Ethereum

Convergence

Rise

Passive Income

Divergence

<p>The post <a href="https://coinpedia.org/press-release/ethereum-projected-to-rise-above-4000-will-meme-moguls-keep-up/" rel="noopener noreferrer nofollow">Ethereum (ETH) Projected to Rise Above $4,000 – Will Meme Moguls (MGLS) Keep Up?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The price of the Ethereum (ETH) cryptocurrency, used for powering the smart-contract-enabled Layer-1 network, has been pushing higher. This has been the result of a favourable macro backdrop and as investors start looking ahead to the major upcoming “Dencun” upgrade. This update will introduce a new data storage capacity, and as a result, it has been a major point of appeal.&nbsp;</p>
<p>Yet, Meme Moguls (MGLS) has also been a major gainer due to its innovative approach. Today, we will look at both to see just how far they can rise and which is the best cryptocurrency to invest in.</p>
<h2 class="wp-block-heading" id="h-ethereum-eth-showcases-bullish-formation-price-to-reach-4-056-67-in-2024">Ethereum (ETH) Showcases Bullish Formation – Price to Reach $4,056.67 in 2024</h2>
<p>Ethereum (ETH) reached significant gains during the past year, as the total price increased by 98%. In the past week, Ethereum moved up in value from $2,194.20 to $2,430.84.</p>
<p>According to the ETH on-chart data, the price validated the inverse head and shoulder formation, indicating a bullish pattern. Three consecutive lows form this pattern, along with two intermediate highs.&nbsp;</p>
<p>The first and third are called shoulders, which are located at the same level above the second low, the head. The pattern is completed when the right shoulder rises above the neckline, suggesting that further Ethereum rallying will be possible.&nbsp;</p>
<p>Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD) exhibit formations that leave room for bullishness. According to the <a href="https://www.coingecko.com/en/coins/ethereum" target="_blank" rel="noopener noreferrer nofollow">Ethereum price prediction</a>, it can spike to $4,056.67 in 2024.</p>
<h2 class="wp-block-heading" id="h-meme-moguls-mgls-to-feature-staking-pools-for-passive-income">Meme Moguls (MGLS) to Feature Staking Pools for Passive Income</h2>
<p><a href="https://pr.mememoguls.com/1n2kus" target="_blank" rel="noopener noreferrer nofollow">Meme Moguls (MGLS)</a> is an upcoming platform that will introduce play-to-earn (P2E) elements in its ecosystem. It will introduce a unique approach where the trading knowledge of each player will be enriched. This will enable anyone to monetize the time they spend on the platform. It’s built on top of Ethereum and can offer high security.</p>
<p>In the beginning, every player starts with&nbsp; $100,000 in virtual currency. They can only use 20% on a single trade to better simulate real-world trading. Each one of them can then set up tournaments and even compete in a simulated investing game.&nbsp;</p>
<p>To get more of the MGLS crypto, each player needs to contribute towards the Meme Moguls staking pool. This way, they can become eligible for rewards based on the pull share and the annual return percentage.&nbsp;</p>
<p>Each player can also unlock exclusive rewards, such as special privileges and unique NFTs, to enhance their trading experience and showcase their achievements.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Major Milestone Achieved! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 1M Raised! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"> A huge thank you to our incredible moguls for making this happen! <br><br>Your passion is turning dreams into reality. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4af.png" alt="💯" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Let's keep this momentum going!<a href="https://twitter.com/hashtag/memecoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#memecoins</a> <a href="https://t.co/L6tcJ1hUVJ" rel="noopener noreferrer nofollow">pic.twitter.com/L6tcJ1hUVJ</a></p>— Meme Moguls (@meme_moguls) <a href="https://twitter.com/meme_moguls/status/1740366098275385464?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 28, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Currently, during its crypto ICO, the project is at Stage 3, where a single token trades for $0.0025. At launch, it can surge as high as 100x. The presale has already generated $1 million, paving the way for further growth. These aspects make it the best cryptocurrency to invest in.</p>
<h3 class="wp-block-heading" id="h-summary">Summary</h3>
<p>Aside from Ethereum’s prospects, <a href="https://coinpedia.org/press-release/meme-moguls-to-outshine-bonk-as-highest-trending-meme-coin/" target="_blank" rel="noopener noreferrer nofollow">Meme Moguls</a> is pushing through its crypto ICO on a rapid basis. With its rapid upswing in appeal and vast ecosystem, coupled with earning opportunities, it can dominate the market in the upcoming months.&nbsp;</p>
<p><a href="https://pr.mememoguls.com/1n2kus" target="_blank" rel="noopener noreferrer nofollow">Visit Meme Moguls</a></p>

Ethereum (ETH) Projected to Rise Above $4,000 – Will Meme Moguls (MGLS) Keep Up?

Table of Contents

CoinPedia News

Other articles published on Jan 3, 2024

CBN Modifies Crypto Policy: Restricts Cash Withdrawals, Imposes Tight Transaction Rules

SuperEx 2023 Review | Along the Way, We’ve Reaped Abundant Fruits

Solana-Based Jupiter to Distribute 1 Billion JUP Tokens in Upcoming Airdrop

With Governance Features, Web3 Social Platforms Will Avoid The Woes of Twitter

Michael Saylor and Coinbase Insiders Are Selling Stock: Is a Crypto Correction Imminent?

How the Rivalry for Spot Bitcoin ETF Approval Has Intensified

Join our free newsletter for daily crypto updates!