Cardano has gained major momentum in the DeFi market in the past few months, striking major partnership deals. The company has partnered with Polkadot, the Institute of Blockchain Singapore (IBS), and so on. Two cryptos that have benefited from this include Solana and Meme Moguls, the resale token with 100x potential.
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Ali Charts Forecast Cardano (ADA) To End 2023 At $0.75
Cardano (ADA) is currently on an impressive upward trend, as bullish investors aim to reach the year’s peak price of around $0.45. Different factors are responsible for the price surge, including notable partnerships in recent months and increased network activity.
In a recent analysis, respected cryptocurrency analyst Ali Charts drew a parallel between Cardano’s ongoing consolidation phase and its performance between 2018 and 2020. Ali Charts noted that Cardano (ADA) has faced challenges in surpassing the $0.38 mark.
Still, he projected a potential peak of $0.75 at the end of 2023 if the Cardano coin crossed the $0.45. Cardano coin price has increased in the past week, moving from a low of 0.373475 to a high of $0.453976. This has affected ADA’s market cap, which has increased to $15.36 billion.
Solana (SOL) Ecosystem Report By Messari
The Solana network is expanding thanks to a consistent rise in activity on the blockchain. As of December 6th, Messari researcher Ally Zach has reported double weekly active addresses on Solana since December 2022. While Solana’s address activity remained stagnant for over a year, it began to show signs of improvement in October.
Additionally, DeFi activity has been on the rise, driven by airdrop announcements. Since the start of November, the Solana network’s Total Value Locked (TVL) has surged by approximately 47%, reaching $1.19 billion.
The Solana coin has performed well overall in recent weeks. The Solana price has traded between $58.91 and $65.71 in the past week. Interestingly, the Solana price chart displayed a 51.7% and 361.9% rise on the monthly and year-to-date charts, respectively.
Meme Moguls (MGLS): Earn Massive Rewards From Participation
Meme Moguls (MGLS) has garnered significant attention in the cryptocurrency community as the best ICO out there. Meme Moguls is one of the few meme coins that offer practical benefits. One of its unique features is the wealth leaderboard. The top 20 participants can share in the daily project revenues through a cash prize pool.
You must participate in tournaments and win competitions to be part of the leaderboard. This leaderboard fosters healthy competition among players. Additionally, Meme Moguls boasts “Mogul Land,” a virtual environment where users can interact, mine tokens, and earn rewards through staking.
Participants can participate in both free and paid trading tournaments, providing an opportunity to compete for cash prizes and valuable meme collectibles like Pepe. Moreover, Meme Moguls offers an in-game marketplace where users can buy, sell, and trade in-game items.
This is your chance to accumulate more tokens. Overall, Meme Moguls has created an enjoyable and profitable ecosystem for both meme enthusiasts and gamers. This makes it the best ICO to consider. The MGLS tokens are available at an affordable price of only $0.0021.
Conclusion
The DeFi market offers traders and gamers opportunities for increased growth. Cardano, Solana, and Meme Moguls will continue to see more price growth. Analysts have already predicted a 1,000% price increase for Meme Moguls in the coming months.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Buy presale: https://app.mememoguls.com/sign-up
Twitter: https://twitter.com/meme_moguls
