Analysts Forecast Bullish Outlook for Binance Coin and Meme Moguls, Chainlink Staking v0.2 Draws Near
The post Analysts Forecast Bullish Outlook for Binance Coin and Meme Moguls, Chainlink Staking v0.2 Draws Near appeared first on Coinpedia Fintech News
Analysts have predicted a bullish run for Binance Coin and Meme Moguls. On the other hand, Chainlink Staking v0.2 launch has revived users’ interest in Chainlink.
Binance Coin (BNB) Price Prediction
Binance Coin’s (BNB) value dropped by more than 10% when Binance CEO, Changpeng Zhao, resigned last week. The CEO agreed to pay a fine of $4.3 billion imposed by the US DOJ for market manipulation and other charges.
Binance Coin faced significant challenges due to fear, uncertainty, and doubt (FUD) in the 2023 crypto winter. This followed the collapse of FTX and other exchanges. Many people expected the Binance coin price to fall to as low as $10.
Despite various FUDs and the ongoing US sanction on Binance, Binance Coin showed resilience. It has held above the $220 level which served as strong support for bulls. Expert Binance Coin price prediction revealed the price of Binance Coin to rise 16.07% and reach $266.18 in the coming week.
Chainlink (LINK) Staking v0.2 on the Way, Price Reversal Coming?
Chainlink (LINK), a leading decentralized oracle network, revealed in a recent tweet that its upcoming Staking v0.2 launch is around the corner. According to the tweet, Chainlink Staking v0.2 will be launched in three days. It would commence with Priority Migration on November 28 at 12 PM ET.
It was disclosed that v0.1 stakers can move their staked tokens to v0.2 for nine days and earn rewards. In other news, the Chainlink coin gave in to bearish pressure in the market lately. The Chainlink price dropped from a 7-day peak of $15.23 to $14.28 on November 27.
Still, CoinMarketCap data showed Chainlink was still among the top 20 coins with a market cap of $8 billion. With Chainlink Staking v0.2 around the corner, the price of Chainlink is predicted to rise by 3.88% and reach $15.24.
Meme Moguls (MGLS): Creating the Next Set Of Millionaires
As per data from Coincodex.com, Dogecoin, had previously created 478 millionaires despite its limited practical utility. A new memecoin, Meme Moguls (MGLS), is here with plans to create 100 millionaires within three months of launch. The platform is the first meme-based stock exchange.
First, the token can be staked to generate passive income. Also, it gives holders exclusive access to rare Non-Fungible Tokens (NFTs). Apart from these utilities, Meme Moguls developed an immersive, entertaining, competitive, and community-oriented ecosystem.
An integral part of the Meme Moguls ecosystem is the “wealth leaderboard,” designed to foster friendly competition among our user base. Those who joined Meme Moguls can connect with fellow meme enthusiasts. Additionally, active participants within Meme Moguls are duly rewarded with NFTs and supplementary $MGLS tokens.
Furthermore, Meme Moguls introduced a $10,000 giveaway at the 3rd of each presale for the most active user. At present, the Meme Moguls tokens are available at a nominal price of $0.0021 each. Analysts have predicted a 10x increase in the token’s value over the coming weeks.
Filed under: Bitcoin - @ November 29, 2023 11:24 am