HomeNewsInjective Experiences Surge Post Latest Burn Auction; Meme Moguls (MGLS) and Chiliz...

Injective Experiences Surge Post Latest Burn Auction; Meme Moguls (MGLS) and Chiliz Catch the Eye of Crypto Whales

- Advertisement -

Injective is up 8% in the last week following a short bear run. Its value has remained stable following its latest burn auction, which has made Injective an extremely popular investment. Meanwhile, Meme Moguls and Chiliz have caught the attention of crypto whales following several new announcements. 

Chiliz Set To Surge Following Ramper Partnership

Chiliz recently signed a new partnership with Ramper, a DeFi wallet that lets investors access their cryptocurrency with their social media login. This collaboration could have long-lasting opportunities for Chiliz developers and communities and also makes Chiliz tokens easily accessible. 

This announcement has been extremely popular throughout the Chiliz community. Over the last 30 days, Chiliz has increased in value by 13.74%, outperforming many of the market’s top altcoins. Furthermore, Chiliz’s daily trading volume is up 26% to $87 million. If Chiliz can capitalize on this new partnership, it could become one of the best-performing cryptocurrencies of Q1. 

Injective Support Remains Strong At $30

Injective (INJ) has experienced a strong bull trend for the last several months. After its burn auction in Q4, Injective hit an all-time high of $45.19 in January. Since its all-time high, Injective has fallen by 24%, and its overall trading activity has also declined. 

Injective is currently trading at $33.7 and increased in value by 8% over the last week. However, despite this increase, Injective’s daily trading volume has plummeted to just $129 million. This suggests that investors may be losing confidence in the project, which is still relatively new compared to its competitors. 

To maintain its current growth rate, Injective will need to launch several new developments over the next few months. This will help Injective consolidate its position as a top cryptocurrency and give investors the confidence they need to hold Injective as a long-term investment. 

Meme Moguls Prepares For March Launch  

Meme Moguls is on track to replicate Injective’s growth. The project has already seen returns of 90% during its presale and is now preparing for 100x returns once the project is listed on Uniswap. 

Meme Moguls has outperformed other presales with its unique new P2E platform. The project gives players the opportunity to invest virtual currency in a meme-based stock market. This market is designed to teach players how to invest in an exciting, unique, and fun ecosystem. 

Within its ecosystem, players will be able to customize their avatars, join tournaments, and engage with a bustling community of like-minded individuals. Furthermore, they can win cash prizes through events and ranking in the game’s leaderboard. 

Meme Moguls has raised almost $2 million during its presale, which will end on February 28th. This monumental milestone is expected to trigger several price increases. This news has caught the attention of crypto whales, who are buying $MGLS at $0.0036.

As Meme Moguls enters the 6th stage of its presale, tokens will increase to $0.0042, and there will be just one round remaining for presale prizes. As a result, investors need to act fast if they want to take advantage of one of DeFi’s fastest-growing new altcoins. 

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

Visit Meme Moguls | Join the Community

ETHNews: This publication is sponsored. 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 conduct their own research before taking any actions related to the company. 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 in the press release.
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.
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