Seasoned investors are always on the lookout for the next big opportunity—a chance to invest in promising narratives. One project, in particular, has been making waves for this reason. Therefore, it comes as little surprise that Ethereum (ETH) holders are diversifying into Meme Moguls (MGLS), a bullish narrative, as well as Axie Infinity (AXS). Given its massive upside potential—up to 100x—it is the best new crypto to invest in.
This post will cover the appeal of Meme Moguls and Axie Infinity, as well as the rising interest in them by Ethereum whales. It will also explain why they are the best coins to invest in. Let’s get started.
Ethereum (ETH): Is it Overvalued?
Ethereum (ETH) is a big name in the crypto scene, without a doubt. In the crypto market, it is the second-largest coin, behind only Bitcoin, while in the blockchain space, it is the leading DeFi (decentralized finance) platform.
Its critical role in the crypto landscape has contributed to its price gain. Nevertheless, many are wondering if the Ethereum crypto price is overvalued. Although it has declined by over 50% from its all-time high, some are pessimistic about ETH reclaiming these levels. Instead, they are opting for more promising projects than the Ethereum token.
The Ethereum price is above $2,200 at the moment. Assuming it reclaims its all-time high of $4,800, it would have increased by 130%, which is low compared to the potential of emerging tokens.
Axie Infinity (ASX): What is Fueling Demand?
Axie Infinity (AXS) is a popular blockchain-based game inspired by Pokemon. It is widely regarded as a pioneer of the P2E gaming model. The game allows players to collect, breed, raise, and battle Axies, which are token-based creatures.
The rising interest in the Axie Infinity coin is due to the game’s growing adoption. As the gap between blockchain gaming and traditional gaming narrows, Axie Infinity Crypto has seen a surge in demand.
The Axie Infinity price is currently above $7, and it has been gaining momentum. Given its strong upside potential, it is among the best cryptos to invest in.
Meme Moguls (MGLS): Why are Ethereum Holders Diversifying into this Top ICO?
It is not enough to invest in just any new ICO; solid projects hold the most promise and potential. At the intersection of this is Meme Moguls (MGLS), a disruptive concept with massive upside potential. Ethereum holders’ diversification into this presale token is a vote of confidence in its offerings and potential.
Its intriguing blend of play-to-earn (P2E), GameFi, memes, and trading is its distinctive feature. This platform will be the first of its kind, hoping to make several moguls from crypto enthusiasts. Through participation in the ecosystem, users can grow wealth and improve their meme trading skills.
In addition, through its game, which focuses on simulated investing, players can learn investment strategies and market trends. They will also discover new investments and earn cash prizes and meme rewards.
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
Given the above, the Meme Moguls ecosystem is where to be. The token will have several functions, including being the in-game currency and governance token. This gives it tangible applications and will contribute to its demand and growth.
The presale is in its second stage, and a token costs just $0.0023. Analysts predict its value will soar by 75x, making it a more compelling investment than popular cryptocurrencies. Just HODL and ride its bullish wave.
You can also win $20,000 worth of tokens in its ongoing giveaway, which will be active till the end of presale stage 2. To be eligible, you only need to hold the MGLS tokens. If you have yet to participate in the presale, now is a great time to do so.
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