Celestia experienced a strong end to January, hitting monthly highs of over $18. However, the altcoin’s growth is now slowing, causing Celestia’s trading activity to decline. Quant is also following this bearish trend, and its price has decreased over the last 30 days. Nonetheless, Meme Moguls is defying market trends and is now on track to hit a new all-time high before its launch at the end of February.
Celestia Growth Slows In February
Celestia was one of the best-performing cryptocurrencies in January. Its value soared while many competitors faced steep corrections. However, Celestia’s growth has slowed. Over the last seven days, Celestia is down by 5.84%, and its daily trading activity has fallen by 17% in the last 24 hours.
Celestia is now trading at $17.19 and has a daily trading volume of $127 million. Though analysts believe that Celestia will recover, the project has faced public criticism. In a recent post, Omid Malekan, a professor at Columbia Business School, outlined that Celestia’s structure makes it prone to insider trading.
Since his post, Celestia has faced slight growth, though its overall decline can be attributed to wider market trends.
Quant Continues To Decline Despite Bullish Predictions
Following its recent price decline, investors believed that Quant was on the verge of a breakout. However, Quant’s price has continued to fall. Over the last seven days, Quant has decreased in value by 4.38%, taking Quant’s monthly decline to 13%. This consistent negative performance has knocked investor confidence, and now Quant’s daily trading volume is also falling.
Over the last 24 hours, Quant’s trading volume has decreased by 13.89% to $13.4 million. Quant has now dropped out of the top 200 ranked cryptocurrencies by trading volume, suggesting that it could face further declines due to falling investor trust.
Meme Moguls Gains Momentum Amid March Launch Date
The Meme Moguls presale is soaring despite memecoins like Celestia and Quant facing price corrections. This unique new presale is now preparing for its release, with investors being invited to the first game preview over the next week.
This preview will give investors insights into many of the game’s features and will let developers smooth over any final adjustments before Meme Moguls enters phase 1 of its launch in March. This highly anticipated event has taken the Meme Moguls presale to new highs, with over $200,000 raised since its announcement.
Meme Moguls is a highly anticipated P2E platform that combines investing with memes. It will launch a meme-based stock market, where investors will be able to buy, trade, and profit from a plethora of meme assets.
During its presale, Meme Moguls has already raised over $2 million, and its audience is growing faster by the day. Within the next two weeks, experts predict that phase 5 of the Meme Moguls presale will sell out, after which Meme Moguls will hit a new all-time high of $0.0042.
Meme Moguls will initially be listed on Uniswap, though developers are in talks with several exchanges. As the project gains widespread attraction, experts predict that Meme Moguls will surge at least 100x within a year, putting $MGLS in extremely high demand.
For more information about the Meme Moguls (MGLS) Presale: