On Christmas day, Solana hit a monthly all-time high of $122.54 with a massive growth of $5.87B. This growth enabled its rise over XRP, and now, Solana has surpassed Binance, taking over as the 4th largest cryptocurrency by market capitalization. While Solana seems like it will break into the top three, a new meme coin called Meme Moguls is poised to bring a huge amount of attention to meme coins.
Meme Moguls (MGLS) Has Unique Features That Will Draw More Attention to Meme Coins
Meme coins are on the brink of receiving a considerable amount of attention with the launch of Meme Moguls. Meme Moguls, which has not launched yet, has already secured a massive amount of interest, selling out its beta stage so fast, and is already on the fourth stage of presale.
Unlike the typical fervor surrounding meme tokens, Meme Moguls emerges as more than just a passing trend. Meme Moguls’ native token ($MGLS), which operates as both an in-game currency and governance token, introduces practicality, posing it as a good crypto to buy.
The central focus of Meme Moguls is its gameplay, enabling users to acquire investing skills through simulated trading, challenges, and tournaments offering enticing cash rewards. Another noteworthy feature is the wealth leaderboard, where top performers share in a lucrative cash prize pool.
Moreover, Meme Moguls’ metaverse world, staking opportunities, and unique NFT characters contribute to making the potential best crypto investment, commanding a substantial amount of attention for meme coins rather than fleeting hype.
The fourth presale just started, you can join in early for only $0.0027 before it’s sold out and the price increases.
Solana (SOL) Goes on Another Bull Train as it Outpaces Binance (BNB)
Over the month, Solana has gained over 85.41% gains. After slowly dropping from its monthly peak of $122.54, Solana’s price has begun another bull trend as it gained over a 12.98% increase in the past 24 hours.
From 10:00 am on the first day of the year, Solana’s price moved from the range of $104 to $105 to a current price range of $114 to $116. With Solana showing a good potential of hitting and crossing over $120 again, it might keep ranking higher.
However, should Solana’s price increase, can its market cap make it the top three? When it comes to market cap, USDT poses as a strong performer for Solana. However, Solana does show impressive potential as a good crypto to buy.
Binance (BNB) Loses Fourth Position to Solana (SOL)
Binance has been one the largest cryptocurrencies by market cap, holding one 4th position and maintaining a trading price of above $300 since December 26th. However, the Binance market drop has been surpassed by Solana, pushing the Binance coin to the 5th position.
Binance coin has been performing well, recording a significant 16.41% surge in price over the past seven days and 38.99% over the past 30 days.
Regardless, Binance platform remains one of the largest cryptocurrency exchanges. While we might not be certain if Binance will regain its position, we can expect Binance (BNB) to appreciate in value and remain a good best crypto investment.
