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In a&nbsp;<a target="_blank" href="https://youtu.be/v-X2NmKwnmM" rel="noopener noreferrer nofollow">recent YouTube video</a>, a crypto analyst predicted that the “crypto market cycle is accelerating into an intense altcoin season soon.” As a result, investors have been doubling down on altcoins, actively exploring Polkadot (DOT), Meme Moguls (MGLS), and Solana (SOL).
<h2 class="wp-block-heading" id="polkadot-expands-on-rising-network-activity">Polkadot expands on rising network activity</h2>
Polkadot has seen a notable increase in user engagement, with the number of new addresses created daily hitting its highest point this year, as The Block data dashboard reported.
The Polkadot network experienced the&nbsp;<a href="https://x.com/Flowslikeosmo/status/1740145567765045611?s=20" target="_blank" rel="noopener noreferrer nofollow">highest activity</a>&nbsp;of 2023 on Christmas Day, with 7,120 created. This rise indicates a growing interest in Polkadot.&nbsp;
You might also like: <a href="https://crypto.news/polkadots-web3-foundation-to-put-1m-in-u-s-tokenized-treasury-bills-dot-jumps-6/" rel="noopener noreferrer nofollow"> Polkadot’s Web3 Foundation to put $1m in US tokenized treasury bills, DOT jumps 6% </a>
The Block’s data showed a 258% increase in creating new addresses from December 1st to 26th.
Similarly, the daily number of transactions has increased by about 21,000% within this timeframe.&nbsp;
Meanwhile, this increased network activity has positively affected Polkadot’s price.&nbsp;
According to&nbsp;<a target="_blank" href="https://coinmarketcap.com/currencies/polkadot-new/" rel="noopener noreferrer nofollow">CoinMarketCap</a>, DOT rose by over 62.3% in December, reaching $9.51.
<h2 class="wp-block-heading" id="solana-price-prediction-for-2024">Solana price prediction for 2024</h2>
In the past two months, SOL has been steadily growing.&nbsp;
As per&nbsp;<a target="_blank" href="https://coinmarketcap.com/currencies/solana/" rel="noopener noreferrer nofollow">CoinMarketCap</a>, SOL rose by over 500% in two months.
Even though <a href="https://crypto.news/etherscan-acquires-solana-blockchain-explorer-solscan/" data-type="post" data-id="14233900" rel="noopener noreferrer nofollow">Solana</a> is still far from its all-time high of $246.67, it has steadily recovered from 2022 lows, rising above $100 for the first time in 2023.&nbsp;
For this reason, Solana rose to become a top-5 crypto asset.
Market analysts expect SOL to reach $349 in 2024.
<h2 class="wp-block-heading" id="meme-moguls-is-being-explored">Meme Moguls is being explored</h2>
Apart from Polkadot and Solana, investors are also considering&nbsp;<a target="_blank" href="https://pr.mememoguls.com/111ih5" rel="noopener noreferrer nofollow">Meme Moguls</a>.&nbsp;
Meme Moguls aims to provide a pleasant environment for meme fans and gamers to socialize and play games.
The “wealth leaderboard” is a crucial component of Meme Moguls.&nbsp;
The top 20 players in this game receive a part of the daily revenues as cash rewards, encouraging friendly rivalry.&nbsp;
Players advance up the leaderboard by taking part in numerous events and tournaments. This strategy results in an engaging and dynamic gaming environment.
You might also like: <a href="https://crypto.news/andre-dragosch-says-ethereum-will-outperform-bitcoin-in-2024-analysts-forecast-meme-moguls-prices/" rel="noopener noreferrer nofollow"> André Dragosch says Ethereum will outperform Bitcoin in 2024; analysts forecast Meme Moguls prices </a>
Meme Moguls also hosts trading tournaments, some free and some with entry fees. Participants compete for cash and unique meme collectibles in tournaments like the popular Pepe.&nbsp;
Players can collect and sell these rare meme items in the marketplace. Here, users can even exchange gaming assets for cash.
Meme Moguls allows users to buy and sell unique NFT characters, which improves their trading powers.&nbsp;
The more rare the NFT is, the greater the trading benefits, such as increased leverage and spreads.
Meme Moguls ERC-20 token, MGLS, is trading for $0.0027 in the presale. However, analysts are bullish, expecting more gains in the months ahead.
<h2 class="wp-block-heading" id="conclusion">Conclusion&nbsp;</h2>
With the crypto bull market on the way, analysts are bullish that altcoins will lead. Ahead of this, investors have been watching Polkadot, Meme Moguls, and Solana.
For more information about the Meme Moguls (MGLS) Presale:&nbsp;
<a href="https://pr.mememoguls.com/111ih5" target="_blank" rel="noopener noreferrer nofollow">Visit Meme Moguls</a>&nbsp;|&nbsp;<a href="https://t.me/Mememogulsofficial" target="_blank" rel="noopener noreferrer nofollow">Join the Community</a>
Read more: <a href="https://crypto.news/concerns-ahead-of-bitcoin-halving-btc-holders-considering-cardano-and-meme-moguls/" rel="noopener noreferrer nofollow"> Concerns ahead of Bitcoin halving, BTC holders considering Cardano And Meme Moguls </a>
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Analyst predicts altcoin rally, investors accumulating Polkadot, Meme Moguls, and Solana

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