Shiba Inu Shibarium Transactions Surge 50%— Will It Follow Bitcoin and Meme Moguls' Surge?

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January 14, 2024
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2 min read

The Layer-2 solution project developed by the creator of Shiba Inu which is called Shibarium is a promising project offering cheaper and faster transaction rates. With a recent spike in Shibarium transactions, Shiba Inu is going side by side with increasing crypto coins like Bitcoin and Meme Moguls 

If Shiba Inu Shibarium spikes above 50%, Shiba Inu may experience a price shift that can rival Bitcoin before the year ends. 

Shibarium Performance May Influence Shiba Inu Price Tremendously 

Unexpectedly, Shibarium, the Layer-2 blockchain solution for Shiba Inu, experienced a remarkable upswing in transaction activity, surging by an impressive 50% within the past few hours.

Shibariumscan data documented a substantial leap from 4.37 million to a noteworthy 6.19 million processed transactions, injecting a fresh burst of energy into the Shiba Inu ecosystem. Shiba Inu price is currently around the range of $0.000009200 after declining recently.

Shiba Inu is going to gain another percentage of profit should Shibarium rake in another 50% transaction rate. Ultimately, with Shibarium on the side keeping the Shiba Inu ecosystem active, Shiba Inu presents itself as a good crypto to buy.

Recent Uptrends Signal a Potential Bull Race to Next Price Target for Bitcoin (BTC)

Compared to its price of $44,975 sometime yesterday, January 8, Bitcoin has reached an impressive price level ranging from $46,700 to $47,000 in just a few hours. Bitcoin price is slowly but surely appreciating over time.

Bitcoin has gained over 3.73% in the past 24 hours, 2.49% in the past 7 days, and 6.72% in the past 30 days, signifying a bullish momentum reigning throughout the month. Despite Bitcoin starting this year with a price below $42,000, its price has elevated as anticipated.

Bitcoin price is still set to keep going higher as its demand increases before its halving and ETF approval. While Bitcoin will still face various volatility, it’s probably the best crypto to buy right now for high gains in the long run.

Meme Moguls (MGLS) May Be The Next Meme Coin Dominator

Meme Moguls (MGLS) emerges as a formidable competitor in the meme coin market not merely relying on the typical internet trends associated with memecoins. Setting itself apart, Meme Moguls introduces a play-to-earn game, providing users with both entertainment and educational value in the realm of investing, all while earning $MGLS tokens.

Unlike its meme coin counterparts, Meme Moguls integrates a diverse range of features, including simulated investing, engaging gameplay modes, community tournaments, an NFT marketplace, and ambitious plans for a metaverse. This multifaceted strategy positions Meme Moguls as the best cryptocurrency to invest in among others.

Furthermore, the emphasis on practical utility with $MGLS as an in-game currency and governance token adds a layer of legitimacy, distinguishing Meme Moguls from meme coins driven solely by hype. The $MGLS token is gaining momentum, currently priced at $0.0027 per unit in its stage 4 presale, with limited units available before another price surge.

In summary, Meme Moguls' innovative features, coupled with real-world earning potential, suggest it could be a substantial contender in challenging the top position within the meme coin space.

For more information about the Meme Moguls (MGLS) presale follow the link below:

Website: https://mememoguls.com/

Twitter: https://twitter.com/meme_moguls

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email [email protected]

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email [email protected].

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