NEAR Protocol Surges 80% Weekly, What's the Next Price Target? Meme Moguls will lead a $6.1 billion market

In a major market move, NEAR Protocol (NEAR) saw a substantial 80% surge last week, driven by the increase in trading volume. The market capitalization also saw a significant increase, leading many to diversify with this cryptocurrency.

But it is not the only altcoin experiencing significant growth, as Meme Moguls (MGLS) is also experiencing a rally.

NEAR Protocol (NEAR) Grows 80% Over the Week

The increase in both the price and trading activity of NEAR Protocol (NEAR) suggests a higher level of market participation and investor interest. The cryptocurrency attracted attention due to its unique approach to blockchain technology, as the NEAR Protocol places emphasis on scalability and easy-to-use decentralized applications (dApps).

This recent price increase and rising value indicates growing interest and enthusiasm. The data detailed in the chart suggests that the value of the NEAR protocol increased from $2.40 to $4.50. Investors and analysts are likely to monitor the cryptocurrency market dynamics to determine how far it can rise.

Meme Moguls (MGLS) also on the rise

Meme Moguls (MGLS) has seen bullish momentum in the market by establishing a meme-backed exchange where players can access a P2E ecosystem. It is built on the ethereum network and will feature simulated trading through which players can improve their trading strategy.

Each player will start with virtual currency, where the initial value is $100,000 (play money). They can use these funds to start trading in the virtual environment, but there is also the opportunity to convert them into real money rewards by participating in the various aspects of their ecosystem.

Traders can also stake the native MGLS cryptocurrency on top of the Fantasy Trading platform. By doing so, they can earn fixed capital gains. The ecosystem will even have an agricultural program in which anyone can participate in betting pools.

During Stage 3 of their crypto ICO, there will be a $10,000 giveaway. Participants can log into Zelay to participate. They must complete criteria to qualify for these rewards. This includes making original Tweets, retweets, and comments and using the hashtag #MemeMogulsGiveaway in your tweets.

Players can also buy or sell nft characters, which can vary in rarity, upgrade their tradeability, and improve their condition.

The NEAR (NEAR) protocol saw a rapid rise in value, impressing many traders. However, many are turning to the Meme Moguls crypto ICO as it has seen rapid growth. In stage 3, MGLS is trading at $0.0025.

Learn more about $MGLS here:

Visit the Meme Moguls pre-sale | Join the community

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