Meme Moguls recently hit a new milestone, raising $1.5 million during its presale. Now ahead of schedule to hit its presale goals, investors are flocking to the new altcoin to maximize their returns. Meanwhile, competitors such as Bone ShibaSwap have faced steep declines, causing investors to sell their tokens. Here's how the two projects compare.
Bone ShibaSwap is one of the newesy decentralized exchanges. Released in 2021, Bone ShibaSwap was created for the Shiba ecosystem, though failed to match the performance of Shiba Inu in 2023.
While Shiba Inu increased in value, Bone ShibaSwap (BONE) dropped by 43.79% and has crashed an additional 31.59% over the last month. This decline has resulted in a dramatic decrease in Bone ShibaSwaps' daily trading volume, which hit just $7 million on January 8th.
The crash was triggered by a general market correction, though Bone ShibaSwap has been hit harder than most projects. Despite announcing new listings on its platform, experts are now bearish about Bone ShibaSwap, with the latest predictions suggesting it could fall below $0.6.
At the time of writing Bone ShibaSwap was trading at $0.6205 and was down 2.6% in 24 hours. As Bone ShibaSwap's price continues to fall, investors are selling BONE tokens and picking up $MGLS, hoping to capitalize on expected 100x returns in 2024.
Meme Moguls has outperformed the DeFi market in the first week of 2024. While most projects declined Meme Moguls soared and hit a new milestone of $1.5 million raised during its presale. After hitting this milestone and reaching a new all-time high, the hype around Meme Moguls has continued to increase, with analysts now predicting 100x returns for early investors.
Meme Moguls is the first project of its kind. It combines memes and the stock market to introduce a unique play-to-earn gameplay experience. In the Meme Moguls game, investors will be able to invest in a virtual stock market. Each player will be granted $100,000 in virtual currency to invest and will be ranked on a leaderboard based on their profits. The top 20 Moguls in this leaderboard will earn monthly prizes.
But this isn't the only way to earn. Players will also be able to stake $MGLS tokens, compete in tournaments, or take part in winner-takes-all competitions. These lucrative gameplay options are a great way for players to meet like-minded investors, as well as build their investing skill sets.
60% of the project's token supply will be sold to the public during the Meme Moguls presale. The remaining supply will be split across the game ecosystem, rewards, team tokens and exchange listings. Within the next year, Meme Moguls is expected to reach highs of $0.19, a substantial increase for investors who get involved early.
The project's tokens are currently available for $0.0027 during stage four of the presale, during which investors can earn a number of exciting rewards, including a $10,000 giveaway at the end of each presale round. These rewards combined with expected returns and a unique ecosystem have made Meme Moguls a highly sought-after presale.
For more information about the Meme Moguls (MGLS) presale follow the link below:
Website:https://mememoguls.com/
Twitter: https://twitter.com/meme_moguls
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