Solana (SOL) has recently showcased a positive price trajectory and has gained the attention of traders globally. Alongside it, Ripple (XRP) is also showcasing bullish on-chart metrics.
Yet, another crypto that is dominating the charts with its crypto ICO is Meme Moguls (MGLS), as it introduces a unique approach to virtual trading. We will go over both projects to see just how far they can rise in the upcoming months, and see why they are the best coins to invest in.
Solana (SOL) Breaks Past $110 and Grows 875% – Price to Reach $172.37 in 2024
Solana (SOL) experienced a total price upswing of 875% in the past year and by 63.5% in the past week alone.
Crypto analyst Johnny believed that Solana would hit $110 in January, and Corgil projected a price upswing of over $100 in the near future. Analyst Bluntz also highlighted that Solana broke out of a major trading range against Bitcoin, which could lead it toward outperforming the market leader.
All of this happened as the price of the SOL crypto went up from $68.40 to $116.59, indicating that it is undergoing a market rally. According to the Solana price prediction, it can reach $172.37 in 2024.
Ripple (XRP) to Surge According to Davinci Jeremie – Price to Reach Above $1 in 2024
Ripple (XRP) also experienced a notable price upswing, as its value moved up by 83.2% in the past year. During the past week, the Ripple crypto saw an upswing from $0.58 to $0.63.
Davinci Jeremie, a notable analyst recently posted a YouTube video going over how the technical aspects of XRP are pointing towards a price increase. His latest comments on altcoins show that he might be moving away from Bitcoin and likes the idea of XRP going through the roof. Now, the total XRP market cap is at $34,524,144,021, making it the 6th largest crypto. According to the Ripple price prediction, it can surge to $1.08 by 2024.
Meme Moguls (MGLS) to Surpass the Competition With Large Ecosystem and P2E Elements
Meme Moguls (MGLS) is an upcoming Play-to-Earn (P2E) platform that will help traders learn how to invest. The project is currently undergoing its crypto ICO.
Its picked up significant attention as it will enable simulated trading opportunities through which traders can enhance their trading strategies and earn in the process.
Each player has the opportunity to compete against their friends or other users of the platform and start with $100,000 in virtual cash. Afterward, they can build a portfolio of meme-inspired assets. There are also free and paid tournaments. Here, players can win cash prizes and other meme collectibles.
The in-game Marketplace will be featured, where users can buy, trade or even sell any game-related items. The top 20 Moguls on the leaderboards can share a prize in the prize pool, which is derived from a percentage of the daily revenues from the project.
Every player can contribute their MGLS balance in the Meme Moguls staking pool as-well to get a fixed monthly passive income.
Summary
Aside from Solana and Ripple, Meme Moguls can experience the most significant growth. During Stage 3 of the presale, MGLS is offered at just $0.0025. At launch, analysts project an upswing of 100x fueled by the overall appeal of the ecosystem and rally in the market. These aspects make it one of the best coins to invest in.