Cryptocurrency

Why Crypto Whales Are Accumulating Cosmos (ATOM), Meme Giants (MGLS), and Uniswap (UNI)

In the current bear market, finding profitable cryptocurrencies can be difficult. However, cryptocurrency whales have amassed Cosmos, Meme Moguls, and Uniswap, sparking optimism about these projects. Cryptocurrency experts now believe that each project could rebound in the coming quarters. Here’s why:

Cosmos remains stable even amid market turmoil

Cosmos (ATOM) has attracted cryptocurrency whales due to its stable nature. While many projects fluctuated nearly 30% in January, Cosmos remained relatively stable. This allows for safe investments during times of market uncertainty.

For example, over the past 30 days, the price of Cosmos has ranged from $9.7 to $8.9 and is currently trading at $9.16. Cosmos may not be as attractive as many memecoins on the market, but Cosmos has become a popular investment among risk-averse investors.

Cosmos price could surpass $10 in February ahead of the Bitcoin halving, according to analysts. This prediction attracted new investors to the Cosmos ecosystem and increased overall trading activity.

At the time of writing, Cosmos’ daily trading volume was down 11% to $113 million, giving Cosmos a market capitalization of $3.5 billion.

Uniswap is up 5% since the January crash.

Uniswap was one of the hardest-hit cryptocurrencies in January. Altcoins are now recovering, but their prices have plummeted by more than 20%. In the past 7 days, the price of Uniswap has increased by 5.33% and Uniswap is currently trading at $6.

Due to its increasing utility, some experts believe that Uniswap may be undervalued. For example, in December 2023, Uniswap v3 was deployed on Optimism. This deployment is designed to make Optimism trading cheaper and faster while increasing the usability of Uniswap.

With new governance proposals underway, experts predict that Uniswap could become one of the best-performing altcoins in 2024. As a result, cryptocurrency whales are purchasing Uniswap tokens in anticipation of future price increases.

Crypto Whales Accumulate Meme Giants As Presale Ends

Crypto whales are accumulating altcoins at a record pace as Meme Moguls prepares to list on Uniswap. Already seeing 90% returns, Meme Moguls is set to surge another 100x in 2024 as exciting new peer-to-peer games take the cryptocurrency market by storm.

The Meme Moguls game allows players to invest $100,000 in virtual currency into the virtual meme stock market. This market will function like a traditional stock market, with asset values ​​rising and falling. Players must build the most profitable portfolio to be among the top 20 “big names” in the game. These tycoons earn passive income in the form of monthly prize pools.

Other games are also available, including investment tournaments, winner-take-all events, and “Beat the Market.” This exciting new concept has made Meme Moguls incredibly popular. The project has raised nearly $2 million and is currently attracting hundreds of new investors every day.

Now, investors who purchase $MGLS tokens can win prizes as part of the project’s $150,000 prize pool, which includes unique activities, holidays, devices, and more. Investors wishing to participate can purchase $MGLS tokens for $0.0036 during Phase 5 of the project’s pre-sale. But you need to hurry because the pre-sale ends at the end of February.

For more information about the Meme Moguls (MGLS) pre-sale, see:

Visit Meme Moguls | JOIN THE COMMUNITY

Disclosure: This is a sponsored press release. Please do your research before purchasing cryptocurrency or investing in any project. Read the full disclosure here.

Source: https://nulltx.com/why-crypto-whales-are-accumulated-cosmos-atom-meme-moguls-mgls-and-uniswap-uni/

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