Solana (SOL) Grows 709%, Ripple (XRP) Rejected at $0.7 – Meme Moguls (MGLS) Captures Appeal With P2E Ecosystem and Metaverse

Home » Blog » Solana (SOL) Grows 709%, Ripple (XRP) Rejected at $0.7 – Meme Moguls (MGLS) Captures Appeal With P2E Ecosystem and Metaverse


Solana (SOL) and Ripple (XRP) have persisted in maintaining their value and have experienced higher swings over the past session. Each crypto can showcase even further growth moving upwards. But another crypto is getting a lot of appeal from traders, and that’s Meme Moguls (MGLS). With its blockchain ICO, it has already captured a significant portion of investor attention. We will go over each altcoin to see how far they can rise, and to see which is the best cryptocurrency to buy today.

Solana (SOL) Grows 709% – Price to Reach $184.68

The Solana (SOL) price action showcased the higher high formation. Buyers are looking confident, leading the battle and showcasing resilience. Amid the market’s indecisiveness, the buying momentum has not halted.

The weekly performance of the Solana crypto is favorable, as it moved from $97.31 to $116.26. The total price upswing was by 60% in the past 30 days and by 709% in the past year for the Solana price. It’s the 5th largest by market cap, at $41,705,588,122. According to the Solana price prediction, it can surge as high as $184.68 in 2024.

Ripple (XRP) Faces Rejection at $0.7 – Is $1.10 Possible?

Ripple (XRP) has remained bullish on the chart for the short term and the long term. This activity suggests that buyers are active near the demand zone and could show a decent bounce. But the Ripple crypto recently faced rejection at the $0.7 level at the 50-day EMA. The presence of sellers is visible on the charts, and this could trigger a negative Ripple price sentiment, which could lead to a 10% decline in the short term.

The 200-day EMA of $0.54 could act as a strong support for bulls, and it can be difficult for sellers to regain control. According to the Ripple price prediction, it can surge to $1.10 by the end of 2024.

Meme Moguls (MGLS) to Feature P2E Ecosystem and Dedicated Metaverse

Meme Moguls (MGLS) is an upcoming platform that will introduce an entire Play-to-Earn (P2E) ecosystem filled with opportunities. Anyone will be able to begin trading meme-inspired assets. These will include viral memes and iconic internet moments, where players can explore and trade them. The ecosystem will be powered by the native token, MGLS. Players can use it to unlock exclusive features and even influence the network’s decision-making process with its decentralized governance model.

This makes the platform community-driven. There are also staking pools. Here, players can engage with the Meme Moguls staking pool, for example, and stake their balance. Through doing so, they can get an annual return percentage. The ecosystem also features the Moguls Casino. Players can utilize meme-based assets and their MGLS balance to engage in various gameplay elements.

Moguls Land will be a dedicated Metaverse, and players can connect, mine tokens, and engage in other activities. Community members can set up custom tournaments and create prize pool buy-ins. These aspects make it the best cryptocurrency to buy today.

Summary

While Solana is moving upwards and Ripple is bullish on the charts, Meme Moguls can lead the next bull rally. 

The project has reached Stage 4 of the presale, where a single MGLS token trades for just $0.0027. According to analysts, following its launch and listing on Tier-1 exchanges, the crypto can surge by 50x. 

Visit Meme Moguls



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