Naveen Mallela, Onyx’s Head of Coin Systems, has revealed that JPMorgan has launched programmable payments using the blockchain system JPM Coin. The initial testing phase with Siemens AG in 2021 has evolved into daily transactions surpassing $1 billion.
This development has stirred interest in various cryptocurrencies, with Polygon (MATIC), TRON (TRX), and Meme Moguls (ELDG) making notable impacts. In this overview, we’ll delve into the price performances of each crypto to assess their growth potential.
Summary:
1. Polygon (MATIC): Anticipates a price surge, reaching a maximum value of $1.29 by the end of 2024.
2. TRON (TRX): Forecasts a surge to as high as $0.16.
3. Meme Moguls (ELDG): Expects a remarkable 100x surge at launch.
Polygon (MATIC) Achieves a 32.4% Price Increase Within a Week:
Last week, the price of Polygon (MATIC) soared by 32.4%, reaching $0.978.
This unexpected move led to the liquidation of $1.7 million in short positions. Notably, major crypto analyst Rekt Capital suggests that Polygon is on the verge of entering a new macro uptrend.
With the MATIC token’s price rising from $0.701 to $0.978, Polygon now holds the 12th position among cryptocurrencies, boasting a market cap of $8,822,441,039. A 25% increase in trading volume further establishes it as one of the fastest-growing cryptos. Predictions indicate it could breach $1 and spike to $1.29 by the end of Q4 2024.
**TRON (TRX) Aims for $0.16 in Early 2024:**
Although TRON’s climb was not as substantial, a 24.7% increase in October underscores ongoing interest in TRON. TRONSCAN reports a significant milestone with over 194 million accounts joining the network.
Despite a low point at $0.096 in the past seven days, TRON surged to $0.110, reflecting a total climb of 111.3% over the past year. Projections suggest it will spike to $0.16 at the start of 2024.
Meme Moguls (MGLS) Envisions a 100x Surge:
While Polygon and TRON exhibit bullish trends, Meme Moguls anticipates a price upswing driven by its innovative approach to meme coin trading.
The platform allows users to learn from trends and insights, facilitating buying, selling, and trading of meme coins with earning potential.
The MGLS token, currently trading at $0.0019, is projected to experience a 100x climb at launch.
For more information, visit [Meme Moguls](website-link).