The rise of meme-based cryptocurrencies has been exciting, and amid this digital frenzy, a new contender is emerging: Meme Moguls (MGLS). While Dogecoin (DOGE) and Pepe (PEPE) hold their own in this market, Meme Moguls is looking to carve out a niche in this dynamic market.
Dogecoin (DOGE) is gaining momentum as its user base expands. Recently, a report from IntoTheBlock identified over 5 million Dogecoin addresses with a balance, which means growing interest and engagement in the DOGE community. In addition to this, technical indicators suggest a bullish sentiment.
It is noteworthy that the MACD histogram is showing increasingly positive trends, indicating an imminent bullish crossover of the MACD lines. Over the past 30 days, Dogecoin has performed well, posting 63% green days with a modest price volatility of 5.96%. This shows a bullish trajectory for the meme-inspired cryptocurrency. However, this growth may not please some traders who are looking for projects with much greater growth potential.
The Pepe (PEPE) community was recently rocked by a significant event initiated by its core team, presenting a staggering 418 billion PEPE tokens on Binance. This bold move, strategically aimed at enriching Binance's earnings program, sparked a surge in bullish sentiment among investors.
Looking at some Pepe price forecasts, it's clear that experts in the field are anticipating potential growth.
While Dogecoin and Pepe are showing some positive signs, they may not be able to compete with the long-term growth potential of Meme Moguls (MGLS). This project will introduce the very first meme-driven stock market powered by blockchain.
This caused huge excitement in the crypto sphere. Meme Moguls is currently in its first phase of pre-sale, with MGLS tokens being offered for just $0.0021. This value has sparked demand among traders eager to get their share of MGLS before its meteoric rise.
Meme Moguls not only serves as a trading platform, but will also allow you to connect with like-minded people to share new trading strategies or compete. The main goal is to reach the top of the meme tycoon wealth leaderboard.
While the trading exchange is the focus, the team's roadmap reveals plans for three additional components:
-Moguls Casino: A gaming platform that uses meme-based resources for many activities.
-Meme Moguls Fantasy Trader: Give traders the opportunity to improve their strategies by challenging or collaborating with peers.
-Land of Tycoons: A metaverse experience where you can do things like mine tokens or join liquidity pools.
According to Statista, the meme market will grow to $6.1 billion by 2025. With these innovative components, meme moguls can become a dominant force in the field.
Compared to Dogecoin and Pepe, MGLS has a competitive advantage of low market capitalization. In other words, the price of MGLS will rise much faster than its competitors because less new capital will be needed. Therefore, experts predict an increase in the cost of MGLS by 1000% before the completion of pre-sale preparation.
Those who buy it now can benefit from this growth. Not only that, but they will also be entered into a $10,000 drawing that will take place at the end of each presale stage.
