The crypto world is in for an electrifying December as meme coins like Dogecoin (DOGE), Bonk (BONK), and Meme Moguls (MGLS) prepare for significant surges. While Dogecoin and Bonk have become well-established altcoins, Meme Moguls – a new ICO has made headlines recently. Now in Stage 1 of its public presale, demand is so high that some experts foresee a 100x growth for MGLS in 2024. Let’s take a closer look at all three of these meme coins.
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What you'll learn 👉
How High Will Dogecoin Go?
According to crypto analyst Ali Martinez, Dogecoin (DOGE) has cleared all resistance levels and is now on track to reach $0.14. This meme coin started off December strong, with the Dogecoin worth rising from $0.083 on December 8 to $0.098 on December 11.
When we look at the Dogecoin technical analysis, we can also notice this upward trend continuing. For instance, this DeFi coin has experienced 20 positive trading days out of the last 30. It is also sitting comfortably above its 100 and 200-day EMAs.
Due to these bullish signs, experts remain optimistic in their Dogecoin price predictions. They foresee DOGE reaching $0.10 before the end of December 2023, leading to a further jump in 2024.
Bonk (BONK) Reaches a New All-Time High
The meme coin based on Solana, Bonk (BONK) recently achieved a new milestone. Its value skyrocketed to $0.00001468 on December 9. This was the culmination of a trend that started at the end of November when KuCoin announced it would list the Bonk coin. The Bonk price skyrocketed from $0.0000037 on November 28 to $0.00001219 on December 11.
Moreover, sentiment around the Bonk crypto is bullish, with 20 technical indicators in the green. The Fear & Greed index also shows positive signs, sitting at 74 (Greed). These bullish indicators suggest future growth for this DeFi project.
Because of this, market analysts have made a bullish Bonk price prediction. They foresee Bonk reaching $0.00001168 by the end of December 2023, making it one of the top altcoins to watch.
Meme Moguls (MGLS): The Best Crypto ICO
Meme Moguls (MGLS) won’t be your average meme coin; it’s an innovative Ethereum blockchain token changing the game. With a vision beyond just meme status, Meme Moguls aims to revolutionize the meme coin space by offering utility to its holders. Notably, the token will act as an in-game currency within a play-to-earn game, teaching you all there is to know about investing and wealth-building.
In Stage 1 of its presale, this crypto ICO event is gaining attention for its unique approach. With a price of just $0.0021, it’s a token showing early promise, as it has already provided early buyers with a 10% ROI. Moreover, holders of MGLS enjoy governance voting rights and potential passive income through staking, making it highly desirable.
MOGULS!! 🔥
— Meme Moguls (@meme_moguls) December 8, 2023
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
Since it taps into the meme industry, which Statista valued at $2.3B in 2020, Meme Moguls is strategically positioning itself for massive long-term growth. Since Meme Moguls is the only DeFi project that offers a platform like this, it could dominate this space and provide early buyers with outstanding returns.
Over $178,500 USDT have been raised so far, meaning investors are flooding the presale. They are looking to stockpile the MGLS token before its value skyrockets. With experts projecting a rise to $0.19 in the first year of its launch, this fear is warranted. If you wish to purchase this token now, sign up for the presale below and be active on their X account – the most active user will participate in a $10,000 giveaway at the conclusion of every presale phase.
The Ride Ahead
As December 2023 unfolds, these three meme coins – Dogecoin, Bonk, and Meme Moguls – are poised to capture global attention. However, Dogecoin and Bonk lack the utility that Meme Moguls will bring. They are based solely on hype, making their prices very volatile.
Moreover, Meme Moguls has a drastically lower market cap than them – $6.3M, compared to Dogecoin’s $13B and Bonk’s $700M. This means it will experience price growth much faster, making MGLS the best crypto investment.
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