The crypto market is booming following Bitcoin’s rise to $43,000. Thousands of new investors are buying tokens daily, and now analysts are debating which projects will offer the highest returns in 2024. According to current predictions, Shiba Inu and Meme Moguls could be the top investments, with early analysis suggesting that Meme Moguls could offer 100x returns for bullish investors.
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Shiba Inu’s Price Declines in December: Is It Too Late to Profit?
After experiencing several significant price increases in November, Shiba Inu’s price has fallen just one week into December. On December 6th, Shiba Inu hit a monthly high of $0.00001 before falling 2.35% overnight. Shiba Inu’s daily trading volume has also fallen by 62.64% to $300 million, suggesting that the project’s recent bull run may be slowing.
Nonetheless, investors remain positive about the memecoin. Shiba Inu burn rates remain the lowest they’ve been in months, and Shibarium, Shiba Inu’s layer-2 scalability platform, is gaining traction. The project recently hit a milestone of 50 million transactions, suggesting that Shiba Inu is gaining widespread adoption.
As Shiba Inu continues to build its utility, analysts are bullish about the memecoin. Many believe that despite its recent dip, Shiba Inu will continue to increase throughout December and Q1 of 2024. While predictions range, bullish experts believe that Shiba Inu could offer a 20x ROI for investors who get involved now.
That being said, Shiba Inu is an extremely volatile and unpredictable memecoin and therefore, all predictions should be met with caution.
Will Meme Moguls Become The Next Big Cryptocurrency?
Meme Moguls is a new DeFi project designed around trading education. The project introduces a game designed to help users build knowledge around trading without needing to risk their money. To begin, Meme Moguls gives each player $100,000 in virtual currency to invest in the stock market.
Players will be given a number of challenges to help them understand how trading works and find strategies they like. After gaining a basic understanding of investing, users will be able to compete in games such as Beat the ‘Market’’ and take part in player vs player tournaments for lucrative rewards.
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
By playing games, users will increase their in-play rankings and eventually become a “Mogul.” Each mogul will have the opportunity to monetize their trading experience, earn in-game rewards, and generate a passive income.
In-game rewards can be traded through the Meme Moguls marketplace, which will give players access to a wide range of items and NFTs. This marketplace will be powered by $MLGS tokens. $MLGS tokens will be used as an in-game currency, and token holders will also have governance and voting rights.
Investors are currently buying $MLGS during phase one of the Meme Moguls presale. Tokens are selling at $0.0021 and will increase in value throughout each presale phase. In addition to price increases, one investor will win $10,000 once each presale round sells out, making Meme Moguls an extremely lucrative opportunity.
As the Meme Moguls community grows throughout 2024, market analysts believe that the project could offer returns of over 100x, hitting highs of $0.19 and offering significant returns for investors involved in the Meme Moguls community.
For more information about the Meme Moguls (MGLS) presale:
Website: https://mememoguls.com/
Buy presale: https://app.mememoguls.com/sign-up
Twitter: https://twitter.com/meme_moguls
