As we observe the downward trend of Klaytn and Flow, many investors are looking for more promising alternatives. Meme Moguls stands out as a potential contender due to its low presale price of $0.0021 and its P2E (play-to-earn) model. Let’s dive deeper into why Meme Moguls could be a better alternative to Klaytn and Flow.
Meme Moguls (MGLS) Gains Momentum During Presale
Meme Moguls is a play-to-earn platform that combines the fun of meme culture with strategic stock market trading in a virtual environment. It’s a place where enjoyment meets education, and every player has the opportunity to rise as a mogul in the world with rewards at every corner.
The best part is that there are many different ways to play and earn. Users can set up private competitions with friends, enter global tournaments, and even test the “Beat the Market” mode, where they go head-to-head with the market itself. It’s all about making smart investments and earning rewards while having fun.
https://twitter.com/meme_moguls/status/1735365019578089887
Extending beyond the game itself, Meme Moguls introduces “Moguls World,” a metaverse that offers additional engagement opportunities like token mining, joining liquidity pools, and staking. The staking aspect, offering rewards based on the amount and duration of the stake, provides another incentive for long-term investment and engagement with the platform.
The ongoing presale of MGLS tokens further heightens the anticipation surrounding the Meme Moguls launch. This event offers an early opportunity for investors to get their hands on a utility token that is predicted to surge by 100x in value once the platform goes live.
There is currently a 30% deposit bonus ongoing for presale participants. So not only can you get the token for just $0.0021 per MGLS, but you also get an additional 30% bonus on top of your purchase.
Klaytn (KLAY) Price Prediction for 2024
Klaytn is a blockchain platform with a hybrid architecture that provides public and private blockchain environments for companies to build decentralized applications (DApps). Klaytn’s main goal is to make blockchain technology more user-friendly and accessible for businesses and everyday users.
Klaytn surged from a low of $0.15 to an all-time high of $4.26 in the 2021 bull run. However, it has since entered a downward trend and is trading at around $0.25 after a market correction. This 94% loss makes Klaytn one of the biggest losers among major cryptocurrencies in this market cycle.
Klaytn has just released the v1.12.0 update, introducing new EVM opcodes, API enhancements, and dual hardforks. Holders will hope this tech upgrade increases developer interest in the project and helps boost the $123 million TVL to higher levels.
The Klaytn chart shows signs of life as the price has climbed from $0.10 at the end of October to $0.25 today. The next resistance level sits at $0.30, but the $0.40 level will decide if Klaytn joins the 2024 crypto bull run.
But there is no telling how long that could take, and with MGLS tokens scheduled to rise in the time-limited presale phases, Klaytn investors might be better off looking at other opportunities with quicker potential upside.
Flow (FLOW) Fails to Keep Pace with Meme Moguls (MGLS)
Flow is a blockchain platform for gaming and non-fungible token (NFT) projects. It was created by Dapper Labs, the team behind CryptoKitties, and has received backing from major investors such as Andreessen Horowitz and Samsung.
Flow reached an all-time high of $46 in March 2021 after hype surrounded the NFT industry but has since fallen to around $0.79. This 98% loss in value makes Flow another major loser in this market cycle. But why has Flow fallen so drastically?
The main reason for Flow’s decline is the lack of successful projects on its blockchain. Despite its backing and hype, Flow has had little adoption compared to other NFT platforms like Ethereum and Binance Smart Chain.
The chart shows that the $1.00 and $3.00 price points are the two significant resistance levels that must be overcome for Flow to start trending up again. However, there is a long road ahead for Flow as it struggles to compete with newer projects like Meme Moguls that are quickly becoming top NFT contenders.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Twitter: https://twitter.com/meme_moguls