Cryptocurrency

Meme Moguls (MGLS) Displays Impressive Price Trajectory As Dogecoin (DOGE) and Mirror Protocol (MIR) Show No Signs of Reaching a New ATH

Market Trends

Dogecoin made an impressive all-time high two years ago, hitting a peak of $0.7316 which represents an 89.2% increase from its current price. While it is almost three years away, the Dogecoin token may not be able to topple that record anytime soon if it doesn't price at $0.1 this year. 

Similarly, Mirror Protocol may not approach its all-time high this year, considering how low its current price is from its price when it reaches its ATH, Meanwhile, Meme Moguls is going to make a 100x increase this year if it maintains this current price trajectory.

Dogecoin (DOGE) Starts a New Decline Below Its Monthly Support Price

After showing a promising effort to reach a peak price above $0.10 this year, the price of Dogecoin has reduced by 11.99% pricing at a weekly range of $0.07728 to $0.08226. Dogecoin is, however, still battling a recent 2.46% decline.

The series of declines the Dogecoin token has been battling with from last year till now has thrown the price of DOGE farther away from its all-time high. The current momentum of Dogecoin also signals the difficulty of Dogecoin reaching its all-time high anytime soon.

Dogecoin has made a total of 14,000% increase since it was launched. However, that percentile rose to above 20,000% when Dogecoin prices were at an all-time high. Experts think it will take a year of continued bullish momentum for DOGE to mimic that performance again.

Mirror Protocol (MIR) Prices Low In a Steadily Declining Phase

Mirror Protocol is being overwhelmed by long-declining pressure that has made the token priced below $0.1 for many months now. This phase has been more than detrimental to Mirror Protocol price, having seen no major gain for two years.

With a market capitalization of $1,549,237, Mirror Protocol lags behind the majority of top crypto coins, notably below $100 million while the top 100 cryptos surpass $1 billion, and the top 500 exceed $100 million. 

Mirror Protocol price movements have weakened its short-term technical score, with the past month's trading offering more bearish signals for those observing the token's immediate trajectory. According to previous and recent trajectories, MIR shows no sign of visiting its ATH anytime soon.

Meme Moguls (MGLS) Holders Up 90%

As anticipation builds for the impending bull market, experts foresee a significant surge in memecoins, surpassing the fervor of 2021. Among the myriad of memecoins, Meme Moguls (MGLS) is expected to take the lead, surpassing even well-established counterparts.

This Ethereum-based memecoin has garnered investor attention by unveiling a lucrative giveaway, offering $10,000 worth of MGLS tokens to participants completing specific tasks throughout the presale stages. Accessible through Zealy, these rewards, coupled with early investors enjoying returns of up to 90%, signal promising growth ahead.

As the MGLS token progresses to its 5th stage, priced at $0.0036 in a fast-selling 5th stage presale, bullish sentiments surround Meme Moguls. Positioned as one of the best crypto to invest in, analysts predict substantial returns for investors pre-launch. Its listing on CoinGecko also attracts more adoption which may influence its value.

The team has also noted that there will be a sneak peek into the gameplay and features of the Meme Moguls game within the next week, with the test phase of the game set to launch on 11th March. After the presale closing date on the 28th of February, the remaining tokens will be dedicated to in-game earning and rewards with any additional tokens set for burning before its listing date.

Analysts are projecting a potential 100x return for token holders after Uniswap and other platforms listing, potentially driving MGLS token's price to $0.19.

For more information about the Meme Moguls (MGLS) Presale: 

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