Analyst Lark Davis Predicts Chainlink’s ‘Shocking’ Profits in 2024, Near Protocol Hits 2023 High, Meme Moguls Price Soars

The post Analyst Lark Davis Predicts ‘Shocking’ Profits for Chainlink in 2024, Near Protocol Hits Highs in 2023, Meme Moguls Price Surge appeared first on Coinpedia.

Crypto analyst Lark Davis predicted that Chainlink would deliver shocking price growth in 2024. Adding to the latest market news, Near Protocol has reached a new 2023 high. Meanwhile, Meme Moguls prices have been strong since the start of pre-sale. It is one of the top altcoins on analysts’ watchlists.

Chainlink (LINK) Delivers Shocking Profits in 2024

In a YouTube video, cryptocurrency expert Lark Davis shared a positive outlook for Chainlink (LINK) in 2024. According to Davis, Chainlink has significant uptake and partnerships, but is undervalued. He noted that large investors are interested in ChainLink.

One expression of this interest is the Grayscale Chainlink Trust. The price of this trust is currently more than 200% higher than the regular LINK price. Davis noted that Chainlink’s importance as an infrastructure for applications across cryptocurrency and blockchain usage is attracting investors.

Davis said another development is Chainlink’s Cross-Chain Interoperability Protocol (CCIP). On the weekly chart, the price range of Chainlink coin is currently $13.73 to $15.46. The token, which is up 150.6% since the close in December last year, is likely to increase further in the coming months.

Near Field Protocol (NEAR) hits a 440-day high.

Near Protocol (NEAR) price surged in December, breaking away from long-term and short-term horizontal resistance. So far, the Near Protocol cryptocurrency is up 80% in December. This price rally led to a 440-day high of $3.50 on December 21.

Near Protocol is bullish on all time frames. Last week the token price rose 77.8%. Additionally, the price chart shows monthly and yearly gains of 77.8% and 162.5%. Additionally, data from CoinMarketCap shows that Near Protocol’s market capitalization and trading volume are also increasing.

The recent rise in prices and trading activity for DeFi projects is a sign of growing interest among investors. A close of NEAR above the $3.55 resistance level could lead to an advance to the next resistance point of $5.

Meme Moguls (MGLS) price expected to rise 20 times due to surge

While Chainlink and Near Protocol are setting the cryptocurrency sector on fire, Meme Moguls (MGLS) is seeing price gains. DeFi coin price surged to $0.0025. Nonetheless, analysts believe a 20x profit is just around the corner. Aside from the bullish price action, let’s take a look at what other features Meme Moguls has to offer.

Meme Moguls combines the entertainment and play-to-profit tokens of memecoin. This creates a practical token with utility. In particular, this “DeFi project” has ambitions to leverage the gaming sector to outperform other meme coins. Meme Moguls features an innovative gaming environment that also serves as an educational platform.

This space allows users to explore investing and wealth accumulation in a simulated environment. Players start with a virtual balance of $100,000 and are encouraged to develop and test their investment strategies.

This interactive experience provides real-world investment insights, equips players with a variety of skills, and allows them to discover new financial opportunities. Guess the interesting part. Earnings from these simulation challenges can be converted into real coins that players can withdraw at any time.

The game places a 20% cap on investments to encourage a variety of investment approaches. Players may not allocate more than 20% of their virtual portfolio to any single asset. This strategy promotes a more balanced and strategic way of investing within the game. Meanwhile, the price of Meme Moguls MGLS DeFi coin is currently at $0.0025 and is expected to rise 20 times.

conclusion

Recent price movements and forecasts for 2023 show that 2024 will be the best year for the cryptocurrency industry. As a result, investors should look for the best altcoins like Chainlink, Meme Moguls, and Near Protocol to reap huge profits.

Meanwhile, in addition to Meme Moguls’ 20x price prediction, the platform offers other utilities. This includes staking rewards, NFT access, and more.

Learn more about $MGLS here.

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