Top crypto trader Raoul Pal, a major Solana supporter, is bullish that Solana will cross a key resistance level. In another development, Ava Labs has launched a new scaling solution called Vryx aimed at increasing the transaction speed of the Avalanche blockchain. Meanwhile, Meme Moguls has raised over $1,951,979 in its blockchain ICO, a sign of increased interest from investors.
Solana (SOL) To Cross $92.92 Resistance Zone
Top trader Raoul Pal is increasing his wager on Solana (SOL) following his bullish forecast on Twitter. According to Raoul Pal's tweet, Solana may be on the verge of a bull run after seeing irregular growth over the last month.
Raoul Pal said investors should "stick with the programme" because the Sun can rise on SOL. He tweeted a chart that suggests Solana coin is about to break over the resistance zone at $92.92.
Meanwhile, the Solana coin has increased by 20.8% in the past week. According to CoinMarketCap, the token has moved from a low of $79.18 to a peak of $101.08. If the bullish momentum continues, Solana could climb to its yearly high of $125 in the coming weeks.
Avalanche (AVAX) Blockchain To Process 100k TPS With Vryx
Ava Labs has introduced a game-changing scaling solution called Vryx for the Avalancheblockchain. The solution aims to accomplish 100,000 transactions per second (TPS).
Vryx improves performance by using a new pipelined transaction mechanism, which significantly increases blockchain scalability and efficiency. This illustrates Ava Labs' dedication to advancing the field of blockchain technology.
With this advancement, the Avalanche blockchain will gain popularity and attract more developers. This could have long-term implications for the Avalanche crypto.
Avalanche crypto price is currently rising in response to the announcement. The DeFicryptocurrency surged 20.5% from a seven-day low of $27.58 to a high of $36.46.
Meme Moguls (MGLS) Set for Presale Milestone
Meme Moguls (MGLS) is preparing to launch an exciting new game in the DeFi market, combining the thrill of gaming with the realm of meme currency. This game provides a unique opportunity for players to enter a marketplace and learn financial skills and money management.
The game will offer players access to a virtual stock market. They will get virtual $100,000 money to try different investment methods. The players can also use the meme market to buy and sell different gaming assets.
The unique thing about this platform is that it emphasizes community-building. Investors can share their views on the market trends exchange strategies, and learn new investment ideas here.
Players will also be able to participate in tournaments and receive prizes for their efforts. With every win, they will climb up the Wealth Leaderboard of the game. Meme Moguls is not only an entertaining game but also a way to earn money. The more you play, the higher your earnings on the DeFi cryptocurrency.
You can spend $MGLS tokens to buy keys that unlock unique meme assets and rare NFTs. Fortunately for you, Meme Moguls is priced at just $0.0036 and has raised over $1.9M in its presale as it edges close to $2M. Analysts believe that MGLS will reach $0.19 by 2024 as the project grows, making it one of the most profitable projects in the DeFi market.
Conclusion
Apart from Solana and Avalanche, projects like Meme Moguls have risen recently with huge potential. Meme Moguls doubles as a meme coin and gaming token, making it a good crypto to consider.
Presently, a 30% deposit bonus is available on all deposits in this blockchain ICO. However, this offer is only valid for a short time. So get in immediately before the bonus expires.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
