JPMorgan’s Programmable Payments to Boost Crypto Market
JPMorgan’s announcement of introducing programmable payments through its blockchain-based digital token, JPM Coin, has caused a surge in trading volume and value of cryptocurrencies. Notably, Chainlink (LINK), Bitcoin (BTC), and Meme Moguls (MGLS) have seen significant attention following this news.
Chainlink (LINK) Price Prediction
Chainlink (LINK), a popular decentralized oracle network, has experienced a positive impact from the JPMorgan announcement. The crypto has shown bullishness and is predicted to spike to $22.59 by the start of 2024. In the past month, LINK’s value grew by 96.7%, and its market cap is currently at $8,122,697,410.
Bitcoin (BTC) Price Surge
Bitcoin (BTC) also saw a major upswing in trading volume and value after the JPM Coin news. The crypto is expected to surge to $41,522.72 by the end of 2023. Its trading volume spiked by 39.22% in the previous 24 hours, indicating higher market activity.
Meme Moguls (MGLS) Ecosystem Features
Meme Moguls is gaining attention for its innovative approach to meme coin trading. Its ecosystem includes a P2E game, Moguls Casino, Fantasy Trader, and Moguls Land. Analysts project that the crypto can see an upswing of 1,000% following its Beta presale stage where the token is offered at $0.0019.
Hot Take: Cryptocurrencies Poised for Growth
The recent developments in the crypto market suggest that cryptocurrencies like Chainlink (LINK), Bitcoin (BTC), and Meme Moguls (MGLS) are poised for growth in the coming years as they respond positively to industry-changing news.
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