Amid the flurry of activities in the crypto market, experts take an analytical look at the price movements of defi coins such as Osmosis (OSMO) and EOS (EOS). Meanwhile, Meme Moguls (MGLS) is recording an increase in the number of investors joining the project even as the presale end draws closer. The project has already set the groundwork for listing on the Uniswap exchange, with crypto enthusiasts picking it as one of the best meme coins to buy at the moment. More details below.
Experts Project Over 350% Growth for Meme Moguls (MGLS) Within the Year
Following a hugely successful presale so far for Meme Moguls (MGLS), experts are predicting a significant price surge for the token within the year. For context, Meme Moguls have raised over $2.5 million so far, with over 4,000 investors joining the project. Notably, early investors are already recording up to 90% ROI even before the launch of the meme coin.
Meanwhile, the Meme Moguls as a platform is where community members can trade meme assets in an immersive fantasy gameplay using real-time market data. As a play-to-earn platform, members will earn coins, NFTs, and other collectibles that can be traded for income. Moreover, the platform presents an opportunity to compete against other members on the platforms while also sharing insights and exciting social interactions.
There’s still an opportunity to gain from the projected 350% price gain by simply buying the presale now before it closes on February 28. Presale investors will also get a 30% deposit bonus when they buy the MGLS token before the end of the presale. Investors can leverage the opportunity by buying the MGLS token, which is sold for only $0.0036. Over 100M tokens have been sold with more investors buying the token daily while positioning for the potential price surge.
Analysts have projected a massive rally when the project is launched. This makes MGLS one of the best meme coins to buy now ahead of Osmosis and EOS for investors looking to make huge gains in the year. As part of its mission to give back to the community, the Meme Moguls platform gives out $10,000 worth of MGLS tokens at every stage of the presale to users who complete certain tasks on Zealy. It is an avenue for getting free tokens. The platform is gearing towards listing the token on other tier 1 exchanges in the coming weeks. Meanwhile, at the end of the presale, the unpurchased tokens will be used for in-game earnings and rewards, while the surplus tokens will be burned before the tokens listing.
Osmosis (OSMO) Shows Bear Signals as Trading Volume Fluctuates
The Osmosis (OSMO) price trend of the recent week has displayed bearish signals. As seen from the price chart from CoinMarketCap, the token price has slightly declined by 4% in the past 7 days. The dip in price is followed by a fluctuating trading volume for Osmosis, resulting in an increased chance of a further bear trend.
Meanwhile, it is worth noting that the Osmosis price metric over the last year is showing over 50% price gain. As such, the recent bear signals will be characterized as short-term. Nonetheless, if the buyers fail to dominate in the coming days, the Osmosis token’s recent downturn will likely continue for the remainder of February.
EOS (EOS) Experience Price Retracement Amid Rallying Signal
The EOS (EOS) token has been on a positive trajectory over the last month. As per market stats, the top defi coin has gained over 15% within the last month in a show of bullish sentiment. However, the EOS price chart of the past week didn’t show any significant price gains, signaling a price retracement in sight.
Meanwhile, the EOS token is looking to cover lost grounds over the year, given that its price has declined by over 36% in a year-to-date price metric. At the current trajectory, a price resurgence for EOS may be far-fetched, having displayed inconsistent rallying signals in recent weeks.