The basic principle of making gains in the crypto market has always been to discover which coin has the most growth potential. Currently, there’s a similar opportunity for investors to position themselves for profits as experts predict that Meme Moguls (MGLS) has the potential to outperform meme coins Dogwifhat (WIF) and Floki (FLOKI). Find out why Meme Moguls had been projected to become one of the best crypto investment alternatives in 2024 below.
What you'll learn 👉
Meme Moguls (MGLS) on the Path of Raising $2.5 Million in the Ongoing Presale
The Meme Moguls platform is introducing a unique Play-to-Earn (P2E) gaming adventure that allows community members to trade memes in a stock market-styled model and earn rewards. On the Meme Moguls platform, members can grow their meme trading prowess to become moguls using the virtual trading platform.
Moreso, the Meme Moguls ecosystem spices up the gaining experience by implementing real-time market data, which enables members to stay up to date with the trends. There’s also the bustling Meme Moguls community, where individuals can share ideas and insights for better trading outcomes.
Notably, members can earn unique NFTs, coins and exclusive privileges to special features on the platform. Meanwhile, the MGLS native token has been making waves across the crypto market as one of the best crypto investment alternatives in Q1 of 2024 due to the token’s immense potential.
For context, the Meme Moguls is on the path of raising $2.5 million in the ongoing presale. While currently in the 5th state of presale, the MGLS token is sold for $0.0036. The platform has a giveaway of $10,000 worth of MGLS tokens at every stage of the presale which you can participate by joining on Zealy. Following the accelerated momentum of MGLS sales, experts believe the token has the potential to surpass other meme coins like Dogwifhat and Floki to become one of the best meme coins in the industry.
Meanwhile, there is a 30% deposit bonus in the current stage of presale. The project has been proven a safe investment option after a successful project audit by SolidProof. With the imminent launch of the token, it’ll be wise to buy the token now at a very affordable rate.
Floki (FLOKI) Market Cap Slumps Below $3 Billion Amid Bearish Sentiment
Following a significant price decline, Floki (FLOKI) has seen its market cap fall below the $3 billion mark. For context, the Floki market cap was cruising above $3 billion at the start of the year. However, after an over 18% loss in the token’s price value within the last month, the token’s market cap has declined significantly.
Similarly, the Floki trading volume has been on a 10% average decline on a day-to-day basis within the last week. As such, the Floki trading volume is struggling to generate past $10 million on a day-to-day average, as per data from CoinMarketCap.
Dogwifhat (WIF) Maintains Bullish Sentiment
Despite the slight bear waves recently experienced in the crypto market, Dogwifhat (WIF) has maintained its bullish stand. According to market charts, the Solana-based meme coin has gained over 45% within the past month.
Dogwifhat saw its market cap cross the $500 million mark going into the second half of January. However, the Dogwifhat market cap seems to have settled above the $300 million price mark. Nonetheless, the Dogwifhat still stands out alongside meme coins like Meme Moguls as one of the top-performing coins in the market so far in 2024.
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