JPMorgan shocked the Web3 space after an announcement that they will introduce programmable payments. This will be achieved through its blockchain-based digital token, JPM Coin. Consequently, the trading volume and value of cryptocurrencies spiked. Out of them, Chainlink (LINK), Bitcoin (BTC), and Meme Moguls (MGLS) saw significant attention.
Summary
● Chainlink can surge as high as $22.59 at the start of next year
● Bitcoin to see a price upswing to $41,522.72 by the end of 2023
● Meme Moguls to surge 1,000% following the conclusion of its presale
Chainlink (LINK) is the most popular decentralized oracle network that provides a variety of decentralized services through smart contracts. With the recent JPMorgan announcement, the Chainlink price also got affected positively. Moreover, it saw an upswing in its momentum and broke above the 20, 50, 100, and 200-day EMAs.
This indicates bullishness in the previous trading sessions, and a breakout could occur in the near future. During the past month, LINK grew in value by 96.7%. During the past week, the crypto moved from $12.70 to $16.52, and the Chainlink market cap is at $8,122,697,410. According to the Chainlink price prediction, the crypto can spike to $22.59 by the start of 2024.
Bitcoin (BTC) saw a major upswing as well, fueled by the JPM Coin news. During the previous 24 hours, the Bitcoin trading volume spiked by 39.22%, and this indicates a far higher level of market activity.
Throughout the week, the Bitcoin crypto saw a major upswing. It moved from a low point of value at $34,609.09 all the way to a high point of value at $37,883.29. The total price increase, as a result, has been by 118.1% in the past year.
This notable shift in the value of the industry’s largest crypto caught a lot of attention, and based on the latest Bitcoin price prediction, it can surge to $41,522.72 by the end of 2023.
But while Chainlink and Bitcoin are bullish, Meme Moguls is making significant waves among investor circles due to its innovative approach to meme coin trading.
Meme Moguls will feature a vast ecosystem with various earning opportunities. For example, it will feature a P2E game through which investors can trade meme-inspired assets and interact with one another.
There will also be a Moguls Casino. the Meme Moguls Fantasy Trader, and Moguls Land.Users can also stake the native MGLS token, and through doing so, they can be rewarded based on the annual returns of the pool and the amount staked.
During the current Beta presale stage, the token is offered at $0.0019. At launch, analysts project that the crypto can see an upswing of 1,000%.
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