bitcoin has continued to make waves in the cryptocurrency sector as analysts release predictions ahead of major events. One of those predictions is the latest from Standard Chartered Bank.
On the other hand, Meme Moguls has achieved an impressive influx of users, setting new records and generating excitement in its rise.
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bitcoin (btc) at $100,000, Standard Chartered Bank
bitcoin price recently rose above $38,000 and traded in the range of $37,638.30 to $38,329.04. This rise caught the attention of institutional investors. Geoff Kendrick, head of cryptocurrency research at Standard Chartered Bank, bitcoin-price-forecast-100000-crypto-spring-spot-etf-mining-halving-2023-11″ data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>repeated The company's positive bitcoin prediction.
The prediction said that the value of bitcoin could reach $100,000 in 2024. This forecast follows the bank's previous outlook in April this year. In April, research cited several reasons that could drive the bitcoin/” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>bitcoin value more than $100,000, and declared that the hard times for cryptocurrencies were over.
Kendrick and the Standard team were confident that the approval of multiple bitcoin spot ETFs would be the next factor driving cryptocurrency growth. They also believed that these events would occur sooner.
Standard Chartered pointed out another reason that could contribute to future price increases: the upcoming bitcoin “halving.” The halving is expected to reduce the supply of bitcoin and is expected to take place in late April 2024.
Meanwhile, industry experts believe that the US Securities and Exchange Commission (SEC) would approve several bitcoin spot ETFs one after another. This would change the overall financial sector for major players like BlackRock, Grayscale, etc.
Meme Moguls (MGLS) Earned 250,000 USDT from fundraising
In recent weeks, Meme Moguls (MGLS) has caught the attention of analysts, meme enthusiasts, traders, and gamers. Meme Moguls is a cryptocurrency project that provides access to meme-related assets and online games.
Meme Moguls established the world's first stock exchange for meme-related assets. Its goal is to create 100 millionaires within three months of its launch. On this exchange, people could trade meme-related items and earn tokens while interacting with other meme enthusiasts. Another interesting feature of Meme Moguls was “Mogul Land”.
In this virtual world, users can explore, socialize, mine and invest their tokens. Staking, a method of earning passive income in the world of cryptocurrencies, was also an option on the Meme Moguls platform. Meme Moguls has provided an exciting gaming experience through tournaments and competitions. This would allow users to show off their skills and compete for rewards in the past.
Users could potentially earn money from their participation in the community by trading these NFTs on the Opensea marketplace. They can also be redeemed for MGLS tokens. MGLS tokens are currently only worth $0.0021 during their beta pre-sale phase, down from $0.0019.
The Meme Moguls platform has already raised over $250,000 USDT during the pre-sale.
For more information on Meme Moguls (MGLS) pre-sale:
Website: https://mememoguls.com/
Presale visit: https://app.mememoguls.com/sign-up
Twitter: https://twitter.com/meme_moguls
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