DeFi

THORChain

Although crypto market growth slowed in January, some projects are worse off than others. THORChain and Near Protocol have experienced significant declines, while Meme Moguls increased in value. Now, as it continues to outperform the market, experts predict that Meme Moguls will hit another all-time high before its presale finishes at the end of February.&nbsp;
<h2 id="span-style-font-weight-400-thorchain-prepares-for-blockchain-hackathon-span">THORChain Prepares For Blockchain Hackathon&nbsp;</h2>
THORChain faced a steep correction in January. In just 30 days, its value crashed by 18%, causing THORChain’s daily trading volume to plummet. However, the altcoin is bouncing back as investors get excited about ETHDenver, during which THORChain will sponsor several challenges and workshops.
This event is expected to help attract more attention to the THORChain ecosystem, which could help to drive up THORChain’s value in Q1. At the time of writing, THORChain was trading at $4.55, up 12.5% over the last week.&nbsp;
According to bullish predictions, THORChain’s price could increase to $5 after the event. This bull run could push THORChain to $6, its highest value since the start of January.&nbsp;
<h2 id="span-style-font-weight-400-near-protocol-could-surge-following-ecosystem-developments-span">Near Protocol Could Surge Following Ecosystem Developments</h2>
Near Protocol crashed by 28% in January, though the project has experienced a minor recovery over the last week. In the last 7 days, Near Protocol’s value has increased by 6.24%, taking its value to $2.83.
Near Protocol could experience several price rallies over the next quarter as the altcoin begins to implement new developments. Firstly, phase 2 of its Nightshade sharding roadmap is planned for early 2024. This update will significantly improve Near Protocol’s scalability and transaction throughput.&nbsp;
Furthermore, Near Protocol plans to implement its stateless validation upgrade, which would further enhance the protocol’s efficiency and security. These developments could drive up Near Protocol’s price if they’re successfully implemented.&nbsp;
<h2 id="span-style-font-weight-400-meme-moguls-stands-out-with-its-unique-trading-feature-span">Meme Moguls Stands Out With Its Unique Trading Feature&nbsp;</h2>
<a href="https://mememoguls.com/" rel="noopener noreferrer nofollow">Meme Moguls</a> has remained strong during the recent bear run. Its value is up 90% during its presale, and the new altcoin has almost raised $2 million. With the project’s presale set to finish at the end of February, experts believe that its native token, $MGLS, is on the verge of a significant price rally.&nbsp;
Meme Moguls stands apart from other DeFi projects with its innovative trading platform. This platform will showcase a unique virtual stock market where investors can trade meme assets and build a portfolio. Over the next few weeks, developers plan to showcase the project’s first game preview, where investors will have the chance to look at what’s to come.&nbsp;
As the first project of its kind, <a href="https://mememoguls.com/" rel="noopener noreferrer nofollow">Meme Moguls</a> has managed to catch the attention of several high-profile crypto analysts, who predict that its token could increase 100x in 2024. This would make Meme Moguls one of the world’s top-performing cryptocurrencies, and could put Meme Moguls in the top 100 cryptocurrencies by market cap.&nbsp;
Meme Moguls tokens are selling out fast during stage five of its presale. Tokens are selling at $0.0036 and will increase to $0.0042 once stage five sells out. The development team is now gearing up to list on Uniswap, and the Meme Moguls game will have a test launch on the 11th of March.&nbsp;
For more information about the Meme Moguls (MGLS) Presale:&nbsp;
<a href="https://mememoguls.com/" rel="noopener noreferrer nofollow">Visit Meme Moguls</a> | <a href="https://t.me/Mememogulsofficial" rel="noopener noreferrer nofollow">Join the Community</a>
The post <a href="https://thecoinrise.com/unique-meme-trading-feature-of-meme-moguls-sparks-bull-run-amid-recent-thorchain-and-near-protocol-pump/" rel="noopener noreferrer nofollow">Unique Meme Trading Feature of Meme Moguls Sparks Bull Run Amid Recent THORChain and Near Protocol Pump</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Unique Meme Trading Feature of Meme Moguls Sparks Bull Run Amid Recent THORChain and Near Protocol Pump

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