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The crypto market has been volatile, negatively impacting Binance Coin (BNB) and UniSwap (UNI). On the other hand, in the ongoing Meme Moguls (MGLS) presale, the token is up 42%. Experts say MGLS has more room for growth before its launches.
Meme Moguls plans for play-to-earn gaming
Meme Moguls is an online game where players can trade virtual meme stocks for real rewards.
Players can compete in private leagues or large-scale community tournaments to earn MGLS and NFTs.
The rarest NFTs provide significant advantages, such as better leverage options and smaller spreads.
MGLS is the primary in-game currency and can be used for transactions, staking, and governance.
In the ongoing presale, MGLS is available for $0.0036. Supporters expect more growth in the days ahead.
Uniswap price prediction for 2024
Uniswap is a decentralized exchange. Its market capitalization rose to $22 billion in six months after launching.
The DEX faces stiff competition from other platforms like THORchain, dYdX, Trader Joe, and THENA. The surge in transaction volume on Solana has compounded the situation.
Uniswap’s future depends on its ability to adapt quickly.
However, if UNI prices break above $8, a resistance level, there could be more room for upsides.
BNB is navigating crypto change
Binance is a leading centralized exchange, supporting over 396 coins and registering a daily average trading volume of over $22 billion.
Even so, Binance has been plagued by regulatory challenges in various countries, including the U.S.
The exchange was found guilty of violating the Bank Secrecy Act in the United States, forcing BNB prices to dump from $317 to $200 in two months.
Though prices recovered to $338 in December, the downtrend remains.
Binance’s new leadership must navigate regulatory challenges and continue to drive the exchange’s success.
Investors should watch developments closely, but BNB remains a strong contender.
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Source: https://crypto.news/meme-moguls-rallying-as-bnb-and-uniswap-retrace/