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In December, crypto investors were disappointed with IOTA and Kaspa. While IOTA has become one of the market’s worst-performing cryptocurrencies, Kaspa’s growth has slowed significantly. While investors are now looking for alternative investment opportunities, Meme Moguls, a new project with an uncertain future, conveys the team that has begun to attract attention. Experts predict that the value of the project may experience a certain increase in 2024, which, according to the team, quickly put the project on the radar of crypto experts.
Kaspa Growth Slows Down in December
Before the fourth quarter of 2023, Kaspa had become a huge hit. Its value increased by more than 1550%, attracting thousands of new investors as a result. This rise continued into December, with more than 40,000 new wallets purchasing Kaspa in just six days.
Prior to this increase, Kaspa had announced partnerships with several companies, including Carbon Browser, which has more than 7 million users. However, despite a strong start, Kaspa’s growth slowed.
Over the last 7 days, Kaspa’s price dropped 4.45% to $0.1245, killing the excitement around the project. Kaspa’s daily trading volume took a big hit, dropping to just $45 million, making Kaspa the 132nd ranked cryptocurrency by trading volume.
IOTA Lost Profits in November
The value of IOTA, which had a strong performance in November, started to decline in the last two weeks. After encountering several resistance levels, the project failed to grow and lost value.
IOTA is now following a bear market pattern, moving back to the previous 200-EMA level, which is currently acting as a support. According to analysts, this decline shows that IOTA is currently oversold, causing many investors to sell their IOTA shares.
Some experts believe that IOTA is currently in a correction phase and will recover soon. However, not everyone is sure about this, although it has only increased by 4.84% in the last week. At the time of writing, IOTA was trading at $0.3025 and daily trading volume increased by 12% to $113 million.
Meme Moguls Are Examined for Possibility of Growth
Meme Moguls’ pre-sale is stated to be a big hit for thousands of investors looking for new opportunities in the DeFi market. The first phase of pre-sale sold out within weeks, and the second phase is reported to have sold out quickly.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Meme Moguls is a new P2E DeFi game that uses memes and investing for a unique, innovative experience. Unlike other memecoins, its native token $MGLS offers excellent functionality and will play an important role in an exciting new ecosystem. It is believed that $MGLS, which has attracted the attention of experts, may increase if it is successful in the next 12 months.
MOGULS!! 🔥
Are you ready to change the landscape? 🧑‍🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
— Meme Moguls (@meme_moguls) December 8, 2023
The Meme Moguls game aims to be a meme stock market where players can learn to invest and accumulate wealth. Offering a fun take on traditional investing, the game offers games like “Beat the Market” where investors can compete against the best index funds. Players can also compete for prizes, interact with other players, and discuss the latest market trends.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Meme Moguls is currently in phase 2 of its presale, with tokens selling for $0.0023. During the pre-sale, one active community member will win a $10,000 raffle as each round sells out, and early investors can profit from successive price increases as Meme Moguls continues to gain traction.
Click Meme Moguls to review the token.