Growth
Stacks (STX) is currently one of the top-performing crypto tokens on the blockchain, given its massive price growth within the past months. For context, the Stacks price has witnessed an over 87% rally within the last month. More notably, the token has recorded a 256% price growth in a year-to-date price metric.
This significant rally has propelled Stacks price from under $0.7 to over $2.5 within a year. Also, the token is harboring substantial bullish momentum to reach $3, making it one of the best altcoins to invest in the year. Analysts believe the recent price rally could push the Stacks market cap to over $4B in the coming weeks. However, the major concern is the tokens trading volume which has been declining for days. The decreasing market activity could lead to price retracement very soon.
Massive Price Rally for Maker (MKR) Sees Token Match Price Value Last Reached in 2021
Maker (MKR) has been on a significant bullish rally, which experts believe started in July 2023. This bullish run has resulted in over 175% price gain in a year-to-date price metric. Meanwhile, the ongoing rally has sent the Maker price above $2,000 for the first time since April 2022.
As shown in the market chart, Maker coin saw a price gain of about 5% in the last month. Investors will notice that the token price gain of last month is relatively small compared to previous months. The explanation behind the loss of bullish steam is the dip in the Maker trading volume. Nonetheless, experts still believe the token will continue to bull in the coming weeks.
Meme Moguls (MGLS) Sets Presale Closing Date as Investors Frantically Try to Buy the Token Before Launch
After the massive success recorded so far, the Meme Moguls (MGLS) presale phase will be coming to a close by February 28. Following this announcement, an increased presale activity by investors has been recorded as they buy more of the MGLS token to position for the significant price gain that will follow after the launch. Meanwhile, presale investors can benefit from the 30% deposit bonus when they buy the MGLS token before February 28. The platform has also revealed that they are working on listing the token in Tier 1 crypto exchanges.
Notably, Meme Moguls have generated up to 90% ROI for early investors so far in the presale, and that could increase to 120% by the end of the presale. Meanwhile, investors who buy the token now will benefit from the potential 35x price gain within the year.
As such, now is the best time to invest in the top meme coin, which is sold for just $0.0036. The token price is set to increase in the next few hours when it enters stage 6, which is the final presale stage. The platform has raised over $2.5M with more than 4,000 people joining in the presale.
Meme Moguls as a platform is a play-to-earn (P2E) environment where members can trade memes in an immersive trading fantasy. At Meme Moguls, members can trade meme-inspired assets and become a mogul while they earn rewards and collectibles. Also, the platform provides an immersive trading journey by implementing real-world market data to enhance how individuals trade. Overall, Meme Moguls is a top crypto project that investors can leverage to generate on-chain wealth.
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Source: https://blockchainreporter.net/stacks-stx-and-maker-mkr-both-return-huge-profits-as-meme-moguls-witness-massive-inflow-of-investors-as-presale-nears-end/