Tech

Shiba Inu Set for Another Pump as Meme Moguls Frenzy Continues

11 months ago
Bitcoin Ethereum News

Shiba Inu (SHIB) is preparing for a potential breakout, as evidenced by its on-chart performance. As a direct result, it captured significant attention from Web3 enthusiasts, as analysts are projecting another pump for the crypto in the upcoming months.

Alongside it, Meme Moguls (MGLS) is getting significant attention as it will be the first community-backed P2E meme-asset-inspired ecosystem that will give anyone the opportunity to practice and improve their trading strategies. We go over both of these cryptocurrencies to see which crypto to buy today for long-term.

Shiba Inu (SHIB) Will Pump to $0.000017 – CryptoBullet Has a Bullish Projection

Shiba Inu (SHIB) is heading upward in value as it broke past the $0.00001 price barrier during the week. In the past 30 days, the Shiba Inu crypto climbed 18.2%, and during the past seven days, it went up from $0.00000926 to $0.00001049, indicating that bulls are regaining control of the market. According to crypto analyst CryptoBullet, the 1-week timeframe is an indication that SHIB is making another attempt to move above the 50-week exponential moving averages and into the support zone.

The analyst also suggested that now is the time to pay a lot more attention to the Shiba Inu price movement, as the next big hurdle is its resistance line. With a market cap of $5,973,986,287, it is currently the second-largest meme coin in the market, and according to the Shiba Inu price prediction, it can reach $0.000017 by the end of 2024.

Meme Moguls (MGLS) Frenzy Continues As It Enters Stage 2 of Its Presale

Meme Moguls (MGLS) has seen bullish momentum in the market as it establishes a meme-backed exchange where players can access a P2E ecosystem built on top of Ethereum through which they can improve their trading strategies. 

In this ecosystem, each player will begin with virtual currency, where their starting value is at $100,000. They can then utilize it to begin trading in the virtual environment but can turn it into real-cash rewards by engaging throughout the various aspects of the ecosystem. Traders can also stake the native MGLS crypto and earn tokens in the Fantasy Trading platform. 

The ecosystem will also consist of a Farming Program where anyone can engage with staking pools. At the end of each presale period, there will be $10,000 given away to the most active user on X (Twitter). The presale entered Stage 2, where MGLS is offered at just $0.0023. Its price will increase with each subsequent presale stage. 

Meme Moguls will also be hosting a $20,000 giveaway this Christmas. Participants need to enter Zelay to participate and will need to complete specific criteria for quality, such as making original Tweets, retweets, and comments and using the #MemeMogulsGiveaway hashtag in their tweets.

Summary

While Shiba Inu is battling to reach a new price rally, the Meme Moguls crypto ICO has experienced a massive surge. With its captivating P2E and immersive ecosystem and the opportunity to buy, sell, and trade meme-inspired assets, Meme Moguls has gained a significant portion of attention from the Web3 enthusiast circles. It is set to revolutionize the meme space while also providing a one-of-a-kind entertainment experience, and due to all of these reasons, it is seen as a high-growth altcoin to get into. 

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Source: https://www.analyticsinsight.net/shiba-inu-set-for-another-pump-as-meme-moguls-frenzy-continues/