Bitcoin has continued to make waves in the crypto sector as analysts release predictions ahead of major events. One of such predictions is the latest by Standard Chartered Bank.
On the other hand, Meme Moguls have achieved an impressive influx of users, setting new records and igniting excitement in their rise.
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Bitcoin (BTC) To $100,000, Standard Chartered Bank
Bitcoin price recently rose above $38,000 and traded in the range of $37,638.30 to $38,329.04. This rise caught the attention of institutional investors. Geoff Kendrick, who is the Head of Crypto Research at Standard Chartered Bank, repeated the company’s positive Bitcoin prediction.
The prediction stated that Bitcoin’s value could reach $100,000 in 2024. This forecast follows the bank’s earlier outlook in April of this year. In April, the research mentioned several reasons that could push the Bitcoin value over $100,000, and it declared that the harsh times for cryptocurrencies were now over.
Kendrick and the Standard team were confident the approval of multiple spot Bitcoin ETF would be the next factor driving crypto growth. They also believed that these developments would happen sooner.
Standard Chartered pointed out another reason that could contribute to future price rises: the upcoming Bitcoin “halving.” The halving is set to reduce the supply of Bitcoin and is anticipated to take place in late April 2024.
Meanwhile, experts in the industry believe the U.S. Securities and Exchange Commission (SEC) would approve several spot Bitcoin ETFs one after another. This would change the wider financial sector for major players such as BlackRock, Grayscale, etc.
Meme Moguls (MGLS) Realized 250,000 USDT from Fundraising
In recent weeks, Meme Moguls (MGLS) have caught the attention of analysts, meme enthusiasts, traders, and gamers. Meme Moguls is a cryptocurrency project that provides access to meme-related assets and online games.
Meme Moguls established the world’s first stock exchange for meme-related assets. Its goal is to create 100 millionaires within three months of its launch. On this exchange, people could trade meme-related items and earn tokens while interacting with other meme enthusiasts. Another interesting feature of Meme Moguls was “Mogul Land”.
In this virtual world, users could explore, socialize, mine, and invest their tokens. Staking, a method of earning passive income in the crypto world, was also an option on the Meme Moguls platform. Meme Moguls has provided an exciting gaming experience through tournaments and competitions. This would allow users to showcase their skills and compete for rewards in the past.
Users could potentially earn from their community participation by trading these NFTs on the Opensea marketplace. They can also be traded for MGLS tokens. The MGLS tokens are currently only worth $0.0021 during their beta presale phase, up from $0.0019.
The Meme Moguls platform has already raised more than $250,000 USDT during the presale.
For more information about the Meme Moguls (MGLS) presale:
Visit presale: https://app.mememoguls.com/sign-up
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