Shiba Inu News
Recently, D3 announced early access to the Shiba Inu (SHIB) Name Token. This interoperable digital identity has caused interest in this meme coin to skyrocket. The Shiba Inu coin will be trading at $0.00001053 on December 30, up by 1.07% from its price of $0.00001042 on December 29.
From a technical perspective, this bullish trend may continue as Shiba Inu now has 23 technical indicators in the green. Moreover, its Fear & Greed index rating shows a 68 (Greed) – good bullish signs.
Due to all these reasons, market analysts remain confident about Shiba Inu’s long-term growth potential. They forecast a potential surge to $0.00001137 before January 2024 ends. This makes SHIB one of the top meme coins.
Meme Moguls (MGLS): Brings Innovation to the Meme Industry
According to Statista, the meme industry will be valued at $6.1B by 2025 – and Meme Moguls (MGLS) could dominate this sector. It will bring a unique play-to-earn (P2E) game that will teach you all there is to know about investments and wealth-building.
You will climb up the Wealth Leaderboard as you engage in various stock market virtual trading games. Here is the exciting part – once you reach the top 20 spot, you will share a prize pool derived from Meme Moguls’s daily revenue.
While this game is the main attraction, Meme Moguls will also include other features in its ecosystem, such as:
- Moguls World: A metaverse world where you can access token mining capabilities, liquidity pools, and prospects for token staking.
- Staking: This allows you to boost your MGLS token holdings by contributing your existing tokens to the Meme Moguls staking pool.
The MGLS token drives all these features and the in-game currency and governance token for Meme Moguls. This fact makes MGLS stand out from 99% of other meme coins, which are only hype-driven. Currently, it has a value of just $0.0025 as it is in Stage 3 of its presale. But, with millions of tokens sold and $1.1M raised, demand is high.
Experts forecast a potential price surge to $0.19 for MGLS after it hits exchanges in 2024. This would give a 100x ROI for all those who buy it now. If you purchase it now, you will also receive a 15% deposit bonus, making MGLS the best crypto to invest in.
Conclusion
When comparing both of these meme coins, we can see that Meme Moguls stands out. Firstly, it has actual utility, while Shiba Inu is still lacking any, which can result in extreme volatility. Secondly, MGLS has a market cap of $7.5M, while SHIB’s sits at $6.2B. This means that MGLS will experience growth much faster as fewer new funds are needed.
Meme Moguls is now running a $10,000 in MGLS tokens giveaway. If interested, buy the MGLS token, submit it on Zealy, and increase your participation. The more MGLS tokens you hold, the more rewards.