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Bitcoin Spot ETF news has taken the crypto world by storm over the past few months. In October, news of a fake Bitcoin spot ETF launch sparked a massive price rally for Bitcoin and altcoins. The 2 cryptocurrencies analysts have chosen to take flight on the news of another Bitcoin Spot ETF and the newly launched meme coin (Meme Moguls) are Chainlink, Meme Moguls and Ripple.
Chainlink (LINK) On-Chain Data Confirms Uptrend
Chainlink price on November 9 with a peak of 2023 for $16 reached, but faced selling pressure from bears. On-chain data shows that Chainlink holders have a positive outlook. On November 9, the number of active Chainlink addresses rose to 9,630, a 2023 high.
This figure remained above 5,000 addresses. This helped the Chainlink token maintain the $14 support level. According to Chainlink CoinMarketCap information, after LINK rose 5% on November 15 $15.06 worth.
Chainlink market cap and transaction volume increased by 5.5% and 12.9% respectively. The coin has recorded 20 greens with a price volatility of 22.22% in 30 days. According to Coincodex’s Chainlink forecast, Chainlink crypto price will increase by 3.77%. 15.55 It is estimated that it will reach USD.
Analyst Says Ripple (XRP) Will Reach $2.40
Ripple’s XRP recently faced major resistance after breaking the $0.720 level. Attempts to surpass the $0.750 barrier failed and led to a price correction. Ripple price declined below $0.700 and even the critical $0.650 pivot level.
RippleThere was bullish activity near the $0.600 region, which resulted in a price reversal. According to CoinMarketCap, Ripple’s price $0.63It is traded from. Market capitalization and trading volume fell by 3% and 44%.
Market analysts are still bullish on Ripple coin. The upcoming Ripple SEC lawsuit also leans in Ripple’s favor. Being a crypto analyst Tony “The Bull”“, Ripple cryptocurrency will be expected in the coming weeks for $2.40 He believes it will rise.
Meme Moguls (MGLS) Prepares for a 1,000% Price Increase
The new project, Meme Moguls, if it can be successful, is a platform that aims to combine memes and cryptocurrency trading. The coin’s ecosystem has various components. There is a Moguls area where meme enthusiasts can play games using meme-related assets and MGLS tokens.
The ecosystem also includes the Moguls Exchange Trading Platform, which facilitates trading of meme-based assets. Meme Moguls Fantasy Trader section is also available and offers friendly competition with attractive prizes.
And finally, there’s Mogul Land, an engaging virtual world where players can connect with others, mine, and deposit tokens. Meme enthusiasts for various reasons Meme MogulsIt’s flocking to . inspired by memes offers a wide variety of assets. This allows users to stay updated with meme trends for informed trading decisions.
Active community members will receive special rewards and valuable NFTs. These NFTs can be traded on Opensea. The platform also guarantees an exciting gaming experience with competitions and tournaments. As of now, the price of $MGLS tokens is during pre-sale. $0.0019 It is at the level. If the project can be successful, analysts say in the coming months A 1,000% price increase predicts.
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