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Shiba Inu (SHIB) and Dogecoin (DOGE) fell by more than 20% in January. In that time frame, Meme Moguls (MGLS) rose by 90% in its presale.
Shiba Inu burn rates surge by 660%
The Shiba Inu network has burned over 115 million tokens in the past day.
Even so, SHIB prices fell despite new updates from developers.
On the last day, SHIB is trading at $0.000009053, and
relatively stable.
Dogecoin’s network activity rising
Dogecoin is rising on rumors that DOGE might be integrated into X’s X Payments.
More wallets are being created, and Dogecoin adoption is up by 86%.
The release of a popular game on the Dogecoin blockchain has also contributed to this increase in activity.
DOGE is up by 0.15% in the last week, trading at $0.07953 with a daily trading volume of $232 million.
Meme Moguls gains momentum
Meme Moguls is launching a game preview showing what features and modes will be included.
They also announced that the Meme Moguls presale will end soon.
In March, they will test phase 1 of the game launch.
Experts predict MGLS will rally in the months ahead.
For now, MGLS is trading at $0.0036 but will rise to $0.0042 in stage 6 of the presale.
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Source: https://crypto.news/shiba-inu-and-dogecoin-retrace-as-meme-moguls-surges-in-presale/