2023-11-23 21:05 |
$0.62 is the next price target for Cardano. By the end of Q1, 2024, $1.15 will be the value of Polygon. Meme Moguls is projected to climb 100x and rival both other altcoins.
Cardano (ADA) has experienced a notable upswing of 56% in its value during the past month. Its network activity is massive, as over 200K active users utilize the network daily.
Polygon (MATIC)’s value saw a notable upswing after breaking above the $0.65 resistance point, and it can break new grounds in Q1, 2024. A major rival that’s just entering the market is Meme Moguls (MGLS), which can take a significant portion of the market share of both projects.
Cardano (ADA) could surge to $0.62 at the start of next yearBased on an on-chart analysis by Santiment, Cardano (ADA) peaked in June of 2023, when the network reached 427,000 active addresses. As of November of the year, this number has dropped to 212,000, which is still an impressive amount of daily users taking advantage of the Cardano network.
As a result, the crypto experienced an upswing in its value, which has mirrored this resurgence in network activity. This Cardano price data suggests that it could soon initiate a rally. The Cardano price saw an upswing from $0.322041 to $0.386307 during the previous seven days. Its market cap is at $13,439,383,911, which has positioned it as the world’s 9th largest cryptocurrency. According to the Cardano price prediction, analysts project a climb of $0.62 can occur by the start of Q1 2024.
Polygon (MATIC) expected to hit $1.15 by Q1 2024Polygon (MATIC) recently moved above the resistance level at $0.65 and gained attention. First, there was a move in the $0.75 resistance followed by an upswing near the $0.85 level. There is also a key bullish trend line forming with support at $0.81 on the MATIC/USD pair on the chart.
The next major resistance point for the Polygon price is at $0.88. If the crypto fails to rise above this level, it could initiate a price correction and immediately slide under $0.80. The Polygon price jumped a total of 60.8% in the past month, leading many analysts to project future growth.
Alongside that, the Polygon market cap is currently at $7,561,347,210, whilst its 24-hour trading volume is in the $558,144,295 range. According to the Polygon price prediction, it can spike to $1.15 by Q1 2024.
Meme Moguls introducing game-changing utilitiesMeme Moguls is an upcoming project that can become a major player in the industry by making meme coin investments far more appealing to users globally. It will feature a vast ecosystem that will bring meme enthusiasts closer together whilst also enabling them to earn in the process.
In this game-changing ecosystem, players will find a Fantasy Meme trading Play-to-Earn (P2E) experience, where they can build their portfolio and learn from experts. Upon reaching the Mongul Status, they can achieve the most significant gains in value.
There will be dedicated NFTs and a marketplace, which will represent rare items and materials connected to real-world assets. Alongside this, There will be a $10,000 giveaway at the end of each presale for a user that’s the most active on X, formerly Twitter.
MGLS is the native crypto of the ecosystem, which can be staked in the pools for passive income. During the Beta presale stage, it’s offered at just $0.001. After the presale, the token can jump by 100x based on current projections.
For more information about Meme Moguls, visit the Meme Moguls Website.
The post Meme Moguls to unleash game-changing utilities in Q1 2024 to rival Polygon and Cardano appeared first on CoinJournal.
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