Internet Computer, Toncoin, & Meme Moguls – Analysts pick for 2024

Internet Computer (ICP) and Toncoin (TON) are both showcasing rapid upswings in their value on the charts, indicating a bullish level of performance. Despite this, analysts are also eyeing the Meme Moguls (MGLS) cryptocurrency as it has the potential to reach new heights following the completion of its blockchain ICO. Today, we will go over their price performance to see how far they can rise.

Internet Computer (ICP) moves above $12 – Price to reach $20.12

Internet Computer (ICP) has showcased bullish performance in the weekly time frame, showcasing that the cryptocurrency has maintained a positive outlook. Moreover, the Internet Computer price has traversed from a low of $9.62 to $12.95 and found support at this level. Now, the increase in trading volume suggests that the crypto could increase even further. 

The Internet Computer crypto now needs to move towards the $15 range to initiate the next bull run, and the MACD line and signal line indicate that a bullish crossover can occur. According to the Internet Computer price prediction, it can end in 2024 at a value of $20.12.

Toncoin (TON) sees weekly upswing – Price to reach $3.63

Toncoin (TON) is also heading upward and could soon reach new heights. The Toncoin price saw an upswing from $2.04 to $2.17 during the past week, where it found support. It is now above the 50-day EMA, and if the Toncoin crypto manages to retain this momentum, it could soon initiate a bull run that could push it above even the 200-day EMA. According to the Toncoin price prediction, analysts expect an upswing to $3.63.

Meme Moguls (MGLS) introduces P2E elements and can spike 100x at launch

Meme Moguls (MGLS) is an upcoming Web3 platform that can completely shift how users enter the meme coin space and will introduce Play-to-Earn (P2E) elements through which players can monetize their time. According to data from Statista, the meme coin industry will have a global value of $2.3 billion by 2020. 

This can expand to $6.1 billion by 2025, and even if Meme Moguls grabs even a small percentage of this market, it can reach new heights. This Ethereum-based meme coin serves a lot of utility, as it’s used as the in-game currency and for governance. The crypto is up 90% since its start but can surge 100x, making this an amazing entry point for new investors.

At Stage 5 of its presale, the crypto is up to $0.0036. Following its launch and listing on Tier-1 exchanges, it can explode in value, making it one of the hottest DeFi projects to get into. Its vast ecosystem, fueled by its rapid token utility, makes it a top choice for traders. 

Summary 

The Internet Computer cryptocurrency could soon surge in value, but the same can be expected from Toncoin. As a result, many are not only accumulating those but are eyeing the Meme Moguls presale, as the positive market sentiment can send ripples across the broader Web3 space. With a rapid price upswing of 100x expected for MGLS, it’s the hottest crypto to get in 2024. 

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Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

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