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Meme Moguls (MGLS) has been turning heads its way as countless Fetch.AI (FET) and The Graph (GRT) whales are flooding its presale. This Stage 5 presale star has already raised close to $2.5M, showing individuals' interest in it. Some experts hint that Meme Moguls could become the next 100x meme coin in 2024. Let's see why.
Fetch.AI (FET) has recently made headlines with some exciting developments. For instance, Fetch.AI announced that Deutsche Telecom has joined its foundation as a corporate partner. This partnership will bring many advancements to its blockchain.
This Fetch.AI news was a catalyst for a week-long rally for it. The Fetch.AI crypto value jumped from $0.63 to $0.88 then. Not only that, the Fetch.AI market cap grew from $527M to $740M. Sentiment for this crypto is bullish, as 28 technical indicators are flashing green. Because of this, market analysts predict that Fetch.AI will trade at $0.92 within Q2 of 2024.
Meanwhile, The Graph (GRT) has been experiencing a bullish rally recently. According to CoinMarketCap data, The Graph price has increased from $0.16 to $0.26 in the last seven days. Its market cap also grew from $1.54B to $2.48B in that period.
As per market analyst Clifton FX, The Graph saw a significant trend line breakout on the weekly timeframe. He also placed a price target of $0.507 for GRT. Additionally, this crypto is now trading above its 50 and 100-day EMAs. As a result, experts in the crypto field have made a bullish The Graph price prediction. They foresee a surge to $0.30 within Q1 of 2024.
Meme Moguls (MGLS) has already made a big splash in the meme coin market with its presale, having raised nearly $2.5M. The presale ends on February 28, when things are expected to heat up even more.
One MGLS token is worth just $0.0036 in Stage 5 of its presale, meaning early investors have seen a 90% return. But that could be just the tip of the iceberg, as Meme Moguls said Uniswap listing plans will follow the presale period. Analysts believe this move will launch MGLS value by 1,000% within Q1 of 2024.
Unlike most meme coins, though, Meme Moguls brings utility to the table. It positions MGLS as a governance token and in-game currency for the platform's play-to-earn (P2E) game. This virtual stock trading experience allows users to earn crypto and rewards while playing, with testing set to launch on March 11.
Meme Moguls has put together a 30% deposit bonus offer to capitalize on its momentum. As a result, any new buyer who secures the meme coin will gain a massive bonus. With comparisons to Shiba Inu and Dogecoin's success, Meme Moguls may be one of the best meme coins to buy now.
Whales from Fetch.AI and The Graph are cashing in on Meme Moguls. These whales are coming in droves because of its low market cap of $10.8M. In other words, this meme coin will see faster growth as fewer new funds are needed. Thus, early buyers may experience tremendous gains very quickly and easily.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
