Bonk Surpasses $1 Billion Market Cap As Solana Sets New 2023 High. Can Meme Moguls Catch Up?

Bonk, a relatively new coin, has set the crypto community on fire as it Surpasses a $1 billion market cap. Also, the Solana coin has set a new yearly high of $79.50.

Amid these developments, Meme Moguls has emerged as the best crypto investment for investors. Read on to find out why.

Bonk (BONK) Market Cap Has Crossed $1 Billion

The meme coin sector has a new contender set to overcome Dogecoin. The name is Bonk (BONK). The Solana-based memecoin took the meme coin market by surprise as it surpassed the market cap of Floki and Pepe. 

CoinMarketCap data showed Bonk’s market cap at $1.18 billion as it ranked 55th. This a massive feat for a Bonk who is less than a year old.

Meanwhile, BONK price has increased 61.3% from a 7-day low of $0.00000951 to a 7-day high of $0.00003286. The alt coin has a 219.8% and 572.6% price pump on the 14-day and 30-day price chart. Analysts predict Bonk’s value will rise to $0.00002042 in December.

Solana (SOL) Hits New 2023 High, $100 Coming?

Since the beginning of the year, Solana (SOL) has been rising within an upward-trending channel; in November, Solana broke through the channel’s top line, speeding up its growth. This surge took Solana to a new yearly high of $79.50 on December 16th, an 865% increase since the start of 2023.

Currently, the alt coin is trading between the $64.81 and $79.50 price range. Solana coin is bullish on the monthly and yearly chart. According to CoinMarketCap, SOL has increased 22.3% and 499.9% on the monthly and yearly price chart, respectively.

Now, bulls are gearing up for the long-awaited $100 mark. A look at Solana price chart showed the token is bullish. However, more bulls would have to enter the market to make the $100 price mark a reality.

Can Meme Moguls (MGLS) Surpass Bonk and Solana?

Analysts are bullish on the potential of Meme Moguls (MGLS). They believe it is the perfect opponent to body Bonk and Solana. Does Meme Moguls stand a chance? Let’s see.

Meme Moguls is a new ICO that has presented a unique and enjoyable platform for meme enthusiasts and gamers to engage with each other. A highlight of Meme Moguls is its “wealth leaderboard.” This feature rewards the top 20 players with a portion of the daily revenues through cash prizes. 

Meme Moguls designed this feature to encourage a healthy sense of competition among participants. To climb this leaderboard, users engage in various competitions and tournaments. This setup fosters competition and creates an interactive and lively gaming environment. 

The platform does not stop there. It hosts both free and paid trading tournaments. This allows participants to vie for cash prizes and unique meme collectibles, like the famed Pepe. This adds an element of value to the experience as gamers can collect rare meme collectibles.

Meme Moguls features an in-game marketplace where users can buy, sell, or trade items. Users can buy gaming items or exchange their gaming items for cool cash. Currently, Meme Mogul’s tokens are valued at just $0.0023. with the potential for significant growth. 

Visit Meme Moguls

Conclusion 

While Bonk and Solana could see more gains in the coming months, analysts have dubbed Meme Moguls the best crypto investment. Besides, Meme Moguls is the only coin with utility in the group. This makes its chances of seeing more adoption higher than Bonk and Solana’s.

Also, #MemeMoguls Community Mega Giveaway Event is currently on with $20,000 in MGLS tokens up for grab. Many investors are already showing interest with trading activity up the roof. A price rally could begin any minute. So, get in to join the upward movement.

Learn more about the $MGLS here:

Visit Meme Moguls | Join the Community

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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