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Cryptocurrency investors are growing increasingly optimistic this year as several key events suggest that the bull market may supersede beer markets, especially within the memecoin market. Hence, if you’re looking for the best cryptos to invest in, SingularityNET (AGIX) token, Fetch.ai (FET), and the newly emerging meme coin, Meme Moguls (MGLS), should be on your radar.
With Bitcoin surpassing $51k and the anticipation of an impending bull run, investors are eager to explore potentially lucrative opportunities. While SingularityNET and Fetch.ai have been experiencing a sustained bullish trend for the past month, Meme Moguls even presents a more lucrative advantage as it nears the end of its presale campaign, offering the potential for significant returns on investment.
SingularityNET (AGIX) Racks Up Almost 200% Monthly Gain
The price of SingularityNET token has surged significantly in the past 30 days. Notably, the native AGIX token first began a price increase at the beginning of the month, moving on a steady motion before eventually spiking to new resistance zones a week later.
Currently, SingularityNET price is up 180.35% in the past 30 days and a total of 33.07% in the past seven days. At this rate, the AGIX token is also holding in a weekly price range of $0.4957 to $0.832, representing a 79.64% increase from its price last year.
In contrast, SingularityNET is experiencing a 50.75% daily loss in trading volume at the moment, however, considering how much traction the token has gathered in the past month, the token can potentially rise to newer resistance levels before the middle of the year.
Meme Moguls (MGLS) Will Finally Launch and Garner More Attention When It Concludes Its Current Presale Stage
Meme Moguls (MGLS), a newcomer in the meme coin market, is gaining attention for its impressive performance this year, after it rapidly and successfully sold out five presale stages. Investors are intrigued by its Play-to-Earn gaming feature, which offers potential earnings.
The ongoing 6th stage doubling as the last presale stage before its official launch, has raised over $2.6 million, with plans to end on February 28. This impressive milestone is currently attracting more investors and positioning Meme Moguls among the best cryptos to buy in 2024.
With a growing user base of nearly 4,000, Meme Moguls essentially stands out from its peers by combining play-to-earn gaming with traditional meme culture. Notably, the native MGLS token serves as both in-game currency and governance token, adding utility. In the game, users can learn about investing through virtual stock trading and competitive modes like ‘Beat the Market.’
Early token holders have now seen a 120% return on investment, with the current token price at $0.0042. As the presale waits to complete the final stage, analysts predict a potential 100x surge upon listing on Uniswap in Q1 2024. MGLS’s entry into the market may bring significant changes to the meme coin market.
Fetch.ai (FET) Keeps Showing Promise of a Sustainable Bullish Market
The Fetch.ai token had a rough start to the month, seeing some losses initially. However, it picked up steam afterward, having surged by more than 79% in the past four weeks, showing strong support from buyers.
Currently trading within a weekly price range of $0.8917 to $1.20, Fetch.ai token has more than 831 million tokens in circulation and a market cap of $888.7 million, after a daily 4.45% loss. However, market sentiment suggests a potential 16% increase this week, making Fetch.ai a popular choice for cryptos to buy.
According to technical analysis, there’s a consistent downtrend in the histogram of Fetch.ai, indicating increased market activity. But, the moving averages suggest a likely bullish trend ahead, hinting at positive price movement, possibly up to $5 after Bitcoin’s halving.
