ORDI, Meme Moguls, and The Sandbox have become hot topics in Q4 as they’ve all surged in popularity and price.
Meme Moguls, still in its presale phase, is causing the most FOMO due to its unique P2E game. Let’s dig into the details of these platforms to understand why they have become so popular.
ORDI Price Prediction for 2024
The invention of the BRC-20 token standard has allowed tokens to be built on top of the most secure, decentralized blockchain in the world — Bitcoin. Known as Bitcoin Ordinals, there are now thousands of BRC-20 tokens live on the Bitcoin blockchain.
ORDI is the first-ever BRC-20 token to be issued, and it has already gained much traction in the market. From a price of $3.27 in mid-October, ORDI pumped to a recent peak of $69.90 this December. The price of ORDI has since corrected to $51 today.
What’s behind this surge in popularity and price for ORDI? It is rare to see innovation on the Bitcoin blockchain, and ORDI has made a name for itself as the first mover in this space. The crypto community is quick to flock to any new technology, and buying ORDI is the easiest way to gain exposure to the BRC-20 token standard.
But what about ORDI’s future? The Bitcoin community is divided on whether BRC-20 tokens are a good thing or not. The naysayers believe that BRC-20 tokens will congest the network, while the supporters see it as a way to expand the use cases and adoption of Bitcoin.
This is uncharted territory, and nobody knows for sure how the future will play out. However, some experts predict that ORDI could reach a price of $500 in 2024 if it becomes easier for retail investors to participate in the BRC-20 token economy.
Meme Moguls (MGLS): Presale Opportunity and Growth Potential
Meme Moguls is building a P2E ecosystem that sees players enter a virtual world where they can earn real-world rewards by trading on a virtual meme stock market. The goal is to learn the ropes, enter trading competitions, and become one of the platform’s top meme moguls.
It’s not merely a platform for individual competition; it’s a community where players interact, compete, and grow together. From private leagues amongst friends to community-wide tournaments, Meme Moguls offers varied opportunities for competitive trading.
The NFTs within Meme Moguls go beyond standard digital collectibles. They offer players enhanced trading abilities and conditions, making them valuable elements of the in-game economy. The rarest NFTs come with the best perks, such as increased leverage and less spread. They can also be sold for an additional source of income.
The MGLS token serves as an in-game currency that players can use to purchase assets in the marketplace. Hodlers of MGLS receive rewards for staking, governance rights, and special access to exclusive features.
The Sandbox (SAND): Breaking Out of a Bearish Phase
The Sandbox is one of the pioneers in shaping the metaverse narrative. It rose to fame during the 2020/21 bull run when it ran from $0.036 to a peak of $8.44 — a gain of over 233x for early investors.
Unfortunately, The Sandbox price fell to a low of $0.27 in October before embarking on a recent rally to $0.59. But what caused the price to surge by over 100% in less than two months? The Sandbox’s chart shows that the price escaped a descending trendline that had been in place since July 2022.
The Sandbox has also just launched the Game Maker 0.9, which allows users to create, monetize, and publish games on the platform. This marks a significant milestone in The Sandbox’s roadmap as it moves closer to creating a fully decentralized gaming metaverse.
For more information about the Meme Moguls (MGLS) presale: Website | Presale | Twitter
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