Plenty of significant developments are occurring in the DeFi market. For instance, Filecoin (FIL) has seen stored data grow 3.8x in 2023 alone. At the same time, we see projects like Sei (SEI) and Meme Moguls (MGLS) gaining popularity worldwide. While SEI is an established crypto, MGLS is a Stage 5 presale star that may evolve into the next 100x meme coin in 2024.
Filecoin (FIL): Data Storage Surge
Recently, Filecoin (FIL) has seen some exciting developments. Most notably, Filecoin saw a big jump in the data stored on its platform during 2023. According to the new Filecoin tweet, a 3.8x increase in the volume of data stored can be seen during this time.
This Filecoin news may trigger a rally for this crypto. Over the past week, the value of this DeFi coin has increased from $5.48 to $7.94. Its market cap also grew from $2.79B to $4.06B in that period. Sentiment for Filecoin is bullish, as 27 technical indicators are flashing green. Because of this, experts predict that the Filecoin crypto may surge to $10.91 within Q2 of 2024.
Sei (SEI): Nimble Network Partnership
Meanwhile, Sei (SEI) has also made headlines. To clarify, Sei announced that Decentralized AI will be coming to this project first. Sei will achieve this by partnering up with Nimble Network, which brings an entire ecosystem for serving AI models.
With this bullish Sei news, the future looks bright for this crypto. Regarding its value movement, the Sei coin has pumped from $0.75 to $0.91 in the past seven days. Its market cap grew from $1.82B to $2.34B during that time. Around 18 technical indicators also show buy signals for Sei, causing experts to predict a $1.30 price within Q2 of 2024.
Meme Moguls (MGLS): A One-of-a-Kind Meme Coin
The Meme Moguls (MGLS) presale is attracting countless global investors, helping it raise nearly $2.5M thus far. Set to make waves in the meme coin space, MGLS separates itself from the pack with actual utility – making it a potential blue-chip token.
The innovation behind Meme Moguls is its blend of meme coin dynamics with practical use cases: functioning as both a governance token and the in-game currency for their upcoming play-to-earn (P2E) game.
MOGULS!! 🔥
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
— Meme Moguls (@meme_moguls) December 8, 2023
In this P2E game, players will participate in virtual stock trading experiences to learn wealth-building and investments. Said game will also have a “Beat the Market” mode, allowing users to compete against established indexes such as the S&P 500.
Everything within the Meme Moguls ecosystem revolves around the MGLS token. It is now worth just $0.0036 in Stage 5 of its presale. This is a 90% growth from its starting price. Set to be listed on Uniswap in Q1 2024, experts predict it could surge up to 100x. There’s also a 30% deposit bonus for this innovative meme coin you do not want to miss.
Can Meme Moguls Outshine Filecoin and Sei?
Meme Moguls has a market cap of $10.8M and is primed to beat Filecoin and Sei in terms of rapid market growth. A lower market cap means Meme Moguls will likely surge faster as fewer new funds are needed. Thus, MGLS may be one of the best meme coins to buy for fast returns.
