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Cardano is one of the largest cryptocurrencies and is anticipated to reach $1 before mid-2024.&nbsp;Experts also predict that Cardano can potentially hit an ATH this year.&nbsp;In other news, Shiba Inu has reportedly burned billions of tokens, yet the price of SHIB remains steady. Meanwhile, Meme Moguls is emerging to set a new bar for meme coins.
<h2 class="wp-block-heading" id="cardano-may-hit-an-all-time-high-this-year">Cardano may hit an all-time high this year</h2>
<a target="_blank" href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">Cardano</a>&nbsp;has faced headwinds in the past few years, failing to retest its all-time high of $3.10.&nbsp;
Even so, it is a top 10 coin by market cap.&nbsp;
While ADA remains far from all-time highs, experts say it can cross $1 by June 2024.&nbsp;
<h2 class="wp-block-heading" id="shiba-inu-burns-billions-of-shib">Shiba Inu burns billions of SHIB</h2>
Last week, Shiba Inu removed 9.41 billion SHIB from circulation.&nbsp;
Despite this,&nbsp;<a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">SHIB</a>&nbsp;is still under pressure.
You might also like: <a href="https://crypto.news/shibarium-sees-a-493-surge-in-daily-transactions-as-shib-gains-15-in-a-week/" rel="noopener noreferrer nofollow"> Shibarium sees surge in daily transactions as SHIB gains 15% in a week </a>
The Shiba Inu team has been actively contributing to token burns, resulting in a significant increase in burn rate.&nbsp;
They have plans to transition to automatic mode to burn a substantial amount of Shiba Inu tokens.&nbsp;
Despite these efforts, the price of Shiba Inu has dropped by around 9% since Jan. 11, possibly due to the broader crypto market’s reaction to the SEC’s approval of the first spot Bitcoin ETF after nearly a decade of anticipation and debate.
<h2 class="wp-block-heading" id="meme-moguls-setting-new-meme-coin-standard">Meme Moguls setting new meme coin standard</h2>
<a target="_blank" href="https://pr.mememoguls.com/17v2y0" rel="noopener noreferrer nofollow">Meme Moguls</a>&nbsp;stands out in the meme coin market by going beyond typical internet trends.&nbsp;
Introducing a play-to-earn game distinguishes it, offering users entertainment and educational value in investing while earning MGLS tokens.
You might also like: <a href="https://crypto.news/cardano-slows-down-lido-dao-and-meme-moguls-draw-investors/" rel="noopener noreferrer nofollow"> Cardano slows down, Lido DAO and Meme Moguls draw investors </a>
Unlike other meme coins, Meme Moguls integrates features like simulated investing, engaging gameplay, community tournaments, an NFT marketplace, and ambitious plans for a metaverse. This comprehensive approach positions Meme Moguls as the best crypto investment.
The emphasis on practical utility, using MGLS as an in-game currency and governance token, adds legitimacy, which sets Meme Moguls apart from meme coins driven purely by hype.
The MGLS token is gaining momentum. It is priced at $0.0027 in its stage 4 presale.&nbsp;
Read more: <a href="https://crypto.news/shiba-inu-and-meme-moguls-dominating-meme-coins-heres-why/" rel="noopener noreferrer nofollow"> Shiba Inu and Meme Moguls dominating meme coins: here’s why </a>
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Cardano targeting all-time highs, Shiba Inu burns billions of SHIB, Meme Moguls sets new bar for meme coins

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