Despite the slowing crypto bull run, major cryptocurrencies continue to see gains. Solana, for instance, has risen by 21% in the past week, and other altcoins have stabilized following a recent correction. Analysts predict that Solana could reach $100 by the end of 2024. Meanwhile, a new cryptocurrency, Meme Moguls, is promising substantial returns of over 50x and has already sold out in the first phase of its presale.
Solana’s Remarkable 785% Annual Growth
Solana’s (SOL) bull run has led to a new annual high. After an 11.25% rally, Solana is now trading at $105.98. Its value has surged by over 785% in the past year, making it one of 2023’s most promising cryptocurrencies.
However, a recent large-scale transfer of 582,198 SOL (worth over $50 million) suggests potential bearish movements. The reason behind this transaction is unclear, but some analysts speculate that the investor may be diversifying their portfolio or conducting an over-the-counter (OTC) transaction.
Meme Moguls: Potential for 50x Returns in 2024
Meme Moguls is gaining significant traction during its presale, having sold out its first round in less than two weeks. The project is making waves in the market, with analysts predicting it could offer 50x returns.
Meme Moguls combines two popular DeFi market niches: play-to-earn gaming and memes. It introduces the world’s first meme stock market, where users can trade memes like stocks. This innovative game also allows users to learn trading strategies in a virtual stock market, interact with others, and more.
Competition is a key element in the Meme Moguls ecosystem. Users can enter free tournaments to compete with others to make the most profit. As they gain experience, they can participate in paid tournaments and winner-takes-all events. Users will also be ranked on a wealth leaderboard, with the top 20 most profitable users winning a prize.
During its presale, Meme Moguls will offer a $10,000 prize at each presale stage, and token holders will receive several rewards once Meme Moguls launches.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Twitter: https://twitter.com/meme_moguls
