Cardano (ADA) is undergoing a bullish run as its value increased 56% in December, getting the attention of major crypto analysts. Polygon (MATIC) is also heading in a green direction and could soon rise even further.
However, Meme Moguls (MGLS) also attracts attention as the project promises can completely change how traders engage with meme-inspired assets.
Cardano (ADA) Projected to Spike in Value According to Dan Gambardello
Cardano (ADA) saw a major upswing of 56% in the past month and a total increase of 135% in the past year. Crypto analyst Dan Gambardello has pointed out some key technical indicators that are indicative of the crypto’s future price rally.
The analyst noted how Cardano is now pounding on the bull market doors, implying that a rally could occur soon.
The bull market doors seen in Bitcoin charts are Fibonacci Retracement levels marked by a bull market high and a bear market low, and this has left a defined retracement area.
During the past week, Cardano traded between $0.556665 and $0.645096. Its market cap is at $21,302,049,412, making it the 8th largest crypto.
What About Meme Moguls (MGLS)?
Meme Moguls (MGLS) is an upcoming platform that promises to introduce a P2E ecosystem in which players can learn how to invest and build wealth. Each player can access a starting balance of $100,000 that they receive in virtual currency (play money).
Then, they can compete against friends or other people in virtual stock market trading. In the process, they learn different trading strategies and can discover different opportunities.
Every player can complete missions and challenges to earn valuable meme assets and rewards. Then, they can buy, sell, or trade NFT characters that enhance trading capabilities and improve trading conditions.
To get more of the MGLS altcoin, players can contribute their existing tokens to the Meme Moguls staking pool. By doing so, they become eligible for rewards based on the share of the pool and the percentage of the annual return.
The more tokens a player stakes, the more potential earnings they can get. There is even a Moguls World, which is the Metaverse, where users can connect, mine tokens, and join liquidity pools, making MGLS the best crypto to invest in now.
Polygon (MATIC) to Surge According to Ali Martinez
Polygon (MATIC) is also set for an impressive run following its most recent bullish price performance. Through a post on X (Twitter), crypto analyst Ali Martinez noted that Polygon whale activity spiked, citing data from Santiment.
According to the analyst, the surge suggested that Polygon could be on the brink of yet another major price move in a bullish direction. During the past week, MATIC moved in value from a low point of $0.758890 to a maximum value of $0.881565.
Cardano could soon spike even further, and Polygon might be heading in an upward direction, according to analysts. Yet, Meme Moguls is also getting attention.
During Stage 3 of the presale, the MGLS altcoin is offered at $0.0025.
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