<img src="https://crypto.news/app/uploads/2024/01/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option08.webp” />
Disclosure: This article does not represent investment advice. The content and materials appearing on this page are for educational purposes only.
Cardano is one of the largest cryptocurrencies and is projected to reach the dollar before mid-2024. Experts also predict that Cardano could reach an ATH this year. In other news, Shiba Inu has reportedly burned billions of tokens, but SHIB price remains stable. Meanwhile, Meme Moguls are emerging to set a new standard for meme coins.
Cardano May Hit All-Time High This Year
Cardano has faced headwinds in recent years and has failed to retest its all-time high of $3.10.
Still, it is one of the top 10 coins by market cap.
While ADA remains far from reaching all-time highs, experts say it may surpass the dollar by June 2024.
Shiba Inu burns billions of SHIB
Last week, Shiba Inu withdrew 9.41 billion SHIB from circulation.
Despite this, SHIB is still under pressure.
The Shiba Inu team has actively contributed to the burning of tokens, resulting in a significant increase in the burning rate.
They have plans to go into automatic mode to burn a substantial amount of Shiba Inu tokens.
Despite these efforts, the Shiba Inu price has fallen around 9% since January 11, possibly due to the broader crypto market's reaction to the SEC's approval of the first bitcoin spot ETF after almost a decade of anticipation and debate.
Meme Moguls sets a new meme currency standard
tycoon memes stands out in the meme coin market by going beyond typical internet trends.
Presenting a play-to-earn game sets it apart, offering users entertainment and educational value by investing while earning MGLS tokens.
Unlike other meme coins, Meme Moguls integrates features such as simulated investment, engaging gameplay, community tournaments, an nft marketplace, and ambitious plans for a metaverse. This comprehensive approach positions Meme Moguls as the best cryptocurrency investment.
The emphasis on practical utility, using MGLS as an in-game currency and governance token, adds legitimacy, distinguishing Meme Moguls from purely advertising-driven meme coins.
The MGLS token is gaining momentum. It has a price of $0.0027 in its stage 4 pre-sale.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.
