Chainlink and Solana prices bullish, Meme Moguls expands in presale
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Crypto investors are constantly looking for stable investments with growth potential. Recently, the focus has shifted towards resilient projects with higher growth potential due to the volatility experienced by cryptocurrencies like Chainlink (LINK) and Solana (SOL).
Meme Moguls (MGLS), a project on Ethereum, aims to offer stability and easy access to users. It focuses on GameFi and real-world rewards, an opportunity some crypto investors are considering.
Chainlink is struggling
Chainlink prices are volatile and continue to fluctuate, a possible indication of a subtle shift in market sentiment.
LINK is down 11.52% this week, but the uptrend is valid. This preview is especially considering the recent whale activity, which saw them buying $8.9 million worth of LINK at an average price of $14.81.
Despite the volatility, LINK has a market cap of $8.2 billion. Prices will likely stabilize in the coming weeks.
Solana community hopeful
SOL is firm despite sharp price dumps in early January. It recently grew 6%, partly due to increased on-chain activity.
Solana offers a fast and cost-effective transfer system. It has gained popularity among developers and consumers for its efficiency and scalability.
However, market fluctuations have impacted SOL, forcing investors to consider other alternatives like Ethereum.
So far, Solana’s total value locked (TVL) among decentralized finance (defi) protocol stands at $1.4 billion, the highest since August 2022. The spike points to increased usage and growth–a net positive for prices.
Meme Moguls presale and prospects
Some investors have shown interest in Meme Moguls due to recent fluctuations in popular projects like Chainlink and Solana.
The platform offers a play-to-earn (P2E) game where users can play and earn rewards.
Meme Moguls has unique features, including a casino, fantasy trader, and metaverse.
For what it offers, some investors are bullish on its prospects in the days ahead.
MGLS is available for $0.0036 in the ongoing presale.
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