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The post Meme Moguls (MGLS) Token Consolidates as Chainlink (LINK) Price Holds: Potential 100x Growth? appeared first on Coinpedia Fintech News
The Meme Moguls presale is booming after developers announced the presale will end on February 28. This monumental milestone is a huge win for early investors, who are expected to win big as this unique altcoin takes the market by storm. Meanwhile, Chainlink and Monero are struggling to follow bearish market trends, with Monero being delisted from one of the world’s largest cryptocurrency exchanges.
Chainlink Growth Slows Following Whale Transactions
Over the last month, Chainlink’s price surged by 38.42%, taking the altcoin to $18.68. This sudden price rally has triggered an influx of crypto whale investors. According to data from Lookonchain, one transaction of $42 million worth of Chainlink tokens was made under the radar.
In total, 2,237,504 Chainlink (LINK) tokens have been withdrawn from Binance over the last week. This significant increase in transactions indicates that investors are confident in Chainlink, and the utility it brings to the crypto space.
However, Chainlink’s growth has halted overnight. In just 24 hours, Chainlink is down by 2.90% and its daily trading volume has crashed by 40%. Popular crypto analyst, Ali Martinez, highlighted that Chainlink has likely hit a resistance level, and could face further declines over the next week.
Monero Is Delisted From Binance
In a surprising announcement, Binance stated that the privacy coin Monero (XMR) will be delisted from the platform. As of February 20, Monero will no longer be listed. The reason behind Monero’s delisting remains unknown, though Binance has stated that it will delist assets due to poor levels of public communication, fraudulent conduct, and the project’s contribution to a healthy and sustainable crypto ecosystem.
Since being delisted Monero has crashed by 28.78% and is now trading at $116.58. This is a significant blow to the Monero ecosystem and will make it more difficult for new investors to purchase Monero in the future. On February 21, all Monero deposits and withdrawals will cease to be supported, giving investors just two weeks to withdraw their assets.
Could Meme Moguls Surge 100X Post Launch?
The highly anticipated Meme Moguls presale will launch on February 28. Initially launching on Uniswap, this unique P2E project is expected to take the market by storm, with its platform gaining thousands of users within a few weeks.
As investors eagerly await its launch, the Meme Moguls developers are giving their audience insights into what’s to come. Over the next week, investors will be able to watch the Meme Moguls game preview. This will showcase the game’s various features and different gameplay options.
In March, Meme Moguls will launch the first phase of its game’s release, allowing investors to engage with many of the game’s features. Upon launch, investors will be able to compete in tournaments, build their virtual portfolios, and connect with other players.
Investors can still get involved in the Meme Moguls presale by purchasing $MGLS tokens. $MGLS tokens are available for $0.0036 during phase 5 of the Meme Moguls presale and will increase to $0.0042 as phase 5 sells out.
Once it’s officially launched, experts have bullish predictions for Meme Moguls. Within weeks, experts believe $MGLS will experience several price rallies and could hit 100x returns within a year. This has made Meme Moguls a must-buy investment according to bullish supporters, who are doubling down on their investments before the game’s release.
For more information about the Meme Moguls (MGLS) Presale:
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