Although the crypto market faced a decline in January, experts remain optimistic about Gnosis, Kusama, and Meme Moguls. These exciting altcoins could see significant gains throughout 2024, offering great returns for bullish investors. Here’s why.
Could Meme Moguls Unite Investors And Gamers?
Meme Moguls has become one of the most exciting new DeFi projects. Its unique game concept, combined with its innovative ecosystem, has made Meme Moguls an extremely popular presale. The project has already raised $2.2 million, and its native token $MGLS has increased in value by 90%.
The Meme Moguls presale will end on February 28. After this date, presale buy bonuses and presale rewards will come to an end, and as a result, hundreds of investors are buying tokens to capitalize on the bonus and maximize their profits when $MGLS is listed.
Over the next week, Meme Moguls will launch a game preview. During this preview, investors will be able to see the game’s features, including its virtual stock market, which is designed to help gamers and inventors collaborate in one unique ecosystem.
After its presale, Meme Moguls will initially be listed on Uniswap, and the project’s developers plan to announce several other exchanges over the next few weeks. On its listing day, experts predict that Meme Moguls will experience significant price surges, which are expected to be followed by several increases once Meme Moguls enters phase 1 of its game launch on March 11.
Investors can get involved in the Meme Moguls presale by purchasing $MGLS tokens via the project’s website. Tokens are currently selling at $0.0036, and are expected to increase 100x by the end of the year as the Meme Moguls game attracts new players and expands its player base.
Kusama Rallies In February
After a price crash halfway through January, Kusama has started to recover. Over the last seven days, its value has increased by 7.75%, triggering an influx in Kusama’s daily trading activity. In the last 24 hours alone, Kusama’s daily trading volume is up 59% and has passed $26 million.
Kusama is now trading at $41.72 and could pass $42 over the next few days. Experts predict that Kusama could increase to $45 by the end of February, though some suggest that the altcoin could experience a new resistance level.
Nonetheless, given its current performance, Kusama could be a strong-performing altcoin over the next few months, which has made it a popular investment among altcoin enthusiasts.
Gnosis Moves Up Ethereum Rankings
Gnosis is a DAO created on the Ethereum network. After hitting an all-time high in 2021, Gnosis has fallen under the radar and is down 77.45% from its highs. However, Gnosis has started to rebuild its momentum over the last month.
The price of Gnosis is up by 30%, and the project has increased an additional 14.8% over the last seven days, taking its price to $246. This has attracted an influx of new investors and pushed Gnosis’ daily trading volume above $8 million.
Following its recent growth, Gnosis has moved up the Ethereum rankings and is now ranked the 12 largest Ethereum project. This is a sentiment to the project’s growth and suggests that Gnosis may be a highly undervalued altcoin.
For more information about the Meme Moguls (MGLS) Presale: