As blockchain technology continues to evolve, VanEck’s recent prediction highlights the growing potential of blockchain gaming. This has ignited enthusiasm among gaming-centric tokens like Illuvium (ILV) and Meme Moguls (MGLS). While Illuvium has been showing bullish signs recently, Meme Moguls has also captured headlines with its crypto ICO event. Now in Stage 1 of its presale, many analysts foresee a 1,000% rise for MGLS in 2024 – let’s find out why.
Meme Moguls (MGLS): The Best Crypto To Invest In
Similarly, Meme Moguls (MGLS) – an upcoming meme token integrating gaming elements, aligns with the booming blockchain gaming sector. It will introduce the first play-to-earn game where you can learn about investing and building wealth using meme-based assets.
Its most significant feature will be simulated investments. This feature will enable you to engage in virtual stock market trading games within the Meme Moguls network. However, this will not be just for show; you can earn meme-based rewards or cash prizes.
While the play-to-earn game is the cornerstone of the Meme Moguls ecosystem, its team will also introduce many more components:
- Staking: Within the platform, you can participate in the Meme Moguls staking pool by contributing your tokens. This action will reward you based on the amount you stake, encouraging active engagement and participation.
- Moguls World: An immersive metaverse experience where you can connect with fellow traders, engage in token mining activities, and join liquidity pools for an enriched experience.
The MGLS token powers all these features while serving as the in-game currency. To incentivize purchases, the Meme Moguls team has provided many benefits to MGLS holders. For example, you obtain governance voting rights if you hold the MGLS token or even passive income by staking it. These benefits appeal as countless individuals are flooding the MGLS presale to obtain it before its value rises.
It is now in Stage 1 with a value of only $0.0021 – a 10% ROI for those who bought it early on. Meme Moguls has raised over $178,000, showing immense interest in this altcoin. As a result, experts forecast a potential surge to $0.19 within 2024 – a 100x growth for all those who buy the token now.
Illuvium (ILV) Announces New Partnership With Team Liquid
Illuvium (ILV) recently announced a new partnership with Team Liquid – the eSports heavyweights. This collaboration aims to bring the evolution of Web3 gaming, bringing many exciting experiences for gamers alike. After this Illuvium news, its value increased from $105 on November 29th to $107 on December 9th.
Looking at the technical analysis for Illuvium, we notice this bullish trend continuing. In fact, around 24 technical indicators are showing green for the Illuvium crypto. This altcoin is now sitting comfortably above the 21 and 50-day EMAs.
Market analysts have taken notice of these factors when making their Illuvium price predictions. Therefore, they forecast this crypto will reach $110 before the end of 2023. This makes Illuvium one of the top crypto coins at the moment.
Embracing the Potential
As VanEck’s optimistic predictions shake the industry, altcoins like Illuvium and Meme Moguls could reign supreme in the crypto-gaming arena. However, Meme Moguls has a much lower market cap of $6.3M, while Illuvium boasts a $400M market cap. In other words, MGLS will experience growth much easier as fewer new funds are needed.
Moreover, the thecrypotobasic data shows that Shiba Inu – a Meme Moguls rival, provided early buyers a 1.6M% ROI in three years. Meme Moguls has the same potential, which makes it the best crypto investment at the moment.
