A major crypto analyst with over 700,000 followers recently issued an optimistic outlook for the future of Ethereum (ETH), which could lead to a significant price rise in the coming months.
Fueled by Ethereum ETFs expected to arrive next year, if approved this could propel the crypto to astronomical levels. Despite this, Meme Moguls (MGLS) also attracted considerable attention thanks to its presale performance. Today we will look at these two projects to see which is the best crypto to invest in.
Meme Moguls (MGLS) to experience major rally after launch
Meme Moguls (MGLS) will launch an innovative Play-to-Earn (P2E) platform that will change the way users access gaming experiences as it is blended with the real-world economy.
Users can immerse themselves in different games and competitions to climb the leaderboards and win more. The project is an ongoing blockchain ICO and has already attracted considerable attention.
Moguls World is the dedicated metaverse available in the ecosystem. In it, players can mine tokens and even join liquidity pools.
Each player can start with $100,000 in virtual currency and create a portfolio to complete challenges and turn their profits into real cashable returns. Community members can also organize tournaments on the platform and become eligible for rewards based on their pool share and annual yield percentage.
MGLS is the native crypto behind the project, and it is used as an in-game currency and governance token that adds tangible value to the ecosystem. The project will allow users to participate in virtual stock trading games.
In Stage 3, MGLS is priced at $0.0025 and, fueled by the broad utility of the ecosystem, analysts predict a 100x increase upon launch and listing on major Tier 1 exchanges .
Ethereum (ETH) to Reach Over $4,000 in 2024 After ETF Approval
Ethereum (ETH) is rising, and it’s driven by a catalyst that usually takes a backseat to the market narrative established by Bitcoin. A pseudonymous analyst Popular Pentoshi shared his thoughts on X (Twitter), highlighting the potential approval of Ethereum ETFs in the next 12 months. According to the analyst, this could increase the value of the ETH crypto by more than 50%.
Over the past week, the value of ETH has increased from $2,143 to $2,335. This represents a total weekly increase of 7.4% and an annual increase of 87.8%. According to Ethereum price predictions, it could rise as high as $4,031.01 in 2024.
Pentoshi’s optimism also resonates with various analysts, including Michael van de Poppewhich predicts a promising 12 months for the crypto ETH.
Summary
While Ethereum is bullish, another crypto is getting a lot of attention. Meme Moguls’ blockchain ICO was a major point of attraction.
With its unique blend of meme-inspired assets, P2E gaming, and real-world economics, it can help traders improve their strategies and monetize their time in the process. All these aspects make it the best crypto to invest in today.
Learn more about $MGLS here:
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Disclaimer: This article is promotional content and does not constitute investment advice. Do your own research and only invest money you can afford to lose.