<img src="https://crypto.news/app/uploads/2023/12/crypto-news-smile-meme-coins-option10.webp” />
Shiba Inu (SHIB) and Meme Moguls (MGLS) are two notable meme coins that may dominate the charts in 2024 and beyond. SHIB has been on the market for a while, but MGLS pre-sales are gaining significant momentum.
Is Shiba Inu ready to dominate?
Shiba Inu is a dominant meme coin that is poised for more gains.
After publishing an analysis, The Coach XD recently gave hope to the Shiba Inu crypto community.
#SHIB chart shows key information about where we are in the monthly trend.
Unless we are about to go into oblivion, which I highly doubt, it looks like downside will completely be minimised here and upside is the highest probability.
A retest of the previous months open… pic.twitter.com/AfJZY7N4B2
— The Coach 𝕏Đ (@thedogecoach) January 8, 2024
Based on the monthly chart, the analyst speculated that the Shiba Inu Price has a minimal chance of registering another price drop.
A price increase could be the next step for it to become the 18th largest cryptocurrency by market cap.
- Shibariothe layer 2 scaling solution, has seen massive activity and will catalyze growth.
- The cryptocurrency is trading more than 160,000 times above its all-time low posted on November 28, 2020.
- The ecosystem is constantly growing and this can result in even greater utility for the SHIB crypto.
With this, SHIB can reach $0.000016 by the end of 2024.
Meme Moguls pre-sale in progress
tycoon memes is an upcoming platform that will feature a variety of income opportunities.
Users will be able to access simulated trading of meme-inspired assets. Through the platform, they will be able to see iconic Internet moments and viral memes, making it attractive to merchants of all types.
There are three key reasons why Meme Moguls can dominate the meme market, and these include:
- It will allow players to access simulated operations. Through it, they will be able to improve their commercial strategies. Each player starts with $100,000 which they receive in virtual currency. Players can only invest up to 20% of their virtual cash portfolio in a single investment. This approach is implemented to achieve a more accurate representation of diversified investing in real-world scenarios.
- It has great utility for its native token, MGLS. It is used as in-game currency and can also be used for the governance model, which drives user engagement much more.
- There will be a wide range of game elements. Players can compete with their friends on the virtual stock market. As such, they can learn different trading strategies and access various opportunities.
On top of all this, there will also be leaderboards and NFTs. NFTs can be obtained throughout the ecosystem and will improve trading conditions.
There's also Moguls World, which is the ecosystem's dedicated metaverse.
Summary
Shiba Inu and Meme Moguls are two meme currencies currently fighting for dominance. The focus is on MGLS, whose pre-sale is ongoing. In stage 4, MGLS is available for $0.0027, but will earn more profit at launch.
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.
