The new year held a lot of promise for several tokens in the crypto market. However, only a few have maintained the bullish momentum going into February. For instance, tokens like Ethereum (ETH) and Arbitrum (ARB) both witnessed a rally at the beginning of January before declining. Meanwhile, the surging popularity that Meme Moguls presale has made the token one of the top cryptocurrencies to invest in the year. Experts are projecting significant up to 100x returns after its game launch on 11th March.
Presale of Meme Moguls (MGLS) Soars as Token Showcases Massive ROI Potentials
Since the start of the Meme Moguls (MGLS) presale, the token has recorded over 90% ROI for early investors who joined the token in its first presale stage. However, the good news is that the token still has a lot to offer as it continues to rally toward generating over 100x ROI in price value after its game launch. Currently, the MGLS token represents a top meme coin with sky-high potential for significant ROI.
For context, the MGLS coin is the native token of the Meme Moguls platform. This platform is a play-to-earn (P2E) virtual gaming platform on the blockchain where individuals can trade memes in a simulation similar to the real stock market. The team has announced a preview of the gameplay will be available within the next seven days.
At the price of only $0.0036 per token, now represents the best time to buy the MGLS token to position oneself for the potential price gains. The Meme Moguls platform is giving a 30% bonus to investors who purchase the token. While on the 5th stage of the presale, the platform will be giving $10,000 worth of MGLS tokens to users who complete epic challenges and quests on Zealy. With the epic challenge for the current presale stage ongoing, now is the best time to utilize the opportunity and get free MGLS tokens.
Meanwhile, the MGLS token is proving to be one of the top cryptocurrencies to invest in the year due to its growing momentum and reputation in the market. Having raised almost $2 million in presale and with close to 4,000 token holders, MGLS is towing the path of a potential blue-chip crypto. Even Ethereum and Arbitrum investors are stacking up the MGLS token to diversify their investment portfolios.
Ethereum (ETH) Bullish Momentum Dwindles, Potential for Growth Still Visible
The market trajectory of Ethereum (ETH) has shown massive growth since last November. According to price data, Ethereum entered the $2,000 mark in November 2023, the token’s first time since 2022. Ethereum price has since undergone a rally to reach an all-year peak of $2,600 in January 2024.
However, the momentum of Ethereum has since dwindled, and the token has landed just above the $2,200 going into February. Nonetheless, experts believe another round of bullish sentiment may be imminent as the token looks to break its dipping price value.
The Recent All-time High Price Turn of Arbitrum (ARB) a Sign of Things to Come
Less than a year since Arbitrum (ARB) was launched, the token has gone on to reach an all-time high of $2.40 on January 12. While Arbitrum’s price has since gone below the $2 mark, experts believe that the token has the potential of possibly reaching $7 in Q1 of 2024.
For context, Arbitrum has gained 10% within the last month, as per the token’s price chart from CoinMarketCap. Also, the Arbitrum trading volume has been on a positive trajectory of 21% on a day-to-day average since last week. It could be a sign of a rally underway.
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