Several events are in the pipeline that can alter the course of the crypto market. One of the most prominent among them is the Bitcoin halving. However, given the extremely volatile nature of Bitcoin (BTC), investors are looking for other profitable options like Meme Moguls.
This new meme coin project has stunned market analysts with its enormous growth potential. Its ongoing presale is getting sold out fast, and its value is expected to boom 10000% in the first year.
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Meme Moguls (MGLS) Kicks Off The Presale Phase In Style
The current market cap of the meme coins sector is $22.20 billion, which is increasing day-by-day. A new project, Meme Moguls, is about to further increase the profitability and market size of the meme coins sector. It is not like other meme coins that are based on hype. Rather, Meme Moguls serve real and tangible utility.
It is a P2E meme token that will roll out a one-of-a-kind game which will help users learn to invest and build wealth. It will provide users with a virtual stock market trading game where they can invest and earn. On this platform, users can battle head-to-head in a winner-takes-all contest to win exciting rewards. The platform members can also plan for trading tournaments with a prize pool.
https://twitter.com/meme_moguls/status/1733077444930703567
Meme Moguls allows you to join free and paid tournaments to win cash prizes and meme collectibles. Additionally, if you buy and sell rare NFT characters, you can improve your trading conditions. Notably, the platform’s ecosystem includes Moguls World where users can connect and mine tokens.
MGLS will be the native token of the platform. Token holders can stake their tokens to earn passive income. The more tokens staked, the higher the potential earnings. The presale of the tokens has begun, and is currently in stage 1. Right now, the value of an MGLS token is $0.0021. But it is likely to give 100x returns in the first year.
There will be giveaways worth $10,000 at the end of each presale stage. So, if you join the platform now, you will get a chance to win several giveaways in the coming weeks.
Solana’s BONK Token Listed On Coinbase
The ecosystem of Solana has witnessed several developments in recent months. Thus, Solana has been able to move upward on the price chart. In the past 30 days, SOL has seen a surge of 25% in its value. Therefore, the current trading price of Solana has jumped to $68.43.
The latest event to push Solana upward was the listing of its BONK, a dog-themed token, on Coinbase. According to experts, this development will significantly increase the trade volume on the Solana network. Reportedly, the Solana blockchain has recently registered a massive trading volume of $924.7 million in a day.
Bitcoin (BTC) ETF Fuels Optimism Around Halving
The Bitcoin community is worried about the prevailing market conditions ahead of its halving event. While the news regarding the establishment of the Bitcoin ETF has fueled optimism, macroeconomic conditions are pulling BTC down.
Besides, regulatory actions against big players like Binance and Coinbase have further made it hard for Bitcoin to win investors. The price movement of Bitcoin is also dwindling.
The trading price of BTC has gone down by 3% in the past seven days. Subsequently, a Bitcoin token is now available to purchase at $42,410.03.
