There have been numerous milestones and exciting developments recently for altcoins such as Injective (INJ) and Meme Moguls (MGLS). Notably, INJ has now reached 180,000 active addresses. Meanwhile, MGLS has announced a $10,000 mega giveaway. This announcement builds excitement for this pre-sale project, which could develop into a 100x token launch in 2024. Read on to find out why.
Infusion Protocol News
Injective (INJ) is gaining attention in the DeFi market. Recent Announcements This surpasses the impressive milestone of 180,000 active addresses. According to X’s official account, this number is expected to reach 200,000 soon.
In terms of injectable cryptocurrency price movements, there was a downward trend in December. It rose from $18.1 on December 1st to $41.82 on December 20th. Sentiment surrounding Injective Coin is also bullish, with 27 technical indicators in the green.
Because of this, experts in the field believe that Injective’s value could reach $43 by the end of December 2023. These predictions make Injective one of the best altcoins.
Meme Moguls (MGLS): $10,000 Giveaway Launches
Meme Moguls (MGLS) has launched an exciting giveaway to engage the community and celebrate its recent success. You can win $10,000 in MGLS tokens during this event. To increase your chances of winning bigger prizes, increase your participation by holding MGLS tokens and actively participating in Zealy.
This sweepstakes attracted investors from all over the world to take interest in this altcoin, which is currently worth just $0.0025. However, keep in mind that it is currently in the 3rd stage of pre-sale, and the value will increase as it progresses. Those who purchased at the initial price are now enjoying a 27% ROI. Demand is high, with millions of MGLS tokens already sold, helping Meme Moguls raise over $920,400.
This token is the native token of Meme Moguls, an innovative Play-to-Earn (P2E) game where you can learn everything you need to know about investing and building wealth. With simulated investing, you start with a virtual portfolio of $100,000. You can turn these virtual profits into prizes by completing challenges, trading missions, and competing against other traders.
MGLS tokens power all of these aspects while being used as in-game currency and governance. Due to this and high demand, prominent market analysts have predicted that the MGLS price will surge to $0.19 in 2024. If this prediction comes true, those who purchase this DeFi coin can now receive a 100x ROI.
This prediction doesn’t seem outlandish, as Shiba Inu has already delivered a 1.6 million% ROI in three years to its initial buyers (according to The Crypto Basic). Meme Moguls has the potential to dominate the meme coin market and become the leading DeFi cryptocurrency.
final thoughts
Injective is one of the best DeFi coins, but it may face challenges due to its high market capitalization of $3.5 billion. This means that a significant increase in value would require a large influx of new money. However, this is unlikely to be an issue as Meme Moguls currently has a market cap of $6.9 million. That means you only need a price tag of $6.9 million and your profits double. This gives MGLS a competitive advantage over its competitors.
Learn more about $MGLS here.
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