Polkadot (DOT) and Avalanche (AVAX) Showcase Promising Growth – Meme Moguls (MGLS) to Dominate the $6.1B Market in 2024

Meme Moguls (MGLS) to Dominate the $6.1B Market in 2024

The Polkadot (DOT) price has experienced a rapid upswing, but it could soon spike even further as the broader market is making a recovery. Avalanche (AVAX) can also soon see a significant upswing, as its charts are green and its weekly climb is at  20%. In the meantime, the Meme Moguls crypto ICO is making significant progress and could soon initiate a rally. 

Polkadot (DOT) Bullish – Price to Climb to $11.18

Polkadot (DOT) has formed a bullish candle on the weekly chart. The crypto broke out of the year-till-date high, which initially led to a panic among sellers. Now, the bulls are chasing the Polkadot price at $10, and a successful breakout could attract far more investors. 

The MACD curve is pointing towards the histogram bar and is forming higher highs, highlighting the bullishness of the Polkadot crypto. The RSI is at 70 as well, and according to the Polkadot price prediction, it can end at $11.18 in 2024.

Meme Moguls (MGLS) to Become Major Player in the $6.1B Market

Meme Moguls (MGLS) is an upcoming Web3 platform tailored towards completely changing how users enter the ever-growing meme coin space. It will do so by introducing Play-to-Earn (P2E) elements. Players can compete within simulated trading whilst also learning how to utilize numerous strategies for investment.

Based on data from Statista, the global meme industry was valued at just $2.3 billion in 2020. By 2025, it can expand as high as $6.1 billion, and Meme Moguls can become a major player within this industry. MGLS is the native, Ethereum-based meme coin that is used as the in-game currency, and players can contribute their existing tokens to the Meme Moguls staking pool. 

Not only that but there is also a Moguls World, a dedicated Metaverse, alongside the Moguls casino, which is part of its ecosystem. The earliest investors saw 90% in ROI, but new investors can expect a price upswing of 100x from a current price of $0.0036.

Avalanche (AVAX) Rises 20% – Price to Reach $51.80

Avalanche (AVAX) has also showcased a rapid upswing with its value, and its bullish features on the chart could attract more buyers. Just in the past week, the Avalanche price increased by 20%, and its YTD upswing was by 74%. 

The Avalanche crypto moved up from a low point of $27.58 to a high point of $36.46. In addition, the crypto is showcasing a reliable uptrend. According to the Avalanche price prediction, it can end 2024 at $51.80.

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