The global meme coin industry is not slowing down anytime soon as Meme Moguls, an upcoming play-to-earn platform promises crypto enthusiasts a fascinating utility token that will rival 99% of meme tokens in the market. As the case will be, Polygon and Cardano will be facing a strong contender when Meme Moguls finally launches.
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Can Polygon (MATIC) Manage To Hit $1 Again Before 2023 Ends?
As of today Polygon MATIC is trading at $0.8247, reflecting a 7.05% increase in value over the past week from $0.7666. However, despite this short-term growth, Polygon price has faced a monthly decline of approximately 24.4%.
This current Polygon valuation marks a significant drop of 71.49% from MATIC's all-time high of $2.92 in December 2021. Despite this, Polygon still stands as a top crypto to buy considering its predicted 60% rise associated with its commitment to scaling solutions for Ethereum.
Regardless, Will Polygon price hit $1 again before the end of the year? This would depend on its ability to overcome monthly declines and navigate the potential hurdles that will precede the next crypto revolution. Meanwhile, investors can expect positive news for Polygon MATIC.
Cardano (ADA) Adds Another $1 Billion To Its Market in Just 24 Hours
Bitcoin’s recent surge in price has indeed set a positive momentum for all altcoins and asides Polygon, Cardano is also gaining profits. Currently, the Cardano coin, ADA, is selling at around $0.4379, a 16% increase in the past week.
Subsequently, in view of Cardano's recent jump in trading volume, it has been able to increase its market capitalization by a billion dollars in a day. Now, Cardano market cap reads at $15.4 billion, solidifying its position as the 8th largest.
As Cardano and Polygon both race to $1, both are eligible for top crypto to buy now. Having a current trading volume of over $750 million, a 12.79% increase in 24 hours, the Cardano coinmight propel the asset even higher, potentially raising Cardano market cap above $20 million by 2025.
Meme Moguls (MGLS) Likely To Defeat Cardano (ADA) and Polygon (MATIC) As It Introduces a Game-Changing Utility Token,
As a P2E utility meme token, Meme Moguls will not only position itself as the best new crypto to invest in, it will also become a strong contender for Cardano and Polygon. How, you may ask?
To begin with, Meme Moguls is poised to outshine all other utility and meme tokens in the crypto space due to its diverse use case and fascinating incentive-based ecosystem where the MGLS token will serve many directory purposes.
For more context, Meme Moguls plans to engage its users in an entertaining ecosystem where they can utilize the MGLS token for many in-game experiences including Casino gameplays, simulated trading challenges, and head-to-head competitions with fellow players.
In addition, you’ll be able to earn more MGLS tokens by staking your existing tokens in the platform’s staking pool— the more tokens you stake, the higher returns you get, it’s that simple. These tokens can even be swapped for other meme assets and can be used to buy and swap for in-game items.
To add to the fun, there’s a game mode where, if you’re able to beat the market by outperforming the S&P 500 index, you’ll receive a massive bonus and higher returns on your tokens. Moreso, by actively participating and engaging Meme Moguls’ Twitter account, users stand a chance to win a share of a $10,000 cash prize dedicated for active members.
There are more features that back Meme Moguls as the best new crypto to invest in. All you have to do is visit Meme Moguls and engage in its ongoing presale.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Buy presale: https://app.mememoguls.com/sign-up
Twitter: https://twitter.com/meme_moguls
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.