In other news, while ORDI seemed to start the year in a bullish direction, fluctuations are maintaining a tighter hold as the ORDI coin loses bullish momentum. Meanwhile, Meme Moguls are having a great presale as they’re approaching $2 million worth of token sales in the current stage 5 presale, signalling a good crypto to buy.
Whale Account Sells Off Massive Quantity of Pepe Tokens (PEPE) for Ethereum
A significant sell-off in the frog-themed cryptocurrency PEPE has been observed, as a whale investor, who initially accumulated 1.73 trillion PEPE tokens during its launch in April 2023, recently dumped the tokens for ETH.
The whale had bought PEPE tokens at $0.00000005406, investing $936,000. The recent sale exchanged 1.731 trillion PEPE for 742.6 ETH, resulting in a profit of $802,500 (85.7%).
Pepe coin price has currently lost 7.60% in the past seven days and a whopping 28.60% in the past 30 days, which signals a possible factor in why the Whale transaction sell-off occurred. However, Pepe is anticipated to see substantial growth this year.
Meme Moguls (MGLS) Maintains Adoption Rate With Increasing Volume and Cash Prize Giveaway
As Meme Moguls (MGLS) advances through its ongoing presale, it has garnered substantial attention and value, achieving a sales milestone of nearly $2 million in the current stage 5 presale, where the token ($MGLS) is valued at $0.0036. However, analysts are projecting up to 100x gains after its listing on Uniswap and other platforms.
Meme Moguls stands out by offering a unique use case that transcends conventional internet trends. Currently having 3,700 holders, Meme Moguls is on its way to recording 4000 holders and potentially surpassing $2.5 million worth of token sales.
The platform’s introduction of a play-to-earn game not only provides entertainment but also serves as an educational tool, enabling users to accrue $MGLS tokens. This innovative approach positions $MGLS as a compelling crypto to buy for high-value investments.
Meme Moguls sets itself apart by incorporating various features, including simulated investing, interactive gameplay, community tournaments, an NFT marketplace, and ambitious plans for a metaverse. According to the team, within the next seven days, MGLS holders will see a sneak peek into the gameplay and their features.
ORDI Struggles To Revive Previous Bullish Momentum Amid Crypto Volatility
Following Bitcoin’s dip below $40,000 on January 23, the meme coin Ordinals (ORDI) faced a significant downturn in its market value, dropping below $52.33 for the first time since December 2023.
Ordi coin is currently pricing for $52 to $63 on a weekly range, with its current price increasing over 12% in the past seven days. However, on a bigger scale, Ordi has lost a total of 25.66% loss in the space of 30 days.
While Ordi still has the potential to become a profitable coin for investment, the token is facing declines and fluctuations lately that are keeping holders on the edge. However, considering its impressive 135% rise from last year till now, it has been able to retain its position among the promising crypto to buy.
For more information about the Meme Moguls (MGLS) Presale:
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