Solana

Dragon

Silly Dragon

Bonk

<div class="coinjournal">
 <ul>
  <li>Meme Moguls (MGLS) has accelerated its presale as more participants bet on the new meme-based assets platform.</li>
  <li>Increaased investment in MGLS comes as one trader reportedly turns 1 SOL ($62 at the time) into $2 million as they traded a Solana-based meme coin.</li>
  <li>MGLS is priced at $0.0025 and in stage 3 of the presale.</li>
 </ul>
 <p dir="ltr">In one spectacular moves in the crypto market, a savvy <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a> turned a modest $62 into a fortune as their bet on a Solana-based meme coin returned over $2 million. The <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a>’s jackpot isn’t isolated as more and more regular <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a>s become adept at spotting gems across the market.</p>
 <p dir="ltr">One of those likely to grab more attention as the crypto market flips bullish is Meme Moguls – a new token set to bring the benefits of trade-and-earn to the increasingly profitable meme coins sector.</p>
 <h2 dir="ltr" id="huge-win-as-meme-trader-1-5-sol-into-2-million">Huge win as meme trader 1.5 SOL into $2 million</h2>
 <p dir="ltr">An on-chain analytics platform has alerted the crypto community to the exploits of one trader that managed to turn 1 Solana (SOL) into millions of dollars after trading a Solana-based meme coin.</p>
 <p dir="ltr">According to <u>details</u> shared by Lookonchain on December 27, the <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a> had used 1 SOL (worth about $62 at the time) to buy Silly Dragon (SILLY).</p>
 <p dir="ltr">The transaction, initiated five minutes after SILLY opened trading, was for 43.1 million SILLY tokens and in 22 days, they had seen their bet grow to over $2 million worth of the meme coin. After cashing out $528k, the trader held over 9.7 million of the meme token (worth about $1.5 million).</p>
 <p dir="ltr">Can regular <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a>s make such money on meme coins? Recent rallies for Bonk (BONK), Pepe (PEPE) and other tokens have returned staggering profits for many <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a>s.&nbsp;</p>
 <p dir="ltr">Earlier this year, one PEPE <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a> reportedly made $1.02 million from a $250 <a rel="noopener noreferrer nofollow" title="Investment" href="https://thebittimes.com/tag/investment.html">Investment</a>, while another invested $4,410 and saw it return $1 million.</p>
 <p dir="ltr">While major losses have also occurred in the crypto market, it could be argued that the chances of an opportunity of a lifetime are also there. Due diligence is critical and the initial investment doesn’t have to be all that one owns.</p>
 <h2 dir="ltr" id="meme-moguls-play-trade-and-earn-with-meme-coins">Meme Moguls: Play, trade and earn with meme coins</h2>
 <p dir="ltr">Meme Moguls is a new meme-based platform offering a stock market-style trading exchange. At its core, Meme Moguls is designed to offer earn opportunities to meme coin <a rel="noopener noreferrer nofollow" title="trader" href="https://thebittimes.com/tag/trader.html">trader</a>s.</p>
 <p dir="ltr">Powered by the ERC-20 token MGLS, Meme Moguls is an exchange whose ecosystem leverages an innovative play-to-earn game to give users the opportunity to earn from all the trending meme coins.</p>
 <p dir="ltr">Whether it’s Dogecoin, Shiba Inu, Bonk or other meme coin making waves in the market, traders will have a chance to put their trading skills to test as they earn MGLS. The combination of gaming, trading and meme power, with no buy or sell tax, could be a game-changer.&nbsp;</p>
 <p dir="ltr">This might see Meme Moguls trending as one of the best play-to-earn platforms to add to the tag of being one of the hottest presale projects today.</p>
 <h2 dir="ltr" id="meme-moguls-presale">Meme Moguls presale</h2>
 <p dir="ltr">As noted above, Meme Moguls is currently in stage 3 of its presale. Its potential to redefine meme coin trading via P2E gaming has seen over $1.1 million raised as of December 29.&nbsp;</p>
 <p dir="ltr">This phase of the roadmap offers crypto enthusiasts a chance to be early birds ahead of its official launch in 2024. 60% of the total 3 billion token supply is available during the presale.</p>
 <p dir="ltr">With MGLS as the governance and in-game currency for the ecosystem, its importance means it could become increasingly valuable to holders.</p>
 <p dir="ltr">According to details on the presale page, the early offer has MGLS priced at just $0.0025, making this potentially a great entry point. Analysts are also tipping this token for a possible 100x move when Meme Moguls goes live.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/meme-moguls-grabs-investor-attention-as-trader-turns-62-into-2m-with-solana-meme-coin-tbt75101.html">https://thebittimes.com/meme-moguls-grabs-investor-attention-as-trader-turns-62-into-2m-with-solana-meme-coin-tbt75101.html</a></p>

Meme Moguls grabs investor attention as trader turns $62 into $2M with Solana meme coin

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