As waves of unfavorable market trajectories sweep across top crypto coins like Ripple (XRP) and Dogecoin (DOGE), there’s a frantic search for cryptos that guarantee high ROI by investors. Meme Moguls (MGLS) has established itself as one of the top cryptos for high gains in Q1.
Early investors already made substantial returns of up to 90%. While the token gears towards reaching the $0.19 threshold in the year, analysts have picked MGLS as one of the best cryptos to invest in the year.
Meme Moguls (MGLS) Presale Sees a 90% ROI, Generates Over $2 Million as More Investors Join the Project
As Meme Moguls (MGLS) entered stage 5 of its presale, investors who bought the token at its first stage made a profit of 90%. Notably, the MGLS token is gearing toward making 2024 its breakout year, where the token may see its price value climb to $0.19. This surging momentum has led to experts picking the MGLS token as one of the best cryptos to invest in the year ahead of tokens like XRP and Dogecoin.
Unlike other meme coins with zero utility value, the MGLS token has strong utility in the Meme Moguls ecosystem. For context, the Meme Moguls platform is a virtual gaming platform that provides a stimulating trading environment where members can trade memes. As a play-to-earn (P2E) platform, Meme Moguls rewards gamers who trade memes on the platform. Also, community members will have a chance to preview the gameplay and features of the game within the next week.
Having realized the strong utility and potential of the MGLS token, the platform has recorded a massive inflow of investors with close to 4,000 token holders so far. At only the price point of $0.0036, MGLS represents a top crypto coin that is affordable and harbors high growth potential. Crypto experts have projected a 580% rally in the ongoing presale and 100x gains after Uniswap and other platforms listing.
Users who buy the token at the current 5th stage of presale will get a 30% deposit bonus. At every stage of the presale, the Meme Moguls platform will give out $10,000 worth of MGLS tokens to users who complete epic challenges on Zealy. It is an opportunity to gather as many MGLS tokens as possible and position yourself for the token’s potential rally in the year. These giveaways make Meme Moguls one of the top platforms to join now.
Ripple (XRP) Bears Amid Oncoming Lawsuits Against SEC
Ripple (XRP) is witnessing a bear market in what could be connected to the imminent court hearing in a case against the US Securities and Exchange Commission (SEC). For context, the SEC has been in a legal battle with XRP as to whether the token is a security.
After a prolonged lawsuit, both XRP and SEC will be meeting again in court between February 14th and April 29th, 2024, to finalize the remedies and discovery filling of the case. Meanwhile, market stats show that the XRP price has fallen by over 18% within the last month and may see another twist depending on what the outcome of the upcoming court case yields.
Dogecoin (DOGE) Continues its Bear Sentiment
Dogecoin (DOGE) lost 12% within the last month in a round of bearish trend. In another show of lost momentum, Dogecoin trading volume has been on an average of 19% decline within the last week.
Meanwhile, Dogecoin still maintains its top 10 ranking among the cryptos with one of the biggest market cap on CoinMarketCap, with a value of $11.3 billion. Nonetheless, experts reckon that the Dogecoin price may still be far from a price resurgence.
For more information about the Meme Moguls (MGLS) Presale:
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