Meme Moguls (MGLS), Aptos (APT), and Chainlink (LINK) Top DeFi Tokens to Watch
With meme coins and tokens capturing the crypto world’s attention, Meme Moguls – currently in the presale – offers a unique opportunity for enthusiasts to level up their trading skills and DeFi knowledge in a fun way. Meanwhile, Aptos confronts its next growth phase after a massive token unlock, and Chainlink teams with Arbitrum to advance smart contract capabilities. Read on to stay up to date.
Meme Moguls is unlocking the world of DeFi through play
Meme Moguls offers a fantasy arena for meme trading, portfolio building, and community education – with decentralized finance (DeFi) rewards integrated throughout. Players can earn additional MGLS coins or rare NFT collectibles by yield farming, staking positions, providing liquidity, and completing challenges in-game.
These DeFi activities teach people core concepts from trading strategies to collateralization and impermanent loss while earning token rewards and having fun. Educational quests will explain topics like leveraged trading, options, technical analysis patterns, on-chain analytics, and macro investing overlays.
With play-to-earn combined with accessible DeFi and trading literacy, Meme Moguls sets itself apart from typical meme coins. In fact, Meme Moguls is not a meme coin but rather a place where meme lovers can improve their skills, and learn about new potentially hot meme coins. Meme Moguls unlocks the world of decentralized finance to everyday crypto enthusiasts through gaming and competition, interactive learning, and incentivization schemes.
Staking, governance rights, liquidity mining, pro subscription services, and collectible NFT characters offer myriad avenues for profiting from engagement while nurturing knowledge and skillsets. Meme Moguls will prove that learning crypto trading mastery can be entertaining and also financially rewarding.
Over $200 Million in Aptos tokens unlocks
The Aptos blockchain has its genesis in Facebook’s failed Libra project before launching as an independent Layer-1. On February 11, the network saw nearly 25 million Aptos tokens unlocked from treasury and investor accounts.
At the current price of around $9, that influx equates to over $222 million and 7% of total circulating supply flooding markets. Historical data shows Aptos hitting highs near $17 last spring before declining as low as $5 this past fall amid broader crypto winter conditions.
That massive liquidation coupled with the token unlock could spark another leg down from its recent $9 range. That said, after a dip to $8 on Feb 12, Aptos rebounded and is currently holding $9, perhaps due to the bullish conditions of Bitcoin.
Aptos’ leadership sees the large token unlock as critical for decentralizing governance and funding ecosystem growth. Over the long term, the unlocks may prove beneficial if the network can quickly channel resources into utility development.
Chainlink teams with Arbitrum to advance smart contract capabilities
Chainlink, the leading decentralized oracle network, continues broadening its footprint after announcing mainnet beta availability of Chainlink Functions on Arbitrum One. The optimization brings serverless off-chain computing to one of Ethereum’s most popular layer 2 scaling platforms.
By introducing functions-as-a-service capabilities directly into Arbitrum’s architecture, Chainlink enables developers to leverage any external API without compromising trust or security. Teams can now build dApps connecting seamlessly to real-world data feeds and custom computational workflows.
The integration provides another bridge between Web3 infrastructure and traditional Web2 systems. As Arbitrum Co-Founder Ed Felten noted, “This partnership represents a big step forward in making it easier for developers to build on Arbitrum One.”
For DeFi builders struggling with congestion or gas costs on mainnet, migrating execution logic onto Chainlink’s off-chain nodes solves a major pain point. The collaboration helps position Arbitrum as the go-to layer 2 for enterprising developers.
Arbitrum One is the first of many new partnerships that Chainlink has planned, proving that their CCIP is extremely important for the future of DeFi and Web3.