2024 was an eventful year for cryptocurrency. The first Bitcoin ETF application has been approved, the market has entered a short-term correction, and now experts predict the market is preparing for a rebound. As the Bitcoin halving event progresses, new projects like Meme Moguls could experience significant price surges, while Bitcoin could surpass $50,000, with some experts suggesting that BTC could hit a new all-time high.
Will Bitcoin Rebound in 2024?
According to cryptocurrency analysts, Bitcoin has entered a pre-bull market cycle. This cycle previously occurred from 2015 to 2017, when Bitcoin surpassed $19,000. Bitcoin’s current $40,000 consolidation is very similar to its 2017 trend, according to a report conducted by Delphi Digital. As a result, experts predict that Bitcoin could hit a new all-time high in 2024.
With inflation rising and confidence in fiat currencies declining, Bitcoin’s 2024 rally could be unlike anything the market has seen before.
Compared to 2015-2017, the S&P 500 is showing a similar trend to before Bitcoin’s first surge, which raised a lot of expectations about Bitcoin’s performance.
Given that the ETF has been approved and the Bitcoin halving is only two months away, experts are extremely bullish on Bitcoin. At the time of writing, BTC is trading at $44,710, an increase of 1.63% over the past month.
Bitcoin’s daily trading volume has also surged several times this month, rising 48% to $24.76 billion in the last 24 hours. Supporting the view that investors are bracing for a Bitcoin surge.
Will Meme Moguls Follow Bitcoin’s Surge?
The potential for a Bitcoin rally is good news for Meme Moguls. On February 28th the Meme Moguls pre-sale ends and $MGLS launches on Uniswap. This is perfect timing as investors are preparing for the highly anticipated Bitcoin halving. As a result, investor activity will increase and Meme Moguls will attract much more attention than initially expected.
Ahead of launch, Meme Moguls developers will be presenting a preview of the game, during which investors will be able to check out various aspects of the Meme Moguls game for themselves. The event showcases different game modes, customization options, and game features such as Meme Moguls leaderboards.
Meme Moguls uses the $MGLS token across its ecosystem. $MGLS has increased 90% in value since the start of the Meme Moguls pre-sale and is expected to reach $0.19 within the next year.
Currently, Meme Moguls’ tokens are offered for $0.0036 during Phase 5 of the project’s pre-sale. The token could rise to $0.0042 before the pre-sale ends, and is expected to skyrocket thereafter.
Meme Moguls plans to begin the first phase of the game’s release on March 11th. After launch, the price of the $MGLS token is expected to rise significantly after seeing several upward movements following the launch of $MGLS on Uniswap.
Considering its potential and perfect launch timing, Meme Moguls could become one of the best-performing cryptocurrencies of 2024. As a result, investors are flocking to pre-sales to take advantage of the 30% purchase bonus, which expires on February 28th. .
For more information about the Meme Moguls (MGLS) pre-sale, see:
Visit Meme Moguls | JOIN THE COMMUNITY