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The post 3 Tokens Under $1 Expected to Grow 10x: Cardano, Ripple, Meme Moguls appeared first on Coinpedia Fintech News
In the current bullish crypto market, investors are actively seeking tokens that offer high yields. While there are several options with potential for significant returns, Cardano, Ripple, and Meme Moguls emerge as standout choices, projected to achieve a minimum of 10x returns in the near future. However, mere projections are not enough to make them truly exceptional. So what sets them apart? Let’s find out.
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Cardano (ADA) Doubled it Price in Less than a Month, Aims for the $1 Threshold
Cardano has been in the spotlight for far longer than expected, and the bullish momentum is becoming the crypto asset’s norm. It is currently priced at $0.65, an increase of more than 100% from its previous price of $0.32. With more than 100% increase in the space of a month, Cardano is aiming for the $1 mark, which may just be around the corner.
For more context, Cardano price has gained approximately 14.6% in the last 24 hours and more than 50% in the last seven days as of the time of writing. If anything, this continuous bullish momentum indicates growing investor interest, and if the cryptocurrency does not fall below expectations, we could see the coin cross the $1 threshold in the coming weeks.
Ripple (XRP) Maintains Bullish Momentum; Is a 10x Yield Possible?
XRP has been on a roller coaster ride this year, reaching a high of $0.80 in July before falling back to $0.48. It has since picked up again, riding on the bullish trajectory of the cryptocurrency market. Ripple, which is currently priced at $0.63, has seen a dramatic uptick in recent weeks, though this has recently been met by a downtrend, resulting in stalling momentum.
However, as of the time of writing, Ripple price has achieved a 5% increase in the last 24 hours, a significant boost from the past three days which were barely green. Although it appears to be struggling with bullish momentum in recent days, Ripple price is picking up again and may as well, according to market sentiments, be on its way to surpass its previously recorded peak.
Meme Meme Moguls’ Innovative Earning-Based Ecosystem Presents High Yield Investment Opportunity
Meme Moguls (MGLS) has recently received a lot of attention from the meme community. Among other things, Meme Moguls is bringing a new perspective to how people interact with memes, combining GameFi and meme elements to provide real-world use cases.
First, as a meme-backed trading platform, and second, as a play-to-earn platform, Meme Moguls offers various features, incentives, and initiatives that allow users to increase their wealth on their journey to becoming a ‘mogul,’ a native term used to address members of the Meme Moguls ecosystem.
Within the Meme Mogul ecosystem, there are several activities to explore. For one, there is a metaverse world where users can connect, mine tokens, join liquidity pools, and stake their $MGLS token for periodic returns. Notably, users can earn up to 18% fixed interest on their staked asset, and even more on other flexible yield generation programmes.
In terms of flexible yield generation programmes, there is also an in-game marketplace where users can buy valuable items to resell as well as sell other game items won, such as NFTs. That being said, the Meme Mogul project strategically aims to boost the demand for its native currency, MGLS, by simplifying the integration of NFTs into its ecosystem. This enables users to buy and sell rare NFT characters, enhancing trade convenience and profitability.
Currently, the presale stage for the MGLS token is live and running. With only 175 million tokens available, the tokens are selling quickly at a modest price of $0.0023, up from its initial offering price of 0.0019. Meanwhile, the first presale stage is already ¾ clear off its first milestone. This momentum not only portrays Meme Moguls as a promising project but also puts it among enticing options to consider when seeking the best crypto to invest in.
Furthermore, as part of its latest community-building initiative, Meme Moguls is giving away up to $20,000 in $MGLS as a special holiday bonus. To participate in this giveaway event, which is set to begin on December 15th, a prospect must be a current holder of MGLS tokens.