Crypto Analyst Rekt Capital Makes a Bullish Ethereum (ETH) Price Prediction While Whales Gravitate Towards an Exciting New ICO

Ethereum (ETH) continues to maintain its position as a cornerstone of the DeFi market. Recent market analysis by crypto analyst Rekt Capital has added further excitement for this altcoin. Meanwhile, whales are flocking to a new ICO in stage three of its presale that many experts have hinted may see a surge of 100x in 2024. Today, we will find out why. 

Ethereum Price Prediction 

Crypto analyst Rekt Capital recently made a bullish Ethereum (ETH) price prediction. According to him, Ethereum may experience a significant increase of around 22% upon securing $2,274 as a support level. This prediction depends heavily on Ethereum's capacity to establish this pivotal level of support.

In terms of the Ethereum price movement, it has increased from $2,226 on December 21 to $2,366 on December 28. The technical analysis of the Ethereum crypto also paints a bullish picture, as over 29 technical indicators are showing green. Its Fear & Greed index rating also indicates a 73 (Greed) – good bullish signs. 

Due to all these reasons, experts foresee the Ethereum price reaching $2,608 in January 2024. This makes ETH one of the top altcoins on the market. 

Meme Moguls (MGLS): The Best ICO 

Amidst this projection, whales gravitate towards Meme Moguls (MGLS) – an innovative meme coin that may dominate the sector. In stage three of its presale, it has already raised over $1M while selling millions of MGLS tokens. Whales are confident about its long-term growth potential as it could revolutionize the meme industry. 

Meme Moguls will introduce a one-of-a-kind P2E game where you can engage in virtual stock market trading games. At the beginning of the game, you start with $100,000 in virtual cash, and you may complete trading challenges and missions to convert your profits into actual returns. 

While this game is the main attraction for traders, the Meme Moguls team will also introduce other components in its ecosystem: 

• Staking: You can increase your MGLS token holdings by contributing their tokens to the Meme Moguls staking pool.
• Moguls World: An expansive metaverse offering connections, token mining, participation in liquidity pools, and token staking opportunities.

The MGLS utility token serves as the in-game currency that powers all these features and as a governance token, benefitting its holders. It costs just $0.0025, and those who bought it early enjoy a 31% ROI. As the presale advances, more price hikes are expected, and once it launches in 2024 – experts forecast a 100x growth from its current value. 

With the recent reveal of the Meme Moguls tier system, interest in this meme coin has skyrocketed. This tier system will reward MGLS holders based on the value of their holdings. Rewards include a VIP NFT pass and the ability to speak with a Meme Moguls team member. If you wish to obtain these rewards, stockpile the MGLS token now while it is on a discount. Follow the links below and earn a 15% deposit bonus. 

Conclusion 

While Ethereum may see further growth, its high market cap suggests it may take some time to achieve significant surges. To clarify, ETH has a market cap of $283B – meaning a large influx of new funds is needed for its value to surge. On the other hand, Meme Moguls has a market cap of $7.5M, suggesting faster growth.

With The Crypto Basic reporting that Shiba Inu has already provided early buyers with a 1.6M% ROI in just three years, Meme Moguls could see the same growth faster. Because of this, whales are flooding this crypto ICO event instead of banking on Ethereum skyrocketing again.

Learn more about the $MGLS here:

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