Meme coins are dominating the charts in mid-December of 2023. Two notable examples of this include Meme Moguls (MGLS) and Bonk Inu (BONK), which are shattering expectations and are climbing up the ranks.
Recently, BONK reached the 80th spot on the top 100 crypto list after climbing above 7,000% during the past few months. MGLS, on the other hand, will introduce a P2E ecosystem that can help users learn how to invest and build wealth. We will dive into the price performance of both of these cryptocurrencies to see which one can surge further in value, and to see why these are the best cryptos to invest in.
Meme Moguls (MGLS) is an upcoming project poised for success as traders are accumulating it during its crypto ICO phase. A key driving force behind the project is its surge in the global meme industry, which is valued at $2.3 billion in 2020. This figure is expected to grow to $6.1 billion by 2025, based on data from Statista.
The ecosystem boasts compelling features designed to offer substantial rewards to inventors. There is even a Farming program where users are able to earn coins by actively participating in the project.
There is a P2E environment where users are able to mine new tokens, stake their MGLS balance in liquidity pools, and get rewards based on the tokens that they share, alongside the percentage of the annual returns.
There is also a Wealth Leaderboard, and the top 20 Moguls can share a prize pool that is derived from a percentage of the daily revenues gained by the project. Anyone can also buy and sell rare NFT characters, which can enhance their trading capability whilst improving trading conditions. These aspects make it one of the best new crypto to invest in.
Bonk Inu (BONK) is a Solana-based dog-themed meme coin that has spiked in terms of market capitalization and has reached the 80th spot on the crypto top 100 list. Bonk Inu’s recent price growth was by 400%, and this value was accumulated in the last 30 days alone. Its market cap has also grown to above $704 million, based on CoinGecko Data.
In the past week alone, Bonk Inu climbed in value from a low point of $0.00000568 to a high point of value at $0.00001444. This marked a total weekly upswing for Bonk Inu by a total of 77.4%. According to the Bonk Inu price prediction, the crypto can see an upswing in value as high as $0.000020 by 2024.
While Bonk Inu has showcased impressive performance, Meme Moguls is also getting significant attention. As a result, many traders began accumulating these cryptocurrencies with the objective of diversifying their holdings. Currently, MGLS, the native token behind the Meme Moguls ecosystem, is trading at $0.0021 during Stage 1 of the presale. Analysts are projecting an upswing in value by 100x following the launch of the project and the listing of the token on Tier-1 exchanges.
For more information about the Meme Moguls (MGLS) presale:
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