Meme Moguls has emerged as a leader in the meme coin sector as it became the most traded meme coin behind Dogecoin, Shiba Inu, and Pepe. Interestingly, the crypto ICO has increased by 21% since the beginning of its presale.
Dogecoin (DOGE) Goes To The Moon, Price Surge Coming?
Dogecoin (DOGE) has launched on a mission to the moon today aboard the Vulcan Centaur rocket. Notably, the United Launch Alliance (ULA) launched its first Vulcan Centaur rocket to the moon today, carrying NASA’s Astrobotic Peregrine lunar lander as well as a Dogecoin copy.
Unfortunately, Dogecoin is not going “to the moon” on the charts. According to CoinMarketCap, Dogecoin price is down on the charts after hitting a 7-day peak of $0.09437. Still, Dogecoin supporters are expecting a market rebound in the coming days. If this occurs, the Dogecoin price could reclaim the $0.1 price region.
Shiba Inu (SHIB) Whale Continues Accumulation Spree
Shiba Inu (SHIB) has seen large whale accumulation in the past few weeks. Whales have been removing Shiba Inu coins from exchanges.
According to the on-chain analytical platform Spotonchain, a new whale wallet withdrew 546.342 billion SHIB coins. Spotonchain also reported that five Shiba Inu whales, including Tron founder Justin Sun, have withdrawn 2.742T SHIB from Binance in the last 1.5 months.
Meanwhile, Shiba Inu exchange reserves have fallen 4% since December 16th. This shows decreased selling pressure and likely accumulation of the ERC20 coin. With these, the Shiba Inu price might rise 8% from its current price of $0.000009156 to $0.00001004.
Pepe (PEPE) Price Prediction
The frog-themed meme coin Pepe (PEPE) has had a rough time in the last few weeks. While the token made some gains in December 2023, it lost everything in 2024.
According to CoinMarketCap, Pepe’s crypto price is down about 80% from its December peak of $0.00000155. Looking at the price chart, $PEPE is oscillating between $0.000001063 and $0.00000144.
The latest price drop has wiped out its gains on the weekly and monthly charts. Nevertheless, analysts have foreseen the ERC20 coin rising 9% to $0.000001254.
Meme Moguls (MGLS), 4th Most Traded Coin in the Meme Coin Market
According to data, Meme Moguls (MGLS), a crypto ICO in the presale phase, has seen a lot of trading activity. It is currently the 4th most Traded meme coin after Dogecoin, Shiba Inu, and Pepe. Apart from trading volume, the price of its native token has increased to $0.0027 in the last few weeks.
Meme Moguls is a platform that will bring together meme fans and gamers. One of its most prominent features is the “wealth leaderboard.” The best 20 players gain a part of the revenues as cash rewards. It’s a fun game where everyone seeks to climb the scoreboard by winning contests and competitions.
The platform also includes a guideline to assist players in diversifying their assets. It prevents users from investing over 20% of their virtual money in a single transaction. This encourages everyone to diversify their investments and reconsider how they invest in the game.
MOGULS!! 🔥
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt— Meme Moguls (@meme_moguls) December 8, 2023
The “Mogul World,” a virtual place where you can mine tokens, stake them, and communicate with others, is another feature. There’s a whole universe to discover and enjoy. Because of these features, Meme Moguls’ native token, MGLS, has become the best crypto to buy. Also, the token is your access to the platform.
MGLS is currently worth only $0.0027. Analysts predict a rise to $0.1 in 2024. So, Meme Moguls aren’t only for fun; there’s also a lot of money to be made. Meme Moguls has already raised almost $1.6 million during its presale. This demonstrates rising interest from crypto enthusiasts throughout the world.
In Conclusion
Dogecoin, Shiba Inu, and Pepe might be the most famous meme coins in the industry. Still, it is wise to pay attention to new meme coins like Meme Moguls. Unlike them, Meme Moguls has utility, making it the best crypto to buy.
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Wanda Parisien is a computing expert who navigates the vast landscape of hardware and software. With a focus on computer technology, software development, and industry trends, Wanda delivers informative content, tutorials, and analyses to keep readers updated on the latest in the world of computing.
