Crypto Rover, a popular crypto YouTuber with over 120K followers recently tweeted that assuming Chainlink can grow well above $18, a $38 price is possible. While there is potential for Chainlink to meet up with this possibility, Meme Moguls is anticipated to surpass top dog Dogecoin, when it launches.
Crypto Rover Reads a $38 Future Price for Chainlink (LINK)
Throughout last year, Chainlink’s price had an amazing run as it gained over 169.28% in value, reaching a peak price of $17 by December. Chainlink (LINK) has since declined as 2024 set in, with the current price of LINK ranging from $14 to $15.
However, the Chainlink token is currently experiencing a series of fluctuations that may scale the price upwards as this new month goes forward. According to Crypto Rover, a prominent crypto analyser, Chainlink might be on the verge of settling above $18.
The analyst adds that, if Chainlink token can comfortably secure a price above $18, the next price target would be $38. According to him, Chainlink will price above $20 this year, however considering Bitcoin’s halving effect, Chainlink’s price may meet Crypto Rover’s expectations.
Dogecoin (DOGE) Price Experiences Series of Declines
Dogecoin (DOGE) is currently the largest meme coin with a market cap of $12.96B. Dogecoin also currently holds the 10th position on the list of top crypto coins by market cap. Backed by a strong community and an all-time gain of over 16,186%, Dogecoin leads the meme coin market.
While other meme coins like BONK, Shiba Inu, and Pepe, have been on an impressive streak last year, it will take much more for Dogecoin to be outpaced. However, Dogecoin has been declining lately, losing 1.54% in value in the past week, which signifies a weak phase for DOGE.
If Dogecoin price continues to decline, it might create an opportunity for other meme coins to topple over it, even upcoming meme coins like Meme Moguls.
Meme Moguls (MGLS) May Dominate All Meme Coins When it Finally Launches
Meme Moguls (MGLS) is a new and upcoming meme coin that is predicted to experience impressive growth, capable of raising it over all other meme coins in the market, including Dogecoin.
Meme Moguls is a play-to-earn token that will foster a community and platform where simulated investing and incentivized gameplay is made it possible for players to earn passive income.
Currently, in its 4th presale stage, Meme Moguls have raised over $1.3M in its presale and has experienced a price increase from a start price of $0.0019 to $0.0027. Meme Moguls’ token is already selling out fast in its latest presale stage and the price may increase further, signaling as the potential best cryptocurrency to invest in this year.
Meme Moguls also presents a metaverse world called Moguls Land where activities like mining, trading missions, head-to-head competitions and staking happen, allowing users to earn daily rewards.
In Meme Moguls, users can also earn various NFTs and meme-based assets like Dogecoin and Pepe as rewards. The NFTs can be claimed and sold on OpenSea while players can also make money off other in-game items. Asides from being positioned among the best cryptocurrencies to invest in, the $MGLS token also serves as a transactional token and an in-game currency to purchase game items.
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