Shiba Inu (SHIB), Dogecoin (DOGE) and Meme Moguls (MGLS)


Memecoins are expected to bark in 2024, and three of the main contenders are Shiba Inu (SHIB), Dogecoin (DOGE), and Meme Moguls (MGLS). While the first two have been around for a while, Meme Moguls is debuting during a discounted token presale event. Let’s compare the three to see why they are the best picks for 2024.

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Meme Moguls (MGLS): mixing memes with financial trading


Meme Moguls (MGLS) is quickly gaining momentum as an exceptional pre-sale opportunity. Poised to create the world’s first meme-backed exchange, the arrival of Meme Moguls sees memes becoming assets that can be traded and invested in similar stocks.

It’s a space where the latest viral sensation is not only a source of entertainment but also a potential investment opportunity. Meme Moguls users can track the popularity and market trends of various memes, making informed buy, hold, or sell decisions, similar to stock trading.

Meme Moguls encourages interaction, discussion, and the sharing of ideas, making it fertile ground for meme enthusiasts and marketers. Meme Moguls also promotes friendly competition with the Wealth Leaderboard to showcase the best traders and reward them with unique NFTs and tokens.

For those looking to generate passive income, Meme Moguls offers an attractive staking option with its native MGLS token. The more chips you stake, the greater your potential winnings. The price of MGLS is just $0.0021 in the first presale round before increasing in subsequent rounds.

Experts in the space are predicting an impressive 100x rally for MGLS from this price level until it goes mainstream on Uniswap. This forecast indicates a promising opportunity for early investors to benefit from substantial growth if they buy now.

Dogecoin (DOGE): The influence of Elon Musk


Dogecoin (DOGE) took the crypto industry by storm in early 2021 as Elon Musk – the world’s richest man – publicly endorsed the meme-based cryptocurrency. His tweets advocating for mainstream adoption of DOGE caused the price to surge more than 16,000% from the January 1 price to reach a market cap of over $80 billion.

The bear market of late 2021 and 2022 saw Dogecoin drop significantly in value, but memecoin rebounds with renewed vigor in Q4 2023. From $0.05740 in late October to a current price of $0.08491, Dogecoin is showing why it is still the number one memecoin. in the world.

Looking ahead to 2024, Dogecoin remains a top choice for its community, strong branding, and celebrity support from Elon Musk. The fact that the richest man in the world still has the Dogecoin logo in his X bio will continue to drive the coin’s narrative forward, which will continue to determine its value.

There is also Dogecoin’s DOGE-1 mission, where a rocket will take Dogecoin to the literal moon on December 23, 2024. Such a publicity stunt will undoubtedly attract more investors and could push the price of Dogecoin above the resistance zone of $0.10 to $0.11.

Shiba Inu (SHIB): developing a decentralized financial ecosystem

The Shiba Inu team saw the potential in Dogecoin and created their memecoin in 2020. The goal was to overtake Dogecoin as the world’s number one memecoin, and the 100x gains for SHIB holders in 2021 are a testament to the success of their plan. However, Shiba Inu wants to do more than be a meme.

In 2022, ShibaSwap was launched, allowing users to swap their SHIB tokens and leverage Bone token rewards. The move signals Shiba Inu’s plans to become a major player in the decentralized finance (DeFi) space.

The latest version is the Shibarium layer-2 blockchain, providing fast and low-cost transactions for the Shiba Inu ecosystem. The impressive 5 million daily transactions on Shibarium show that network usage is already high and will continue to grow in 2024.

The Shiba Inu chart shows a significant descending trendline that has kept the price low since August 2022. But with Shiba Inu starting to break out of this trendline, we could see a strong move towards the 0.000020 resistance zone $ over the following months.

For more information on the Meme Moguls (MGLS) presale:

Website: https://mememoguls.com/

Buy in presale: https://app.mememoguls.com/sign-up

Twitter: https://twitter.com/meme_moguls





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