WEB3
by BSCN
December 13, 2023
Analyzing the price potential of Solana (SOL) and Pepe (PEPE) tokens as Meme Moguls (MGLS) emerges as a top token for December among whales.
While tokens like Solana (SOL) and Pepe (PEPE) have been well-established in the market, the emergence of Meme Moguls (MGLS) is creating ripples among whales alike. With its stellar performance so far, it could even be the best presale of 2023. Today, we will review recent developments for all these tokens as we discover what may lie ahead for them.
>> Can You Predict The Next 1000x Meme Coin? Become A Meme Mogul Today <<
Solana (SOL) has witnessed a remarkable surge in its DeFi ecosystem, hitting an impressive milestone on December 1. DeFiLlama data shows the platform's TVL soared to a new yearly peak, eclipsing $667M. This rapid growth shows the strength and adoption of Solana's DeFi space, signaling increasing utilization within the community.
As the TVL skyrockets, the Solana price performance has remained steady. The Solana token surged from $57 on November 24 to $60 on December 1, exhibiting an uptrend. SOL trades above its 50 and 100-day EMAs, signaling positive market sentiment and a bullish trajectory.
Industry experts are optimistic about SOL's future in their Solana price predictions. They predict a continued surge that could propel its price to $65.71 by January 2024.
Pepe (PEPE) has been making waves in cryptocurrency, approaching a significant milestone as its market cap surges. The Pepe price has risen, currently trading at $0.000001097, marking a 3.87% increase from November 30. As a result, its market cap has soared and is $457M as of December 1, 2023, showing a trajectory toward the $500M mark.
Additionally, Pepe has reclaimed its position above the 21-day EMA, signifying a bullish sentiment among traders. Several factors are attributed to Pepe's recent resurgence, notably increased trading volume and the Pepe team's strategic move of 418B coins to Binance Earn, stirring renewed attention and activity within the community.
When looking at Pepe price predictions, analysts forecast the coin's price to reach $0.000001 before December ends potentially.
Meme Moguls (MGLS) has taken the crypto market by storm, fueled by its innovative approach to meme-driven assets. The world's first meme-driven stock exchange has swiftly attracted traders with its ongoing presale success.
Garnering an impressive 10% increase in its token value from $0.0019 to $0.0021, MGLS also raised 250,000 USDT during its Beta stage in record time - just one week. These milestones have made countless traders flock to the Meme Moguls presale and buy the token before its value increases again.
MGLS has a lower market cap of just $6.3M compared to Solana and Pepe. This value hints at a higher growth potential with a lesser capital influx. Because of this, many whales are gravitating to MGLS for December.
Those who purchase it now will receive a 30% deposit bonus and potentially obtain the next 100x token. Analysts have made this prediction while pointing to Shiba Inu as a good comparison. Namely, thecryptobasic states that SHIB has now provided 1.6M% ROI since its launch in 2020. Meme Moguls has the same potential and may bring it much faster.
For more information about the Meme Moguls (MGLS) presale:
Website | Buy presale | Twitter
As Solana ($SOL) and Pepe ($PEPE) continue to make waves, whales are turning their attention to @meme_moguls ($MGLS). Learn why... ↓
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