VeChain (VET) has recently surpassed the impressive milestone of 900,000 holders — a testament to its growing popularity and adoption. Meanwhile, Meme Moguls is hitting the headlines with a strong presale performance on the back of bullish ratings. What does the future hold for these two projects? Let's find out.
VeChain (VET) Surpasses 900k Holders
VeChain was launched in 2015 but really took off in 2018 when the VeChain Thor Mainnet was released. The project quickly attracted huge interest from investors as it partnered with the likes of PWC and DNV GL to develop enterprise solutions.
Fast forward to 2023, and VeChain has reached a huge milestone – surpassing 900k holders! More than 57,000 holders were added in the last week alone. While this impressive feat is a testament to the project's strong utility, the partnership with the Ultimate Fighting Championship (UFC) certainly helped boost its visibility and attract new holders.
It's worth noting that this metric doesn't track each person who holds VET but each distinct address that holds VET. This means that some holders may own multiple addresses and are counted more than once. Nonetheless, this is still a significant milestone that showcases the growing interest in VeChain's vision to empower people with a sustainable, highly scalable smart contract platform.
VeChain (VET) Price Analysis
But what about the price of VeChain? Well, that has also been on an upward trend, with the token climbing from $0.016 at the end of October to a recent peak of $0.02871 this December. It is worth noting that the price has just breached a descending trendline that has been in place since May 2022, so it will be interesting to see if this is the start of a new bullish trend.
Other bullish indicators include launching a brand new dApp kit and store, integrating Coinbase Pay's fiat on-ramp, VORJ updates, and Token Bound Accounts that allow NFTs to have wallets. All these updates and developments demonstrate VeChain's commitment to pushing for real-world adoption that's sustainable.
Meme Moguls (MGLS): Predicting Significant Returns for Early Adopters
The Meme Moguls P2E game is a unique fusion of meme culture and financial acumen. It involves an engaging trading simulation, a lively community platform, strategic NFT trading, and the multifaceted MGLS token for rewards.
Whether competing against friends in private leagues or participating in open tournaments, the platform provides numerous opportunities for interaction, learning, and growth. Rewards are also plentiful, with MGLS tokens and other meme assets distributed to players for participation and achievements.
The Meme Moguls marketplace offers various NFTs, ranging from collectibles to valuable game assets. These can be utilized within the platform to level up and earn more rewards. They can also be traded on NFT marketplaces to access real value and tangible profits.
The MGLS token is the lifeblood of the Meme Moguls ecosystem, providing utility and governance. It's a symbol of the player's stake in the game, offering the ability to transact and have a say in the platform's future. It can be bought for a discounted price of $0.0021 during the first presale phase.
Beyond the game, Meme Moguls extends into "Moguls World," a digital metaverse where players can further engage with the ecosystem. Here, they can mine tokens, join liquidity pools, and take part in staking their MGLS tokens. Based on the duration and amount of stake, the staking rewards offer an additional incentive for players to invest and engage with the platform over the long term.
The ongoing presale of MGLS tokens presents an enticing opportunity for early adopters. With the buzz of a potential 100x return in the first year, these tokens are not just a gateway into the game but a promising investment opportunity.
It's easy to see why Meme Moguls has been given a bullish rating by many experts in the crypto space. With the meme industry expected to grow to $6.1 billion by 2025 (source: Statista) and the amount of rewards players can earn within the game, the potential for growth and ROI is immense.
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