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The post Mantle (MNT) vs Ripple (XRP) – Why Do Holders Prefer Meme Moguls (MGLS)? appeared first on Coinpedia Fintech News
The Ripple (XRP) crypto remains bullish for the short term alongside the long term. The on-chart data suggests that buyers are active near the demand zone, and as a result, it might showcase a decent bounce. This will occur even even though XRP faced rejection from the $0.7 level, retracing back to the 50-day EMA. Mantle (MNT) is a Layer-2 technology stack intended to improve Ethereum’s scalability, which recently saw an upswing in value as well. Despite both of these altcoins performing well, Meme Moguls (MGLS) is an upcoming project that’s already getting significant attention with its crypto ICO.
Today, we will go over each project to see how far they can rise, and to uncover the best cryptocurrency to invest in.
Mantle (MNT) Exhibits Bullish Signals – Is $1 a Possibility?
Mantle (MNT) is revealing bullish signals and has the capacity to climb even further. It recorded solid returns during the past month, as on-chart data suggests that the Mantle crypto saw an upswing of 30%.
The Mantle crypto has been in an uptrend and has revealed a sign of a turnaround as its price has taken a pause at a crucial level of $0.65 on the charts. The MNT now needs to break past the $0.70 price barrier in order to reach new heights. For the time being, MNT has a market cap of $1,862,281,179, making it the 44th largest crypto. According to the Mantle price prediction, it can reach $1.08 in 2024.
Ripple (XRP) to Surge to $22.50 According to EGRAG CRYPTO
Ripple (XRP) has seen a rejection at the $0.7 level, yet it retraced back to the 50-day EMA. The presence of sellers is visible; however, if bears succeed, it might trigger a negative sentiment, and the price might decline in a short period. The Ripple 200-day EMA is acting as a strong support for the Ripple bulls.
EGRAG CRYPTO, a notable analyst in the industry, outlined two scenarios: the Bull ROute with XRP rising to over $1.20 and reaching an all-time high of $5.50 by late 2024, making this a bullish Ripple price prediction, or the Green Route. This route will result in Ripple reaching $0.50 in the short term, following a surge to $22.50 by the middle of 2024.
Meme Moguls (MGLS) Preferred by Holders for High-ROI Opportunities
Meme Moguls (MGLS) is an upcoming P2E platform that will bring new earning opportunities to the meme coin sector and feature various ways through which anyone can get passive income. First, there is its virtual experience, where players start with $100,000 in virtual cash and can improve their trading strategies.
They can engage in leaderboards, and by climbing higher, they can reach Moguls status, which will provide them with additional benefits. Second, for anyone to be able to get more MGLS, they will need to contribute their balance in the Meme Moguls staking pool. This way, they can get fixed passive income opportunities. Anyone can also stake MGLS in the pools or engage in multi-asset staking that supports additional cryptocurrencies.
Aside from all of this, there will be a $20,000 giveaway during the Christmas Special Event. Each participant can then just enter Zelay, make daily submissions, and keep track of their submissions by checking regular updates. Then, all that’s left for them to do is to make original tweets, retweet, and comment, and use the #MemeMogulsGiveaway hashtag in their tweets.
Summary
While Mantle and Ripple need some time to reach new heights, Meme Moguls is already making significant waves among Web3 circles as its value is heading in an upward momentum. The MGLS crypto reached Stage 3 of its presale, sparking significant interest in its cryptocurrency ICO. During this stage, it’s offered at $0.023 but can surge by 2,500% at launch following its listing on major Tier-1 exchanges.