In the current crypto bull market, investors are actively looking for tokens offering high returns. While there are several options with the potential for large returns, Cardano, Ripple and Meme Moguls emerge as standout choices, which are expected to reach a minimum of 10 returns in the near future. However, mere projections are not enough to make them truly exceptional. So what sets them apart? Let’s find out.
Cardano (ADA) doubled its price in less than a month and targets the $1 threshold
Cardano has been in the spotlight for much longer than expected, and bullish momentum is becoming the norm for crypto assets. It is currently priced at $0.65, an increase of over 100% from its previous price of $0.32. With an increase of more than 100% in the space of a month, Cardano is targeting the $1 mark, which could well be around the corner.
For further context, Cardano price has gained approximately 14.6% over the past 24 hours and over 50% over the past seven days at the time of writing. On the contrary, this continued bullish momentum indicates growing investor interest, and if the cryptocurrency does not fall below expectations, we could see the coin cross the $1 threshold in the coming weeks.
Ripple (XRP) maintains its bullish momentum; Is a 10x return possible?
XRP has had a roller coaster ride this year, reaching a high of $0.80 in July before falling back to $0.48. Since then, it has resumed, following the upward trajectory of the cryptocurrency market. Ripple, currently priced at $0.63, has seen a dramatic rise in recent weeks, although this trend has recently been accompanied by a downtrend, leading to a slowdown in momentum.
However, at the time of writing, the price of Ripple has increased by 5% in the last 24 hours, a significant increase compared to the last three days which were barely green. Although it appears to be experiencing bullish momentum in recent days, Ripple Price is recovering and could also, depending on market sentiment, be on track to surpass its previously recorded high.
Meme Moguls (MGLS) has recently received a lot of attention from the meme community. Among other things, Meme Moguls brings a new perspective on how people interact with memes, combining GameFi and meme elements to provide real-world use cases.
Firstly, as a meme-based trading platform, and secondly, as a play-to-earn platform, Meme Moguls offers various features, incentives and initiatives that enable users to increase their wealth along their journey to becoming a “mogul,” a native term used to refer to members of the Meme Moguls ecosystem.
Within the Meme Mogul ecosystem, there are several activities to explore. On the one hand, there is a metaverse world where users can log in, mine tokens, join liquidity pools, and stake their $MGLS token for periodic returns. Notably, users can earn up to 18% fixed interest on their staked assets, and even more on other flexible yield generating programs.
In terms of flexible yield generation programs, there is also an in-game marketplace where users can purchase valuable items to resell as well as sell other earned in-game items, such as NFTs. That being said, the Meme Mogul project strategically aims to drive demand for its native currency, MGLS, by simplifying the integration of NFTs into its ecosystem. This allows users to buy and sell rare NFT characters, improving the convenience and profitability of trading.
Currently, the pre-sale phase of the MGLS token is underway. With only 175 million tokens available, the tokens are quickly selling at a modest price of $0.0023, up from its initial offering price of 0.0019. Meanwhile, the first pre-sale stage is already three-quarters of the way through its first stage. This momentum not only presents Meme Moguls as a promising project, but also places it among the attractive options to consider when searching for the best crypto to invest in.
Additionally, as part of its latest community building initiative, Meme Moguls is offering up to $20,000 in MGLS as a special holiday bonus. To participate in this promotional event, which is scheduled to begin on December 15, a prospect must be a current holder of MGLS tokens.