Crypto experts believe Uniswap (UNI), Decentraland (MANA), and Meme Moguls (MGLS) may rally soon. Meme Moguls presale sees early investors up 120%.
Industry analysts speculate that Uniswap (UNI), Decentraland (MANA), and Meme Moguls (MGLS) could see an uptrend in the near future. Early investors in the ongoing MGLS presale have experienced a remarkable 120% increase in returns.
Positive Outlook for Meme Moguls
The Meme Moguls project is currently in its sixth and final stage of the presale. The platform has attracted over 4,000 users as interest in the project continues to grow. To date, the ongoing presale has raised over $2.7M.
For context, Meme Moguls offers investors the opportunity to engage in professional trading and provides training sessions. Participants are allotted $100,000 in virtual currency, which they can convert into tangible profits. However, investors are restricted to investing only 20% of each virtual currency, with the remaining 80% diversified across various assets.
A notable feature of the platform is its provision of giveaways and incentives. At each stage of the presale, Meme Moguls rewards users with $10,000 worth of MGLS for completing epic challenges and quests on Zealy.
MGLS is a meme coin built on the Ethereum blockchain, currently priced at $0.0042 per token. Early backers have seen returns exceeding 120%.
Meme Moguls aims to list the token on Uniswap and is also considering listing it on other top-tier exchanges. Additionally, the game's test phase is scheduled to launch on March 11. Following the presale, any remaining tokens will be allocated to in-game earnings and rewards, with excess tokens burned to stabilize circulation.
Uniswap Surges by 80%
The Uniswap token has experienced a significant surge following the Uniswap Foundation's proposal to allocate a portion of protocol fees to token holders.
This news has propelled the token's price from $7 to over $12 in a short period. Over the past 30 days, Uniswap's price has surged by more than 80% and by 40% in the past week, as per CoinMarketCap data.
Given its status as one of the largest decentralized exchanges globally, the foundation's proposal shouldn't come as a surprise. Additionally, the surge can be attributed to the introduction of the Uniswap v4 upgrade, which promises increased efficiency and is expected to be available before Q3 2024.
Decentraland's 15% Growth Over a Month
Decentraland has witnessed considerable growth over the past month, indicating a potential bull market for the token.
Market statistics suggest a 15% increase in Decentraland's price over the past month and a modest 4% rise over the past week.
Moreover, trading volume and market capitalization for Decentraland have experienced significant expansion in the past week.
This heightened trading activity could propel the token's price to $0.6 in the coming days, a level last seen around April 2023.
Crypto experts speculate that if the current bullish momentum continues, Decentraland's price could reach $1 by the end of the year.
Disclosure: The information presented here is sourced from a third party. crypto.news does not endorse any mentioned products and advises users to conduct their own research before making any investment decisions.