According to CoinCodex, the meme coins market cap is currently $17.89B. With this booming sector, numerous projects are looking to tap into it. Notably, two tokens have recently caught the crypto community’s attention: Shiba Inu (SHIB) and Meme Moguls (MGLS). These tokens are being touted as potential game-changers that can deliver substantial gains in 2024.
Shiba Inu Price Prediction
As Shiba Inu (SHIB) continues to captivate the crypto community, recent developments suggest a bullish trajectory for the meme-inspired token. The lead of Shiba Inu’s marketing team, Lucie, has proposed listing the BONE token on Robinhood. Lucie emphasized that BONE powers Shibarium in the pitch directed at Robinhood via social media.
In addition to strategic marketing efforts, Shibburn data reveals a remarkable Shiba Inu burn rate surge, registering a 1330% increase in a single day. Regarding price performance, the Shiba Inu value has increased from $0.00000769 on November 3rd to $0.000008327 on November 10th. Moreover, its trading volume sits at $282B, which is a rise of 52% overnight.
Analysts predict that SHIB could witness a substantial surge with its dedicated community and ongoing developments. They foresee its value rising to $0.00001620 within Q3 of 2024.
Meme Moguls (MGLS): A Meme-Backed Exchange
While Shiba Inu continues leaving its mark, one project that will soon launch its presale is also turning its heads its way – Meme Moguls (MGLS). Unveiling itself as the world’s first meme-backed exchange, Meme Moguls will introduce a fusion of meme-inspired assets and blockchain technology.
Expansive Ecosystem
At the core of Meme Moguls’ innovative approach is creating a meme-backed market, providing users with a unique platform to trade and engage with meme-based assets. The MGLS integration has another layer of usability, with the access to exclusive features and benefits in the ecosystem.
In addition, Meme Moguls is also bringing excitement into gaming through its Casino designed for use with MGLS tokens. This immersive blending of trading and gaming takes meme tokens beyond their traditional boundaries creating an ecosystem.
Not only that, Meme Moguls will introduce Mogul Land, a space where users can connect, mine tokens, join liquidity pools, and stake their tokens.
MGLS – A Must-Have Token
At the heart of this platform will lie the MGLS token. Holding it will give you governance voting rights and staking rewards. This utility-driven approach distinguishes Meme Moguls from Shiba Inu, providing users with entertainment through memes and a tangible and functional asset within a dynamic ecosystem.
It is now in the Beta stage of its presale with a value of $0.0019. However, analysts predict a 1,000% growth before its presale ends. Thus, MGLS may become the most exciting meme token in 2024.
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The post Shiba Inu (SHIB) and Meme Moguls (MGLS) Are the Only Two Tokens That Can Give 20x Returns in 2024 appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/shiba-inu-shib-and-meme-moguls-mgls-are-the-only-two-tokens-that-can-give-20x-returns-in-2024/