-AD-
HomeUncategorizedCrypto Whales Show Confidence in Meme Moguls (MGLS), Dogecoin (DOGE), and Ethereum...

Crypto Whales Show Confidence in Meme Moguls (MGLS), Dogecoin (DOGE), and Ethereum (ETH)

- Advertisement -

The year is almost at a close, with the next crypto rally underway. Whale investors are currently on an accumulation spree, stacking up the best altcoins that could give massive gains. Three altcoins that are on their list include Meme Moguls, Dogecoin, and Ethereum. Let’s see why

>> Can You Predict The Next 1000x Meme Coin? Become A Meme Mogul Today <<

 

Dogecoin (DOGE) Witness Two Whale Transactions 

On December 6th, the Dogecoin (DOGE) network witnessed notable activity through two major transactions. Firstly, 64.7 million DOGE, approximately $6.2 million, was transferred from an undisclosed wallet to the cryptocurrency exchange Coinbase. 

In a parallel move, another transfer of 72.6 million DOGE, valued at around $7.1 million, was made from Robinhood to an unknown wallet. These transfers signify that whales are still expecting the price of Dogecoin to increase.

Crypto analyst Captain Faibik have suggested that an “epic pump” for Dogecoin may be on the horizon. He predicted a  900% surge to $0.7 in the first half of 2024. According to CoinMarketCap, the price of Dogecoin has been trading between $0.081526071537 and $0.104372 in the last week.

Ethereum (ETH) Bulls Gearing For $3,400

Over the past two months, the Ethereum price has been on a consistent upward trajectory. This upward trend is clearly reflected in the weekly chart, with the MACD histogram showing bullish growth.

The Ethereum coin appears to be targeting the next Fibonacci (Fib) levels, which are approximately in the range of $2,400 to $2,600. However, the leading altcoin could face resistance at this level, which could lead to a corrective phase.

Nevertheless, if the Ethereum coin manages to surpass this resistance, it could reach the golden ratio level at $3,400. Ethereum price is currently sliding between the $2,027.92 and $2,297.76 mark with 10.1% gain on the weekly timeframe.

Meme Moguls (MGLS) Introduces Trading Tournaments and Competitions 

Meme Moguls (MGLS) is a cryptocurrency with a dual identity as both a play-to-earn token and a memecoin. Notably, $MGLS offers more practical utility than many other memecoins in the meme industry. The project is poised to follow a price trajectory similar to Dogecoin’s. It aims to secure a position among the top 5 cryptocurrency  in the crypto sector.

Meme Moguls‘ gaming platform is designed to educate users about investing and wealth accumulation. This innovative project provides a platform for simulated investing and enables users to partake in competitive scenarios. Participants will learn about financial strategies and discover new opportunities. 

Each player starts the competition with a $100,000 virtual cash amount to build their investing portfolio. They can convert their simulated winnings into withdrawable coins if they complete challenges. To encourage diversification, participants are limited to contribute no more than 20% of their virtual currency portfolio to a single investment. 

On the Meme Moguls platform, community members and friends may also create tournaments and compete in simulated investing competitions. These tournaments might provide entertainment or award prizes to players. It could also be an opportunity to donate to prize pools and buy-ins for a competitive experience.

Overall, Meme Moguls emerges as one of the top 5 cryptocurrency to monitor closely. Its innovative approach to gaming, investing, and community engagement positions it as a premier choice in the cryptocurrency landscape.

Conclusion

Apart from Dogecoin and Ethereum, another token on whales list is Meme Moguls. The MGLS tokens are presently priced at $0.0021 per token. As per market analysts, MGLS would pump 1,000% in the coming months. This positions it as one of the best altcoins to consider for future gains.

For more information about the Meme Moguls (MGLS) presale:

Website: https://mememoguls.com/

Buy presale: https://app.mememoguls.com/sign-up 

Twitter: https://twitter.com/meme_moguls

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
John Kiguru
John Kiguru
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@ethnews.com Phone: +49 160 92211628
RELATED ARTICLES

LATEST ARTICLES