The post Ali Martinez Gives Mixed Dogecoin Future Signals, Floki Inu Climbs 295%, Meme Moguls Introduces P2E Elements to the Meme Coin Sector appeared first on Coinpedia Fintech News
A Dogecoin (DOGE) sell signal has appeared on the weekly chart, according to major crypto analyst Ali Martinez. However, the crypto can still recover and exceed expectations throughout the long term. Floki Inu (FLOKI) saw a major upswing during the past year that put it on the map as one of the largest meme coins, but it’s not alone.
Meme Moguls (MGLS) has showcased significant dominance with its presale momentum, as its unique approach and vast ecosystem are pushing it ahead of the competition. Today, we will uncover the best cryptocurrency to buy.
Floki Inu (FLOKI) Climbs 295% – Can Reach $0.000071 in 2024
Floki Inu (FLOKI) has become a favourite among investors as a meme-inspired token that initially gained prominence due to its unique appeal. It was named after Elon Musk’s dog and Viking character, which resulted in the creation of a strong community.
Recently, the interest in Floki Inu has gradually faded, but this did not stop its native crypto from growing. The Floki Inu token saw an upswing of 295% in the past year.
During the past week, the crypto traded between $0.00003608 and $0.00004247. The Floki Inu crypto has a market cap of $366,310,275 and an average trading volume of $25,501,412. According to the Floki Inu price prediction, it can reach $0.000071 by the end of 2024.
Dogecoin (DOGE) Has a Mixed Future According to Ali Martinez
Dogecoin (DOGE) recently saw a price correction phase, and crypto analyst Ali Martinez commented on the future of crypto. In the latest post on X (Twitter), he went over how the TD Sequential has flagged a sell signal. The Tom Demark (TD) sequential refers to an indicator in technical analysis used for finding points of probable tops and bottoms in any asset’s price.
There are two phases involved in the metric, where the candles of the same polarity are counted up to nine, and at the end of these nine candles, there’s a potential reversal point. The other is the countdown, which occurs as soon as the setup[ is complete. During the past week, Dogecoin moved from $0.090 to $0.0104.
According to the Dogecoin price prediction by Ali, a correction could see prices dip to $0.085 or even $0.078. If DOGE can surge above $0.11, the bearish scenario will be negated. For the time being, Dogecoin has gone up in value by 17.7% in the past 30 days and could move forward with its growth.
Meme Moguls (MGLS) to Introduce P2E Elements to the Meme Coin Sector
Meme Moguls (MGLS) is an upcoming P2E platform that will bring new earning opportunities to the meme coin sector, built on top of Ethereum. In it, anyone will be able to practice and improve their trading skills and strategies. Every player begins with $100,000 in virtual cash. They can only invest up to 20% on a single trade as a means of better stimulating real-world investment and diversification.
By climbing up the leaderboard, the players can reach a higher Moguls status that will provide them with additional benefits. To get more MGLS tokens, they can contribute the balance they have to the Meme Moguls staking pool, after which they will get fixed passive income opportunities.
There is also multi-asset staking, so they are not just limited to a single crypto. There will be a $10,000 reward for one lucky user who’s the most active on X (Twitter) at the end of each presale stage as well. Users can access rare NFTs that will provide them with enhanced trading capabilities.
Summary
While Dogecoin and Floki Inu are fighting to climb upwards, Meme Moguls is making significant waves among Web3 circles. During its current crypto ICO phase, the Meme Moguls crypto is trading at $0.0023, in Stage 2. At launch, it can surge in value significantly, fueled by the vast utility of MGLS coupled with the expansive ecosystem.
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