Analysts upbeat, predict BNB and Meme Moguls to rally in February 2024
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In 2023, BNB fell by 8.8%. However, there are predictions that the coin will likely recover in 2024, especially with the upcoming Bitcoin halving. Meanwhile, Meme Moguls (MGLS) has raised over $2.1 million in its presale.
Binance prepares for Bitcoin halving
Binance, the world’s largest cryptocurrency exchange, is expecting an increase in trading activity ahead of the Bitcoin halving nears.
Subsequently, this may support BNB prices.
Over the last 24 hours, BNB’s average daily trading volume rose by 58% to $953 million. Following this increase, BNB prices slightly increased.
Analysts predict BNB will break above $350 by the end of the week.
Meme Moguls raises over $2 million in presale
So far, the Meme Moguls presale has raised over $2 million.
The presale will conclude by the close of February.
The development team plans to showcase their game’s preview next week, giving investors a glimpse of integrated features.
Later, changes will be made before the platform launches for testing on March 11.
Meme Moguls is launching a meme-based stock market, connecting the meme and investor communities.
Players can build an income stream throughout the ecosystem, including winning tournaments, ranking in the in-game leaderboard, and staking MGLS.
In stage 5 of the presale, MGLS is trading for $0.0036, rising to $0.0042 in the next phase.
Presale participants can win rewards from the Meme Moguls prize pool.
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