Crypto analyst Muro has sparked excitement in the Dogecoin community with his bullish price prediction. Meanwhile, staked Ethereum has soared to new all-time highs, crossing 29.37 million. Despite these developments, it is the new meme coin, Meme Moguls, that steals the spotlight. It has emerged as the best cryptocurrency for smart investors thanks to its compelling 30% bonus offer.
Dogecoin (DOGE) About To Pop: Analyst
Dogecoin (DOGE) has struggled with bearish pressure over the last few weeks. However, Muro, a crypto analyst, has shared an optimistic take on the meme coin. “Kinda have that feeling Dogecoin going to the top,” Muro wrote. He expects the altcoin price to spike soon.
But, as he says, after his previous prediction, the price of Dogecoin did pop, but it failed to reach the target. However, Muro noted that Dogecoin is trading in the right direction and may again revisit the target in the coming days.
CoinMarketCap data indicates that the price of Dogecoin oscillates between $0.07653 and $0.08415. This is between the 50-day SMA ($0.085489) and 20-day SMA ($0.067) range. The altcoin price has tried to recover the $0.1 but failed in many attempts. Nevertheless, investors remain hopeful that Dogecoin will regain the $0.1 mark soon.
Ethereum (ETH) Staked Reached New Peak
CryptoQuant statistics have shown that on January 28th, the staked Ethereum (ETH) supply rose to 29.37 million. Leon Waidmann, an analyst at BTCEcho, pointed out that a quarter of Ethereum’s supply is staked.
The expert discussed how this indicator supports a bullish price surge for Ethereum. The analyst also mentioned that Ethereum’s shrinking supply on exchanges could drive the altcoin‘s rise in the current cycle.
As per Santiment data, the supply on exchanges has dropped to 10.32 million, approaching a six-month low. A fall in exchange supply is typically associated with reduced selling pressure on Ethereum and potential price gains. The altcoin price has been in the $2,186.24 – $2,373.42 price range in the past week.
Meme Moguls (MGLS) Play-to-Earn Model Entices Investors
Meme Moguls (MGLS), a project with a new play-to-earn approach, has been drawing lots of attention in the crypto space. Imagine playing games and getting rewards for what you do in them. The platform puts a big focus on making a community.
It is all about connecting with others, facing off in competitions, and growing together, not just playing by yourself. This project is a place to meet new friends and talk about your gaming adventures. NFTs add a fresh twist to how you play.
MOGULS!! 🔥
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
— Meme Moguls (@meme_moguls) December 8, 2023
These digital items are worth a lot and are a big part of the game’s economy. They make playing the game more fun and rewarding. Teaching about trading is another big part of the project. Through trading competitions and fun activities on the platform, you can hone your trading abilities to get more profitable results.
Experts are entirely in favor of Meme Moguls, which is not surprising considering all these advantages. MGLS, the native token, is currently in its fifth stage of presale and has a value of $0.0036. Considering that it is the best cryptocurrency available, anyone searching for an investment in 2024 should give MGLS some thought. Analysts predict it will become the next Dogecoin and Pepe.
Conclusion
Dogecoin, Ethereum, and Meme Moguls are pushing for an altcoin rally in the market. Crypto analysts like Michael Van de Poppe predict that this rally is on the way, and investors should prepare.
Those looking for altcoins to stock up before the rally can go hard on Dogecoin, Ethereum, and Meme Moguls. However, note that Meme Moguls now has a 30% bonus for those who join its presale.
Meta Title: Analyst Predicts Dogecoin Surge, Staked Ethereum at Record Highs, Meme Moguls’ 30% Bonus Draws Investors.
Meta Description: Expert predicts an imminent Dogecoin rally. Staked Ethereum reaches new high. Meme Moguls’ entice investors with a 30% bonus.
Keywords: best cryptocurrency, altcoin, altcoin price, Dogecoin (DOGE), Dogecoin, price of Dogecoin, Ethereum (ETH), Ethereum
