Solana (SOL) briefly flips XRP as Meme Moguls (MGLS) presale creates buzz

• Solana (SOL) briefly flipped XRP as its market cap rose above $33 billion.
• Analysts are bullish on SOL worth, noting the potential for upside continuation.
• Meme Moguls (MGLS), a brand new meme-based token, is creating waves available in the market as its presale breezes by means of stage 2.

Solana (SOL) has outperformed Bitcoin and all prime altcoins prior to now few months. As bulls regarded to strengthen above $70 on Wednesday, Solana’s market cap briefly flipped that of XRP.

Elsewhere, meme-based crypto token Meme Moguls (MGLS) appears to be like poised for a doubtlessly explosive 2024.

Solana worth prediction as SOL briefly flips XRP

Solana (SOL) has soared greater than 600% since its lows in December 2022. The sensible contracts blockchain platform’s native token has within the course of recouped losses suffered when the broader contagion attributable to the collapse of crypto change FTX pushed SOL to under $10.

Having traded to highs of $79, Solana bulls are prone to eye $100 in coming weeks as its bullish momentum strengthens. At the moment’s transient flippening of XRP got here as latest features sparked by the meme coin Bonk (BONK) pushed SOL’s market cap above $33 billion on December 20.

Based on one crypto analyst, Solana’s upside development is prone to proceed amid its “bullish consolidation.”

“There’s little question that is going larger,” pseudonymous analyst The Crypto Canine opined on X.

Meme Moguls (MGLS): A meme token poised for explosive 2024

Meme Moguls (MGLS) is a brand new crypto platform designed for each the seasoned dealer and meme fanatic. It’s providing of a play-to-earn (P2E) recreation ecosystem the place anybody can hop onto the newest tendencies in crypto, harnessing their buying and selling expertise to earn profitable rewards within the native MGLS token.

This might be through leaderboard competitions, staking, and NFT buying and selling amongst different modern ways in which put MGLS holders answerable for how you can add to their returns as they assist the ecosystem or play in opposition to different neighborhood members.

Meme Moguls has outlined a presale that may see 60% of the three billion token provide go to the neighborhood of early customers. The potential for this token to develop into the following Pepe, Bonk, Shiba Inu or Dogecoin has the crypto market buzzing about its presale.

Meme Moguls (MGLS) presale

Having began at simply $0.0019 per token, the wave being witnessed as merchants snap up $MGLS has pushed the value to $0.0023, with over $600,000 raised in stage 2 to date. 

Based on particulars on the Meme Moguls presale web page, there lower than 164 million tokens remaining earlier than the the following stage and worth will increase.

Whereas nonetheless in presale, the massive curiosity at the moment engulfing the Meme Moguls’ early chook provide may assist catapult costs larger when the mission launches in early 2024. Based on projections, the value of MGLS may see a 100x transfer if the crypto bull market rolls in as forecast.

In case you are contemplating looking at this mission to study its tokenomics and utility, the whitepaper is obtainable right here.