Shiba

April

PepeCoin

Shiba Inu

Celestia

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 <p class="is-style-lead">Analysts have picked PepeCoin (PEPE), Meme Moguls (MGLS), and Shiba Inu (SHIB) as tokens that could rally as 2023 comes to a close. As this happens, Shiba Inu, the second largest meme coin by market cap, has contracted in price despite the recent token burning rate.</p>
 <h2 class="wp-block-heading" id="can-pepe-market-cap-reach-500-million">Can PEPE market cap reach $500 million?</h2>
 <p>PEPE rapidly gained momentum after launching in April 2023, entering the top 100 coins by market capitalization within its first two weeks.</p>
 <p>Its token price hit an all-time high of $0.000004354 in May.</p>
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 <p>Since then, PEPE has seen declining valuations amid the broader crypto downturn, trading 9.6% over the past week from around $0.00000118 down to $0.00000105 as of November.&nbsp;</p>
 <p>However, the project maintains a sizable market presence, with its current market cap hovering near $441 million. Some analysts <a rel="noopener noreferrer nofollow" title="expect" href="https://thebittimes.com/tag/expect.html">expect</a> PEPE’s market cap to break above $500 million in the coming sessions.</p>
 <p>Still, sustaining and building on previous peaks remains challenging while crypto markets face extreme uncertainty.</p>
 <h2 class="wp-block-heading" id="shiba-inu-stagnates-despite-rising-burn-rate">Shiba Inu stagnates despite rising burn rate</h2>
 <p>Shiba Inu has a token supply of over 589 trillion SHIB. However, more than 410 trillion tokens have&nbsp;been removed&nbsp;from circulation to create price scarcity and increase its value.&nbsp;</p>
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 <p>Despite this effort, SHIB prices are under pressure, dropping 5.3% from a seven-day high of $0.00000854 to $0.00000810, according to CoinMarketCap.&nbsp;</p>
 <p>Recently, 264 million SHIB tokens went out of circulation but failed to spark demand.</p>
 <h2 class="wp-block-heading" id="meme-moguls-launches-new-features">Meme Moguls launches new features&nbsp;</h2>
 <p>Meme Moguls&nbsp;plans to introduce the world’s first meme exchange.&nbsp;</p>
 <p>With the meme coin ecosystem and total market cap exceeding $18 billion, Meme Moguls aims to carve share from the scene.</p>
 <p>Towards this, Meme Moguls plans to cater to meme enthusiasts’ diverse needs. At its core is the Moguls Casino, where users can gamify their experience using MGLS and meme-related items.</p>
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 <p>Meme Moguls also plans to introduce a Moguls Exchange Trading Platform for meme traders. This will simplify the trading of memes.</p>
 <p>Meme Moguls will allow users to invest in liquidity pools and mine tokens to foster community engagement and participation. This approach aligns with the project’s emphasis on community-driven growth and empowers users to contribute to the ecosystem’s success.</p>
 <p>Currently, MGLS is available for $0.0021 in the ongoing presale. Additionally, Meme Moguls hosts a $10,000 giveaway after each presale stage, incentivizing early participation.</p>
 <p><strong>Visit Meme Moguls</strong></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/analysts-expect-pepe-and-meme-moguls-to-surge-in-late-2023-shiba-inu-struggling-tbt72192.html">https://thebittimes.com/analysts-expect-pepe-and-meme-moguls-to-surge-in-late-2023-shiba-inu-struggling-tbt72192.html</a></p>

Analysts expect PEPE and Meme Moguls to surge in late 2023, Shiba Inu struggling

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TheBitTimes

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