Unus Sed, the utility token of iFinex, the parent company of Bitfinex, experienced a strong performance in January. Its value increased while many projects faced major declines. However, experts are questioning the relevance of Unis Sed (LEO), given its poor trading activity.
As a result, many investors are choosing Meme Moguls and Mantle as alternative investments. These rapidly growing projects have gained significant momentum in 2024 and could be on track to hit new all-time highs within a few months.
Meme Moguls continues to soar following the announcement that its presale will finish on February 28. This rapidly growing project has raised over $2.2 million, and now, stage 5 of its presale is expected to sell out within a fortnight.
The next few weeks will be pivotal for Meme Moguls. The development team will launch an exclusive game preview where investors will get an insight into the different upcoming features. These will include the Meme Moguls virtual stock market, different game modes, and concepts such as the game's leaderboard.
As investors prepare for the game's launch, many are doubling down on their investments. In less than a week, Meme Moguls has raised over $200k, and thousands of new investors have purchased presale tokens. Investors who buy now will still be able to get a 30% bonus on their buy order, as well as participate in the Meme Moguls presale giveaways.
Meme Moguls will begin phase one of its game release in March, during which $MGLS tokens are expected to experience several price increases. $MGLS, Meme Moguls utility token, is currently available for $0.0036 during the fifth round of the Meme Moguls presale. It's expected to increase to $0.0042 before the presale ends and could see 100x returns within a year.
Unus Sed is the utility token of the Bitfinex ecosystem. It offers a unique burning mechanism that helps to gradually increase the supply of remaining Unus Sed tokens. However, Unus Sed has faced significant demand issues despite its utility.
At the time of writing, Unus Sed was ranked #22 in the crypto market by market cap, though the project was ranked #837 in terms of daily trading volume. Despite having a market cap of $3.7 billion, Unus Sed Leo had a daily trading volume of just $1.1 million.
This significant discrepancy suggests that Unus Sed may not have the demand that experts thought it would. As a result, some experts suggest that Unus Sed could be a low-return investment, and as a result, are choosing Mandle and Meme Moguls instead,
Mantle (MNT) is becoming one of the market's best performing assets in February. Its value has increased by 6.6% in the last seven days, and Mantle has passed the $0.6 resistance level. This huge milestone has helped Mantle gain market-wide attention, and its daily trading volume has increased by 16.7% to $98 million.
This recent surge was triggered by an increase in inscription activity, during which Mantle reached 200 transactions per second (TPS). Its performance has helped to boost confidence surrounding Mantle, and has shown that the project can compete with the market's top blockchains.
As its momentum continues to build, Mantle could experience additional price increases. On its current trajectory, experts predict that Mantle will increase to $0.7 by the end of Q1.
For more information about the Meme Moguls (MGLS) Presale:
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