Amid growing speculations of an upcoming bull market, crypto whales are accumulating Ripple (XRP) and Bitcoin (BTC). These investments come just before the Bitcoin halving, which will occur in April this year. Now, as its presale soars, experts predict that Meme Moguls could be next. Having already offered returns of 90%, experts believe this unique new altcoin could surge 25x after its presale ends in February.
Is The Ripple V.S. SEC Case Coming To A Close?
Ripple’s case against the SEC has significantly slowed the project’s growth. Since the case began, Ripple has decreased from its all-time high of $3.4 to $0.5. Despite a major victory in 2023, Ripple continues to struggle against the regulatory board. However, the case could soon come to a close.
According to Bill Morgan, a renowned attorney, Judge Torres could find a solution in February. Speculations suggest that Ripple may need to pay $10 million for a settlement that will finally close the case.
This solution could be a much-needed boost for Ripple, which has decreased by 11% over the last month. Should the case finish, experts predict that Ripple (XRP) could increase to $0.75 and potentially hit $1 within a year. As a result, crypto whales are buying Ripple to capitalize on these potential increases.
Why Hasn’t Bitcoin Passed $50,000?
After the release of 10 Bitcoin ETF products in January, many crypto analysts believed that Bitcoin would surge. However, after hitting $49,102, Bitcoin’s value crashed to $40,000. Since this decline, Bitcoin’s value has struggled below $45k, and BTC is currently trading at $42,536
Though there are several factors to consider, Julio Monero, head of research at CryptoQuant, believes this negative trend may have been influenced by short-term investors. After Bitcoin hit an annual high, thousands of traders and several crypto whales sold their holdings.
They sold to profit from last year’s Bitcoin price rally and thus reduced Bitcoin growth. Nonetheless, crypto investors remain bullish about Bitcoin. With the Bitcoin halving coming up, crypto whales are accumulating BTC, with bullish experts predicting that Bitcoin will pass $50,000.
Meme Moguls Prepares For Q1 Launch
As the crypto market prepares for another bull run, Meme Moguls is gaining significant traction. Over the last week, it hit a new milestone of raising $2 million, after which it raised an additional $150k in just a few days. Now, with several new developments in the works, this presale is getting ready to soar.
Meme Moguls is a new P2E game that offers an innovative new way to invest. Players will be able to invest in a meme asset market that functions like traditional stock markets. Here, they’ll be able to generate passive income, meet new investors, and compete in several lucrative game modes.
Over the next week, the Meme Moguls developers will showcase a game preview. Throughout this preview, investors will be able to see several of the game’s features and live gameplay to see what’s to come over the next few months.
The Meme Moguls presale will end on February 28. Prior to its end date, investors will still be able to purchase $MGLS tokens, which are currently selling at $0.0036. Post-launch token value is expected to quickly hit new highs, with experts predicting that $MGLS will hit $0.19 within a year.
