Shiba

VeChain

Dogecoin

Shiba Inu

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are struggling. Meanwhile, the Meme Moguls presale has raised over $2.3 million.&nbsp;
<h2 class="wp-block-heading" id="strong-meme-moguls-presale-hits-2-3-million-strong">Meme Moguls presale hits $2.3 million</h2>
<a target="_blank" href="https://pr.mememoguls.com/1mqrvn" rel="noopener noreferrer nofollow">Meme Moguls</a>&nbsp;is popular due to its unique play-to-earn game and token utility.&nbsp;
Through this project, users can earn rewards, climb leaderboards, stake meme-inspired assets, and earn rewards and NFTs.&nbsp;
You might also like: <a href="https://crypto.news/the-sandbox-axie-infinity-and-meme-moguls-price-prediction-for-2024/" rel="noopener noreferrer nofollow"> The Sandbox, Axie Infinity, and Meme Moguls price prediction for 2024 </a>
Additionally, Meme Moguls provides an exclusive trading environment where traders can share their skills and access diverse investment opportunities.&nbsp;
Its native token,&nbsp;<a target="_blank" href="https://pr.mememoguls.com/1mqrvn" rel="noopener noreferrer nofollow">MGLS</a>, is the lifeblood of the ecosystem, granting governance rights, marketplace access, and potential growth.&nbsp;
The platform has a valuation of $2 million as MGLS trades for $0.0036 in the current presale stage.
<h2 class="wp-block-heading" id="strong-dogecoin-s-dominance-dwindle-strong">Dogecoin’s dominance dwindle</h2>
Dogecoin is down 11% and 21% in the past week and month, illustrating that meme coin’s viability depends on its usefulness.&nbsp;
The meme coin used to be popular due to endorsements from top figures like Elon Musk, and it was even accepted as a payment option by X and SpaceX.&nbsp;
<h2 class="wp-block-heading" id="strong-shiba-inu-struggling-strong">Shiba Inu struggling</h2>
Shiba Inu rallied in the last bull cycle of 2021.
Its creator, Ryoshi, is anonymous.&nbsp;
You might also like: <a href="https://crypto.news/shibarium-witnesses-surge-in-new-users-as-it-hits-transaction-milestone/" rel="noopener noreferrer nofollow"> Shibarium witnesses surge in new users as it hits transaction milestone </a>
Shiba Inu decreased by 23% from mid-December to the New Year.
At the same time, Shibarium–its layer-2 platform, also saw a decline in daily transactions and user activities.&nbsp;
Despite having millions of holders and a high market cap, Shiba Inu is still recovering from the effects of last year’s bear run.
<h2 class="wp-block-heading" id="strong-conclusion-strong">Conclusion</h2>
Dogecoin, Shiba Inu, and other meme coins are under pressure. However, the Meme Moguls is successful as the platform is now worth $2 million. Supporters expect more gains, citing Meme Moguls’ unique play-to-earn system and token utility.
Read more: <a href="https://crypto.news/analysts-say-meme-moguls-mantle-and-vechain-are-potent-sub-0-50-tokens-to-consider/" rel="noopener noreferrer nofollow"> Analysts say Meme Moguls, Mantle, and VeChain are potent sub-$0.50 tokens to consider </a>
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Meme Moguls presale hits $2.3m as Dogecoin and Shiba Inu struggle

Table of Contents

crypto.news

Άλλα άρθρα που δημοσιεύτηκαν στις 15 Φεβ 2024

US Treasury reports minimal crypto use in financing Hamas activities

Billy Markus reveals surprisingly small Bitcoin holdings

Why is the Federal Reserve pushing for stablecoin regulation?

VC Roundup: Blockchain infrastructure, data analytics and BTC for DeFi catching investors' attention

Crypto Casinos: Beyond Spins and Cards

NEOPIN Major Updates

Join our free newsletter for daily crypto updates!