Ethereum (ETH) saw a tremendous 80% upswing in the past year, indicating that it has massive bullishness on the charts. Moreover, the crypto is poised for growth, and could soon reach a breakthrough based on three analysts. Alongside it, Meme Moguls (MGLS) is making significant progress with its presale. We will go over the price performance of both projects to see how far they can rise.
Ethereum (ETH) to Rise Above $5,000 Based on Analyst Projections
Ethereum (ETH) is at a crossroads that could define its future trajectory. During the past year, it was up 80% and in the past week, it reached $2,419.80 as its highest value. This significant Ethereum crypto growth has captured the attention of numerous analysts.
- First, Michaël van de Poppe has shared a notably bullish perspective. He highlighted the Ethereum price’s approach to its 2022 low and how it can lead to an upswing if an ETF approval happens.
- Second, Crypto Tony also showcased a bullish outlook if ETH reclaims the $2,500 point.
- Third, renowned analyst Ali Martinez noted how the ETH MVRV pricing Bands indicate that the next key price targets are $3,830 and $5,100.
The Ethereum price prediction by each analyst is bullish, and this can lead to further growth. But it’s not the only crypto to grab attention.
Meme Moguls (MGLS) Hosts $10,000 Community Mega Giveaway
Meme Moguls (MGLS) is an upcoming platform that will introduce a Play-to-Earn (P2E) experience for anyone to enjoy and learn how to invest. It will introduce simulated investing, and players will be able to compete with their friends in simulated trading to learn investment strategies. Through doing so, they will be able to learn new methods and even earn cash prizes and meme rewards.
- Each player begins with $100,000 in virtual cash. They can use it to create a portfolio, and can then complete challenges to turn their simulated profits into cashable returns.
- They will be limited to using 20% of the portfolio on a single investment. This is done to better simulate real-world investing.
- There will be a dedicated Metaverse as well, called Moguls World. Here, each player can connect, mine tokens, join liquidity pools, and stake their tokens.
- Users can complete missions and challenges to get access to valuable meme assets. These can be sold in the Marketplace for additional capital gains.
- To earn more of the MGLS crypto, players can contribute their existing tokens to the Meme Moguls staking pool.
- Through doing this, they become eligible for rewards, based on their share of the pool, and annual returns percentage. As a result, MGLS is seen as one of the top crypto coins.
🚀 Stage 4 of the #MemeMoguls Community Mega Giveaway is here! 🎉
💰$10,000 in $MGLS tokens up for grabs!
Join us for creative challenges, thrilling quests & fun community activities. 💯⌛Participate & win big before the Stage 4 Presale ends.
Your creativity & engagement… pic.twitter.com/cB1Hmci8CJ— Meme Moguls (@meme_moguls) January 10, 2024
There is a giveaway of $10,000 MGLS up for grabs. Players will need to join the social media pages and engage with the community. They can complete creative challenges, thrilling quests and fun activities in order to become a winner. The winners will be announced before the Stage 4 presale ends.
Summary
Ethereum (ETH) is bullish, and three major analysts all project significant gains for its future. Alongside it, during its blockchain ICO, at Stage 4, MGLS trades at just $0.0027. Analysts project a major upswing of 100x following its launch. These aspects make MGLS one of the top crypto coins to get into.
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