When faced with the option to pick between Ripple (XRP) or Solana (SOL), investors are often indecisive. For one, XRP is relatively cheap—less than a dollar—while Solana has shown the most promise, soaring by over 400% this year. Hence, this indecisiveness is understandable to a large extent. However, a more popular investment choice among investors is Meme Moguls (MGLS). This new ICO is ridiculously cheap and holds more promise, tipped for a 100x upside. Hence, investors have been flocking to it, aiming to ride its bullish wave.
This post will cover the appeal of Ripple and Solana, including a comparative analysis. Further, it will explore the rising interest in Meme Moguls, explaining why it is among the best coins to invest in.
Ripple (XRP): A Leading Altcoin
By market capitalization, Ripple (XRP) is the fifth largest cryptocurrency. Its market size is over $30 billion and growing. Does this make its future growth potential limited? Likely. Further, regarding its tokenomics, it has a maximum supply of 100 billion XRP Ripple tokens.
According to a bullish XRP price prediction by Crypto Daily, the token can push towards $0.9224. An increase in adoption and utility will drive it toward this level, per this forecast. At the time of writing, the XRP price is at $0.62 and appears to be gaining traction.
Solana (SOL): Lower Supply and Market Size
Solana (SOL) is popularly known as a DeFi (decentralized finance) giant. In terms of market size, it is ranked 6th, behind XRP. This suggests more upside potential.
In terms of total supply, it has a competitive advantage over XRP, with 564 million tokens. In light of this, the Solana crypto is expected to rally higher. Nevertheless, the Solana price might be seen as more expensive, as it trades above $70.
According to Crypto Daily’s Solana price prediction, if it breaks its immediate resistance level, $82, it could target $89. An influx of capital into the crypto space and positive market sentiment are expected to drive it to this mark.
Meme Moguls (MGLS): Why Investors are Flocking to this Top ICO
Meme Moguls (MGLS) has become a clear favourite among investors, even with Solana and Ripple as options. Its advanced tokenomics, growth potential, unique concept, and cheap price make it desirable. Poised to skyrocket, investors have been positioning themselves for the impending surge.
To begin, it has a low supply of 3 billion tokens, which pales in comparison to Ripple’s 100 billion tokens. Further, it is a new narrative in the crypto space, standing at the intersection of P2E (play-to-earn), GameFi, trading, and memes. It will function as an in-game currency and a governance token within the ecosystem.
The ecosystem will host a novel game built around trading. The game’s main feature will be simulated investing, mirroring real-world trading. Remarkably, gamers will learn investing strategies while playing the game, along with earning prizes and rewards. It also promises to be fun.
Given the above, it is primed for a strong rally after launch. The presale is in its second stage, and a token costs only $0.0023. According to experts, it has a 50x upside potential, positioning it as one of the best cryptos to invest in.
Interestingly, a mouthwatering giveaway was recently announced, worth $20,000 in tokens. It will be active till the end of presale stage 2, providing enough room to participate.
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Source: https://coinpedia.org/press-release/rxrp-vs-sol-why-investors-flocking-to-meme-moguls/