Investors want to see the big winners in Q1 of 2024. Currently, a few projects have stood out: Axie Infinity (AXS), The Sandbox (SAND), and Meme Moguls (MGLS). While AXS and SAND are well-established altcoins, MGLS is a Stage 5 presale star. Many analysts do, however, speculate that in 2024, this rookie might develop into the next 100x meme coin.
Axie Infinity (AXS): Continues Riding a Bullish Wave
Recently, Axie Infinity (AXS) has been showing bullish signs. As per CoinMarketCap data, the Axie Infinity price jumped from $6.87 to $7.86 in the past 30 days. During that time, its market cap has surged from $944M to $1.08B.
The technical analysis for this altcoin also paints a bullish picture, as 20 indicators show buy signals. Due to all these reasons, experts in the crypto field have made a bullish Axie Infinity price prediction. They foresee the Axie Infinity crypto reaching a value of $11.15 within Q1 of 2024.
The Sandbox (SAND): Bratz Partnership May Trigger Surge
Meanwhile, The Sandbox (SAND) has also made some headlines. Notably, The Sandbox announced that it launched the first game on Flickplay – Bratz. With this development, The Sandbox price may see a sudden surge. Over the past month, its value has increased from $0.42 to $0.49. Its market cap also grew from $944M to $1.11B in that period.
When looking at the technical analysis for this altcoin, it’s clear that this bullish trend may continue. In other words, there are now 23 green technical indicators for The Sandbox crypto. Because of these factors, market analysts predict a surge to $0.70 within Q1 of 2024 in their The Sandbox price predictions.
Meme Moguls (MGLS): To Dominate the Meme Coin Market
Meme Moguls (MGLS) is a meme coin with dual functionality. This unique meme coin is working as both an in-game currency and a governance token for the upcoming Meme Moguls game. The presale has already raised $2.5M and is now on pace to hit $3M in Stage 5 alone. It may reach this number as soon as next week as a 30% deposit bonus is now in effect.
The Meme Moguls game revolves around players attempting to climb the Wealth Leaderboards by wisely investing virtual money. The top 20 can also split a prize pool generated from Meme Moguls’ daily revenue.
At the heart of this game will lie the MGLS native token. This meme coin is worth just $0.0036 – a 90% growth from its starting price. However, experts believe 100x growth once it hits exchanges in Q1 of 2024 could be possible. Those looking to invest must do so before February 28th, when the presale ends.
Can Meme Moguls Outpace Axie Infinity and The Sandbox?
With a low market cap of $10.8M, Meme Moguls has the potential to outpace Axie Infinity and The Sandbox. To clarify, MGLS needs fewer funds to make the meme coin surge. With its presale already being successful and its utility, Meme Moguls will be a force in the meme coin space.
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