Three Cryptos That Surged This Week With Further Growth Potential – Fantom (FTM), Optimism (OP), And Meme Moguls (MGLS)
The post Three Cryptos That Surged This Week With Further Growth Potential – Fantom (FTM), Optimism (OP), And Meme Moguls (MGLS) appeared on BitcoinEthereumNews.com.
Fantom, Optimism, and Meme Moguls all surged this week, showing strong potential for continued growth in the cryptocurrency market. Notably, Meme Moguls is running a presale phase of discounted tokens, which could offer significant returns for early investors. Let’s look at these cryptocurrencies and how high they could go in the following months. Fantom (FTM): A New Era of Speed and Scalability There is a battle to become the fastest layer-1 smart contract platform, and Fantom is making its case with blazingly fast transaction speeds. This is thanks to the DAG (Directed Acyclic Graph) technology it uses, allowing for instant finality and near-zero fees. The Fantom price suffered a huge blow this summer as a hack on the Fantom Multichain Bridge caused investors to panic sell. However, Fantom has bounced back in spectacular fashion with a 158% jump to today’s price of $0.44 in two months. So what’s behind this surge? One factor could be that Fantom’s TVL has increased 100% since mid-October. Another potential cause is the break of the descending trendline that kept the price at bay for over a year. The $0.32 horizontal resistance was also breached with ease. – Advertisement – Analysts note that a number of experienced blockchain developers are saying that Fantom is the fastest blockchain in the market. With a market cap of $1.38 billion, Fantom is still undervalued compared to its layer-1 peers. Closing above $0.44 on the daily chart should see $0.65 as the next target, followed by $1.00 Meme Moguls (MGLS): 100x Gains Ahead? Meme Moguls is transforming the digital gaming landscape, introducing an exciting play-to-earn (P2E) concept that combines the thrill of memes with the rewards of stock market trading. Players are given a starting capital of $100,000 in virtual funds to use as they channel their in Buffet…
Filed under: News - @ December 19, 2023 4:14 am