Who Will Dominate the Meme Market?

Bonk Inu (BONK), a meme coin built on top of the Solana blockchain, has soared to an all-time high, increasing by a total of 400% in the past 30 days. It reached the top 100 list and is now placed 80th, making it one of the largest meme coins in the industry. 

Meme Moguls (MGLS) is also picking up a significant level of momentum from traders as it implements disruptive technology to help users invest and build wealth. Today, we will go over both of these projects to see which crypto can dominate the meme market, and to see which is the best cryptocurrency to buy now.

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Bonk Inu (BONK) Spikes 7,000 Since October – Can It Break Above $0.000015?

Bonk Inu (BONK) was built on top of the Solana network as a meme coin intended to push interest in the ecosystem further. Over the past month, the Bonk Inu crypto made a remarkable surge of 400% due to the increase in buying demand. Its momentum is favoring buyers as they continue to form new heights despite facing rejections. The bulls can push its value further and break the Bonk Inu resistance at $0.000015. 

Crypto analyst Crypto_CBas on X (Twitter) told his followers how BONK will likely go up more in value and compared it to SAMO, another competing Soalna-based meme coin. Since October, Bonk Inu has seen a total upswing of over 7,000% in its value and has been listed on numerous Tier-1 CEXs. 

This new uptrend in December showcases signs that BONK is heading upward in value and that it can reach new heights. Analysts are now bullish on its future, and if it breaks its resistance, the Bonk Inu price prediction indicates that it can surge to $0.000020 by 2024. 

Meme Moguls (MGLS) Helps Users Learn How to Invest and Build Wealth

Meme Moguls (MGLS) is an upcoming P2E platform built on top of Ethereum that will provide anyone with access to a virtual environment where they can improve their trading skills and strategies. Each player starts with $100,000 in virtual cash. Each ecosystem participant can only invest up to 20% of the virtual cash they start out with to better simulate real-world, diversified investing.

MOGULS!! 🔥
Are you ready to change the landscape? 🧑‍🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt

— Meme Moguls (@meme_moguls) December 8, 2023

There are leaderboards that players can climb, and the further they get, the higher Moguls status they can reach. In order for players to get even more MGLS tokens, they can contribute their existing balance to the Meme Moguls staking pool. 

By doing so, they become eligible for rewards directly based on their share in the pool and its annual return percentage. Following the completion of each presale stage, one lucky, most active X (Twitter) follower will get $10,000 through a giveaway. There will also be rare NFTs that players can buy and then sell, which are used to enhance their trading capabilities. 

Summary

Bonk Inu is currently bullish on the charts and has showcased impressive growth based on its historical data. Yet, Meme Moguls is also showing a lot of interest from investors and traders, as it can see significant gains. The project is now undergoing its crypto ICO phase, where it is offered at $0.0021 during Stage 1. At launch, analysts project a climb of 2,500%, making it one of the best cryptos to invest in.

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