Can BONK Leave the Bear Market Before 2024? Pepe Coin Eyes Second Monthly Peak as Meme Moguls (MGLS) Third Stage Selling Out Quick

BONK skyrocketed by an impressive 12,179% since its debut, riding high on widespread popularity and community involvement. However, the once fervent BONK craze appears to be cooling off as the coin faces a persistent bear market that has lingered throughout the week.

On a different note, the Pepe coin is displaying indications of hitting a new monthly peak by the end of the month. Meanwhile, Meme Moguls is gaining traction, currently in the midst of a swift third-stage presale.

Can BONK Make a Bull Move Before 2024?

After reaching its first all-time high on December 15, BONK has maintained a slow decline. Although the price of Bonk has not declined significantly: in the last 30 days, BONK has experienced a whopping 234.77% increase, but in the past seven days, BONK has declined by 30.60%, hovering at a range of $0.00001342 as at the time of writing — a 55.65% below its ATH price of $0.00003024.

The price of BONK is currently declining with a week-long bear trend and its market activity has dropped 18.82%. It’s unlikely that BONK can regain a bull run as soon as this month. However, anything remains possible in the highly volatile crypto market.

PEPE Shows Signs of Reaching a Second Monthly Peak Price

PEPE coin started with a peak price this December, reaching around $0.000001670 on December 9. On the 23rd, PEPE made another attempt to reach a new peak but wasn’t able to as it maintained a raised price of $0.000001548.

PEPE is currently ranging around the range of $0.000001466 and $0.000001417, as it makes another attempt to reach a second peak. To be clear, PEPE had a 31.97% increase in the last 30 days and 12.05% in seven days, maintaining a bullish trend.

The trading volume of PEPE is up by 44.71% as of the last 24 hours so, the price of PEPE is expected to maintain a bullish sentiment. While Pepe may position itself as one of the top crypto coins in the meme coin market, Meme Moguls show even more promise as a utility token.

Meme Moguls (MGLS) is Selling Out a Third Presale Fast

Due to being a unique meme utility token, and a trendsetting coin, Meme Moguls is currently selling fast in its third presale, with each $MGLS token going $0.0025. Meme Moguls stands out as the premier meme coin in the crypto space, offering more than just hype. 

As a Play-to-Earn (P2E) token on the Ethereum blockchain, $MGLS serves dual roles as an in-game currency and a governance token within the Meme Moguls ecosystem. With features like simulated investing, users can compete in virtual trading games, employing investment strategies, and vying for cash prizes and meme rewards.

This unique platform allows community members to organize tournaments, creating a vibrant and competitive community. Whether it’s beating the market, engaging in head-to-head contests, or climbing the ranks to become a “mogul,” users can monetize their trading expertise and earn a passive income.

Meme Moguls may become the best crypto investment for meme coins due to its innovative approach. The inclusion of a marketplace for buying, selling, and swapping game items, as well as rare NFT characters enhancing trading conditions, adds a layer of complexity and excitement.

With an ecosystem that further extends to staking, allowing players to contribute tokens to earn more $MGLS and participate in the cash prize pool, Meme Moguls poses as the best crypto investment for traders and investors.

Learn more about the $MGLS here:

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