The post Analysts Pick the Top 3 Cryptos Destined To Create Millionaires in 2024 – Here Are Their Picks appeared first on Coinpedia Fintech News
Cryptocurrencies have taken the financial world by storm, and investors continually seek the next big opportunity. According to market analysts, Celestia (TIA), Dogecoin (DOGE), and Meme Moguls (MGLS) stand out among thousands of DeFi coins. While TIA and DOGE are already established players, MGLS is a Stage 2 presale project that has already raised $599,400 so far. Some experts even hint at a potential 100x surge for it in 2024. Let’s see why.
Celestia (TIA): Joining the Arbitrum Orbit Ecosystem
Celestia (TIA) recently announced that it will join the Arbitrum Orbit ecosystem. In other words, users can now deploy an Orbit chain on Arbitrum Sepolia with Celestia as the modular data availability. After this bullish Celestia news, its value increased from $12.77 on December 19 to $13.38 on December 20.
From a technical perspective, this bullish trend may continue as the Celestia coin now has a Fear & Greed index rating of 74 (Greed). Moreover, there are currently 12 technical indicators showing bullish signs for Celestia.
Because of these factors, experts forecast the Celestia price will reach $19.67 within Q1 of 2024. This prediction makes Celestia a good DeFi token to monitor.
How High Can Dogecoin Go?
According to Crypto Tony analyst, Dogecoin (DOGE) may experience a pump this Christmas. He believes this surge will occur once it clears the $0.106 level. Over the past month, the Dogecoin price has increased from $0.081 on November 20 to $0.090 on December 20.
The technical analysis for Dogecoin also shows positive signs, as it recorded 18/30 (60%) green trading days over the last month. This DeFi coin price is now sitting above its 100 and 200-day EMAs.
Market analysts have taken note of these factors when making their Dogecoin price predictions. They forecast a potential surge to $0.1624 within Q2 of 2024.
Meme Moguls (MGLS): A $20,000 Mega Giveaway
Meanwhile, Meme Moguls (MGLS) has been making headlines recently as it announced a new $20,000 giveaway. To participate in this giveaway, you must hold the MGLS token, stay active on Zealy, and boost your engagement. This development has caused an increase in demand for this DeFi project, which aims to revolutionize the meme coin market.
It will accomplish this by creating a one-of-a-kind P2E game where you can learn more about investing and building wealth. You may even participate in free and paid trading competitions to earn cash prizes and collect unique meme assets like Dogecoin, Pepe, etc.
While this P2E game is the heart of this project, the Meme Moguls team will also incorporate these components into its ecosystem:
- Moguls World: A metaverse experience where you can connect and interact with other traders, join liquidity pools, and more.
- Staking: This allows you to obtain more MGLS tokens by contributing your existing tokens to Meme Mogul’s staking pool.
The MGLS utility token is the key behind all these features. It will bring governance voting rights and staking rewards to holders. It is in Stage 2 of its presale with one MGLS token valued at only $0.0023. However, demand is sky-high as millions of tokens have been sold already, and early buyers experienced a 21% ROI.
Since Meme Moguls taps into the meme industry, which Statista projects will reach a value of $6.1B by 2025, its long-term growth potential is outstanding. Analysts believe that MGLS may hit the $0.19 level in 2024 – a 100x ROI for those who buy it now. Sign up below to capitalize on this growth and earn a 30% deposit bonus.
Conclusion
Analysts have conducted in-depth evaluations and believe all three of these tokens will surge. However, Celestia and Dogecoin may face some challenges due to their high market caps of $1.9B and $12.9B. A significant pump would be difficult as a large influx of new funds is needed.
But, Meme Moguls will not have this issue as its market cap is $6.9M. As a result, MGLS is one of the top DeFi coins right now.
Learn more about the $MGLS here: