Injective (INJ) is moving at a bullish trend after the breakout from the bear stronghold. The price is trading above its key EMAs daily, and the volume is seeing an incline. This is an indication that there is an increase in buying and selling activity, which could result in more gains.
Meme Moguls (MGLS) also sees massive buying momentum with its blockchain ICO. Through its innovative approach, its presale caught significant attention. We will go over both projects to see how far they can rise and determine the best crypto to invest in.
Injective (INJ) Rises 2,630%. – Can It Break Past $60?
Injective (INJ) is getting bull support at a constant level, and if this carries on, it can surge to the $50 mark. The immediate support level for INJ is at the $35 level. The Injective price movements are relatively stable when compared to the broader market.
The buyers have a probability of attaining the expected target if they sustain above the EMAs. This would put the Injective crypto at the upper boundary. The year-to-date (YTD) increase for INJ was by 2,630%. With this momentum, the Injective price prediction puts it at a value of $67.59 by the end of 2024.
Meme Moguls (MGLS) Introduces a Fantasy Meme Trading World With Real-Time Market Simulations
Meme Moguls (MGLS) is an upcoming P2E meme-oriented ecosystem that will help traders enhance their strategies and improve the performance of their portfolios. This will be done through the introduction of a platform that will enable real-time market simulations.
It will immerse each player into a Fantasy Meme Trading world where they can create custom avatars. Their objective will be to climb their way up the leaderboards. Once they reach Moguls status, they can unlock the highest reward. Players can also trade or sell character NFTs on the market alongside other rare NFT items and mined materials.
These will represent real-world assets as well. There is also Moguls Land, which is the dedicated Metaverse in the ecosystem. Players will be able to join liquidity pools here and mine tokens. To get more of the MGLS crypto they need to stake their crypto into the
Meme Moguls staking pool. By doing so, they will become eligible for rewards directly based on their share of the pool and the annual percentage returns.
Players can create a portfolio to start with and over time can turn their simulated profits into cashable returns. Each player can also set up custom tournaments and create prize pool buy-ins. One such game mode is Beat The Market. Here, each player can attempt to outperform the S&P 500 index to win. These aspects make the MGLS token the best crypto to invest in.
Summary
Injective has been in a bullish trend for the past few months. But while it made a breakout, another crypto also grasped the attention of traders. Meme Moguls surged to the 4th presale stage and trades at $0.0027.
According to analyst projections, the crypto is positioned to climb 5,000% following its launch and listing on major exchanges. All of these aspects make MGLS one of the most anticipated cryptos for 2014.
For more information about the Meme Moguls (MGLS) presale follow the link below:
Website: https://mememoguls.com/
Twitter: https://twitter.com/meme_moguls
