Polkadot (DOT) and Chainlink (LINK) are currently at an upward trending pattern that could see them surge. This upcoming rally could influence the performance of other altcoins as well.
Recently, Meme Moguls (MGLS) saw the most significant level of attention as its presale momentum has been massive. We will be taking an in-depth look at the on-chart data surrounding each one of these cryptocurrencies to determine just how far they can rise. We will also determine which is the best cryptocurrency to buy today.
Polkadot (DOT) Continually Increases – Price to Reach $13.14
Polkadot’s (DOT) technical chart illustrates that crypto has been continually rising since the start of November of 2023. The price has headed higher, but has not managed to break past the $10 price barrier. The Polkadot price has been trading at an average value of $8, as during the past week, it moved from $7.48 to $8.76.
The Polkadot crypto can surge again to test the presence of sellers near the round $10 range. If the buyers can counter sellers near this resistance, the price could once again initiate an upward trajectory. According to the most recent Polkadot price prediction, it can climb as high as $13.14 by the end of 2024.
Meme Moguls (MGLS) Will Feature Play-to-Earn (P2E) Elements
Meme Moguls (MGLS) is an upcoming Play-to-Earn (P2E) ecosystem. Throughout its platform, anyone will gain the opportunity to start engaging in simulated trading. They will be able to access viral memes and iconic internet moments, whilst also improving their trading strategies.
It will be powered by the MGLS token. Players can access exclusive features and even influence the network’s decision-making process with its decentralized governance model with this cryptocurrency.
The platform will be community-driven, as there are also staking pools with which players can engage.
They can stake their balance and, by doing so, can access an annual return percentage. The ecosystem will have a dedicated Moguls Casino.
Anyone can use their meme-based assets and MGLS balance to engage in a variety of different gameplay elements.
Moguls Land will also be included and is a dedicated Metaverse where players can connect, mine tokens, and engage in other activities. Community members can set up tournaments and create price pool buy-ins. MGLS is now seen as the best cryptocurrency to buy today.
Chainlink (LINK) Remains Bullish – Can It Exceed $24?
Chainlink (LINK) has remained bullish in January of 2024, as it has sustained a value above the $14 support level. The crypto increased in value by 150% during the past year, and now buyers are attempting to break out of $17. If this is a success, the Chainlink crypto could initiate a rally that could trigger a price breakout.
This could result in new swing heights, and the Chainlink price could surge. The chart pattern for the crypto is mildly bullish and suggests that a sharp rise could be visible soon. A short-term downfall could get easily absorbed at the support. The bulls are now attempting to break above the major price barrier. According to the Chainlink price prediction, it can rise to $24.83 by the end of the year.
Summary
Polkadot and Chainlink are solid performers, but the blockchain ICO of Meme Moguls has been the most impressive.
It recently moved to Stage 4 of the presale. At this time, MGLS is offered at $0.0027. At launch, it can surge by 3,500%, making it one of the most exciting recent projects in DeFi.
For more information about the Meme Moguls (MGLS) presale follow the link below:
Website: https://mememoguls.com/
