Cardano (ADA): Is $3 Still Feasible in 2023?
Earlier this year, there was a prediction that Cardano (ADA) would reach $3. However, given its current price, it is unclear whether it will reach this milestone.
Meme Moguls (MGLS): Growing Whales Accumulation
Meanwhile, users are accumulating Meme Moguls, making it primed for explosive growth.
Cardano Price Prediction
On January 2, Cardano Feed made a bold price prediction for 2023 on X (formerly Twitter). At its current valuation, the price forecast seems ambitious. According to the page, the Cardano price will reach $3 in 2023.
With a month away from the end of the year, ADA is far away from reaching this milestone. The Cardano price today is a little below $0.4—way off from its $3 price forecast. The highest its price went this year—April 17—was $0.45.
The chances of Cardano reaching $3 — or even $1 — grow slimmer with each passing day. Nevertheless, the crypto landscape has been known to spring surprises time and time again.
Meme Moguls: A Unique Meme Coin
Another exciting meme coin is here, and it is none other than Meme Moguls (MGLS). Some users are already expressing interest, even over Cardano. So, what makes it appealing?
To begin, Meme Moguls stands out from other memecoins with its unique concept. It promises to be the first meme-backed stock market in the world. Here, users or traders will be able to trade meme-based assets, discover the next 100x meme gems, and learn valuable market insights.
Given the above, it is poised to disrupt the meme ecosystem. If successful, this might translate to a surge in adoption.
MGLS Token Utility and Tokenomics
Furthermore, MGLS will power the Meme Moguls ecosystem, making it a utility-backed token. It will serve multiple purposes and enable participants to unlock exclusive benefits and features. It will also function as a governance token, ensuring community-driven decision-making.
In addition, its tokenomics could also contribute to its attraction. This Ethereum-based memecoin has a total supply of three billion tokens.
The presale is just in its first stage, and a token costs $0.0021 in its current ICO phase. Significantly, at the end of each presale level, the most active user on Twitter (X) will receive a $10,000 giveaway.
Hot Take: The Future of Cardano and Meme Moguls
While Cardano’s price prediction of reaching $3 in 2023 seems unlikely given its current valuation, the crypto market is known for surprises. As for Meme Moguls (MGLS), it offers a unique concept as the first meme-backed stock market. With its utility-backed token and attractive tokenomics, Meme Moguls has the potential for explosive growth. As always, it’s important to conduct your own research and make informed decisions when investing in cryptocurrencies.
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