Bitcoin and Ethereum have risen dramatically this year, and as seasoned crypto lovers know, this is the beginning of meme season, which sees coins like Shiba Inu and Meme Moguls making the biggest gains.
Coincheck Announces Shiba Inu Listing Amid Developer Security Reminders
Leading Japanese cryptocurrency exchange Coincheck revealed on Wednesday plans to list popular meme token Shiba Inu (SHIB). The Tokyo-based platform believes the surprise addition will substantially expand liquidity and access for the recently surging Shiba Inu.
Prices for Shiba Inu jumped over 7% in the last 24 hours on the news. SHIB was trading around $0.00001004 at press time following the zero-cutting move. This has been a long time coming and is a sure sign of the arrival of meme season.
The initial rollout will allow Coincheck users to send, receive, buy and sell Shiba Inu through its web and mobile apps.
The integration builds on growing support among Japanese exchanges looking to capture overwhelming demand for Shiba Inu and ride its unpredictable price action. Japanese trading platforms BitTrade, SBI VC Trade, OKCoin Japan and others have added Shiba Inu over 2023.
Coincheck CEO Satoshi Hasuo said the exchange is “thrilled to welcome the SHIB community” as part of broader expansion efforts within the crypto sector. Hasuo’s decision comes as lead SHIB developer Shytoshi Kusama advised token holders to protect their account security. This is very relevant now that people are being assigned Shibarium accounts when they connect to the new crypto news site The Shib.
“While excitement is high, the team stresses that users should never share private wallet keys or connect to unverified links,” Kusama said. “Safety remains first and foremost.”
How to make the most of meme season with Meme Moguls
What if there was a token that represented meme coins and memes in general? And also focused on education while having fun. And what if that coin had the potential to get the sort of amazing gains we’ve seen from the likes of Shiba Inu, Pepe, Bonk and Ordi?
Well, as you can guess, now there is, and the coin is called MGLS, named after the Meme ecosystem it represents – Meme Moguls.
Meme Moguls will be a play to earn game and more. It aims to connect all that people love about crypto and memes, with a competitive edge, and plenty of ways to earn within the ecosystem.
As Shiba Inu developer Kusama knows, some meme coin traders are very experienced crypto users. But others are be new to the scene. Meme Moguls will be the ideal place for them to connect, with a focus on sharing info, having fun, and being rewarded in crypto for providing help. The platform will also do its bit and bring insights about new meme coins and trends to the community.
Additionally, the Meme Moguls leaderboard will motivate players towards bigger wins, all the while allowing traders to enjoy developing a meme-based avatar that they flex to the community as they do better in the game.
Meme Moguls can also teach people about liquidity providing and staking, and will give players MGLS tokens in return.
MGLS is in the first stage of presale, and experts predict an impressive 8000x from its current price.
Meme Season Conclusion
Shiba Inu is a very popular meme coin that has already captured the hearts of the crypto community and makes a good addition to a portfolio in a bull run. But as it is already a big coin, big gains will be harder to get. Meme Moguls aims to capture the overall bullish sentiment about memes and provide an easy way to make huge profits.
Visit Meme Moguls
Source: https://blockchainreporter.net/meme-season-set-to-begin-shiba-inu-and-meme-moguls-the-ones-to-watch/