$100 Million in XRP Moved from Co-Founder’s Wallet, Can Meme Moguls (MGLS) Succeed While Solana (SOL) Shows Signs of Uptrend?

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A report making waves in the crypto industry, according to the sponsored content poster, the theft of $100 million worth of On the other hand, Solana is showing signs of a slight bullish revival despite the decline in price value. Meme Moguls (MGLS), a new project with an uncertain future, is wondered whether it will be successful or not.

Are Meme Moguls (MGLS) Acceptable?

According to the sponsored content poster, the increasing potential shown by the Meme Moguls (MGLS) token, whose future is uncertain during its pre-sale, may have a chance to rise if it can receive listing approval on Uniswap and other exchanges. The project is new and its future is uncertain and there is a risk of investment loss.

According to the project, more than 3,700 people purchased the token and it is said that more people participate every day. Both XRP and Solana token holders are seeking information about the Meme Moguls project and team ahead of what analysts say is the end of the presale on February 28. It is unknown whether the project will be successful or not. Investment carries the risk of loss.

For context, MGLS, an ERC20 token, is the native utility token of Meme Moguls. The platform allegedly wants to create a Play-to-Earn (P2E) gaming ecosystem where meme assets can be traded in a stock market-style environment with real-life market data, although it is not certain that it may fail.

The future of the MGLS token is wondered, and it is reported that it is sold at a price point of only $ 0.0036. It is wondered whether it will be able to survive in 2024 and whether its team will remain loyal. The project is new and its future is uncertain.

Does XRP Worth $100 Million Stolen from the Wallet of the Founding Partner of XRP (XRP) Affect the Price?

Recently, a hacking attempt was made against the personal wallet of XRP (XRP) co-founder Chris Larson. The hacking attempt resulted in $100 million worth of XRP tokens being moved from his wallet to other crypto addresses on various exchanges. As a result, the XRP price has fallen further after already being in a 20% bear trend over the past month.

In response to this development, Chris LarsonHe assured XRP holders on Twitter that their portfolios were safe and that the breach only occurred in his personal wallet, contrary to previous reports.

Solana (SOL) Revitalizes After Fall From All-Year Price Top

Towards the end of December, Solana (SOL) reached its all-time price peak for the year at $113. However, Solana’s price started to decline, falling below the $100 mark, according to data from CoinMarketCap. While Solana’s bear trend continued in mid-January, the token is now experiencing a price revival, gaining 7% in the last week.

Meanwhile, Solana trading volume continues to fluctuate between growth and decline, which could indicate an uncertain price reversal in the coming weeks. Still, analysts claim Solana can be bought and HODLed for long-term profit

Click to review the Meme Moguls token.

*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!


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