Ripple may be old news for some investors, but those watching the cryptocurrency market closely know that this digital currency has recently shot above $0.60 and is now setting its sights on the $1 mark. Elsewhere, Meme Moguls (MGLS) is surging during a presale event of discounted tokens, indicating potential growth of 1,210% or more. Let’s compare these two investments.

Ripple (XRP) Shoots Above $0.60 and Eyes $1.00

Ripple has been on a tear recently, overtaking Cardano as the 4th largest cryptocurrency by market capitalization. This surge in value can be partly attributed to the regulatory success Ripple has been experiencing in recent months.

It started with the legal win over the SEC in July, where a judge ruled that XRP was not a security. This lifted a major regulatory cloud over Ripple and opened the doors for more institutional investment.

Moreover, Ripple has just been granted regulatory approval in the Dubai International Financial Centre’s free trade zone. This means that institutions in the area can use XRP for cross-border payments and other financial transactions.

It is also important to note that the Ripple Swell conference is ongoing, with news relating to CBDCs, a VARA license, tokenization, and a possible Ripple IPO. These developments have contributed to the price surge and bullish sentiment surrounding XRP.

XRP is trading at $0.65 after pumping from $0.55 in mid-October. Analysts note that there is little resistance on the chart before a move toward the $1 mark, a key psychological level that has not been reached since December 2021.

Meme Moguls (MGLS) Braces for 1,210% Growth

Meme Moguls is pioneering the integration of meme culture with financial trading by building the world’s first meme-backed stock market. In doing so, the project offers a space where users can harness the power of memes for financial growth.

The Meme Moguls platform will host a diverse range of meme-inspired assets, from trending memes to original creations from the community. These assets will be traded and valued based on their popularity and cultural relevance, allowing users to buy, sell, and invest in them.

Meme Moguls wants every user to succeed. They even aim to make 100 millionaires in the first three months of the platform launching! As such, Meme Moguls promotes a community-driven approach to trading, where users can collaborate and strategize with each other.

Trading memes is just one of many ways to profit from the Meme Moguls ecosystem, as the MGLS tokens can be staked to earn yield and used for governance purposes. Plus, users can put their skills to the test and earn unique NFTs through gameplay achievements and participation.

The MGLS token serves as the utility and governance token of the Meme Moguls ecosystem. It can be bought for just $0.0019 in the first presale stage, which is expected to increase significantly as the hardcap is reached in each presale stage. At the end of each stage, the team will also be giving away $10,000 to one investor. 

It’s worth noting that the earliest backers of memecoins tend to make the most life-changing gains. For example, Shiba Inu has had a 1.6M ROI since it launched three years ago. Meme Moguls has the potential to follow a similar trajectory, as it combines the power of memes with an innovative financial model.

Analysts are already predicting the current $0.0019 price to rise to $0.023 as it gains 1,210% over the next few months. This projection is supported by the growing popularity of meme culture and the potential for Meme Moguls to become a leading player in this space.

Visit Meme Moguls