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<div class="cryptonews">
 <p class="is-style-lead">Bitcoin (BTC) generally leads the way in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> bull runs, and 2023 is no different, with the “digital gold” doubling to a recent peak of $37,000. Such a run has <a rel="noopener noreferrer nofollow" title="analysts" href="https://thebittimes.com/tag/analysts.html">analysts</a> predicting that gains from Bitcoin will flow to other altcoins like Polkadot (DOT) and Meme Moguls (MGLS).</p>
 <h2 class="wp-block-heading" id="bitcoin-is-setting-the-crypto-pace">Bitcoin is setting the crypto pace</h2>
 <p>Unsurprisingly, Bitcoin (BTC) is leading the current crypto wave. The crypto king usually moves first as investors flock to the most established asset during bull runs.&nbsp;</p>
 <p>Nonetheless, this cycle is slightly different. The potential for a spot Bitcoin exchange-traded fund (ETF) could mean institutional investors finally accepting Bitcoin.&nbsp;</p>
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 <p>The Bitcoin price has been rallying, spurred by this fundamental shift, with traders betting on increased demand for the digital asset.&nbsp;</p>
 <p>The current price of $37,000 represents a break of the $30,000-$32,000 resistance zone, which had suppressed the Bitcoin price since May 2022.&nbsp;</p>
 <p>Moreover, the Bitcoin halving expected in 2024 will cut BTC miner rewards by half, possibly driving the coin’s demand up and supporting prices.&nbsp;</p>
 <h2 class="wp-block-heading" id="polkadot-turning-bullish">Polkadot turning bullish</h2>
 <p>Polkadot facilitates communication between different blockchains. Its native currency, DOT, is crucial in governance and staking.&nbsp;</p>
 <p>During the 2021 bull run, DOT surged 10X in just four months. However, DOT prices plummeted from a high of $55 to $3.55 in October 2023. Despite this, <a rel="noopener noreferrer nofollow" title="analysts" href="https://thebittimes.com/tag/analysts.html">analysts</a> remain optimistic about the coin’s potential for 2024.</p>
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 <p>Firstly, DOT prices broke out of a descending triangle on the weekly chart, indicating a bullish trend reversal. As a result, <a rel="noopener noreferrer nofollow" title="analysts" href="https://thebittimes.com/tag/analysts.html">analysts</a> predict that Polkadot’s horizontal resistances at $8.00 and $10.00 will be tested soon.</p>
 <p>Secondly, Cardano announced that it will use the Polkadot SDK for interoperability, indicating Polkadot’s uniqueness.</p>
 <p>In the last seven days alone, DOT has surged by 16%, and analysts predict DOT could reach $72 in the coming years.&nbsp;</p>
 <h2 class="wp-block-heading" id="meme-moguls-aiming-to-ride-higher">Meme Moguls aiming to ride higher</h2>
 <p>The impressive gains made by Shiba Inu in 2021 and PEPE in 2023 could serve as primers for&nbsp;Meme Moguls&nbsp;in 2024. Meme coins are popular primarily due to their volatility.</p>
 <p>Meme Moguls aims to reshape the meme coin landscape by introducing a decentralized trading platform where memes are traded like stocks.&nbsp;</p>
 <p>Users can buy, sell, and trade memes using the platform’s native token, MGLS.</p>
 <p>Meme Moguls is building an ecosystem of products comprising Moguls Casino, Moguls Exchange Trading Platform, Moguls Fantasy Trader, and a metaverse called Mogul Land.</p>
 <p>The economic model of Meme Moguls revolves around rewards. A staking mechanism incentivizes users to hold and utilize MGLS tokens.&nbsp;</p>
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 <p>In addition, non-fungible token (NFT) rewards are given to players who excel in gameplay or complete tasks within the platform. The team announced a $10,000 giveaway to X’s most active presale participants.</p>
 <p>Due to its exciting developments, <a rel="noopener noreferrer nofollow" title="analysts" href="https://thebittimes.com/tag/analysts.html">analysts</a> predict that Meme Moguls could join the ranks of PEPE, Shiba Inu, and Dogecoin.&nbsp;</p>
 <p>A PEPE holder turned a $250 investment into $1.02 million within four days, and analysts believe Meme Moguls could follow a similar trajectory.</p>
 <p>In phase 1 of the ongoing presale, MGLS is available for $0.0019.&nbsp;&nbsp;</p>
 <p><strong>Visit Meme Moguls</strong></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-leading-crypto-charge-analysts-upbeat-on-polkadot-and-meme-moguls-in-2024-tbt71180.html">https://thebittimes.com/bitcoin-leading-crypto-charge-analysts-upbeat-on-polkadot-and-meme-moguls-in-2024-tbt71180.html</a></p>

Bitcoin leading crypto charge, analysts upbeat on Polkadot and Meme Moguls in 2024

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