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The defi market is heating up as Chainlink (LINK) and Arbitrum (ARB) proceed battling for dominance. In the meantime, the rise of Meme Moguls (MGLS) has taken heart stage because it has already raised over $1 million in stage 3 of its presale.
Chainlink value prediction
Crypto analyst Ali Martinez notes a bullish development in Chainlink as whales purchase almost 7 million LINK weekly, signaling elevated confidence.
LINK costs rose from $15.37 on Dec. 22 to $16.09 on Dec. 29. Presently, 26 technical indicators are bullish on the token.
Analysts say LINK might surge to $20.83 by the top of January 2024.
How excessive can Arbitrum go?
Analyst Michaël van de Poppe notes that if ARB stays above the $1.40-1.45 stage, it might rise to $2.
ARB rose from $1.36 on Dec. 22 to $1.52 on Dec. 29.
With 23 bullish technical indicators and a Concern & Greed index at 65 (Greed), analysts say ARB might attain $1.69 by the top of January 2024.
Exploring Meme Moguls
Meme Moguls is making information as its presale has raised $1 million already in stage 3.
The platform will create a novel play-to-earn recreation for studying about investing and constructing wealth.
Gamers get a beginning portfolio of $100,000 in digital funds to finish buying and selling challenges and missions to earn precise returns.
There are additionally tournaments to compete towards others.
MGLS powers the platform as the first in-game foreign money and governance token, giving it utility past hype.
It’s at present valued at $0.0025, up 31% from the preliminary value.
Proudly owning MGLS offers perks like governance rights and staking rewards.
With its utility token and options, Meme Moguls might dominate the meme business, which is forecasted to be a $6.1 billion market by 2025.
Specialists forecast MGLS to succeed in $0.19 in 2024.
Presale members additionally obtain a 15% deposit bonus.
Conclusion
Amid bullish sentiments for Chainlink and Arbitrum, Meme Moguls seems to be a darkish horse in crypto.
With a present market cap of $7.5 million, considerably decrease than LINK ($9 billion) and ARB ($1.9 billion), MGLS solely wants $7.5 million to double.
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