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Whales are diving into Cardano’s holiday wave, while Meme Moguls open its doors in its 2nd stage presale. Get ready for meme-tastic rewards, and a wild ride in this crypto rollercoaster season! Meanwhile, Ripple navigates regulatory storms, with its price teetering on the edge.
Summary
Cardano (ADA) Makes Waves with Whale Transactions and December Price Surge
Cardano is making waves this holiday season, propelled by a remarkable surge in whale transactions, and an 88% December rally. Data from IntoTheBlock reveals that over $1.5 billion worth of ADA moved in the past 24 hours, a strong signal of confidence from major investors.
This whale activity coincides perfectly with Cardano’s stellar December performance. Since the month began, Cardano has skyrocketed by over 88%. While other cryptos grapple with losses, Cardano confidently stands 18.16% higher in the last 24 hours, trading at a healthy $0.67 per token.
This sustained price growth, combined with the surge in whale transactions, highlights a growing belief in Cardano’s future potential.
Meme Moguls (MGLS): A Play-to-Earn Game That Pays You to Play with Memes
Remember that viral story of a Pepe, the Frog meme, turning $250 into a million in just four days? Meme Moguls, a revolutionary play-to-earn game, wants to make it a reality for everyone.
Meme Moguls is a new game that will let you make money by playing with memes. It’s like a stock market for memes, where you can buy, sell, and trade popular memes. The more successful your memes are, the more money you make.
But the project is more than just a meme market. It’s also a game where you will be able to build your own character, craft custom items, and compete to be the best Mogul. And the best part? You will earn real money by playing the game.
Users can use MGLS tokens to be part of the meme community, and make some extra money by staking. Users can also create their own avatars, compete to be a top Mogul, and get valuable meme items and rare NFTs.
Furthermore, there will be weekly prizes like gadgets and vacations. Meme Moguls is already getting attention, promising a fun and rewarding experience for meme enthusiasts.
Meme Moguls is different from other play-to-earn games in a few ways. First, it’s focused on memes, which are a popular and relatable form of culture. Second, it has a strong focus on community, with features like a real-time market data feed, a wealth leaderboard, and exclusive rewards.
At press time, the second stage presale is ongoing, and the tokens are available for purchase at $0.0023.
Ripple (XRP) Weathers Storm, US Crypto Bill Looms: Price Poised for Rebound
Ripple remains defiant in the face of regulatory headwinds. Ripple is holding its ground above $0.60 despite concerns of a potential dip to $0.55. This price point, known as an “imbalance zone,” represents a potential 7% drop for Ripple.
The resilience comes amidst a flurry of activity: pro-Ripple attorney, John Deaton, slammed Senator Elizabeth Warren’s crypto bill, while the elusive lawsuit settlement with the SEC remains on the horizon. Meanwhile, the US Consumer Price Index (CPI) data revealed a slight increase in inflation, adding to the volatility in the Bitcoin and altcoin markets like XRP.
However, Ripple’s recent resistance suggests a potential rebound could be brewing. As US crypto legislation nears its final stages, investors appear to be holding their breath, waiting to see the impact on the market.
*This article was paid for Cryptonomist did not write the article or test the platform.
