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Bitcoin (BTC) has been stirring up the market, with analysts like Rekt Capital predicting a potential surge in its value. Simultaneously, many whales are flooding a new ICO in Stage 3 of its presale that has already raised $1M. Some experts are incredibly bullish about this DeFiproject as they forecast a potential 100x pump in 2024. Today, we will find out why.
Bitcoin Price Prediction
Recently, crypto analyst Rekt Capital has sparked a wave of anticipation by forecasting a significant surge for Bitcoin (BTC). According to him, the upcoming Candle 4 could outshine Candle 3. In fact, Candle 3 saw a significant rally, recognized as the biggest upsurge witnessed in a Pre-Halving year.
In terms of the Bitcoin price movement, it has increased from $37,770 on November 29 to $42,306 on December 29. Its technical analysis also paints a bullish picture for this DeFi coin as it trades above the 100 and 200-day EMAs. Its Fear & Greed index rating also shows a 65 (Greed) – good bullish signs.
Market analysts note all these indicators when making their price predictions. As a result, they foresee the Bitcoin cryptocurrency reaching a value of $43,438 in January 2024. This makes BTC one of the best DeFi coins.
Meme Moguls (MGLS): The Top ICO
Meanwhile, Meme Moguls (MGLS) is a crypto ICO that has made headlines recently, raising over $1M in Stage 3 of its presale. This is a significant achievement as it shows global investors have a fantastic response to this game-changing DeFi project. Meme Moguls will introduce an unparalleled play-to-earn (P2E) gaming experience, offering a platform to dive into wealth accumulation and investment.
As you enter this game, you’ll start with a portfolio that has $100,000 in virtual cash. Every virtual profit you make can be converted into tangible, cashable returns by completing challenges and engaging in trading
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Author: Crypto Daily