MoonBag Scalability Raises $3.2M in Presale, Surpassing Celestia and Polygon’s Market Performance

Bianca Carvalho
By Bianca Carvalho Add a Comment
5 Min Read

Are you ready to start the exciting journey of multiplying your money with crypto this year? The very hyped 2024 bull season of trading has approached, but traders are not very happy with the old coins in the game. Celestia and Polygon are currently facing challenges in the crypto market. Celestia has seen a noticeable decline, while Polygon deals with volatility due to fluctuating trading volumes.

But MoonBag (MBAG) is one of the best alternatives in the current scenario. Analyst Jacob Crypto Bury has highlighted its potential to grow exponentially by 2025. Investors are eagerly jumping on board, with its presale already raising over $3.2 million. Because it is based on Ethereum, MoonBag’s scalability promises improved transaction efficiency, making it an attractive option for both small and large investors. 

MoonBag Scalability Raises $3.2M in Presale, Surpassing Celestia and Polygon's Market Performance = The Bit Journal

 

Celestia’s Legacy at Risk Amidst Market Struggles

The Celestia futures market has taken a hit recently. Recently, Celestia’s open interest has dropped by 44% in a very short time. Since open interest refers to the number of active future contracts, a drop indicates a loss of investor confidence. It has been at an all-time low since November 2023. The fact that it has decreased so dramatically suggests that traders are more inclined to close their positions rather than open new ones. 

This is generally seen as a bearish signal, indicating a lack of confidence in Celestia’s future performance. This declining open interest implies less trading activity and excitement around Celestia’s future, which could lead to further price declines. The market is showing signs of losing faith in Celestia, and new investors are considering MoonBag because of the impressive MoonBag scalability feature.

Investor Doubts Polygon – Will there be a Dark future ahead?

Polygon (MATIC) faces market volatility because of a big drop in trading volume and frequent price dips. Mixed market sentiments add to the uncertainty. This volatility highlights the challenges Polygon is facing. Investor excitement is already dropping, raising concerns about whether Polygon can recover or continue to decline.

MoonBag Scalability Raises $3.2M in Presale, Surpassing Celestia and Polygon's Market Performance = The Bit Journal

The price pattern in the daily time frame indicates that a breakout might be on the horizon, but analysts cannot predict whether it will favour the coin.

MoonBag Scalability Breaking Records: Gains Top Crypto Presale of 2024 Title

Jacob Crypto Bury, an analyst, has recently highlighted MoonBag as an exceptional investment opportunity. The MoonBag presale is already making headlines, with over half of its stages completed quickly and an impressive $3.2 million raised so far. In its sixth stage, MBAG coins are priced at just $0.0003 each. If you missed out on the earlier stages, there’s still plenty of growth potential, as each stage offers profit opportunities.

MoonBag Scalability Raises $3.2M in Presale, Surpassing Celestia and Polygon's Market Performance = The Bit Journal

Advertisement Banner

One of the key features that sets MoonBag apart is the MoonBag scalability. So, join the MoonBag presale today and aim for the stars. 

How to Buy MBAG Coins

If you want to buy MoonBag coins, create a MetaMask or Trust Wallet and link it to the official MoonBag website. Then, select your preferred payment cryptocurrency and choose the amount of MBAG coins you want to purchase. Once everything is set, click Buy Now, and you’re good to go.

Conclusion

A lot of crypto coins are currently facing turmoil. Celestia has faced a major drop in open market interest, which shows that its investors have lost trust. In addition to that, Polygon has been facing price dips, both up and down, indicating an uncertain future. 

Meanwhile, MoonBag stands out with its scalability and the potential for growth. Join the presale today. 

MoonBag Scalability Raises $3.2M in Presale, Surpassing Celestia and Polygon's Market Performance = The Bit Journal

Invest in MoonBag Presale 

Website: https://moonbag.org/

Presale: https://moonbag.org/presale

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org

Advertising Disclaimer

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach The Bit Journal’s audience directly. The Bit Journal’s editorial team does not create, endorse, or verify the content of Brand Press posts. Any views or opinions expressed in this content are solely those of the advertiser and do not reflect the opinions or views of The Bit Journal. The Bit Journal is not responsible for any claims, errors, or omissions in the content provided. For advertising inquiries, please email . [email protected]

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

TAGGED:
Share This Article
Follow:
Bianca Carvalho is a leading expert in digital marketing and content management with over 15 years of professional experience. Based in Lisbon, Portugal, Bianca has collaborated with both local and international brands to develop and implement effective marketing strategies. She has excelled in roles such as Digital Marketing Director, Content Strategist, and Senior Copywriter.Bianca is renowned for her leadership skills, having managed teams of up to 50 marketing and content professionals. She specializes in creating and executing comprehensive content strategies, producing various types of content including blog posts, whitepapers, case studies, and social media content. Her expertise extends to content management systems like Drupal and project management tools such as Asana, Slack, and Monday.com.Fluent in Portuguese, English, and Spanish, with a working knowledge of Italian, Bianca is also highly skilled in media production. She has worked on several high-profile advertising campaigns across Europe, enhancing her creative abilities and her capacity to manage complex projects under tight deadlines.In her personal life, Bianca enjoys exploring new digital trends, attending industry conferences, and spending quality time with her family. For more information and to view her portfolio, visit Bianca’s personal website or connect with her on LinkedIn.
Leave a Comment