Chainlink (LINK) is bullish on the charts and could soon reach new heights according to the latest metrics.
Chainlink (LINK) is bullish on the charts and could soon reach new heights according to the latest metrics.
Its bullish momentum is not unique, as Meme Moguls (MGLS) has also caused quite a stir with its cryptocurrency pre-sale. Today, we will take an in-depth look at the price performance of both altcoins to see how far they can go.
Meme Moguls (MGLS) supporters can participate in the pre-sale and purchase tokens here.
Chainlink (LINK) Price Soars 130%
Chainlink (LINK) saw a significant 130% surge last year, solidifying it as one of the biggest players in the industry. The Chainlink cryptocurrency is currently ranked 14th on the top 100 list with a market capitalization of $7,919,819,520. In the last week alone, the chain link price went from $12.84 to $14.68. The LINK chart pattern is slightly bullish. This suggests that a sharp increase could soon be feasible.
A short-term drop in the crypto could also be absorbed near the $13.50 support. The price did not drop much and found support at the 50-day EMA. Then the buyers became active and managed to rebound. Currently, the bulls aim to maintain the gains.
Meme Moguls (MGLS) will present new opportunities
Meme Moguls (MGLS) will feature a game that will help users learn how to invest while learning how to generate even more wealth. The project is in its crypto ICO phase and has seen massive momentum.
The ecosystem will feature various income generating elements and will allow anyone to participate in simulated trading and investments. By taking this approach, anyone can compete with their friends and use new investment methods.
Each player starts with $100,000 in virtual currency. They can then use this balance to create a wallet. By completing challenges, you move up the leaderboards. They can only use 20% in a single trade to better simulate real-world investing. Any of the simulated winnings can also be converted into real, collectable winnings.
Each player can also access Moguls World, a dedicated Metaverse. Through it, anyone will be able to connect, mine tokens, join liquidity pools, and stake their tokens.
There is also a community mega giveaway during stage 4. Here, ecosystem participants on social media can win up to $10,000 in MGLS tokens.
Players can also buy and sell rare NFT characters. However, these characters have value as they can improve trading capabilities and trading conditions. The rarer an NFT is, the better conditions the player will have, such as leverage and spreads.
Ending
Chainlink is bullish on the charts and has the potential to reach new heights. If the bulls regain control of the market, other altcoins may rise as well.
Meme Moguls is currently in Stage 4 of pre-sale. A single token is offered at $0.0027.
