Cardano (ADA) News Suggests Price Rally as Kaspa (KAS) Price Holds Steady, Whales Flock To Meme Moguls (MGLS)
In this article, we look at what Cardano (ADA) news could be about to spark a rally, what the future holds for Kaspa (KAS) after such a good year, and why whales are flocking to invest in Meme Moguls (MGLS). Let's take a closer look!
In this article, we look at what Cardano (ADA) news could be about to spark a rally, what the future holds for Kaspa (KAS) after such a good year, and why whales are flocking to invest in Meme Moguls (MGLS). Let’s take a closer look!
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Cardano is a smart contract platform built on the back of peer-reviewed research and developed by a team of scientists. It has been a slow development process, but Cardano looks close to achieving its vision and is 100% ready after completing the Voltaire era.
Voltaire will transform the network into a self-sufficient ecosystem by introducing a sophisticated voting and treasury system. ADA stakeholders and voters will then have a huge influence over the network’s future direction and development. The launch of SanchoNet — a testnet for Voltaire — this month is a significant milestone and a key step towards reaching this goal.
According to data from Messari, there has been a significant shift in Cardano’s Total Value Locked (TVL) ranking. It rose from the 34th position at the onset of 2023 to the 15th, highlighting its growing prominence. Furthermore, the network completed Project Catalyst Fund10, which funded 192 projects directly from the Cardano Treasury.
Gregaard, a leading executive at Cardano, anticipates its adoption by various nation-states. He can see a future where Cardano is used in international trade, industry, voting systems, and other sectors. Such bullish commentary suggests that the price of ADA could continue its upward trend, and it already hints at breaking the $0.40 resistance level.
Meme Moguls (MGLS): Blending Memes with Stock Market Trading
Meme Moguls is a unique platform that combines memes and stock market trading. Users can create, buy, sell, and trade meme-based assets in a decentralized marketplace. This innovative concept has captured the attention of many, including whale investors who are rushing to buy MGLS tokens during the ongoing presale event.
Meme Moguls will feature a diverse ecosystem to cater to various interests. One key component is the Moguls Casino, where users can profit from gaming experiences. Another exciting element is Mogul Land, a Metaverse environment where users can engage in activities like token mining, joining liquidity pools, and participating in staking.
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🔹 0xda251891e21e6edb0e6828e77621c7b98ea4e8ba
ALWAYS. VERIFY. pic.twitter.com/5ui7MPkI5Y
— Meme Moguls (@meme_moguls) November 20, 2023
But to get the most from the ecosystem, the MGLS token is essential. It serves as the primary medium of exchange and governance within the platform. By holding MGLS, users can access exclusive features, participate in community votes, and stake MGLS for even greater rewards.
One of the most notable rewards with Meme Moguls is the financial giveaway. Meme Moguls has announced a $10,000 giveaway to a lucky user at the end of each presale stage, incentivizing early investment and participation.
MGLS tokens are valued at $0.0021 during the first round of presale and have already received significant investment from whale investors. With the hype around Meme Moguls and its innovative concept, some analysts are predicting 100x growth from here until it hits Uniswap.
KASPA (KAS): Sustaining Growth and Achieving Real-World Adoption
While the altcoin market has taken a breather over the last few years, Kaspa surged by more than 200x as it established itself as a serious contender to Ethereum’s reign. Kaspa is a PoW smart contract platform that is quicker than anything else out there. So when Ethereum turned into Pos blockchain, Kaspa picked up the slack and became a leading alternative.
To highlight just how much Kaspa is pumping, it started the year at $0.0047 but has recently peaked at $0.16 in November. Such momentum has seen massive interest in Kaspa, with whales flocking to this altcoin as they seek to capitalize on its skyrocketing value.
It’s now time for Kaspa to show real-world adoption if it wants to sustain a billion-dollar market cap. The GhostDAG protocol sounds impressive, but how much traction the developers can gain will decide whether Kaspa is here to stay or just another passing phase.
The current price of $0.1374 shows that Kaspa is holding firm after a long bull run. The $0.10 level should act as support should the price drop that low, but the bullish momentum indicates that we could see a price hike within the next few weeks.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Buy presale: https://app.mememoguls.com/sign-up
Twitter: https://twitter.com/meme_moguls
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