The February bull run has been extremely profitable for the DeFi market. Projects like The Graph and Sei have seen strong returns, while Meme Moguls has passed its $2.4 million milestone. Now, as we move into March, The Graph, Sei, and Meme Moguls could offer additional returns for bullish investors.
The Graph Surges 43% In 1 Week
After several consecutive price increases, The Graph is up by 43% over the last week. This has created a bullish sentiment around the project, and The Graph’s daily trading volume increased to over $600 million.
According to CoinMarketCap, The Graph is now trading at $0.2494, decreasing 4% from $0.27 in the last 24 hours. As the project continues to gain momentum, bullish experts predict that The Graph could hit $0.50 by the end of Q1.
This bullish target would rely on general market trends, during which Bitcoin would have to pass $55k. That said, The Graph continues to soar. Should the project gain additional momentum, it could pass its current resistance level and hit an annual high.
Sei Launches Second Devnet Upgrade
Sei launched its second Devnet upgrade on February 13. The upgrade lets developers deploy Ethereum Virtual Machine (EVM) compatible code on the Sei blockchain and has significant implications for the altcoin’s future.
Since its release, Sei’s price has increased by 22.6%, and Sei’s daily trading volume has passed $500 million. Though its volume has since declined, investors remain bullish about the project.
Presently, Sei is trading at $0.921 and has a daily trading volume of $376 million. According to market experts, Sei could pass $1 in March, though it has previously met strong resistance. As a result, some experts fear that Sei could drop to $0.61 if the overall market growth slows. Therefore, some investors are cautious about buying Sei and have chosen to postpone their purchase.
Meme Moguls Raises $2.4 Million
Meme Moguls has hit another milestone in its highly successful presale. The presale, which will end on February 28, has already offered early investors returns of 90%. Now, as the project prepares to launch on Uniswap and several exchanges, experts believe that Meme Moguls could soar.
In just a few months, Meme Moguls attracted thousands of investors to its unique ecosystem. This ecosystem will be available for investors to see firsthand over the next few weeks, with the developers launching a game preview. Here, they’ll gain a sneak peek into the game’s virtual stock market, different game modes, and more.
On March 11, Meme Moguls will launch the first test phase of its official release. Investors will have the opportunity to jump right into the action and start ranking on the game’s leaderboard. After its launch, experts believe that Meme Moguls utility token, $MGLS, will hit several new all-time highs.
$MGLS tokens can be purchased for $0.0036. Though they’ve already increased by 90%, experts predict that Meme Moguls’ tokens could hit $0.19 in 2024. Such returns would push Meme Moguls into the world’s top 100 cryptocurrencies and offer 100x returns for early investors.
For more information about the Meme Moguls (MGLS) Presale:
