If you’re big on crypto news, then you must be familiar with the impressive performance Solana has achieved lately. This same performance pushed Solana over XRP and even Binance just a few days away. However, amid a recent sharp price decline of Solana, Binance has now regained its position as the 4th largest cryptocurrency by market cap. Meanwhile, Meme Moguls has been able to raise over $1.3 million in its presale.
Binance Coin (BNB) Knocks Solana (SOL) Over Reclaiming its Lost Position
Binance exchange remains one of the largest crypto exchanges on the market and Binance coin follows suit as one of the best crypto to invest in. Over the past seven days, Binance has gained up to 11.35% in price and 28.72% in trading volume in the past 24 hours.
The highlighted stats coupled with a recent price decline of Solana have been able to push Binance back to its 4th position after losing it to Solana. However, both Binance and SOL are still together in a tight race.
According to Coinmarketcap, Binance (BNB) has reached a milestone, exhausting its total supply. In view of the bull run anticipated this year for altcoins, we expect an increasing demand for Binance, as it is one of the prominent crypto exchanges.
Solana (SOL) Falls Back to Being 5th Largest Altcoin by Market Cap
Solana coin has been one of the biggest highlights of 2023, having made an impressive 823.71% gain throughout the year, taking Solana from a 2023 start price of below $15 to a peak of $120.
The impressive price performance of Solana secured the majority of investor’s interest as even its market cap moved from below $19B at the beginning of 2023 to its current $47B.
With this incredible feat, Solana was able to overtake XRP and a few days back, it gained more market caps than Binance, eventually knocking over Binance.
However, Solana has recently declined, losing over 5.71% gains in the last 24 hours. As a result, Solana has fallen back a step below Binance on CoinMarketCap.
Meme Moguls (MGLS) Experiences Larger Gains as It Raises Over $1.3 Million
Meme Moguls (MGLS), a new play-to-earn token which is about to be released, has raised $1.3 million in its first three presale stages. At the moment, Meme Moguls is in its 4th stage presale which is already selling fast with each of its tokens going for $0.0027.
Meme Moguls is poised to experience further growth this year as a unique meme coin. Unlike most meme coins with no utility, Meme Moguls’s native token $MGLS brings various features and utilities that enable active earning and investment on its platform posing it as the new best crypto to invest in.
Meme Moguls’ gaming experience doubles as a dynamic platform that nurtures financial acumen through simulated investments. You can engage in challenges, compete for real cash prizes, and seize strategic portfolio management opportunities—this platform may potentially be the best crypto investment in 2024.
Meme Moguls’ community-driven spirit extends to user-created tournaments, head-to-head showdowns, and a wealth leaderboard that rewards excellence. Ascending the ranks not only earns you the revered “mogul” status but also provides a channel to monetize trading expertise for passive income.
The Marketplace adds another layer, introducing rare NFT characters to enrich trading conditions. Expanding the ecosystem, Moguls World, a metaverse, facilitates connections, token mining, participation in liquidity pools, and token staking for enhanced returns.