Meme Moguls (MGLS) Dominates With Presale Grabs Attention From Polkadot (DOT) and OKB (OKB) Investors

The Polkadot (DOT) price is bullish as it has passed above the $7 price barrier, briefly touching above $8. Moreover, the OKB (OKB) crypto also saw a solid YTD increase yet needs to remain above a specific threshold in order to initiate a bull run. 

Meme Moguls (MGLS) reached a monumental milestone with its presale and caught the attention of traders globally. Today, we will review the on-chart data for both cryptocurrencies to determine just how far they can rise.

Polkadot (DOT) Dominant on the Charts After 53.4% Increase – Is $13 Possible?

Polkadot (DOT) is forming a bullish pattern on the chart and is trading above both the EMAs to showcase the uptrend. The recent move in the Polkadot price is supported by higher trading volume as-well which increases the likelihood of a future breakout. During the past week, the Polkadot crypto moved from $6.68 to a maximum value of $8.55 before finding support at the $7.75 level.  

The total annual increase was 53.4%. The price looks to be overbought and is near the supply zone. A short-term price correction could hit it at any point in time, as it's moved far away from the 50-day EMA. If the retrace downwards occurs, this could spell further decline. Yet, there is also bullishness, which could trigger a positive price sentiment. According to the Polkadot price prediction, this altcoin can end in 2024 at a value of $13.

OKB (OKB) Sees Bearish Price Performance – Can It Recover?

OKB (OKB) is heaving upwards in value as well, as its year-to-date (YTD) value increased by 90%. Despite this, recent on-chart analysis reveals that the RSI and EMA are both indicating a bearish divergence and the price is trading under the EMAs. The share price can advance to lower levels on the break of the zone and lead to an OKB crypto decrease if the crypto slips under the $52 support level.

The OKB price has showcased a golden cross on the charts, however, and there is an indication that buyers are present in the market. Just in the past week, its value moved from $52.64 to $56.22. According to the OKB price prediction, the altcoin can end 2024 at a value of $90.27.

Meme Moguls (MGLS) Dominates at Stage 4 Presale – How Far Can Its Price Go?

Meme Moguls (MGLS) is an upcoming platform that will introduce a simulated trading experience for anyone. Through this platform, players will be able to take various P2E elements and turn their time into profitable returns by enhancing their trading strategies.

They can complete simulations and even learn how to utilize a wide range of investment strategies. Every player will begin with the same balance, $100,000 in virtual cash. Through it, they will create a portfolio and can then complete challenges to turn these simulated profits into returns.

There will be a dedicated Metaverse known as Moguls World where players can mine, connect, and even join liquidity pools. By doing so, they will be able to access fixed capital gains. At Stage 5 of the presale, MGLS is offered at just $0.0036, but analysts expect a 60x upswing following its launch. There is also a $10,000 giveaway up for grabs on the official X (Twitter) page for the most active community members.

Summary

Polkadot is surging up while OKB is fighting to retain its value. In the meantime, the crypto ICO for Meme Moguls has been more than favorable, as it exceeded expectations. With its vast ecosystem and unique approach to trading, this DeFi project can become a dominant force in the Web3 space. 

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