In the current meme coin market, the hottest topic is Meme Moguls (MGLS) and its stellar presale performance. This Stage 5 presale star has already obtained close to $2.5M while also being pegged as the next 100x meme coin in 2024. Meanwhile, Polygon (MATIC) and Render Token (RNDR) also show noteworthy growth. Let’s explore why.
Polygon Price Hits $1 Again
Recently, Polygon (MATIC) has been experiencing tremendous gains. According to CoinMarketCap data, the Polygon price has surged from $0.82 to $1.01 in the past week alone. This is a major development as the $1 level has not been breached since early December. Not only that, its market cap has increased from $7.90B to $9.70B during that time.
The technical analysis for this altcoin also shows a bullish picture. For instance, Polygon now has over 28 technical indicators showing green. Because of this, market analysts have made a bullish Polygon price prediction. They forecast a surge to $1.30 within Q2 of 2024 for Polygon.
Render Token Price Still Rallying
Meanwhile, Render Token (RNDR) has also climbed up the top gainers list. When looking at the CoinMarketCap data, we can see that the Render Token price has increased from $4.53 to $6.32 on the seven-day chart. In that time, its market cap also surged from $1.70B to $2.39B.
From a technical analysis viewpoint, this bullish trend may continue for the Render Token. For instance, 25 technical indicators are showing green for this altcoin. Additionally, 25 technical indicators are flashing green for the Render Token. Thus, market analysts have made a bullish Render Token price prediction – $7.05 within Q2 of 2024.
Meme Moguls (MGLS): A Future Member of the Top Meme Coins
Meme Moguls’ (MGLS) ongoing presale is turning out to be a hit – raising close to $2.5M so far. It is now in Stage 5 of its presale and is offering a 30% deposit bonus which has caught a lot of interest.
With so many meme coins floating around in the market, it becomes hard to differentiate one from another, but MGLS stands out. It provides utility as both a governance token and an in-game currency for their upcoming game.
The game itself is quite interesting. To clarify, gamers will go through an experience where they learn about wealth-building and investments. The ultimate goal is to go up the ranks on the Meme Moguls Wealth Leaderboard. If you manage to reach the top 20 then you will be rewarded with a share of the cash pool which uses a fraction of Meme Moguls’s daily revenue.
The MGLS native token is currently priced at just $0.0036 during Stage 5 of its presale. This is a 90% rise from its starting price. So once it hits exchanges in Q1 2024 industry experts anticipate roughly a 100x surge. As February 28 approaches and the end of the presale, now might be your best chance at getting your hands on this meme coin before it skyrockets.
Will Meme Moguls Outpace Polygon and Render Token?
With a small market cap of $10.8M, Meme Moguls could shoot faster than Polygon and Render Token. In other words, MGLS will require far less fresh money to do so. A smaller market cap suggests Meme Moguls is likely more nimble in the crypto space, able to get attention and rise faster than its peers. This makes MGLS one of the best meme coins to buy.
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