Bored Ape Yacht Club NFTs co-creator Greg Solana has become the new CEO behind Yuga Labs. He will replace Daniel Alegre, who began his role as CEO in April 2023. ApeCoin (APE), as a result of this, experienced a sudden surge, where it’s up 23% on the two-week chart.
Moreover, MultiversX (EGLD) is also bullish, but the most significant attention has gone towards the Meme Moguls (MGLS) meme coin. With its launch nearing soon, and the rapid presale momentum, it’s becoming one of the hottest projects for 2024 and today we will go over why. By the end, we will determine which is the best cryptocurrency to invest in.
MultiversX (EGLD) Breaks Past $60 – Can It Reach $70?
MultiversX (EGLD) has experienced a significant price uptrend that could propel it to new heights. Just in the past month, the MultiversX price experienced a price increase of 23.6%.
Moreover, the MultiversX crypto is positioned to dominate the charts in the upcoming trading sessions as it’s up 7% in the past week as well. During this time, the price increased from $55 to $62 and now needs to break past the $70 price barrier. According to the MultiversX price prediction, it can end in 2024 at $$75.64.
ApeCoin (APE) Grew 23% in the Past Two Weeks – How Far Can It Rise by Q4?
ApeCoin (APE) has also showcased major dominance on the charts as its value is up 23% on the two-week chart. Moreover, the monthly gains for the ApeCoin price were at 36%, and according to the estimates, it can reach even higher gains.
The total movements in the value of the ApeCoin crypto was from $1.57 to $1.89, and it could soon see an even more significant rise. Based on the metrics, the ApeCoin price prediction puts it at a value of $2.94 by the end of 2024.
Meme Moguls (MGLS) Presale Nears End – Price to Spike 100x Upon Completion
Meme Moguls (MGLS) is an upcoming Web3 platform which can completely change how users enter the industry through unique P2E elements. Players can compete within simulated trading, and can also learn how to utilize various strategies for investment. The simulated trading game enables everyone to start with a balance of $100,000, and only 20% can be placed on a single trade, to better simulate how investing works in the real world. Moreover, Meme Moguls also introduces the MGLS crypto, which will be used as the in-game currency, and players can contribute their existing tokens to the Meme Moguls staking pool.
MOGULS!! 🔥
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
— Meme Moguls (@meme_moguls) December 8, 2023
Its ecosystem will be vast, and also features Moguls World, a dedicated Metaverse, and the Moguls Casino. The presale is set to end on February 28, and the platform will officially launch on March 11, which will represent the first testing phase. Now at Stage 5 of the presale, MGLS trades at just $0.0036. At launch, analysts are projecting a major price increase of 100x.
Summary
While it’s clear that MultiversX and ApeCoin are both solid performers and have showcased dominant on-chart metrics, the most attention has gone to Meme Moguls. Its vast ecosystem and user-friendly approach can boast major appeal, and it can see significant surges in its value. These aspects make MGLS the best cryptocurrency to invest in.