Injective at new ATH and Hedera breaks above $0.080, Meme Moguls innovating with simulated trading

Injective (INJ) is grabbing traders’ attention after rising 73% in the last week, pushing the coin to a new all-time high. Hedera (HBAR) is also bullish. Meanwhile, traders are shifting focus to cryptocurrency projects, Meme Moguls (MGLS), currently in its presale phase.

Injective reaches new all-time high at $43.20 – what’s next?

Injective recently rose to a new all-time high of $43.20. 

Rising by 73% in the last week alone, Injective is now the 25th largest coin by market cap. 

Over the last year, it has surged by 3,000%. 

This performance has drawn increased attention to Injective, with on-chart metrics forecasting the coin to hit $52.74 in early 2024.

Meme Moguls innovates with simulated trading in meme coins

Meme Moguls is pioneering the first community-backed exchange, introducing a play-to-earn (P2E) ecosystem where users can monetize their experiences. 

The platform makes investing accessible to everyone, allowing users to build wealth through virtual trading. Participants start with $100,000 in virtual cash, create portfolios, and convert simulated profits into real returns through challenges.

Community members can organize tournaments, like the Beat The Market game, where players compete to outperform indices like the “S&P 500,” enhancing engagement. 

Hedera breaks past $0.080 

Hedera is up 31% in the past month, rising from $0.073 to $0.087 last week. Traders are now targeting $0.090. 

HBAR is also above key EMAs, pointing to solid upside demand. 

While prices may contract below $0.060, the smooth running of the RSI suggests growing momentum and potential for new peaks. 

Analysts predict HBAR will reach $0.1493 in 2024.

Summary

Injective hits a new all-time high, Hedera shows bullish signs, and investors are keeping an eye on Meme Moguls (MGLS). 

In stage 3 of the presale, MGLS is trading for $0.0025.

Learn more about the MGLS here:

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