Sunday, 14 July 2024

Crypto News

Pepe Poised for 30% Rally, Illuvium, and Meme Moguls Gear Up for a Surge

Pepe Poised for 30% Rally, Illuvium, and Meme Moguls Gear Up for a Surge

In a recent post, famous analyst Michael Van de Poppe said he believes Pepe is set to rally soon alongside Meme Moguls and Illuvium. Their current price movements have made them the top crypto to buy. Let’s learn more about them.

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Pepe (PEPE) is the Next Dogecoin, According To Michael Van de Poppe

Cryptocurrency analyst and trader Michael Van de Poppe has forecasted a 30% price surge for Pepe coin (PEPE) to reach the $0.000002000 level. The chart he shared on X shows the current entry zone for PEPE is between $0.000001285 and $0.000001350. 

The analyst dubbed Pepe the “next DOGE.” The Pepe crypto gained significant momentum after its launch in April 2023, delivering impressive returns of more than 1,170% for investors during its initial two weeks.

However, following its launch and initial excitement, the price of PEPE coin plummeted to reach a low of $0.0000006288 on October 19. Nevertheless, recent data from IntoTheBlock revealed that the token’s fortunes are about to change. 

About 59.85% of traders are currently in a profitable position, accounting for a total of 97,780 addresses. According to the data, 26.11% of addresses, or 42,660 holders, face losses. On the other hand, 14.03% or 22,920 Pepe crypto addresses are neither profitable nor in losses.

Illuvium (ILV) Year-To-Date Gains Jump To 140.1%

Illuvium (ILV) is a decentralized gaming studio that combines online gaming and cryptocurrency. They craft NFTs that players can use in various play-to-earn gaming experiences. The platform’s native token reached an all-time high of $2,868.95 in 2021. 

Since then, the price of Illuvium has been on a downward movement despite new releases and competition on the platform. As of December 2023, the Illuvium coin has been trading between $96.25 and $115.73 in the past week. 

Like other gaming tokens, the gaming token has seen double digit gains in the past month. According to CoinMarketCap, the price of Illuvium is up 34.9% on the monthly chart with 140.1% gains year-to-date.

Meme Moguls (MGLS) and Its Offerings

Meme Moguls (MGLS) is a cryptocurrency ICO that introduces a play-to-earn concept. It provides users with various games and competitions where they can earn rewards. In addition, community members and friends can organize tournaments on the Meme…

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