Crypto Mania Exchanges NFT Nonsense

Polygon (MATIC) and Cosmos (ATOM) Set to Fall Behind Meme Mogul’s (MGLS) Gains

Polygon (MATIC) and Cosmos (ATOM) have surged by more than 50% in the last four weeks, and analysts believe they have a bullish future ahead. However, while these two cryptocurrencies are enjoying a strong rally, the memecoin Meme Moguls (MGLS) is set to take the lead with even greater gains. Let’s see why this might be the case.

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Meme Moguls (MGLS): Play-To-Earn Memecoin

Meme Moguls (MGLS) is gearing up to release its new play to earn memecoin. If you think this sounds like a foreign concept, it essentially means that users can channel their inner Elon Musk by trading meme stocks related to popular internet memes.

For those who enjoy a competitive edge, the Meme Moguls Fantasy Trader offers a platform to challenge and compete with other users for rewards. Adding to the allure is Mogul Land, a virtual metaverse realm where participants can mine tokens and delve into liquidity pools.

Another standout feature of Meme Moguls is its staking mechanism that rewards users for staking MGLS tokens in the liquidity pool. This means that users not only stand to benefit from the increasing value of the meme stocks but can earn passive income just for holding the token.

The platform is also designed to offer an interactive experience with various gameplay opportunities and tournaments where users can earn extra rewards. For instance, complete achievements to win free NFTS and sell them on the marketplace for a profit.

MGLS tokens are available at $0.0021 during the first presale stage. With this price set to keep rising as more tokens are sold, it makes sense why this first presale stage is seeing such high demand from investors.

Analysts are already predicting that Meme Moguls has the potential to become a leading platform for meme stock trading, surpassing popular projects like Polygon (MATIC) and Cosmos (ATOM). 100x gains are not unheard of in the highly volatile cryptocurrency market, and Meme Moguls has all the ingredients to become a viral hit.

Polygon (MATIC) Facing Market Challenges

Polygon was one of the leading cryptocurrencies in 2021 after surging from below $0.02 to over $2.80 in less than five months. Such a monster rally resulted in a market cap of over $20 billion, cementing Polygon as one of the top 20 cryptocurrencies by market capitalization.

However, MATIC has seen its price fall significantly due to market corrections and competition from other layer-two scaling solutions since then. While holding strong at a market cap of over $7 billion and a price of $0.77, market analysts predict that MATIC may continue to fall behind as Meme Moguls gains traction.

Breaking news is emerging that Polygon had paid DraftKings to become a network validator after previously celebrating they were chosen due to their experience with scalability and security. This on-chain revelation could greatly blow Polygon’s reputation and ultimately impact its price.

Some Polygon holders are unwilling to wait for the price to recover and are already switching their profits to Meme Moguls. The risk versus reward equation quickly becomes apparent with Meme Moguls going one way and Polygon the other.

Cosmos (ATOM) in a Tight Spot as New Players Emerge

Cosmos is a blockchain network called “The Interchain” that connects different blockchain networks. The Cosmos Hub, the main hub of this network, is designed to facilitate communication and transactions between all blockchains in the Cosmos ecosystem.

The price of Cosmos grew by roughly 10x to $44.60 during the 2021 crypto bull run but has since experienced a correction to $9.28. While Cosmos’ fundamentals are some of the strongest in crypto, they lack the strong community engagement that other projects possess.

Holders will hope the newly launched Cross-Chain Transfer Protocol (CCTP) — that enables USDC to be transferred across different networks — will give Cosmos the spark it needs to regain its lost momentum. Still, it must follow in Meme Moguls‘ footsteps by building a strong community if it wants to compete with other top cryptocurrency investments.

Market analysts are optimistic about Cosmos and believe it could surpass its peak of $44.70 if the $15 resistance falls. But while a 5x return is respectable for any investment, it pales compared to what’s expected from new projects like Meme Moguls.

For more information about the Meme Moguls (MGLS) presale:

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