During the current bear market, finding profitable cryptocurrencies can be difficult. However, crypto whales are accumulating Cosmos, Meme Moguls, and Uniswap, creating a bullish sentiment around these projects. Now, crypto experts believe that each project could rally over the next quarter, here’s why.
Cosmos Remains Stable Amid Market Turbulence
Cosmos (ATOM) has attracted cryptocurrency whales due to its stable nature. While many projects have fluctuated by almost 30% in January, Cosmos has remained relatively stable. This has made it a secure investment during times of market uncertainty.
For example, Over the last 30 days Cosmos’ price has ranged from $9.7 to $8.9 and is now trading at $9.16. While its returns may not be as glamorous as many of the market’s memecoins, Cosmos has become a popular investment among more risk-averse investors.
According to analysts, Cosmos’ price could pass $10 in February in the lead-up to the Bitcoin halving. This prediction has attracted new investors to the Cosmos ecosystem, increasing overall trading activity.
At the time of writing, Cosmos’ daily trading volume was down 11% to $113 million, and Cosmos had a market cap of $3.5 billion.
Uniswap Is Up 5% After January Crash
Uniswap was one of the hardest-hit cryptocurrencies in January. Its price plummeted over 20%, though the altcoin is now recovering. Over the last 7 days, Uniswap’s price has increased by 5.33%, and Uniswap is now trading at $6.
Given its growing 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 transactions cheaper and faster while also increasing Uniswap’s utility.
With new governance proposals underway, experts predict that Uniswap could become one of the best-performing altcoins in 2024. As a result, crypto whales are buying Uniswap tokens in anticipation of future price increases.
Crypto Whales Accumulate Meme Moguls As Its Presale Comes To A Close
As Meme Moguls gears up to list on Uniswap, crypto whales are accumulating the altcoin at record rates. Having already seen returns of 90%, Meme Moguls is set to surge an additional 100x in 2024 as its exciting new P2E game takes the crypto market by storm.
The Meme Moguls game lets players invest $100,000 in virtual currency into a virtual meme stock market. This market will function like a traditional stock market, with assets appreciating and depreciating in value. Players will need to build the most profitable portfolios to be ranked amongst the game’s top 20 “Moguls”. These Moguls will earn a passive income in the form of a monthly prize pool.
Other games will also be available, including investing tournaments, winner-takes-all events, and “Beat the Market.” This exciting new concept has made Meme Moguls extremely popular. The project has raised almost $2 million and is now attracting hundreds of new investors daily.
Investors who buy $MGLS tokens now will still be able to win prizes as part of the project’s $150,000 prize pool, which includes unique activities, holidays, gadgets, and more. Investors looking to get involved can buy $MGLS tokens for $0.0036 during stage five of the project’s presale. However, they must act fast as the presale will finish at the end of February.
For more information about the Meme Moguls (MGLS) Presale:
Visit Meme Moguls | Join the Community
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Source: thinkbitcoins