When faced with the option to pick between Ripple (XRP) or Solana (SOL), investors are often indecisive. For one, XRP is relatively cheap—less than a dollar—while Solana has shown the most promise, soaring by over 400% this year. Hence, this indecisiveness is understandable to a large extent. However, a more popular investment choice among investors is Meme Moguls (MGLS). This new ICO is ridiculously cheap and holds more promise, tipped for a 100x upside. Hence, investors have been flocking to it, aiming to ride its bullish wave.
This post will cover the appeal of Ripple and Solana, including a comparative analysis. Further, it will explore the rising interest in Meme Moguls, explaining why it is among the best coins to invest in.
By market capitalization, Ripple (XRP) is the fifth largest cryptocurrency. Its market size is over $30 billion and growing. Does this make its future growth potential limited? Likely. Further, regarding its tokenomics, it has a maximum supply of 100 billion XRP Ripple tokens.
According to a bullish XRP price prediction by Crypto Daily, the token can push towards $0.9224. An increase in adoption and utility will drive it toward this level, per this forecast. At the time of writing, the XRP price is at $0.62 and appears to be gaining traction.
Solana (SOL) is popularly known as a DeFi (decentralized finance) giant. In terms of market size, it is ranked 6th, behind XRP. This suggests more upside potential.
In terms of total supply, it has a competitive advantage over XRP, with 564 million tokens. In light of this, the Solana crypto is expected to rally higher. Nevertheless, the Solana price might be seen as more expensive, as it trades above $70.
According to Crypto Daily’s Solana price prediction, if it breaks its immediate resistance level, $82, it could target $89. An influx of capital into the crypto space and positive market sentiment are expected to drive it to this mark.
Meme Moguls (MGLS) has become a clear favourite among investors, even with Solana and Ripple as options. Its advanced tokenomics, growth potential, unique concept, and cheap price make it desirable. Poised to skyrocket, investors have been positioning themselves for the impending surge.
To begin, it has a low supply of 3 billion tokens, which pales in comparison to Ripple’s 100 billion tokens. Further, it is a new narrative in the crypto space, standing at the intersection of P2E (play-to-earn), GameFi, trading, and memes. It will function as an in-game currency and a governance token within the ecosystem.
The ecosystem will host a novel game built around trading. The game’s main feature will be simulated investing, mirroring real-world trading. Remarkably, gamers will learn investing strategies while playing the game, along with earning prizes and rewards. It also promises to be fun.
Given the above, it is primed for a strong rally after launch. The presale is in its second stage, and a token costs only $0.0023. According to experts, it has a 50x upside potential, positioning it as one of the best cryptos to invest in.
Interestingly, a mouthwatering giveaway was recently announced, worth $20,000 in tokens. It will be active till the end of presale stage 2, providing enough room to participate.
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
XRP price has struggled to move higher even as XRP exchange traded funds continue to…
Bitcoin price continues to move sideways after a quiet weekend, showing little momentum in either…
Interest in XRP exchange traded funds is growing quickly after another product received approval. Cboe…
Investors searching for the next high-upside opportunity are now comparing this $0.035 emerging crypto to…
The LINK price remains capped and under bearish pressure despite there being strong signs of…
Strategy, the company led by Bitcoin advocate Michael Saylor, has successfully held its place in…